SUBSCRIBE NEWS LETTER

Renewable energy generation

US Bitcoin Miner Sangha Launches 19.9 MW Solar Project, Raises $14M

US-based Sangha Renewables, a renewable energy generation firm focused on bitcoin mining and institutional-grade project finance, has announced the groundbreaking of its 19.9-megawatt (MW) mining facility in West Texas. This project is developed in partnership with an independent power producer (IPP). the facility will operate behind the meter on an established large-scale solar energy site […]

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NTPC Green Q4 Profit Jumps 188% on Strong Revenue

NTPC Green Energy Ltd., a subsidiary of India’s largest power generator, reported a more than three-fold jump in its fourth-quarter net profit, buoyed by robust revenue growth and operational efficiency. For the quarter ended March 31, 2025, the company posted a consolidated net profit of ₹233.21 crore, up sharply from ₹80.95 crore in the same […]

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Waaree RTL Bags ₹114 Cr Order For 94 MW MSKVY Solar Project

Mumbai-based Waaree Renewable Technologies Limited (WRTL) has received a Letter of Award (LOA) from a Renewable Energy Generation Company to construct 94 MW AC Solar PV Plants. The developer would be responsible for undertaking EPC activities to develop projects across multiple locations under the Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) 2.0. The project consists of […]

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MP Approves 2 GW Solar, 1 GW Storage For Shared Supply With UP

Madhya Pradesh Chief Minister Mohan Yadav approved setting up a 2,000 MW solar park and a 1,000 MW composite energy storage project at a recent cabinet meeting. The minister said in the statement, “This initiative aims to supply electricity on a complementary basis to both Madhya Pradesh and Uttar Pradesh, as the peak demand periods […]

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BC Jindal Forays Into RE Component Manufacturing With ₹4,000 Cr Investment

BC Jindal Group has announced its entry into component manufacturing for renewable energy power generation. In the first phase of the project, the group aims to deploy an investment of Rs 4,000 crore to kickstart its renewable energy component manufacturing venture. This phase will include setting up 2 GW of solar cell manufacturing/ solar module […]

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ACME Targets Rs 10,000cr Revenues From Solar Module, Cell Biz

ACME Group is aiming to generate Rs 10,000 crore in revenue by 2030 from its solar module and cell manufacturing operations, as part of a broader strategy to diversify beyond renewable energy generation. The Gurgaon-based company has entered the solar equipment manufacturing sector with an investment of Rs 230 crore. Its new module manufacturing facility […]

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L&T Bags Power Transmission & Distribution Order In Uttar Pradesh

The Power Transmission & Distribution (PT&D) division of Larsen & Toubro (L&T) has secured new orders both in India and internationally. In India, it has been awarded a contract to implement 765kV and 400kV transmission line segments associated with a Renewable Energy Zone in Uttar Pradesh (UP). Before this, the company won an order for […]

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MP 2025 Policy: Powering Non-RE States, Upgrading Substations

Madhya Pradesh has set a policy target to invest ₹50,000 crore by 2027 in the renewable energy generation sector. For renewable energy equipment manufacturing, the state plans to invest ₹10,000 crore by 2027 and ₹4,000 crore by 2024. Moreover, the policy intends to incentivize repowering and technology upgrades of renewable energy projects. Additionally, Madhya Pradesh’s […]

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Budget 2025- Green Stocks Fail To Fire Despite Manufacturing Push

The 2025 budget presented by Finance Minister Nirmala Sitharaman had one announcement at the end that overshadowed almost everything mentioned before. Yes, we are referring to the hike in Income Tax exemption limit for salaried individuals to Rs 12 lacs, a move that is seen as the biggest effort yet to spur domestic consumption by […]

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