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Rajasthan: NVVN Awards Lowest Bid For 500MW/1GWh BESS At Rs 2.16L/MW/Month

NTPC’s subsidiary, NVVN, has awarded a 500 MW/1,000 MWh battery energy storage system (BESS) tender to five developers, including Solar91 – Energizing India, Rays Power Experts Ltd, Rajasthan-based Stockwell Solar, TrueRE – Oriana Power, and new entrant INOX Renewable Solutions Limited. The BESS would be developed to the requirements of Rajasthan Urja Vikas (RUVITL/ Buying […]

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Waaree Not Moving Out of Odisha, It’s A Strategic Realignment: CEO

In the wake of the company’s recent statement of changes in its original solar manufacturing plan, the top management of Waaree Energies has denied complete withdrawal of the firm from its projects in Odisha. The top management of the firm told Saur Energy the exercise was a “realignment to multiple geographies” to expedite their plan […]

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India Logged World’s 3rd-Highest Power Generation Growth, Finds IEA

The International Energy Agency (IEA) latest report showed that India has seen the third-largest growth in power generation capacity in the world after China and the United States (US) over the past five years. IEA report explained, “While growth in power generation has come from all sources, there has been a surge in investment in […]

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Green Stocks June 20: Stocks Lead Market Surge

As predicted, a turn in market direction saw our green energy pack lead the charge, as most stocks beat market gains today. Waaree Energies, beaten down to sub 2700 levels yesterday, roared back above 2900 with a strong show today, as its subsidiary Indosolar got relisted, and looks set to climb a fair way before […]

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India Attracted $2.4 Bn For Clean Power Projects In 2024: IEA

India recently saw a rise in electricity demand, driven by several factors, including increases in commercial and residential space, a surge in ownership of air conditioners and appliances, and rising demand from industry, according to the International Energy Agency (IEA) “World Investment Report” report. While growth in power generation has come from all sources, there […]

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Suzlon Gets 170.1 MW Repeat Order From AMPIN, Total Order Hits 303 MW

Suzlon Group and AMPIN Energy Transition have come together once again for their third successive order from AMPIN for a 170.1 MW project to be developed in Kurnool, Andhra Pradesh. The latest order brought the total orders from AMPIN Energy to  303 MW. As per the order, Suzlon will supply  54  of its advanced S144 […]

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Green Stocks June 19: Stocks Face Brunt Of Uncertainty

You would be forgiven for thinking green stocks have had an unusually poor day vis-à-vis the key indices. But on a day of strong dichotomy between the Nifty and the broader small cap and mid-cap indices, green energy stocks suffered massively. Be it developers, EPC firms or solar manufacturers, none was spared by an unforgiving […]

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GERC Grants Cleanmax 465-Day Extension For RE Project

The Gujarat Electricity Regulatory Commission (GERC) has granted Cleanmax Vayu Pvt. Ltd. a 465-day extension to commission the evacuation infrastructure for its 100 MW renewable energy project in Jamnagar, citing delays outside the developer’s control. The Mumbai-based company is building the plant in Devpur Ranuja, Kharedi, and Mudila villages of Kalavad Taluka under a captive […]

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MSEDCL At Wrong End Of MERC Orders Again, Now Over Delay In Net Billing

MSEDCL or Mahavitaran, the key discom entity in Maharashtra outside Mumbai, has regularly been in the news for issues related to its tardy handling of renewable project related matters. Or efforts to slow down renewable adoption even in many cases by making it less attractive. In the latest instance of drawing regulatory censure for its […]

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