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Solarworld and H.G. Infra Win Gujarat’s 500 MW/1,000 MWh BESS Auction

Solarworld Energy Solutions and H.G. Infra Engineering have won Gujarat Urja Vikas Nigam’s (GUVNL) auction to set up a 500 MW/1,000 MWh standalone battery energy storage systems (BESS) under tariff-based competitive bidding (Phase...

April 21, 2025

Markets & Policy

Solar Corporate Funding in Q1 2025 Declines 41% as Uncertainty Weighs on Market

The solar companies secured $4.8 billion corporate funding in 39 deals in the first quarter (Q1) of 2025, a 41% year-over-year (YoY) decrease from $8.2 billion raised in 42 deals. However, funding increased 20% quarter-over-quarte...

April 21, 2025

C&I

Maharashtra’s 100% Solar-Powered Eco Resort Saves ₹2.9 Million Annually

The hospitality industry is emerging as a leader in the transition to renewable energy, joining a growing number of commercial and industrial units in India with high power consumption that are turning to green energy. This shift ...

April 16, 2025

Renewable Energy

Most of India Saw 3-10% Decline in Solar Irradiation in 2024: Interview

Solar generation depends on the solar irradiation that falls on photovoltaic panels. India has witnessed up to 7% below-average solar radiation variability between 2018 and 2022 and between 3% and 10% in 2024. Slovakia-headquarter...

April 17, 2025

Latest News

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UPERC Approves Tariff for 5 MW of Bagasse-based RTC Power Procurement

The Uttar Pradesh Electricity Regulatory Commission (UPERC) has approved NIDP Developers’ request for a tariff of ₹5.95 (~$0.07)/kWh for procuring 5 MW of bagasse-based round-the-clock (RTC) power between April 1, 2025, and July 31, 2025. Bagasse is...

April 22, 2025

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GAIL Invites Bids for 17.5 MW Floating Solar Project in Uttar Pradesh

GAIL (India), a central public sector undertaking, has floated an engineering, procurement, and construction (EPC) tender for a 17.5 MW (AC) floating solar project at its facility in Pata, Uttar Pradesh. Bids must be submitted by May 20, 2025. Bids...

April 22, 2025

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Santosh Kumar Sarangi Appointed as the New MNRE Secretary

Santosh Kumar Sarangi, a 1994-batch Indian Administrative Service (IAS) officer from the Odisha cadre, has taken over as the new Secretary in the Ministry of New and Renewable Energy (MNRE). He succeeds Nidhi Khare, a 1992-batch IAS officer who had...

April 22, 2025

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MNRE Adds 14,670 MW Solar Module Capacity Under ALMM

The Ministry of New and Renewable Energy (MNRE) has updated the Approved List of Models and Manufacturers (ALMM) by adding 14,670 MW of solar module manufacturing capacity. The cumulative module manufacturing capacity reached 88,905 MW after the...

April 22, 2025

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Daily News Wrap-Up: Corporate Solar Funding Reaches $4.8 Billion in Q1 2025

Solar companies secured $4.8 billion in corporate funding in 39 deals in the first quarter (Q1) of 2025, a 41% year-over-year (YoY) decrease from $8.2 billion raised in 42 deals. However, funding increased 20% quarter-over-quarter (QoQ) compared to...

April 22, 2025

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Damodar Valley Corporation Invites Bids for 250 MW/500 MWh BESS Project

The Damodar Valley Corporation (DVC) has invited bids to set up a 250 MW/500 MWh battery energy storage system (BESS) project in Maithon, Jharkhand. Bids must be submitted by May 21, 2025. Bids will be opened on May 22. The project is part of Phase...

April 22, 2025

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Religious Institutions are Cutting Electricity Costs with Solar Installations

Religious institutions are deeply embedded in the daily lives of millions of Indians and are emerging as unlikely champions of the clean energy transition. Many are increasingly turning to solar power, not just to cut rising electricity costs but...

April 22, 2025

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Top Solar Projects Driving Energy Transition in the GCC Countries

The Gulf Cooperation Council (GCC) countries are quickly expanding their renewable energy portfolios, with utility-scale solar projects leading this transformation. As the region’s power generation comprises nearly half of its carbon emissions, GCC...

April 22, 2025

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Uttar Pradesh Floats Tenders for 2 GW Pumped Hydro Storage Projects

The Uttar Pradesh Power Corporation (UPPCL) has invited bids to procure 2,000 MW of pumped hydro storage capacity to be developed on a build, own, operate, and maintain basis for 40 years from the commercial operation date (COD). The contracted...

April 21, 2025

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