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SECI and HPPC Sign PSA for 590 MW of Wind Power

SECI announces an agreement with HPPC for sourcing 590 MW of wind power. The Haryana Power Purchase Centre (HPPC) has announced the signing of a Power Sale Agreement (PSA) with the Solar Energy Corporation of India (SECI) for procuring 590 MW of wind energy. The country’s nodal agency for renewables announced via a tweet. PSA […]

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Investonomics on Indian Sun is Hot!

Today, solar power is not merely a power demand catalyst rather this sector preaches colossal economics in the world affairs. Clouds around solar sector have dynamically revolved as murmurs of its transient nature of solar power are eluded. Solar and wind projects in the country would attract USD 20 billion investment each year from next […]

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5 Challenges For India’s 500 GW Clean Energy Target

India’s aim to achieve 500 GW of non-fossil fuel-based clean energy capacity target by 2030 may be one of the most ambitious goals for the decade across the globe. Yet, the probability of this happening may be bleak considering the factors adversely affecting the new capacity additions – comparatively sluggish progress, regulatory challenges, uncertainty in […]

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Tata Power Issues Tender for 250 MW FDRE

After a lull in FDRE (Firm and Dispatchable Renewable Energy) issuances, Tata Power has announced a 250 MW capacity FDRE tender. The tender seeks 4 hours of power availability during peak hours defined between 1700-2400 hours. The deadline for submissions is June 4, 2025. The tender specifies the flexibility to use wind, solar and ESS […]

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WattPower Reports 100% Growth In Revenue On YoY

Renewable energy company WattPower reported a 100 percent year-on-year growth in revenue between 2023 and 2024. The strong growth consolidates WattPower’s position as a key player in India’s Smart PV solutions sector, with expertise in solar inverter manufacturing and hybrid energy systems, the company said. Major green clients  The company counts major Indian clean energy […]

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Q1 2025: ESS Accounts For 64% Utility-Scale Tendering Activity 

India’s Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The report finds that various Indian […]

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Maharashtra Steps On Accelerator For 7000 MW Green Feeder

Maharashtra Chief Minister Devendra Fadnavis chaired a review meeting on the ‘Mukhyamantri Saur Krishi Vahini Yojana 2.0’. He also launched the ‘Mukhyamantri Saur Krishi Vahini Yojana 2.0 Project Management Portal.’ The scheme aims to generate 7,000 MW of solar energy to provide daytime electricity to farmers. The scheme was envisaged as a self paying scheme […]

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European RE PPA Market Adds 19 GW New Capacity In 2024

The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report.  The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]

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Bigger & Faster – South India’s Renewable Comeback

South India, which heralded some of the earliest large-scale solar and wind projects in the country, is now further expanding its clean energy footprint. Again, one could say that some of India’s most notable renewable achievements came from the region before 2020. From the then-largest solar plant at Kamuthi in Tamil Nadu with a 648 […]

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