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Q1 2025: ESS Accounts For 64% Utility-Scale Tendering Activity 

India’s Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The report finds that various Indian […]

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Green Stocks April 25- The Slide Returns

After enjoying a week of relative comfort and feel good rise in prices, green stocks were jarred back to reality today. the mid-cap and small-cap heavy pack had little space to hide as only the large caps escaped in the markets today. Driven by the higher risk of conflict and related risks, investors are just […]

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Can Make In India Hurt? DCR Shortages Offer An Unhappy Picture

One of the biggest success stories of the Modi government has been the capacity additions in renewable energy, particularly solar energy. From less than 3 GW in 2014, solar capacity today is over 107 GW. Similarly, solar manufacturing capacity has grown from small, sub-GW levels to over 80 GW in Modules, and 25 GW in […]

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IEX Results- PAT Up 22% In FY25, Traded Electricity Volume Rises 19%

The Indian Energy Exchange (IEX) has announced its Q4 results and full year numbers for FY25. India’s largest  power exchange reported an 18.7% rise in electricity traded volumes, that powered a 19.3% rise in consolidated revenues and 22.3% rise in net profits as well. Consolidated Revenue in FY’25 increased to Rs 657.4 Cr from Rs […]

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Green Stocks April 22: In A rising Market, Green Stocks Slip Up

Even as markets surprised with a positive closing, especially the small cap and mid cap indices, Green stocks in our pack struggled to hold on to gains. The exceptions of course were the two solar and cell manufacturers, Premier Energies and Waaree Energies, The latter especially seemed to have real momentum behind it, as news […]

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UltraTech To Tap AMPIN’s 75 MW Solar Project For Captive Power

UltraTech Cement has signed an energy supply agreement and a share subscription and shareholders agreement to acquire a 26% stake in AMPIN C&I Power Eight Private Limited, a company involved in the generation and transmission of renewable energy. AMPIN C&I Power Eight, based in New Delhi, is a special purpose vehicle (SPV) set up to […]

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European RE PPA Market Adds 19 GW New Capacity In 2024

The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report.  The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]

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2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions

Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […]

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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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