Markets & Policy

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Delhi High Court Quashes CBIC’s Revocation of Duty Deferment for Solar Projects

The Delhi High Court has quashed a Customs Department circular and show cause notices issued by the Central Board of Indirect Taxes and Customs (CBIC) revoking the...

May 8, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Waaree Partners with Ecofy to Solarize 10,000 Household Rooftops

India-based solar module manufacturer Waaree Energies has partnered with Ecofy, a non-banking financial company supported by Eversource Capital, to fund environmentally...

May 8, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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PM Surya Ghar Program: MNRE Announces New Vendor Registration Guidelines

The Ministry of New and Renewable Energy (MNRE) has announced new guidelines for vendor registration under the recently approved PM Surya Ghar: Muft Bijli Yojana rooftop...

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Meghalaya Allows Green Open Access for Consumers with 100 kW Load

Consumers with a minimum contracted demand or sanctioned load of 100 kW can access Green Energy Open Access, according to the Meghalaya State Electricity Regulatory...

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Andhra Pradesh Regulator Rolls Out Green Energy Access Rules 2024

The Andhra Pradesh Electricity Regulatory Commission (APERC) has adopted the Green Energy Open Access, Charges, and Banking Regulations, 2024. The regulations apply to...

May 7, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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AMPIN Energy Secures $35 Million from responsAbility to Fund Expansion Plans

Independent power producer AMPIN Energy Transition has secured funding of up to $35 million from responsAbility, an investor focusing on private markets, to help AMPIN...

May 7, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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Sunnova Energy’s Net Loss Shrinks by 18% to $90 Million in Q1 2024

U.S.-based residential solar firm Sunnova Energy’s net loss for the quarter ending March 31, 2024, stood at $90.1 million, recording a year-over-year (YoY) improvement...

May 7, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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CERC Rules Adani’s Hybrid Project Entitled to be Compensated for Bird Diverters

The Central Electricity Regulatory Commission (CERC) has granted compensation to Adani Solar Energy Jaisalmer One (ASEJOPL), a special purpose vehicle of Adani Green...

May 6, 2024

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Staff

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Markets & Policy
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Adani Green’s Q4 Net Profits Up by 21% as CUF from New Projects Surge

Renewable energy company Adani Green Energy (AGEL) generated revenue of ₹28.06 billion (~$336.29 million) in the fourth quarter (Q4) of the financial year (FY) 2023-24,...

May 3, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy

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Solar

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Wind
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Adani Green Secures $400 Million for 750 MW Solar Projects in Rajasthan and Gujarat

Adani Green Energy (AGEL) has secured a $400 million green loan for its under-construction 750 MW solar power projects in Rajasthan and Gujarat from a consortium of five...

May 3, 2024

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Staff

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Markets & Policy

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Solar
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Scatec’s Q1 Net Loss Narrows by 73%, Contribution from New Projects Increase

Norway-based independent power producer Scatec reported a net loss of NOK 26 million (~$2.3 million) during the first quarter (Q1) of 2024, marking an improvement of 73%...

May 2, 2024

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Gautamee Hazarika

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Markets & Policy

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Renewable Energy
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CERC Approves Compensation to NTPC Due to Change in Law

The Central Electricity Regulatory Commission (CERC) has recognized the Change in Law event and mandated compensation, agreeing with NTPC and Telangana distribution...

May 2, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Global Renewable Energy Capacity to Reach 7.3 TW by 2028: IEA

Under current policies and market conditions, the global renewable capacity is projected to hit 7,300 GW by 2028. However, this trajectory falls short of the goal to...

May 2, 2024

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Germany Adds 3.7 GW of Solar in Q1; Cumulative Capacity Reaches 86.2 GW

Germany installed 3.7 GW of solar power capacity in the first quarter (Q1) of 2024, a 19% year-over-year (YoY) growth from 3.2 GW. The data was published in a recent...

April 30, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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BluPine Energy Secures ₹4.18 Billion for 120 MW Solar Project in Gujarat

Renewable energy company BluPine Energy has secured the debt financing of ₹4.18 billion (~$50.1 million) from HDFC Bank for its 120 MW solar power project in Sadla,...

April 29, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar

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