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Domestic firms dominated Jharkhand‘s 1.2 GW Solar Tender

Jharkhand’s first bulk tender of solar power projects of 1.2GW received interest from Indian companies. The state issued tender to allocate 1200 MW of solar power projects to private developers in December last year. Early this month Results announced  by the Jharkhand government shows bids placed by successful project developers range between Rs 5.08/kWh and […]

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Update: Rayzon Solar’s Pre IPO Round Attracts $16.2 Million

An earlier version of this story mentioned Sachin Tendulkar as an investor in Rayzon Solar’s maiden funding round, based on details from the company’s regulatory filing (MGT-14).  However, the latest filing (PAS-3) does not show any share allotment to Tendulkar. Accordingly, we have updated the story and removed his name. Solar panel manufacturer Rayzon Solar […]

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Bigger & Faster – South India’s Renewable Comeback

South India, which heralded some of the earliest large-scale solar and wind projects in the country, is now further expanding its clean energy footprint. Again, one could say that some of India’s most notable renewable achievements came from the region before 2020. From the then-largest solar plant at Kamuthi in Tamil Nadu with a 648 […]

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ALMM: Goldi, Grew Navitas & MKU Holdings Add New Capacities

A total of 13 solar module manufacturing units from the country have added new capacities in the latest Approved List of Models and Manufacturers (ALMM). The companies that added the largest capacities included Goldi Solar, Grew Energy, MKU Holdings, Navitas and Ganesh Green. The latest list, released by the Ministry of New and Renewable Energy […]

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UPPCL Discovers A Tariff Of Rs 2.56/kwh For 2 GW Solar Project

Uttar Pradesh Power Corporation Limited (UPPCL) has concluded its 2 GW solar auction, awarding projects to four bidders: ReNew Solar Power, Fastnote Biofuels (Hindustan Power), and Adani Renewable Energy Holding Twelve. UPPCL released the tender for this project in February 2024 and declared the results after a year. According to the tender results, the lowest […]

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Siemens Gamesa Wind Business In India, Sri Lanka Acquired By TPG, Others

TPG, a leading global alternative asset management firm, and Siemens Gamesa, a wind power subsidiary of Siemens Energy and leading wind turbine manufacturer, have  announced they have entered into an agreement, under which TPG will acquire a majority stake in Siemens Gamesa’s onshore wind turbine generator manufacturing business in India and Sri Lanka. The transaction […]

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Bangladesh Seeks To Get Renewables Back On Track with 2.6 GW Tender

Bangladesh, where much else besides its renewables plans were disrupted as a result of the student backed movement that overthrew the then government of Sheikh Hasina last year, has a lot of catching up to do. Not only has the country been embroiled in disputes with power providers in India like the Adani group which […]

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Yogi Adityanath Inaugurates Avaada’s 1.5 GW Solar Module Facility In Gr. Noida

Chief Minister of Uttar Pradesh, Yogi Adityanath inaugurated Avaada Group’s 1.5 GW Solar Module Manufacturing Gigafactory in Noida. Simultaneously, the foundation stone was laid for Avaada Electro’s ambitious 5 GW Integrated Solar Manufacturing Unit at Ecotech, Greater Noida. These milestone projects reaffirm Uttar Pradesh’s position as a key emerging hub for green energy and industrial growth. Avaada has […]

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Grew Solar Plans To Enter Foreign Markets, Eyes Exports By CY25

Can you give an overview of the journey of Grew since its inception? GREW Solar has been strengthening its presence in India since its inception in 2022. The first production unit was set up at Dudu, close to Jaipur, Rajasthan, which has been successfully operating for almost 2 years now. Recently, the company has a […]

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