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India Issued 69GW+ Renewable Tenders In FY24, Says IEEFA Report

The Institute of Energy Economics and Financial Analysis (IEEFA) in its latest report indicated a record 69+ Gigawatt (GW) of renewable energy tenders in India in 2023-24. This is against the Indian governments own annual target of 50 GW. The global energy think tank attributed this to the strong push from the Union government at []

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100% European Materials Promised At 250 MW Bulgarian Module Plant

Europes ongoing efforts to preserve solar manufacturing within the continent got a small boost with the installation of a 250 MW automated production plant in Bulgaria. Set up by Italian solar manufacturing machinery producer Ecoprogetti, the plant is owned by Bulgarian company Solar Panel Eood and will produce solar modules in an automated process with []

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Green Stocks Buck Market, 3 Locked On Upper Limit

Our renewable pack continues to handily beat the market, if not defy gravity. On a day when the market corrected almost 0.8%, three of the 11 stocks in our basket stayed locked into the upper circuit filter. That one of them made losses in its last quarter (SWREL), and the other two are EPCs in []

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NTPC-REL Seeks Bids For 900 MW Project In Madhya Pradesh

NTPC Renewable Energy Limited (NTPC-REL) has invited online bids for land and power evacuation packages for a 900 MW ISTS-connected solar project In Neemuch region, Madhya Pradesh. NTPC-RELs  tender document mentioned that the project requires government/private contiguous land of 5 Acres/MW on a freehold/leasehold basis near Neemuch ISTS substation in Madhya Pradesh, the lease period []

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A Record Breaking 2024 Awaits First Solar, As It Starts Q1 With Production Record

US Based First Solar, the worlds largest Cadmium telluride (CdTe) thin-film module manufacturer has just announced its forst quarter results. The firm, which became the first foreign form to be a part of the approved list of module manufacturers (ALMM) of the Ministry of New and Renewable Energy in India (MNRE) produced 3.6GW of modules []

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GIPCL Seeks Bids For 500 MW Solar Project In Khavda, Gujarat

Gujarat Industries Power (GIPCL) invited bids from interested parties to participate in a tender for the commissioning of a 500 MW (AC) solar PV plant at Khavda.  Gujarat based GIPCL was awarded a 500 MW (AC) Solar Project by GUVNL, to be developed at 2375 MW RE Park located at Great Rann of Kutch, near. []

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Green Stocks Prepare For the Next Run As Results Season Looms

On a day when the market seemed to be in a mood to consolidate, our green energy stock pack moved in a different direction. So while Waaree Renewable Technologies, after a three-day reversal, was back testing the upper circuit, it joined Shakti Pumps, which seemingly has unsatiable demand for its stock right now. KPI Green []

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Vikram Solar Bags 250 MW Module Order From GIPCL

Leading module manufacturing firm Vikram Solar, has announce a significant a 250 MW order win from Gujarat Industries Power Company Limited (GIPCL). The company has successfully received the Letter of Intent (LoI). The sizeable order is a welcome sign of rising demand for one the oldest firms in the solar manufacturing sector The modules to []

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