Daily News Wrap up: Prozeal, Kintech And SAEL Among 7 To Secure GUVNL’s 500 MW Solar Auction

Daily News Wrap up: Prozeal, Kintech And SAEL Among 7 To Secure GUVNL’s 500 MW Solar Auction

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Prozeal, Kintech And SAEL Among 7 To Secure GUVNL’s 500 MW Solar Auction

GUVNL recently announced seven winners of its 500 MW grid-connected solar power projects with an additional 500 MW greenshoe option. Under its Phase XXV auction, it...

Green Stocks Dec 19: Green Stocks Slide With Broader Market

The news of the US Fed going in for fewer rate cuts than expected in 2025 spooked global markets, and the Indian markets as well. Thus,...

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RENEWABLE ENERGY NEWS

91,194 Tribal Households Electrified Under RDSS Scheme: Minister

The latest data shared by Shripad Naik, Minister of State (MoS) for New and Renewable Energy, revealed that 91,194 Particularly Vulnerable Tribal Groups (PVTG) households have been electrified to date under the Revamped Distribution Sector Scheme (RDSS). This data includes the electrification of households under...Read more.

Reliance Backed NexWafe GmbH Announces Key Breakthrough In Wafer Process

NexWafe GmbH (NexWafe) has announced significant breakthroughs in its solar wafer manufacturing technology. The firm seeks to make ultra-thin, high-efficiency, monocrystalline, low-carbon footprint solar wafers with an energy footprint 40% lower than conventional wafer making. The German company achieved cell efficiencies equivalent to Czochralski (CZ)...Read more.

MNRE Denies RE Projects Failing To Secure PPAs

The Ministry of New and Renewable Energy (MNRE) claimed that renewable energy projects in the country are not failing to secure Power Purchase Agreements (PPAs). Shripad Yesso Naik, Minister of State (MoS) for New and Renewable Energy, addressed the issue of unsold renewable energy in...Read more.

APTEL Accepts Solar Thermal Generators Plea, Allows PPA Cancellations

Direct Natural Irradiance (DNI) proved to be a bugbear for three solar thermal generators who set out to build projects based on figures provided by MNRE in 2010. The three generators, namely M/s. Aurum Renewable Energy Private Limited (in short “AREPL”), M/s. Diwakar Solar Projects...Read more.

ACME Solar Commissions 1 GW Solar Projects In Rajasthan

Haryana-based ACME Solar Holdings Limited (ASHL), has now commissioned its four ISTS-connected SECI projects. These solar projects aggregated to 1.02 GW are located in Jaisalmer, Rajasthan. They are part of a 1200 MW cluster spread over 4 projects. This achievement marks the commissioning of one...Read more.

High Solar Cell Price Can Push Up Tariffs For Developers: CRISIL

The government’s move to extend the Approved Lists of Models and Manufacturers (ALMM) to solar cells from June 1, 2026, envisions accelerating solar cell manufacturing in India. An analysis by CRISIL Market Intelligence & Analytics estimates domestic capacity can make solar cells more than quadruple...Read more.

Indian Renewable Energy Lending Up By 60%, Says CFA Report

The Centre for Financial Accountability (CFA) released its seventh annual Coal Versus Renewables Investment report today. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope of analysis this year to include corporate finance lending to companies engaged...Read more.

[VIDEO]: Gujarat To Host Highest No. Of Waste To Energy Plants

The latest data from the Ministry of New and Renewable Energy (MNRE) indicates that Gujarat is poised to host the highest number of Waste-to-Energy (WTE) plants in India. This development comes as several states across the country increasingly adopt waste-to-energy solutions. MNRE classifies WTE plants...Read more.

After A Lull, Borosil Renewables Plans Expanding Production

After a lull, Indian solar glass company Borosil Renewables has planned to take steps towards increasing its production. This comes after two key steps taken by the Indian government. One is the imposition of Basic Customs Duty (BCD) on solar glass import and another one...Read more.

Qcells Claims Tandem Solar Cell Efficiency World Record

Qcells, a leading solar cells and modules manufacturer, has claimed a a new world record, reaching 28.6% for tandem solar cell efficiency on a full-area M10-sized cell that can be scaled for mass manufacturing. This result was achieved having begun large-area tandem development in 2023,...Read more.

ADB Invests $10 Mn For Climate Tech Innovation In Sub-Saharan Africa

The African Development Bank (ADB) recently announced a $10 million investment from its Sustainable Energy Fund for Africa (SEFA) into the Persistent Africa Climate Venture Builder Fund (ACV Fund). This funding envisions propelling climate technology entrepreneurship across Sub-Saharan Africa. This catalytic investment aims to unlock...Read more.

News In Brief Dec 19: RWE’s 10 GW Milestone, Exide Picks Honeywell, Envision’s Storage Win

RWE Owned, Operated Clean Generation Assets Reaches 10 GW In US RWE, a leading global energy company, has reached significant growth in the U.S.?after?hitting 10 gigawatts (GW) of installed generation capacity of onshore wind, solar, and energy storage?facilities in operation from coast to coast....Read more.

EV's & Storage News

The Impact of EVs on Auto Insurance and Risk Management

With rapidly growing footprints, electric vehicles (EVs) are fast becoming a preferred choice of customers across the globe. Consequently, their wider adoption is resulting in critical implications for the auto industry. Especially for insurance and risk management professionals, the popularity of EVs warrants a comprehensive...Read more.


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