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Sunsure Energy’s Contrarian Approach Pays Of

Gurugram-based Sunsure Energy has made a virtue of what to many will appear to be a contrarian approach to business as a solar EPC and now, a developer (IPP). Founded in 2014 by Shashank Sharma (CEO),  Sunsure Energy has 500 MW of assets under operation, 2.5 GW of renewable energy capacity under construction, and a […]

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Zelestra Closes €132 Mn Financing For Its Gorbea Solar Plant In India

Spanish renewable energy firm Zelestra, has closed a €132 million (INR 1472 crores)  project financing package for its Gorbea solar photovoltaic plant in India. The financing was signed with HSBC, Credit Agricole, MUFG, and Bank of America. The facility, denominated in Indian Rupees (INR), is designated as green financing under Zelestra’s Green Financing Framework, aligning […]

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Kerala Plans To Use BESS At Trivandrum Hospital On Pilot Basis

The Kerala government has decided to use solar power and battery energy storage systems in a pilot project. As per the plan, the Agency for New and Renewable Energy Research & Technology (ANERT) will execute the project in a Trivandrum Hospital. This pilot project will be executed under the Smart City Programme for Thiruvananthapuram. The […]

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NHPC Issues Tender For 1.2 GW Solar Project With ESS

NHPC Limited has now issued a tender seeking solar power generators for setting up of 1.2 GW solar power projects with 600MW/1200MWh energy storage system (ESS) anywhere in India. The company said that this project will be setup under an Inter-State Transmission System (ISTS) transmission network. It also said that the bidders will get a […]

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GK Energy Gears Up for The Solar Pump Boom

For Gopal Kabra, founder of the solar pump driven GK Energy, the move into the renewable energy business started with solar water heaters in 2006. Hailing from a business family in Nanded Maharashtra, Kabra completed his education in Pune. Right from the start, he was clear about running his own business. It has been a […]

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NVVN Issues EPC Tender For Developing Rooftop Solar Projects

NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of the NTPC has now issued a tender seeking EPC players to develop rooftop solar projects of the company. NVVN, has planned to develop several rooftop solar projects across India on government and private buildings. The tender mandated developing these projects and also taking care of Operations […]

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World Is On Track To Add 593 GW Solar Power By 2024: EMBER

The world this year saw a strong increase in solar energy installation which is now estimated to install 593 GW of solar panels by the end of this year i.e., in 2024, according to the latest report by EMBER. A recent report by the research organization found that at the current rate of installation, solar […]

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Maharashtra To Solarise 272 Govt Schools, Issues Tender

The Maharashtra government has now planned to solarise 272 Zila Parisad schools in the state. The Maharashtra Energy Development Agency (MEDA) has issued a tender in this regard. Under the plan, the state nodal agency has planned smaller grid-connected rooftop solar projects of 2kW each at these schools. The tender said that with a total […]

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NTPC Green Energy plans $1.2 billion IPO

State-owned NTPC’s green arm, NTPC Green Energy, has filed draft papers for an initial public offering (IPO) to raise about $1.2 billion (about ₹10,000 crore). NTPC Green Energy, floated in 2021, was set up with the express purpose of a dedicated approach to green energy capacity creation for NTPC, which has a target of 60 […]

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