SUBSCRIBE NEWS LETTER

solar project

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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Will Gensol Be Able To Drive Out of Latest Crisis?

A downgrade by ratings agency ICRA has sent the Gensol Engineering stock on a tailspin, with the stock falling over 40% in the past four days. What’s behind Gensol Engineering’s massive stock crash? ICRA rating downgrade, governance concerns, and more Gensol Engineering, an Ahmedabad-based company engaged in solar EPC and EV leasing, had been a well […]

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Solidus Techno Power Appoints Shiva Kumar Ram As Director Of Operations

Punjab-based Solidus Techno Power Pvt. Ltd. has appointed Shiva Kumar Ram as its Director of Operations. Ram comes with a career spanning over three decades in power generation, renewable energy, and strategic project execution, Ram is set to elevate Solidus Techno Power’s operations. Solidus has been on an accelerated growth streak in the past year, […]

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PM-KUSUM: Shakti Pumps Bags ₹23.91Cr. Work Order From MEDA

Madhya Pradesh-based solar pump and motor manufacturer Shakti Pumps (India) Limited recently received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA). The company secured the award under Component B of the PM-KUSUM scheme to set up 877 Solar Photovoltaic Water Pumping Systems (SPWPS) at various locations across Maharashtra. The work order […]

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Hindustan Power, Tata & Adani Commit Investments In Assam’s Power Sector

Marking a major step in Assam’s renewable energy sector, companies like Adani Group, Tata Power, and Oriana Power have announced investments in the state for the coming year. For instance, Ratul Puri’s Hindustan Power has signed a Memorandum of Understanding (MoU) with the Assam government to invest ₹620 crore in battery energy storage projects. The […]

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ReNew, Enfinity, Serentica Among Winners of SJVN’s FDRE tender

SJVN has announced the winners of its 1.2 GW Firm and Dispatchable Energy (FDRE) tender. As per the tender announcement, SJVN awarded the bids to ReNew Solar Power, EG Energy Development (Enfinity Global), Dineshchandra R Agrawal Infracon, Serentica Renewables India, and Tata Power Renewable Energy to develop 1,200 MW ISTS-connected projects for firm and dispatchable […]

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FIMER Proudly Backs India’s Limitless Spiritual Energy

With almost 65 crore(650 million)  people taking a dip at the holy sangam in Prayagraj by the last day on Feb 26, the  World knows about the immense event that is the Kumbh in India. While the Kumbh is undoubtedly the biggest human spectacle of this year, India’s spiritual fabric had been strengthened further a […]

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Green Stocks Feb 25: Choppy Waters Still For Green Stocks

As India’s leading stock market index struggled to find a bottom, there was no such luck for the mid-cap and small-cap indices, which continued to lose ground. That meant most green energy stocks followed suit, with just a little value buying perhaps among the solar manufacturers, WAAREE Energies and Premier Energies. Interestingly, both the wind […]

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India Proposed Renewable Energy Financing Obligation (REFO)

The Ministry of New and Renewable Energy (MNRE) has now proposed a new intervention to boost the flow of financing to the renewable energy sector in the country. This comes as the demand for faster deployment of renewable energy becomes significant keeping in light India’s target of 500 GW of non-fossil fuel in 2030. Union […]

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