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MNRE Clarifies ALMM Exemptions for Net Metering & Captive Use

The Ministry of New and Renewable Energy (MNRE) has issued a latest clarification regarding the scope of exemptions under the Approved List of Models and Manufacturers (ALMM) for various types of solar power projects. In an office memorandum, the ministry responded to two key queries related to the applicability of ALMM for Net-Billing, Virtual Net […]

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Inox Green Bags 285 MWp Solar O&M Deal, Nears 1 GW Portfolio

Inox Green Energy Services has signed agreements to provide operations and maintenance (O&M) services for 285 MWp of solar projects owned by two renewable energy firms, the company said. The projects, led by one of the O&M providers, span multiple sites. With the new contracts, Inox Green’s solar O&M portfolio has grown to around 1 […]

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IFC Backs $5mn Investment In Husk Power For Solar Mini-Grid

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $5 million investment in Husk Power Energy Systems Nigeria Limited to support the rollout of solar hybrid mini-grids in underserved communities across northern Nigeria. The financing, backed by the Government of Canada, is aimed at expanding access to reliable and […]

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From Earth’s Core to Clean Energy: The Rise of White Hydrogen

In the times when the “Green Hydrogen Future” bubble seems to have burst with many once big proponents now opting out of the green hydrogen adoption goals, the focus rightfully shifts to other competitors in the clean fuel space, such as biodiesel, ethanol, natural gas, biogas, and even other components of the hydrogen spectrum. White […]

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Waaree-Backed Solfin Disburses ₹100cr Solar Loans In 9 Months

Solfin, a tech-led renewable energy finance platform backed by Waaree Group, has disbursed more than ₹100 crore in solar loans within nine months of launching operations. The milestone follows a ₹100 crore strategic investment from Waaree Sustainable Finance Pvt. Ltd., the financing arm of Waaree Group. Solfin operates as a non-banking financial company (NBFC) and […]

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GERC Nod For Supply Of Solar Power At Rs 2.55/kw

The Gujarat Electricity Regulatory Commission (GERC) has approved solar power tariffs discovered by Gujarat Urja Vikas Nigam Limited (GUVNL) for the procurement of 1,000 megawatts (MW) of electricity through a competitive bidding process. GUVNL had issued a tender in August 2024 to procure 500 MW of grid-connected solar power, with an option to purchase an […]

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Green Stocks May 15: Stocks Consolidate In Positive Market

As the large caps finally had their day in the sun, for our green energy pack, it was a time to consolidate gains from yesterday. Thus, other than a Gensol that is purely a speculative stock today, none really ran away with gains, although almost none lost any ground, other than Acme Solar, which had […]

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GoodWe Launches GT Series String Inverters For India C&I Market

GoodWe, a global leader in solar inverters and renewable energy solutions, has expanded its product line-up for the commercial and industrial (C&I) sector with the launch of its GT Series String Inverter, delivering over 100kW power rating. The next gen inverter is tailored for businesses aiming to enhance operational efficiency and sustainability, promising significant energy […]

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Odisha To Bring New EV Policy Soon, Says Deputy CM

Odisha is now all set to formulate its new Electric Vehicle (EV) Policy for the state, Deputy Chief Minister and Energy Minister K.V. Singhdeo said. This comes close to the expiry of its last EV policy in 2026. The state had earlier floated its Odisha Electric Vehicle (EV) Policy in 2021 to spur the growth […]

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