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Rajasthan: ACME Solar Completes 300MW Sikar Solar Project

ACME Solar Holdings Ltd has fully commissioned its 300 megawatt (MW) Sikar Solar project in the Indian state of Rajasthan, the company said on Tuesday, after bringing the final 60 MW online. The project, spread over around 1,300 acres in Bikaner—an area with some of the highest solar irradiation levels in India—is expected to generate […]

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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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India’s State Dynamics and Solar- Watch Out For Maharashtra, Gujarat

When the talks are about solar energy, India is a leader, one of the global majors, in new energy capacity addition. Thanks to aggressive solar policies of the country that is also a major coal-dependent market, it propelled itself toward clean and renewable power. However, just like any other country, the solar adoption was different […]

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Nexwell Acquires 248 MWp Solar Assets from Q Energy

Nexwell Power, a Renewable energy investment platform, has acquired a 248 MWp solar portfolio from Q Energy, a spanish energy service provider and an affiliate of Berlin- based Hanwha Group. The portfolio includes a total of seven solar plants across Andalusia and Aragon, the regions in Spain. Out of these seven, four are under construction […]

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Bhubaneswar: TPREL Ropes In EMI Options To Boost Rooftop Solar

Tata Power Renewable Energy Limited (TPREL), a wholly-owned subsidiary of Tata Power, has now brought forth EMI options to boost the adoption of rooftop solar in the state capital of Odisha. Tata Power has an added advantage in the state as the electricity distribution is managed by the subsidiaries of Tata Power in the state, […]

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J&K: NHPC Floats Tender for Rooftop Solar Projects

NHPC Limited, on behalf of its subsidiary NHPC Renewable Energy Limited (NHPC REL), has issued a tender to select developers for installing rooftop solar plants on buildings of various departments in Jammu & Kashmir through JAKEDA in RESCO mode. The various buildings being targeted for rooftop solar installations are housed in the departments of Law […]

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US Senate Bill Seeks to End Solar and Wind Tax Credits by 2028

In a major policy shift, a US Senate panel has proposed a full phase-out of federal tax credits for solar and wind energy by 2028, while extending similar incentives for nuclear, hydropower, and geothermal projects through 2036. While widely anticipated, the move still underscores the blind kowtowing to President Trump in the Republican party, a […]

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Egypt: AfDB Commits $184.1 Mn For Solar & BESS Project

African Development Bank Group’s board of directors approved a financing package of up to $184.1 million to support the development of the Obelisk 1-GW solar photovoltaic project and 200MWh battery energy storage system (BESS) in Egypt. This is expected to be Africa’s one of the largest solar power plants. Located in Qena Governorate in southern […]

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Solarium To Re-Enter Manufacturing Biz With 1 GW Capacity

Solarium Green Energy Ltd, a rooftop solar company in India, said on Tuesday it plans to re-enter solar module manufacturing with a 1 gigawatt (GW) production facility in Ahmedabad, Gujarat. This comes months after the listing of the firm on the Indian stock exchange. The firm entered the stock exchange on February 13 this year. […]

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