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renewable energy

Is Alternative Energy the Game Changer for India A look back!

The energy of the sun and the rays produced are significantly essential for life. Now thats elementary, what about transforming sunlight into electricity power by directly using the photovoltaic (PV) process or indirectly using the concentrated solar power (CSP) process? Today, these types of energy process from sunlight have immaculate applications and benefits for the []

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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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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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MNRE Releases Final ALMM Format for Solar Cell Enlistment

The Ministry of New and Renewable Energy (MNRE) has issued the final application form for the enlistment of solar cell manufacturers under the Approved List of Models and Manufacturers (ALMM). This move follows MNREs recent announcement to bring solar cell makers under the purview of the ALMM framework. According to the ministry, the final application []

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Security Risks From Inverters In Focus After US Report

While Chinese dominance of the solar panel industry has been well documented and understood, most people tend to bypass the huge presence of Chinese inverter firms in the solar market. Even if we consider key markets like India or the US and even Europe, the focus of supporting local manufacturing as well as creating tariff []

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Green Stocks May 14- Green Stocks Ride Performance, Optimism

On a day when large caps largely struggled, small and mid-cap stocks maintained their positive momentum, green caps especially so. That is why KPI Green, which has already climbed almost 15% since the week started, rose yet again today after it delivered on expectations of a strong Q4, and with it, FY25. The optimism spread []

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