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wind energy

Rajasthan: ACME Solar Completes 300MW Sikar Solar Project

ACME Solar Holdings Ltd has fully commissioned its 300 megawatt (MW) Sikar Solar project in the Indian state of Rajasthan, the company said on Tuesday, after bringing the final 60 MW online. The project, spread over around 1,300 acres in Bikaner—an area with some of the highest solar irradiation levels in India—is expected to generate […]

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Prozeal Green To Provide Hybrid Green Power To GIFT City

The Gujarat Electricity Regulatory Commission (GERC) has approved a 25-year power purchase agreement (PPA) between GIFT Power Company Ltd (GIFT PCL) and Prozeal Green Energy Ltd for the supply of 9.90 megawatts (MW) of hybrid renewable energy at a fixed tariff of ₹3.70 per unit. The long-term deal is aimed at ensuring reliable and cost-effective […]

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Refund Excess Open Access Charges to Serum Institute: MERC

The Maharashtra Electricity Regulatory Commission (MERC) has directed the state power utility to refund over Rs. 7.7 million in excess wheeling and transmission charges to Serum Institute of India Pvt. Ltd. (SIIPL), in a ruling that may benefit other open-access consumers. The refund, covering the period from September 2021 to May 2023, must include interest […]

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ACME Gets INR 1,072 Cr Funding Boost for 250 MW Solar Project

ACME Solar Holdings has secured a refinancing facility of INR 1,072 crore for its 250 MW operational solar project in Aklera, Rajasthan, through its wholly owned subsidiary, ACME Aklera Power Technology Pvt Ltd. The debt facility, arranged by a consortium led by Bank of America and Standard Chartered Bank, is intended to refinance existing borrowings […]

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MNRE Launches ₹2.3 Cr Challenge for RT Solar Innovation

The Ministry of New and Renewable Energy (MNRE) has launched a first-of-its-kind national innovation competition, Innovative Projects Start-Up Challenge, with a prize pool of INR 2.3 crore to drive innovation in rooftop solar and distributed renewable energy systems across India. The announcement was made during the National Conference on Skill Development for the Renewable Energy […]

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India’s State Dynamics and Solar- Watch Out For Maharashtra, Gujarat

When the talks are about solar energy, India is a leader, one of the global majors, in new energy capacity addition. Thanks to aggressive solar policies of the country that is also a major coal-dependent market, it propelled itself toward clean and renewable power. However, just like any other country, the solar adoption was different […]

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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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ENGIE Pilots 375 MW Solar Recycling Project With SOLARCYCLE

ENGIE North America (ENGIE) will pilot a new precycling provision to incorporate solar panel and project component recycling into initial agreements at four projects. The approach was developed in cooperation with SOLARCYCLE, a technology-based solar panel recycler. This collaboration is a part of the move towards bringing full circularity. The agreements ensure that around one […]

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