Crisil assigns ‘AA-/Stable’ rating to INR 2,086 crore bank loan of Acme Solar
Acme Solar has secured ‘AA-/Stable’ rating for 600 MW of renewable energy projects in Rajasthan, backed with a total term loan facility of INR 2,086 crore.
SolarPower Europe predicts negative annual growth of EU’s solar market
SolarPower Europe’s mid-year market analysis is forecasting negative annual growth in 2025 for the first time in almost a decade. It is expecting 64.2 GW of solar to be added this year, compared to 65.1 GW last year.
JSW Energy secures 230 MW FDRE PPA with SECI
JSW Energy has also secured a 25-year power purchase agreement with Bangalore Electricity Supply Co. (BESCOM) for a 100 MW grid-connected solar project with a 100 MWh battery energy storage system.
The solar-plus-storage opportunity: How developers can lead India’s renewable transition
With solar plus battery storage systems emerging as the go-to solution for consistent, green, and economically viable power, the energy landscape is being reshaped. From industrial clusters to corporate campuses, the appetite for storage-backed solar installations is growing rapidly.
Solar myths and misconceptions put to sword
In a new monthly column for pv magazine, the International Solar Energy Society debunks old and new urban legends about solar energy.
Global average solar LCOE stood at $0.043/kWh in 2024, says IRENA
The International Renewable Energy Agency’s latest report finds little change in the global average levelized cost of electricity for utility-scale solar plants year-on-year, while the global average total installed cost of utility-scale solar projects fell by 11%.
India’s auto industry can cut emissions by 87% through green electricity, low-carbon steel: CEEW
India’s automobile industry can cut its manufacturing emissions by up to 87% by 2050 with a shift to 100% renewable energy, green steel, and partnerships with suppliers to cut emissions, finds a new study by the Council on Energy, Environment and Water (CEEW).
Vena Energy signs India’s first load-following renewable power purchase agreement with SECI
Vena Energy has signed a load-following 100 MW renewable power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI).
JK Srivastava Group, Hynfra join forces to build $4 billion green hydrogen and ammonia hub in Andhra Pradesh
JK Srivastava Hynfra has signed a memorandum of understanding with NREDCAP to develop a green hydrogen and ammonia hub with a capacity to produce up to 1 million tons of green ammonia annually, powered by 3 GW of solar and wind energy. Operations are expected to begin in early 2029.
Zelestra switches on 435 MW DC Gorbea solar plant in Rajasthan
Zelestra recently inaugurated its 435 MW DC Gorbea solar project in Rajasthan. The project benefits from a 25-year power purchase agreement with Solar Energy Corp. of India (SECI).
