Data & Statistics
Year: 2024
Policies and Programmes
PMSGMBY targets 1 million rooftop solar installations by March 2025
PM Surya Ghar: Muft Bijli Yojana (PMSGMBY) has achieved 630,000 rooftop installations, with average monthly installations upto to an average of 70,000 and is expected to install over 1 million by March 2025 and reach […]
Projects
Dynamic Services to develop 1.8 GW solar module facility in Maharashtra
Dynamic Services and Security Limited (DSSL) has received an order from the Maharashtra government to establish a 1,800 MW solar module manufacturing facility at MIDC Villebhagad, Tal-Mangaon, in Raigad district, Maharashtra. The company will invest […]
Projects
FICCI and MAHAPREIT ink MoU to promote clean energy in Maharashtra
The Federation of Indian Chambers of Commerce and Industry (FICCI) and Mahatma Phule Renewable Energy and Infrastructure Technology Limited (MAHAPREIT) have signed a MoU to advance renewable energy, decarbonisation, energy efficiency, and environmental compliance across […]
Projects
Refex Green Power establishes Refex Solar SPV Five Limited to develop 100 MW solar project
Refex Green Power, a subsidiary of Refex Renewables & Infrastructure, has established Refex Solar SPV Five Limited to develop a 100 MW solar power project awarded by NTPC Limited. Refex Solar SPV Five will serve […]
International News
JDR Cables secures contract for CVOW project
JDR Cable Systems, a subsidiary of the TFKable Group, has been awarded a contract by DEME Offshore to support Dominion Energy’s Coastal Virginia Offshore Wind (CVOW) project. The project will feature 176 wind turbines and […]
International News
Estonia to launch offshore wind auction
The Consumer Protection and Technical Regulatory Authority (CPTRA) of the Republic of Estonia has announced an electronic auction for the development of an offshore wind farm in the Saare 1 area, which spans 88 square […]
Trends
Clean Fuel: Key developments in the green hydrogen space
By Preeti Wadhwa India is emerging as a key player in the global green hydrogen economy, recognising hydrogen’s potential as a versatile and clean fuel essential for achieving decarbonisation targets. The Indian government considers green […]
Interviews
Interview with Dr Amit Paithankar: “We have made efforts in reverse integration”
Founded in 1990 and headquartered in Mumbai, Waaree Energies Limited has become the leading manufacturer of solar photovoltaic (PV) modules in India, with an aggregate installed capacity of over 13 GW across four facilities in […]
Projects
PSPCL invites bids for 1,000 MW FDRE projects
The Punjab State Power Corporation Limited (PSPCL) has invited bids to procure 1,000 MW of firm and dispatchable renewable energy (FDRE) on a demand-following basis. The deadline for bid submission is January 10, 2025. According […]
Financings
Glow secures $30 million to expand renewable energy projects in India
Solar energy startup Glow has secured $30 million in funding from Framework and Union Square Ventures to expand its renewable energy projects in India and globally. Founded in 2023, the company utilises blockchain technology to […]
Projects
Greenzo Energy and EODev to launch hydrogen fuel cell-powered generators in India
Greenzo Energy India Limited (GEIL) has partnered with France’s EODev (Energy Observer Developments) to introduce EODev’s hydrogen fuel cell power generator, the GEH2, in India and Nepal. The generators use Toyota’s hydrogen fuel cell technology, […]
Projects
Suzlon secures 302.4 MW wind project order in Karnataka
Suzlon and JSP Green Wind 1 Pvt. Limited, a subsidiary of Jindal Renewables, have joined forces for a 302.4 MW wind power project in the Koppal region of Karnataka which brings their total collaboration to […]
International News
TotalEnergies and AEW bag 300 MW solar project in Saudi Arabia
TotalEnergies and Aljomaih Energy & Water Company (AEW) have been awarded 300 MW Rabigh 2 solar project, under Saudi Arabia’s National Renewable Energy Program (NREP) Round 5. The consortium of these two companies signed a […]
International News
Amarenco secures €500 million multi-country debt financing
Amarenco has secured €500 million in international debt financing from a consortium of lenders, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg. The funds will be used to construct solar […]
Projects
Tata Power Renewable Energy commissions 431 MW DC solar project in Madhya Pradesh
Tata Power Renewable Energy Limited (TPREL) has commissioned a 431 MW DC solar project in Neemuch, Madhya Pradesh. The project spans over 1,635.63 acres and incorporates a combination of single-axis trackers and bi-facial modules, which […]
Projects
SECI invites bids for Rs 10 billion short-term working capital credit facility
The Solar Energy Corporation of India Limited (SECI) has invited quotations for a short-term working capital credit facility of up to Rs 10 billion to assist in making payments to renewable energy developers. SECI is […]
Projects
Damodar Valley Corporation issues tender for 234 MW floating solar projects
Damodar Valley Corporation (DVC) has invited bids for the commissioning of 234 MW of floating solar projects on the Maithon reservoir in Dhanbad, Jharkhand. The deadline for submitting bids is January 7, 2025. The minimum […]
Projects
Waaree Energies gets 524 MW solar module supply orders
Waaree Energies Limited has secured two solar module supply orders totaling 524 MW for the ongoing financial year 2024-25. The deliveries are planned to continue through the financial year 2025-26 as well. The two module […]
International News
Avangrid, PGE ink PPA for 120 MWac solar project in Oregon
Avangrid and Portland General Electric (PGE), have announced the signing of a power purchase agreement (PPA) for the development of Tower Solar, a 120 MWac under-construction solar project in Morrow County, Oregon, in collaboration with […]