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hybrid renewable projects

Rooftop, CPP & Hybrid Projects Take Precedence in Gujarat Renewable Energy Policy 2023

Gujarat Chief Minister Bhupendra Patel has released the Gujarat Renewable Energy Policy 2023. The Policy, whose operative period is upto 2028 or till notification of new policy (whichever is earlier), sets sights on achieving some big goals defined by the State and places a premium on solar-wind hybrid projects. Goals Chalked Out  The State will […]

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Tata Power Renewable Energy Bags 255 MW of Hybrid Projects For Delhi

It’s all within the group as Group Firm Tata Power Renewable Energy (TPREL) bagged the 255 MW Wind-Solar Hybrid auction from Tata Power Delhi Distribution Limited (TPDDL). The supplies are meant for the Delhi market, where TPDDL is one of the 3 discoms operating, besides the two BSES discoms. The winning bid of Rs 3 […]

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Inox Green Enters Solar O&M With 675 MWp Projects Across India

Inox Green Energy Services has agreed to provide operations and maintenance (O&M) services for 675 MWp of solar projects owned by one of India’s leading renewable energy companies. The projects are located across multiple states in India. With the agreement, Inox Green — one of the country’s leading renewable O&M service providers — marks its […]

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Waaree Renewable Delivers With Strong Finish To FY25

Waaree Renewable Technologies Ltd. (WRTL), one of India’s fastest-growing and largest solar EPC companies, announced its audited financial results for Q4 and full-year FY25 on Apr 16. WRTL’s Q4 FY25 revenue from operations reached ₹476.58 crore, marking a 32.3% increase sequentially from ₹360.35 crore in Q3 FY25 and a 74.5% increase YoY from ₹273.31 crore […]

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Waaree Renewable Debuts on the National Stock Exchange (NSE)

Waaree Renewable Technologies Limited, the EPC arm of Waaree Group today announced its listing on the National Stock Exchange (NSE). The company was earlier already listed under the Bombay Stock Exchange (BSE) only. “Waaree Renewable Technologies Limited’s NSE debut is a strategic inflection point. It provides the company with wider stakeholder engagement, and enhanced capital […]

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KPI Green Terminates 66.2 MW Hybrid Order With Sai Bandhan Infinium

KPI Green Energy has terminated a 66.2 MW hybrid power project order received from Gujarat-based Sai Bandhan Infinium, which is preparing for an initial public offering (IPO). The order, awarded in 2024, was scrapped six months later due to changes in technical requirements, the company said in a regulatory filing. “The project, part of the […]

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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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Sterling & Wilson Wins ₹1,470 Cr Orders For Three Renewable Projects

Mumbai-based Sterling and Wilson Renewable Energy Limited (SWREL), a domestic renewable EPC company backed by Reliance group, has secured three new domestic letters of award worth ₹1,470 crore. The company received two letters of award from private IPPs and was declared L1 for a 200 MW AC solar project. SWREL’s first Wind EPC order came […]

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Ayana Renewable To Raise Rs 150 Cr From IL&FS Mutual Fund

Renewable energy company, Ayana Renewable is set to raise Rs 150 crore (approximately $17.4 million) in debt from IL&FS Mutual Fund. This funding comes just a month after the company signed a share purchase agreement with the ONGC-NTPC Joint Venture. The board at Ayana Renewable has passed a special resolution to issue 1,500 non-convertible debentures […]

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