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Markets & Policy

CERC adopts tariff for SECI’s 1.2 GW wind-solar hybrid power projects with assured peak power supply under Tranche VI

The wind-solar hybrid power projects were awarded to four successful bidders at tariffs ranging from INR 4.64/kWh to INR 4.73/kWh.

Hindustan Power signs INR 620-crore solar, storage MoU with Assam

Hindustan Power will invest in setting up a 100 MW solar plant and a 100 MW battery energy storage facility in Assam.

Oriana Power commits INR 500-crore solar, storage investment in Assam

Oriana Power has committed to invest INR 500 crore in solar and battery energy storage system projects in the Kamrup district of Assam.

Challenges of dismantling abandoned wind and solar farms

Researchers studying decommissioned wind and solar farms in Italy, Spain, Venezuela, and Argentina have found that weak regulations risk leaving more abandoned assets in their wake.

Adani Green Energy refinances $1.06 billion construction facility

Adani Green Energy Ltd (AGEL), India’s largest renewable energy company, announced that it has refinanced its maiden construction facility with outstanding of $1.06 billion taken in 2021 to develop India’s largest solar-wind hybrid renewable cluster in Rajasthan.

The role of ESG SaaS platforms in accelerating the energy transition

Leveraging artificial intelligence, automation, and real-time data, ESG SaaS (software-as-a-service) systems enable companies to optimize energy use, enable and enhance transparency, and comply with regulatory requirements.

Servotech, CIMSME collaborate to drive rooftop solar adoption under PM Surya Ghar Yojana

The collaboration aims to install 100,000 solar rooftop systems in homes by 2026 in support of the PM Surya Ghar Muft Bijli Yojana.

Gensol Engineering to sell US arm Scorpius Trackers for INR 350 crore

Gensol Engineering has signed a non-binding term sheet to sell its US arm Scorpius Trackers to a major renewable energy solutions provider in the US.

India needs $300 billion to meet 2032 renewable energy target

Achieving the National Electricity Plan (NEP-14) targets would require annual financing for renewable energy, storage and transmission to grow by 20% each year, reaching $68 billion by 2032 from $13.3 billion in FY 2024, says a new report from Ember.

Solar sector growth trends and emerging opportunities in 2025

The convergence of policy support, technological innovation, and market demand is set to propel the solar sector into a new era of growth.

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