Indian Renewable Energy Development Agency Limited (IREDA) posted a net profit of Rs 4.25 billion for the quarter ending December 2024, a 26.48% rise compared to Rs 3.36 billion in the same quarter last year.
The company’s revenue from operations increased by 35.59% to Rs 16.99 billion during the quarter, up from Rs 12.53 billion reported in the corresponding period of 2023.
Prime Minister Narendra Modi has announced that Pahadpur village in Odisha’s Mayurbhanj district will be developed as a “Solar Village” with the objective of providing solar energy access to every household in the village. The announcement was made during the ‘Vikas Ra Dhara, Odisha Sara’ public programme held on Saturday to mark the completion of…
The Department of Atomic Energy (DAE) has requested that the Ministry of Finance extend tax incentives and green policy benefits to the nuclear power sector, aiming to align it with renewable energy support frameworks. The proposal has been submitted as part of the ongoing budget preparation exercise, according to people familiar with the development. The…
The Central Electricity Regulatory Commission (CERC) issued the Connectivity and General Network Access (GNA) to the inter-State Transmission System (ISTS) (Third Amendment) Regulations, 2025 on 31 August 2025. The amendments revise multiple provisions related to renewable energy generating stations (REGS), hybrid projects, and energy storage systems (ESS). New definitions and classificationsThe amendment introduces several new…
NTPC has released the results of its 1.2 GW ISTS-connected solar projects auction. The winning companies include SAEL Industries, Rays Power Infra, Refex Green, ReNew Solar, and Illuminate Hybren (Mahindra Susten). SAEL secured 300 MW, Rays Power 100 MW, and Refex Green 100 MW, all at a tariff of Rs 2.50 per kWh. ReNew Solar…
Sino-American Silicon Products (SAS) and its subsidiary, Sustainable Energy Solution (SES), have signed a corporate power purchase agreement (CPPA) with Copenhagen Infrastructure Partners’ (CIP) Fengmiao I offshore wind farm, marking Taiwan’s first joint procurement of offshore wind energy by a parent company and its subsidiary. Fengmiao I, located 35 km offshore from Taichung City, will…
GREW Solar has secured an order to supply 500 MW of high-efficiency solar photovoltaic (PV) modules from a leading power developer in India. The company will deliver its M10R and G12R module series for upcoming utility-scale solar projects across multiple locations. The modules are designed to deliver higher efficiency, reliability, and performance under varied operating…