How IPPs are revolutionizing India’s energy market
Independent power producers have captured a significant share of India’s clean energy capital, with projects often backed by substantial financing from institutions like the Indian Renewable Energy Development Agency (IREDA). Additionally, these have the ability to raise money in a cautious global market because of their capacity to lock up bankable power purchase agreements (PPAs), which provides financial predictability.
Navigating the ripple effects of renewable energy variability on grid stability
integrating variable renewable energy sources into conventional power systems requires a delicate balance of technology, operational excellence, and regulatory compliance. While AI and ML have become indispensable tools in the modern energy toolkit, they are most effective when paired with on-ground human insight and proactive asset management.
Avaada Group to invest INR 5,000 crore in 1 GW of renewable energy projects in Bihar
Avaada Group has signed a memorandum of understanding with the government of Bihar to invest INR 5,000 crore for developing 1 GW of solar and battery energy storage projects in Bihar.
NHPC tenders 1.2 GW solar in Uttar Pradesh
NHPC Ltd, on behalf of Bundelkhand Saur Urja Ltd (BSUL), has launched a tender to select developers for setting up 1.2 GW solar power plants (4×300 MW) in Jalaun Solar Power Park of Uttar Pradesh.
India could cut electricity costs to $50/MWh by 2050 with a fully wind and solar-based power system, says ETC report
India could achieve clean power system at a cost (including generation, balancing, and grid infrastructure) of around $50/MWh by 2050—significantly below current fossil fuel-driven wholesale prices—by shifting to a fully wind and solar-based electricity system requiring primarily day-night balancing.
Dual PV module cooling tech based on water, air
Scientists in Hungary have built an experimental rig that uses a 60 W polycrystalline solar panel with 152 holes drilled into its frame for air cooling, as well as high-conductivity copper alloy pipes and fins placed on its back for water cooling.
Adani Green Energy consolidated profit up 31% YoY to INR 824 crore
Adani Green Energy Ltd (AGEL) has reported a consolidated net profit of INR 824 crore for the first quarter of FY 2025-26, up 31% year-on-year (YoY) from INR 629 crore in Q1 FY 2025.
Acme Solar posts INR 131 crore profit for Q1 FY2026
Acme Solar has reported a net profit of INR 131 crore for the first quarter of FY2025-26, a stellar increase of 9,319% YoY.
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.
