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renewable power in India

ACME Gets INR 1,072 Cr Funding Boost for 250 MW Solar Project

ACME Solar Holdings has secured a refinancing facility of INR 1,072 crore for its 250 MW operational solar project in Aklera, Rajasthan, through its wholly owned subsidiary, ACME Aklera Power Technology Pvt Ltd. The debt facility, arranged by a consortium led by Bank of America and Standard Chartered Bank, is intended to refinance existing borrowings […]

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Gentari Launches 150 MWp Maharashtra Open Access Solar Plant

Clean energy firm Gentari, which recently integrated its Commercial & Industrial (C&I)-focused platform Amplus Solar into its brand, has commissioned a 150 MWp open-access solar plant in Wardha, Maharashtra. The project, located in Dahegaon village in Yavatmal district, is connected to the state transmission utility (STU) to supply power to C&I consumers. The latest project […]

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Waaree RTL Signs 100 MWp Solar Deal With Viet Khanh

Waaree Renewable Technologies Ltd (Waaree RTL), the solar EPC arm of India’s Waaree Group, has signed a non-binding memorandum of understanding (MoU) with Vietnam’s Viet Khanh Joint Stock Company for developing a 100 MWp solar power project. The project has been awarded to Waaree RTL on a turnkey basis by an international entity, Waaree said […]

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Assam Targets 1.9 GW Rooftop Solar by 2030, Up From 60 MW Now

Assam, one of India’s most climate-vulnerable states, is showing intent to scale rooftop solar (RTS) energy, but still faces hurdles in tapping its full potential. According to officials, the state currently generates only 60 MW of RTS power, against a technical potential estimated between 7,321 MW and 13,428 MW. Speaking at an official briefing on […]

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Rajasthan: NVVN Awards Lowest Bid For 500MW/1GWh BESS At Rs 2.16L/MW/Month

NTPC’s subsidiary, NVVN, has awarded a 500 MW/1,000 MWh battery energy storage system (BESS) tender to five developers, including Solar91 – Energizing India, Rays Power Experts Ltd, Rajasthan-based Stockwell Solar, TrueRE – Oriana Power, and new entrant INOX Renewable Solutions Limited. The BESS would be developed to the requirements of Rajasthan Urja Vikas (RUVITL/ Buying […]

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CERC Approves Tariffs for 1.2 GW Wind Solar Projects by NTPC

The Central Electricity Regulatory Commission (CERC) has approved the tariffs discovered through competitive bidding for 1,200 MW of Inter-State Transmission System (ISTS)-connected wind-solar hybrid power projects. The petition, filed by NTPC Limited under Section 63 of the Electricity Act, 2003, marks another major step in India’s clean energy push. Bidding Process and Tariff Discovery NTPC […]

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Green Stocks June 20: Stocks Lead Market Surge

As predicted, a turn in market direction saw our green energy pack lead the charge, as most stocks beat market gains today. Waaree Energies, beaten down to sub 2700 levels yesterday, roared back above 2900 with a strong show today, as its subsidiary Indosolar got relisted, and looks set to climb a fair way before […]

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Suzlon Gets 170.1 MW Repeat Order From AMPIN, Total Order Hits 303 MW

Suzlon Group and AMPIN Energy Transition have come together once again for their third successive order from AMPIN for a 170.1 MW project to be developed in Kurnool, Andhra Pradesh. The latest order brought the total orders from AMPIN Energy to  303 MW. As per the order, Suzlon will supply  54  of its advanced S144 […]

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Green Stocks June 19: Stocks Face Brunt Of Uncertainty

You would be forgiven for thinking green stocks have had an unusually poor day vis-à-vis the key indices. But on a day of strong dichotomy between the Nifty and the broader small cap and mid-cap indices, green energy stocks suffered massively. Be it developers, EPC firms or solar manufacturers, none was spared by an unforgiving […]

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