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solar power projects

NTPC Secures Highest VGF Support For CPSU Scheme

NTPC has emerged as the largest beneficiary of the central government grant under the Central Public Sector Undertaking (CPSU) Scheme  Phase-II (Government Producer Scheme). Latest data shared by the government before the Rajya Sabha revealed the levels of allocations given to different CPSUs.  The government aids these CPSUs for setting up grid-connected Solar Photovoltaic (PV) […]

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OREDA Issues Tender, Seeking EPC Contractors For PM-KUSUM

Odisha Renewable Energy Development Agency (OREDA) has issued a tender seeking EPC contractors to take up solarisation works under PM-KUSUM scheme. As per the mandate, the state nodal agency is seeking companies who can take up the works under the Component-A of the central government scheme. The OREDA tender said that the contractors need to […]

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Fraunhofer ISE Flags ‘Overstatement’ Of Output Claims By Module Manufacturers

A research team from the Fraunhofer Institute for Solar Energy Systems ISE has evaluated over 70,000 power measurements on photovoltaic modules that have been carried out in the institute’s calibration laboratory, CalLab PV Modules, since 2012. In the process, the researchers found that since around 2017, the negative discrepancy between the performance data of the […]

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SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr

Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules.  Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […]

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AmpereHour Energy Secures $5mn In Series A Funding

Pune-based energy storage solutions company AmpereHour has now bagged a fresh funding of $ 5 million USD in a series A funding. The funding round was led by Avaana Capital. UC Impower and some existing angel investors also participated in the round. AmpereHour Energy is a provider of full-stack energy storage solutions, which is seeking […]

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KPI Green Energy Appoints Surinder Kumar Negi As New COO

Gujarat-based KPI Green Energy has appointed Surinder Kumar Negi as its new Chief Operating Officer (COO). Negi brings over four decades of experience in the power transmission, renewable energy, and infrastructure development sectors. He has previously held leadership roles at NTPC, POWERGRID, ALSTOM, Reliance Energy, Gujarat Energy Transmission Corporation (GETCO), and Skipperseil Ltd.  As Managing Director of […]

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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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Madhya Pradesh Issues PHS Policy To Add 12 GW Of 4-Hour ESS

Madhya Pradesh requires 29,956 MW of solar and 5,293 MW of wind capacity by 2034-35 to meet its energy demand. Under the CEA’s resource adequacy plan for Madhya Pradesh, it projects a 5.36% compound annual growth rate (CAGR) in energy capacity from 2024-25 to 2034-35 to meet state power needs. Madhya Pradesh’s recent scheme for […]

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Green Stocks March 10: Monday Blues For Green Stocks

After the somewhat hesitant recovery of sorts we saw in some stocks last week, it was back to the slide again, as green energy stocks followed market directions to a T. From Gensol, (Down 5%)to KPI Green (Down over 4%) to Premier Energies and Waaree Energies, all suffered significant losses as the market mood remained […]

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