NTPC Renewable Energy (NTPC REL) has invited bids for the Balance of System (BoS) of a 900 MW grid-connected solar project in Fatehgarh, Rajasthan. Bids must be submitted by May 7, 2025. Bids will be opened on the same day. Bidders must submit the...

The Ministry of Power has proposed amendments to refine the regulatory framework governing renewable energy consumption by designated consumers, including electricity distribution licensees, open access consumers, and captive users. The Bureau of...

A ₹0.07 (~$0.0008)/kWh trading margin and the discovered tariff have become a bone of contention between renewable energy implementing agencies (REIAs) and buying entities. As intermediary procurers, REIAs charge a trading margin from state...

Global renewable energy capacity additions totaled 585 GW in 2024, a record 15.1% growth year-over-year, the highest annual increase since 2000. Renewable energy represented 92.5% of the new power capacity additions globally, according to the latest...

ONGC has approved an investment of ₹33 billion (~$384.84 million) in ONGC Green to part-fund the acquisition of a 100% stake in Ayana Renewable Power. The company will subscribe to the rights offer of equity shares issued by ONGC Green. In February...

Non-banking financial services company Shriram Finance has secured a $150 million loan from the Asian Development Bank (ADB) to enhance access to finance for electric vehicles (EVs) and low-emission commercial vehicles in India. The funding is part...

NHPC has issued a request for selection to set up 1,200 MW interstate transmission system (ISTS)-connected solar projects with a 600 MW/ 2,400 MWh energy storage system (ESS) anywhere in India. The tender has a greenshoe option of up to 1,200 MW....

Jaipur Vidyut Vitran Nigam issued an expression of interest for implementing 112.6 MW of decentralized solar projects in Rajasthan under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyaan (PM-KUSUM). Bids must be...

China-based solar cell and module manufacturer JinkoSolar’s revenue dipped 37.1% year-over-year (YoY) to RMB20.65 billion (~$2.83 billion) in the fourth quarter (Q4) of 2024, primarily due to a decline in the average selling price of solar modules...