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renewable energy

CtrlS Datacenters Unveils Captive Solar Farm GreenVolt1

CtrlS Datacenters Ltd, a data center operator, unveiled its captive solar farm, GreenVolt 1, in India. Phase I, with a capacity of 62.5 MWp, went live in June 2024, while Phase II, with an additional capacity of 62.5 MWp, is under implementation. CtrlS has spent over a year in R&D optimizing the project and complying []

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Green Stocks Feb 5: Cautious Recovery Continues For Green Stocks

On a day when the midcap and small-cap indices were strong, the green energy cap also made the most of the recovery in the air. While Shakti Pumps was back at the upper circuit limit, seeking a return to previous highs, Adani Green also staged a smart recovery to trade well over Rs 1000 again. []

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MERCs No To Wind-Solar-Thermal Bundling for OA Consumers In Maharashtra

In an order that left some hope for a future rethink on the issue, the Maharashtra Electricity Regulatory Commission (MERC) has rejected a plea by the Captive Power Producers Association(CPPA)  in the state to direct the key state discom/s to allow bundling of solar, wind and thermal power for use by captive consumers too. MSEDCL []

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News In Brief Feb 5: BrightNight Gets PPA, Amazon Solar Deal, Eco Waves Pilot Project In India

BrightNight, Cordelio Power Sign PPA To Supply Renewable Energy To Arizona BrightNight, a global renewable power producer, and Cordelio Power entered into a new power purchase agreement with Arizona Public Service (APS), an electricity provider in Arizona. Under the agreement, APS will purchase carbon-free energy from BrightNight and Cordelios Pioneer Clean Energy Center, a hybrid []

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January Power Market- DAM Prices Drift Lower, Green Volumes Up 218% YoY

Indian Energy Exchange, Indias premier electricity exchange, achieved monthly electricity traded volume of 10,910 MU in January25, marking a 16% increase on year-on-year basis. IEX recorded highest ever monthly trade of RECs in January 25.  A total of 38.03 lakh Renewable Energy Certificates were traded during the month, marking a 150% year on year increase. []

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Green Stocks Feb 4: Stocks Rebound Sharply

As the broader markets heaved a sigh of relief by bouncing back sharply, our green pack had a tough time keeping up. Thus even as most shares rose, many could not quite match the exuberance of the broader markets. That points to a fatigue among investors for the green energy theme, and the focus on []

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Bihar Plans To Build Solar Project On Private Pond, Issues Tender

Bihar Renewable Energy Development Agency (BREDA) recently issued a tender to procure solar power from a 20 MW grid-connected solar project. The project is planned under the RESCO mode and will be located on a private pond in Bihar. The tender would open and end on 20th February 2025. It bidding for the tender would []

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Indus To Acquire Stake in Amplus Tungabhadras Solar Plant

In a pursuit of expanding its renewable energy portfolio, Gurugram-based Indus Towers has agreed to acquire a 26% equity stake in Amplus Tungabhadra Private Limited. Together, they will form a special purpose vehicle (SPV) to own and operate a Captive Power Plant (CPP). The company said in a regulatory filing, Indus Towers is set to []

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With A Historic Order Book, Suzlon Picks Pace In Executions

Indian wind turbine manufacturer Suzlon Energy is in high spirits, buoyed by its historic order book. The company claims to have executed a significant quantum of orders in the third quarter (Q3) of FY25. In its latest interaction with investors, the top management briefed them on the companys financial health and future prospects. JP Chalasani, []

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