Author: Staff

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ReNew’s Q3 FY 2025 Revenue Up Slightly, Lower Wind PLF Bites

Decarbonization solutions company ReNew reported revenue of ₹21.2 billion (~$248 million) during the third quarter (Q3) of the financial year (FY) 2025, a 10%...

February 21, 2025

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Staff

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Finance and M&A

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Other
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CERC Adopts Tariffs for SECI’s 1.2 GW Wind-Solar Hybrid Power Projects

The Central Electricity Regulatory Commission (CERC) has adopted tariffs ranging between ₹3.43 (~$0.0395) and ₹3.46 (~$0.0398)/kWh for 1,200 MW wind-solar hybrid power...

February 20, 2025

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Staff

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Market & Policy

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Solar

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Wind
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Madhya Pradesh Floats Tenders for 2.21 MW Rooftop Solar Projects

Madhya Pradesh Urja Vikas Nigam (MPUVNL) has issued a request for proposal (RfP) to develop rooftop solar projects with a cumulative capacity of 2.215 MW on government...

February 20, 2025

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Staff

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Solar

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Tenders & Auctions
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Assam Invites Bids for 134 MW Rooftop Solar Projects

The Assam Power Distribution Company (APDCL) has invited bids to set up rooftop solar projects with a cumulative capacity of 134 MW across government buildings under the...

February 19, 2025

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Staff

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Solar

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Tenders & Auctions
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Credit Fair Secures $5 Million from Symbiotics for Rooftop Solar Financing

Rooftop solar financing company Credit Fair has raised $5 million (₹415 million) from the $75 million (₹6.22 billion) ‘Green Basket Bond’ issued by Symbiotics...

February 19, 2025

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Staff

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Finance and M&A

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Solar
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Borosil Hurt by Cheaper Chinese Solar Glass, Loss Widens in Q3 FY 2025

Borosil Renewables reported a net loss of ₹300.7 Million (~$3.46 million) in the third quarter (Q3) of the financial year (FY) 2025, from a loss of ₹158.9 million (~$1....

February 19, 2025

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Staff

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Finance and M&A

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Other
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Funding and M&A Roundup: ACCURE Battery Intelligence Secures $16 Million

From: Mercom Capital Group ACCURE Battery Intelligence, a battery software solutions provider, has secured $16 million in an oversubscribed Series B funding round. The...

February 19, 2025

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Staff

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Finance and M&A

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Other
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Project Finance Brief: DESRI, Ranger Power Secure Financing for 250 MW Solar Project

From: Mercom Capital Group DESRI, a renewable energy project developer, in partnership with Ranger Power, a utility-scale clean power development company, announced the...

February 19, 2025

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Staff

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Finance and M&A

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Solar
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Power Electronics Startup Dynolt Technologies Raises $1.7 Million

Bengaluru-based deep-tech power electronics startup Dynolt Technologies has secured $1.7 million (~₹147.7 million) in a seed funding round led by Transition VC. Angel...

February 18, 2025

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Staff

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Finance and M&A

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Other
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SECL Invites Bids for 1.16 MW Rooftop Solar Systems

South Eastern Coalfields (SECL) has invited bids for the engineering, procurement, and construction of 1,160 kW grid-connected rooftop solar systems on 12 residential...

February 18, 2025

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Staff

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Solar

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Tenders & Auctions
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MENA Weekly Roundup: Oman to Install its Biggest Rooftop Solar Project

Oman National Engineering & Investment Co (ONEIC) signed a contract to implement the country’s biggest rooftop solar project, a 3.5 MW system, for the International...

February 18, 2025

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Staff

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Renewable Energy

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Solar
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Karnataka’s Clean Mobility Policy 2025-30 Targets ₹500 Billion Investment

The Government of Karnataka has introduced its Clean Mobility Policy 2025-30, targeting ₹500 billion (~$5.755 billion) investments across the clean mobility value chain...

February 18, 2025

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Staff

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Electric Vehicles

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Market & Policy
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GREW Solar to Set Up 3 GW Cell and Module Facility in Madhya Pradesh

GREW Solar has announced it will invest ₹30 billion (~$345 million) to set up a 3 GW solar cell and module manufacturing facility in, Madhya Pradesh. The 60-acre...

February 17, 2025

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Staff

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Manufacturing

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Solar
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Gujarat Floats EPC Tender for 110 MW Floating Solar Project

The Gujarat State Electricity Corporation (GSECL) has invited bids for the engineering, procurement, and construction (EPC) of a 110 MW floating solar project at the...

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Malabar Cements Invites Bids for 1 MW Solar Project in Palakkad

Malabar Cements (MCL), a Government of Kerala undertaking, has invited bids for a 1 MW solar project at its Walayar facility in Palakkad, Kerala. The site is located...

February 13, 2025

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Staff

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Solar

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Tenders & Auctions

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