Renewable Energy

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Virtual PPA Framework a Good First Step, But Regulatory Backing Is Essential

Virtual power purchase agreements (VPPAs), a financial tool for energy-intensive industries seeking to meet their renewable energy obligations, have not gained momentum...

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Government Issues Terms to Designate Renewable Energy Implementing Agencies

Indian companies registered under the Companies Act, 2013, and holding a valid Category-I electricity trading license are eligible to become renewable energy...

June 26, 2025

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Aseem Infrastructure Finance Secures $80 Million Green Loan from DBS Bank

Non-banking financial company and lender to the renewable energy sector, Aseem Infrastructure Finance has secured external commercial borrowing and a green loan...

June 25, 2025

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Melvin Mathew

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Finance and M&A

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Renewable Energy
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MNRE Releases Draft Testing and Approval Guidelines for Solar Inverters

The Ministry of New and Renewable Energy (MNRE) has released draft guidelines for the approval and testing of solar inverters under the Solar Systems, Devices, and...

June 25, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy
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BluPine Secures ₹24 Billion for 150 MW Renewable Energy Project in Karnataka

BluPine Energy has secured ₹24.16 billion (~$280.75 million) in debt financing for its 150 MW firm and dispatchable renewable energy (FDRE) power project in Aland,...

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World Lags 2030 Renewable Energy Goals Despite Record 741 GW Additions: Report

Despite global renewable energy capacity adding a record 741 GW in 2024, the world is projected to fall short of the goal to triple renewable capacity by 2030 by 800 GW,...

June 25, 2025

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Arjun Joshi

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Market & Policy

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Renewable Energy
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Servotech Acquires 27% Stake in Module Manufacturer Rhine Solar

New Delhi-based solar solutions and electric vehicle (EV) charger manufacturer Servotech Renewable Power System (Servotech) has entered a definitive agreement to acquire...

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US Senate Budget Bill Proposes to Slash Solar, Wind Incentives From 2026

The United States Senate Committee on Finance has released a draft legislative text for its version of the budget reconciliation bill, which includes a provision to...

June 23, 2025

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Arjun Joshi

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Market & Policy

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Renewable Energy
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Suzlon Bags 170 MW Wind Turbine Order from AMPIN Energy

Wind turbine manufacturer Suzlon has secured an order from AMPIN Energy Transition to supply 54 of its S144 wind turbine generators (WTGs) for a 170.1 MW project in...

June 20, 2025

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Tina Freese

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Renewable Energy

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Wind
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Travancore Cochin Chemicals Issues 22 MW Renewable Power Purchase Tender

The Travancore Cochin Chemicals (TCC) has invited bids to procure 22 MW of hybrid or vanilla renewable power under the group captive mode. Bids must be submitted by July...

June 20, 2025

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Tina Freese

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Renewable Energy

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Tenders & Auctions
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ENGIE Launches “Precycling” Model Directly Integrated into PPAs

Clean energy solutions provider Engie North America (ENGIE) and solar recycling company SOLARCYCLE are set to pilot a new “precycling” model by incorporating module and...

June 20, 2025

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Tina Freese

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Renewable Energy

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Solar
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HERC Approves Tariff of ₹4.44/kWh for 400 MW of Renewable Power Procurement

The Haryana Electricity Regulatory Commission (HERC) has approved Haryana Power Purchase Centre’s (HPPC) procurement of 400 MW firm and dispatchable renewable energy...

June 18, 2025

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Tina Freese

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Markets & Policy

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Renewable Energy
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MENA Weekly Roundup: AfDB Approves $184 Million for Solar Project in Egypt

The African Development Bank Group (AfDB) approved a financing package of up to $184.1 million to support the 1 GW Obelisk solar project in Egypt’s Qena Governorate....

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ANERT Invites Proposals for Green Energy Demonstration Projects

Kerala’s Agency for New and Renewable Energy Research and Technology (ANERT) has invited expressions of interest for demonstration projects in green hydrogen, smart...

June 13, 2025

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Staff

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Other Energy

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Renewable Energy
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India Plans ₹530 Billion Ultra-High Voltage AC Transmission System by 2034

The Ministry of Power is enhancing India’s power transmission infrastructure with an ultra-high voltage alternating current transmission (UHV AC) system. Nine 1,100 kV...

June 12, 2025

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Staff

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Other Energy

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Renewable Energy

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