SUBSCRIBE NEWS LETTER

wind projects

Suzlon acquires five solar companies to implement various renewable energy projects

Suzlon Energy Ltd on Tuesday announced that it has acquired five solar energy companies for an undisclosed sum to help implement various renewable energy projects across the country. The firm informed BSE in a regulatory filing that it has acquired Gale Solarfarms, Tornado Solarfarms, Abha Solarfarms, Aalok Solarfarms and Shreyas Solarfarms to implement various renewable […]

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Fortum announces to invest EUR 200–400 million in solar projects in India

Finnish utility firm Fortum on Tuesday announced to invest euros 200-400 million (Approx. Rs 15100-30200 crore) in solar power projects in India. Fortum in a statement said “the country offers one of the best solar resources and a sound government support for the development of the solar sector. The country provides a good platform for […]

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Hyderabad Based PURE Enters BESS Segment With Launch Of PuREPower Grid

PURE, a pioneer in energy storage products and leader in e-mobility 2W, has announced the launch of battery-based 5 MWh grid storage product, PuREPower Grid, in Delhi. PURE said that this innovative BESS product is poised to transform India’s energy infrastructure, empowering grid stability and accelerating the integration of renewable energy sources. PURE is set […]

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With Hit On 810 MW Offshore Project, RE Hopes In US Get Rude Shock

While there was little doubt about the antipathy of the incoming Trump administration to renewable energy, built around unsubstantiated allegations without basis in science or data, it has taken a proper brake on a key project to wake up renewable energy sector to the risks they face now. The project in question is an 810 […]

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European RE PPA Market Adds 19 GW New Capacity In 2024

The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report.  The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]

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Bigger & Faster – South India’s Renewable Comeback

South India, which heralded some of the earliest large-scale solar and wind projects in the country, is now further expanding its clean energy footprint. Again, one could say that some of India’s most notable renewable achievements came from the region before 2020. From the then-largest solar plant at Kamuthi in Tamil Nadu with a 648 […]

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TPREL Hits 10.9 GW Capacity With NTPC’s 200 MW FDRE Deal

Tata Power Renewable Energy Limited (TPREL), signed a Power Purchase Agreement (PPA) with NTPC Limited (NTPC), to develop a 200 MW Firm and Dispatchable Renewable Energy (FDRE) project. Tata Power Company subsidiary’s FDRE project is spread across multiple locations in India and is set to be completed within 24 months. This project is expected to […]

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What Led to the Surge in REC Purchases by DISCOMs?

Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […]

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CERC Adopts Renewable Project Tariffs Before Signing Of PSA

Continuing with its recent trend, the Central Electricity Regulatory Commission (CERC) in its two latest tariff order petitions has adopted the tariffs even before the signing of the Power Supply Agreements (PSAs) and Power Purchase Agreements (PPAs). The latest case was related to the tariff adoption of 170 MW of wind project tender floated by […]

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