ACME Solar’s 250 MW renewable energy project secures “ICRA AA-/Stable” rating upgrade
The rating applies to ACME Aklera Power Technology’s 250 MW renewable energy capacity in Rajasthan for its INR 1,072 crore term loan facility from Bank of America, Standard Chartered Bank and India Infradebt Limited.
Tata Power’s 4.8 GW solar cell capacity included in MNRE’s ALMM List
With the addition of Tata Power’s 4.8 GW capacity, the total ALMM-enlisted solar cell capacity has increased to 17.8 GW, up from 13 GW.
India expected to add over 45 GW of solar capacity in FY 2026: SBICAPS
India installed 18 GW of solar power capacity in the first five months of FY 2026 and is on track to add over 45 GW during the fiscal year, according to a new report by SBICAPS.
Inox Solar commissions first phase of its 3 GW solar module factory
Inox Solar has commenced production from the first 1.2 GW phase of its planned 3 GW solar module manufacturing facility in Gujarat.
Carbon as collateral: The next big idea in consumer lending for green assets
Carbon as collateral represents a practical financial innovation that can influence the pace of sustainable adoption in India. It assigns clear monetary value to environmental benefit and integrates this into consumer lending models. With appropriate regulatory backing and reliable accounting systems, the idea holds potential to expand credit availability, reduce cost barriers and support national climate commitments while creating long term economic opportunities.
ACME Solar secures INR 1,100 crore from SBI to refinance 300 MW project in Rajasthan
ACME Solar Holdings Ltd has secured domestic funding of INR 1,100 crore from the State Bank of India (SBI) to refinance its 300 MW renewable energy project in Rajasthan.
Brookfield, Solarvest partner on 1.5 GW of solar-plus-storage in Malaysia
The two parties have signed a joint investment framework agreement to develop, construct and operate 1.5 GW worth of solar-plus-storage projects in Malaysia over the next three to five years.
ReNew reduces solar module, cell prices following GST cut
ReNew Energy Global Plc (ReNew) has announced price reduction in its solar modules and cells, following the Government of India’s landmark decision to lower goods and services tax (GST) on renewable energy equipment from 12% to 5%, effective September 22, 2025.
Why smart metering is the unsung hero of India’s solar push
At their core, smart meters are data engines. They provide utilities with visibility into how, when and where electricity is consumed. That granular knowledge allows grid operators to forecast demand more accurately, balance loads and absorb greater volumes of variable solar generation. Without it, the grid risks becoming brittle, prone to blackouts when clouds pass over solar farms or demand surges unexpectedly.
Gautam Solar unveils 630 Wp TOPCon module for utility-scale solar projects
Gautam Solar has unveiled its 630Wp R-Series TOPCon solar modules for utility-scale PV projects. The new modules are ALMM and BIS approved, ensuring compliance for government projects and large-scale tenders, while meeting the highest industry standards.
