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India

SJVN allocates 1.2 GW wind-solar hybrid capacity at $0.038/kWh

Datta Infra, EG Energy (Enfinity Global), Gentari Renewables, Juniper Green, and Sunsure Energy have emerged winners in SJVN’s auction for 1.2 GW of wind-solar hybrid capacity.

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Waaree Renewable Technologies posts its highest-ever quarterly revenue at INR 524.47 crore

Waaree Renewable Technologies, the solar EPC arm of Waaree Group, has reported a revenue of INR 524.47 crore and net profit (profit after tax) of INR 53.52 crore for the second quarter ended on Sept. 30, 2024  (Q2 FY 2025).

Rajesh Power Services plans to raise around INR 150-160 crore through IPO

The Gujarat-based EPC service provider for the power sector intends to utilise part of the net proceeds for in-house development of technical expertise in the production of green hydrogen and associated equipment such as electrolysers.

India added 12.8 GW of solar capacity in H1 2024, says Mercom

India installed 12.8 GW of new solar capacity in the Jan-June period of 2024. This included 11.7 GW from large-scale solar projects (including 3.7 GW of off-site C&I projects) and more than 1.1 GW rooftop PV.

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K.P. Energy to build 1 GW of solar, hybrid projects

K.P. Energy will install and commission 728.7 of wind-solar hybrid and 275 MW of solar projects.

Rajasthan, Gujarat need policy interventions to sustain leadership in renewable energy deployment: IEEFA

A new briefing note by the Institute for Energy Economics and Financial Analysis (IEEFA) recommends lower incremental green tariffs, dedicated infrastructure funds, green budgeting, scaling up distributed renewable energy and advancing grid modernisation and energy storage to cement Gujarat and Rajasthan’s leadership in renewable energy deployment.

India re-elected as president of International Solar Alliance

The seventh session of the International Solar Alliance (ISA) Assembly has elected India as President and France as co-president for a period of two years from 2024 to 2026.

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ACME Solar IPO to open on Wednesday

Acme Solar Holdings has fixed the price band for its public issue at INR 275 to INR 289 per equity share.

The Hydrogen Stream: NTPC to produce green hydrogen from municipal solid waste, agri-waste using plasma-based oxy gasification technology

The demonstration plant will produce about 1 tonne of green hydrogen per day by gasifying about 25 tonnes of municipal solid waste or agri-waste per day.

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India requires $6.5 billion to achieve apparel sector’s 2030 emission reduction target through renewables and energy efficiency

A new report by Apparel Impact Institute and Development Finance International Inc. says India needs $6.5 billion in financing to reduce its textile and apparel industry’s emissions by 45% by 2030 through renewable energy and energy efficiency interventions. While around $2.5 billion is available, there is still a $4 billion financing gap in India.

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