Uma Gupta
IH2A proposes hydrogen purchase obligations for refinery, ammonia plants
The India Hydrogen Alliance (IH2A) has proposed that the government consider introducing a 10% hydrogen purchase obligation (HPO) for existing refineries and ammonia plants, and a 100% HPO for new plants by 2030.
Husk launches residential rooftop solar service ‘BEEM’
Husk Power Systems has launched a dedicated residential rooftop solar service called BEEM, aimed at making the transition to solar energy simple, fast, and affordable for homeowners across India. The service offers a one-stop solution for residential solar photovoltaic (PV) systems.
CIL, AM Green enter 4.5 GW renewable power pact
Coal India Ltd (CIL) will develop 2.5–3 GW of solar power capacity and 1.5–2 GW of wind power to supply renewable energy to AM Green’s upcoming green ammonia production facilities.
REC posts highest-ever annual profit of INR 15,713 crore
REC Ltd, a non-banking finance company focused on the power sector, has reported a record net profit of INR 15,713 crore for FY 2024-25, marking a 12% increase from INR 14,019 crore in FY 2023-24. Total income rose by 19% year-on-year to INR 55,980 crore.
GameChange Solar surpasses 3.6 GW of tracker projects across MENA, Central Asia
GameChange Solar has surpassed 3.6 GW of tracker projects—installed and under deployment—across Middle East & North Africa (MENA) and Central Asia.
Cleantech Solar switches on 80 MWp of open-access PV projects in Tamil Nadu
Cleantech Solar has commissioned 80 MWp of open-access PV projects at its 275 MWp solar park in Tamil Nadu, catering to industrial offtakers.
NTPC to launch INR 4,000 crore NCD issue this week
NTPC has decided to raise INR 4,000 crore through the issuance of unsecured, non-convertible debentures on a private placement basis on May 9.
India to reach 160 GW of solar module capacity, 120 GW of cells by 2030
A new report by SolarPower Europe, with India-specific projections contributed by the National Solar Energy Federation of India (NSEFI), projects India’s solar module manufacturing capacity to increase significantly from 80 GW in 2025 to 160 GW by 2030. Cell manufacturing capacity is projected to grow from 15 GW to 120 GW.
Reliance Power allots 10.55 crore shares aggregating INR 348.15 crore upon warrant conversion
Reliance Power said the capital infusion will strengthen its growth trajectory in the renewable energy sector.
Solex Energy secures 310 MW solar module order from KPI Green
Solex Energy Ltd will supply 310 MW of n-type TOPCon 615 Wp glass-to-glass (G12R) solar PV modules to KPI Green Energy’s projects for Gujarat Urja Vikas Nigam Ltd.
