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Chemplast, JSW Enter PPA To Build 84.9 MW Hybrid Project In TN

Tamil Nadu-based manufacturer of speciality chemicals Chemplast Sanmar and its wholly owned subsidiary (WOS), Chemplast Cuddalore Vinyls Limited (CCVL), have entered into a Power Purchase Agreement (PPA) with JSW Green Energy Nine Limited. As per the terms of the agreement, the companies have agreed to execute a Share Subscription and Shareholders’ Agreement with JSW Neo […]

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Adani Green Raises $1.06 Billion To Refinance Rajasthan Hybrid Project

Adani Green Energy Ltd (AGEL) has successfully refinanced its maiden construction facility, a $1.06 billion loan taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan. The long-term financing raised for this refinancing has a door-to-door tenure of 19 years with a fully amortized debt structure that aligns with the asset’s lifecycle. […]

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L&T Bags Power Transmission & Distribution Order In Uttar Pradesh

The Power Transmission & Distribution (PT&D) division of Larsen & Toubro (L&T) has secured new orders both in India and internationally. In India, it has been awarded a contract to implement 765kV and 400kV transmission line segments associated with a Renewable Energy Zone in Uttar Pradesh (UP). Before this, the company won an order for […]

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Bisleri Turns To Schneider Electric To Green Up

Mumbai based purified water firm Bisleri International Pvt. Ltd. has partnered with Schneider Electric’s Sustainability Business to enhance energy efficiency and expand the use of renewable energy. This initiative is a key step under ‘Bisleri’s Greener Promise’, reinforcing the company’s commitment to a sustainable future. As part of the partnership, up to 13.6 MW of solar power will […]

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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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Green Stocks Feb 28: High Fliers Continue To Be Pulled Down

Even as markets continued to haemorrhage through new ‘bottoms’ every week, this one has been a particularly tough week for our green pack too. All stocks falling on any day is no longer the rarity it was just a month ago, and today was no exception. Reliance backed Sterling and Wilson Renewable  and Waaree Renewable […]

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Low Tariffs, Land Issues Limit Wind Auctions to 5.2 GW in FY23-25: CRISIL

India’s annual wind power capacity addition will more than double to 7.1 GW on average in the next two fiscal years, compared with 3.4 GW in fiscal 2023-25. This can take the installed wind capacity up to ~63 GW by fiscal 2027, according to CRISIL research. However, capacity additions over fiscal years 2023-25 continued to […]

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Fronius Launches ‘Reserva’, Its Battery Storage System

Austrian solar energy firm Fronius, known mostly for its solar inverters until now,  has launched the  Fronius Reserva. The Reserva is Fronius’s own battery to go woth inverters and use in solar systems, for a range between 6.3 and 15.8kWh. “We believe in a future in which renewable energies cover 100 percent of the world’s […]

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Green Stocks Feb 27: No Respite As Slide Continues

The pressure on mid and small cos. was amply captured across most Green energy stocks, as most shed further points today. Acme Solar was the lone exception, and that too by not much. A visit from the taxman at their offices proved to be especially costly for Waaree Energies and Waaree Renewable Technologies, as both […]

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