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SAEL Gets $132Mn from NDB, AIIB, Others for AP Solar Project

SAEL Solar MHP1, a subsidiary of SAEL Industries Ltd.,  has secured debt finance amounting to US$132 million from three global financial institutions — Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale. SAEL Solar MHP1 would use the funding to develop a solar power project in Andhra Pradesh. Each institution has committed […]

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Research Manager -Energy

We are looking for an aspiring leader to manage our Fiscal & Valuations team in Gurugram, India.  Our long history in the energy sector is underpinned by our deep understanding and modelling of fiscal regimes around the world. We provide unique insight to our research and consulting clients, industry and Governments, on how fiscal terms impact […]

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2030 Target No Longer Bold Enough, Look Beyond 500 GW

India’s pledge to install 500 GW of non-fossil energy by 2030 was hailed as bold and transformational when announced at COP26 in 2021. However, this target is no longer sufficiently ambitious compared to what the country has potential to achieve, thanks to the overall evolution of the energy landscape through the last few years.  For […]

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US Cancelled $14 Bn in RE Projects, 10,000 Jobs Lost In 2025: E2

Businesses in the United States (US) canceled or delayed more than $14 billion in investments and 10,000 new jobs in clean energy and clean vehicle factories since January, amid rising fears over the future of federal clean energy tax credits and policy, according to E2’s latest analysis of clean energy projects tracked by E2 and […]

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The Start Of The Energy Storage Era Has Arrived In India- SBI Caps

Investment bank SBI Caps has released a new report on the evolving battery scenario in India. The report makes a number of observations and recommendations to ensure that the critical sector delivers on its promise. From cautioning against a rush towards reducing dependence on China, calling instead for a more calibrated approach, to  increasing import […]

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Diu Becomes First Fully Solar-Powered District With 11.88 MW Capacity

Diu has become a shining national example of renewable energy adoption in India, with its entire daytime electricity demand being met through solar energy, said Union Minister for New and Renewable Energy Pralhad Joshi. With an 11.88 MW capacity (9 MW ground-mounted and 2.88 MW rooftop). Union Minister Joshi visited Diu today to review its […]

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Waaree Solar Americas Gets 586 MW Global Order Worth $176 Mn

Waaree Solar Americas, a subsidiary of Waaree Energies, has received an international order for 586 MW of solar modules, the company said in a regulatory filing. The $176 million order was placed by a prominent U.S.-based developer and owner-operator of utility-scale solar and energy storage projects, the company added. Waaree Solar Americas secured the order […]

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Insolation Energy Reports 127.5% Jump In Net Profit In FY25

Insolation Energy Limited (INA Solar), an Indian solar module manufacturing company, has now announced its financial results for the financial year 2024-25. The firm reported a sharp rise in its financial performance for the fiscal year ending March 31, 2025, with net profit surging 127.5 percent year-on-year to ₹126.19 crore. The Jaipur-based company reported a […]

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Nextracker Breaches 10 GW Mark In India

Nextracker, a global leader in advanced solar energy solutions, has announced that it has surpassed 10 gigawatts (GW) of solar tracker deployments in India—a major milestone reinforcing its market leadership and the country’s accelerating solar adoption. Nextracker has been expanding its footprint in India with a new 80,000 sq. ft. office and research and development […]

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