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Waaree Renewables Boasts Of 3.2 GW Of Order Book

Waaree Renewable Technologies claimed that its unexecuted order book had grown to 3.2 gigawatts peak (GWp), up from 2.3 GW at the start of the fiscal year, as the listed engineering, procurement and construction (EPC) firm continues to expand its footprint in India’s rapidly evolving clean energy sector. “We started the year with an unexecuted […]

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NHPC Approves Rs 797 Cr For 1.2 GW Uttar Pradesh’s Solar Park Project

NHPC’s Board of Directors has approved the development of a 1,200 MW solar park in Uttar Pradesh’s Jalaun district, the company said in an exchange filing. It said the project will involve an estimated investment of Rs 796.96 crore, including interest during construction (IDC) of Rs 42.69 crore. The company will invest Rs 239.09 crore […]

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97% Business Leaders Support Shift Towards Renewable Energy: Report

A global survey of business executives across 15 countries shows overwhelming support for a rapid transition from fossil fuels to renewable energy. The poll found that 97 percent of leaders from mid-market and large companies back a move away from coal and other fossil fuels, with nearly 78 percent supporting a renewables-based electricity system by […]

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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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What Led to the Surge in REC Purchases by DISCOMs?

Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […]

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JSW Acquires 4.7 GW RE Platform From O2 Power For ₹12,468 Cr

JSW Neo Energy Limited (JSW Neo), a JSW Energy Limited subsidiary, has completed the acquisition of a 4.7 GW renewable energy (RE) platform from O2 Power Pooling Pte. Ltd. (O2 Power), a platform jointly established by global investment organisations EQT & Temasek in 2020. The platform is valued at approximately ₹12,468 crores, after adjustments under […]

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ACME Solar Secures ₹2,491 Cr Refinancing for 490 MW RE Projects

ACME Solar Holdings, a unit of the diversified ACME Group, has secured a Rs 2,491 crore long-term project finance facility for 18-20 years. The refinancing will help the company restructure its existing debt and lower financing costs for its 490 MW operational renewable energy projects across Andhra Pradesh, Rajasthan, and Punjab. The refinancing, secured from […]

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Can Honda Do An Activa With Its Activa e:?

Honda Activa is not just a scooter. It stands as a symbol of no-nonsense mobility, deeply embedded in our memories and popular culture, and has even been immortalised in a hit song embraced by Gen Alpha. Launched in 2001, the petrol Activa revolutionised personal mobility in India, becoming a staple for millions, especially women, with […]

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As Fy25 Ends, A Mixed Message For Solar From Regulators, Courts

The final week of March, also the end of the financial year 2024-25, saw a troika of rulings in favour of solar, and solar customers by extension, across key states of Maharashtra, Karnataka and Tamil Nadu.   Maharashtra Regulator Backs Solar With Vote For Status Quo   In Maharashtra, the Maharashtra Electricity Regulatory Commission (MERC) […]

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