Key highlights from the report “Returns Charge Ahead As Battery Prices Discharge” by SBI Capital Markets are: In May’25, power exchanges observed an unprecedented market bifurcation: spot prices for electricity during solar hours plummeted to […]
India’s non-hydro renewable energy sector has reached a remarkable milestone in 2024-25 with 172 GW of total installed renewable power capacity as of March 2025. According to the latest “Renewable Energy in India” report by […]
Tata Power Delhi Distribution Limited (TPDDL), a discom under Tata Power, has invited bids for the supply of 250 MW of firm and dispatchable renewable energy (FDRE) integrated with energy storage systems (ESS). The projects […]
India’s tariff-based competitive bidding (TBCB) framework for renewable energy projects has played a pivotal role in the country’s energy transition, providing industry players with a structured, market-driven mechanism to scale up clean energy deployment while […]
Evren, a renewable energy platform established by Brookfield in India, has signed a power purchase agreement (PPA) with NTPC Limited for the supply of 300 MW of firm and dispatchable renewable energy (FDRE). This agreement […]
BrightNight has signed a power purchase agreement (PPA) with NTPC Limited to supply 110 MW AC of firm and dispatchable renewable energy (FDRE). The agreement is part of NTPC’s 3,000 MW renewables-plus-storage tender. BrightNight secured […]
Serentica Renewables has signed a power purchase agreement (PPA) with NTPC Limited to supply 200 MW of firm and dispatchable renewable energy (FDRE) to Uttar Pradesh’s discoms. The agreement is structured to ensure availability of […]
By Nathsai Parashar, Manager, Project Development and WRA, and Kuljyoti Sharma, Assistant Manager, WRA, Acme Solar Holdings Limited India’s ambitious clean energy targets, including achieving 50 per cent electricity from non-fossil sources by 2030, have […]
New Delhi, 2nd March 2025, ACME Solar Holdings plans to invest Rs 17,000 crore to boost renewable energy capacity to 5 GigaWatts by 2027. “We intend to focus our new capacities on the revenue and margin […]
ACME Solar Holdings Limited plans to invest Rs 170 billion in capital expenditure in 2026 to expand its renewable energy capacity to 5,000 MW by 2027, focusing on hybrid and firm dispatchable renewable energy (FDRE) […]
ACME Solar has signed a power purchase agreement with NHPC Limited for a 680 MW firm and dispatchable (FDRE) renewable energy project. The project was awarded under NHPC’s 1,400 MW FDRE tender and will be […]
By Sarthak Takyar It is important to look back at past events and learn from them in order take positive strides forward. With the beginning of the new year, we decided to revisit Renewable Watch’s […]
NHPC Limited has successfully concluded its tranche VI auction, awarding 1,200 MW of firm and dispatchable renewable energy (FDRE) projects connected to the inter-state transmission system (ISTS) and integrated with energy storage systems, with an […]
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 […]
The year 2024 witnessed several interesting developments in India’s renewable energy sector, leading to continued expansion of developers’ and manufacturers’ portfolios. The growing traction and demand for round-the-clock (RTC) and quality renewables have resulted in […]
There is a perceptible shift in the renewable energy industry, from standalone solar and wind projects to hybrid, round-the-clock (RTC), firm and despatchable renewable energy (FDRE) projects. Several auctions have taken place in this space […]
By Vikram V., Vice President and Co-Group Head, ICRA Limited The energy transition goals set by the Government of India, along with the healthy demand growth and tariff competitiveness of solar and wind power projects, […]
ACME Sun Power has secured a term loan worth Rs 37.53 billion from REC Limited. ACME Sun Power is a wholly-owned subsidiary of ACME Solar Holdings. The funds from the loan will be utilised for […]
Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy emerged as winners in NTPC’s auction to supply 1,200 MW of firm and dispatchable renewable energy (FDRE) with peak power through interstate transmission system (ISTS)-connected projects. […]
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