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renewable energy

Jubilant Ingrevia, O2 Power Partner To Source RE For Manufacturing Facility

Jubilant Ingrevia, a globally integrated Life Sciences & Speciality Chemicals company, signed a power purchase agreement with O2 Power through its wholly owned subsidiary Jubilant Infrastructure Limited for its SEZ Bharuch Manufacturing Facility. The contract comes one year after carrying out the same exercise at its manufacturing facilities in Savli, Gujarat and Gajraula, Uttar Pradesh, […]

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Green Stocks Mar 12: Less Red, More Green By Holi perhaps?

Even as markets mostly stayed in the red, there was a splash of green on our pack today, as most stocks made up for a disappointing day yesterday. Leading the way were the larger developers Adani Green and NTPC Green, the former buoyed by news of another 250 MW of commissioning in Kadapa, Andhra Pradesh. […]

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SolaX Power to Launch Micro-Inverters for Indian Market Soon

Global solar inverter brand SolaX Power is set to introduce its latest innovation—solar micro-inverters—tailored for the Indian market. The company is in the final stages of launching these inverters, specifically designed for smaller residential rooftop solar installations. The move gains significance with the introduction of the PM Surya Ghar scheme, which supports compact solar setups […]

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NGEL Invites EoI For 4 MW/12 MWh Solar Plus BESS Project In Great Nicobar

NTPC Green Energy Limited (NGEL), an NTPC subsidiary, has issued a tender to build a solar plant with a Battery Energy Storage System (BESS) at Great Nicobar Island (GNI), India. NGEL through this EoI targets building a tentative planned capacity of up to 5 MW for the solar plant with a BESS capacity of up […]

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Vietnam’s Threat To Go Back On Tariff PPA’s Sends Chills Through Developers

Vietnam’s decision to retroactively revise subsidised pricing rules for wind and solar energy has raised concerns among stakeholders in the industry, especially foreign investors. The move comes after Vietnam blew past its renewable addition targets between 2020-23 on the back of a generous Feed In tariff mechanism that made projects much more lucrative in the […]

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NHPC Discovers A Tariff Of Rs 3.41/kwh For 1.2 GW Hybrid Project

Adani Green, Sprng Vayu Vidyut (Sprng Energy), Illuminate Hybrid (Mahindra Susten), and Avaada Energy have secured NHPC’s 1.2 GW wind-solar hybrid tender. NHPC had initiated the tender process to identify renewable energy developers for hybrid projects, strengthening its green portfolio. The tender was issued in January, and results were announced within two months. NHPC awarded […]

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Green Stocks Mar 11: Green Stocks Fail To Benefit From Rebound

On a day when the key indices, as well as the broader mid cap index rose, most green energy stocks failed to catch the wind, so to say. NTPC Green, Borosil Renewables, Suzlon, SJVN and Premier Energies were just about able to eke out some gains, even as the rest slipped, and in some cases, […]

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MNRE: Solar Cells Made With ‘Blue Wafers’ Won’t Qualify As DCR

In a latest move, the Ministry of New and Renewable Energy (MNRE) clarified that domestically manufactured solar cells which are produced using ‘blue wafers’ would not qualify under Domestic Content Requirement (DCR) norms. The ministry issued a formal notification today in this regard. Blue Wafers refer to diffused wafers, usually imported in India from other […]

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Ladakh: Group Surya Wins Solar-Hydrogen Microgrid Project

Group Surya’s subsidiary, Surya International, has secured an EPC package to develop a 200 kW Solar-Hydrogen BESS-Based Microgrid in Chushul, Ladakh. NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Ltd., awarded the project to the Odisha-based company. NTPC and the Indian Army launched this initiative to utilize green hydrogen for round-the-clock (RTC) power […]

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