Sterling and Wilson Renewable Energy Ltd (SWREL) has secured a Rs 5.04 billion contract to develop a solar photovoltaic (PV) plant in Rajasthan.
The project, awarded by an independent power producer, involves the supply, installation, and commissioning of a 305 MW AC / 396 MWp DC PV system.
At the CERAWeek summit in Houston on Monday, U.S. Energy Secretary Chris Wright stirred the pot by openly criticizing renewable energy and reaffirming the Trump administration’s strong stance on oil and natural gas. His comments, focused on the need for fossil fuels in power generation, painted a picture of a future where renewables simply cannot…
Grenergy has obtained $324 million in financing for phase four of its Oasis de Atacama project, named Gabriela. This phase includes 269 MW of solar capacity and 1.1 GWh of storage. Financing was provided by BNP Paribas, Natixis Corporate & Investment Banking, Société Générale, Bank of Nova Scotia, and SMBC. The same institutions also financed…
ACME Solar Holdings Limited reported a 59% year-on-year increase in consolidated revenue for FY26, supported by capacity additions, higher generation, and strong operating performance. Total consolidated revenue for the fiscal year rose to Rs 2,507 crore, while net profit nearly doubled to Rs 498 crore, up 99% compared to the previous year. For the quarter…
India’s solar manufacturing sector added 44.2 gigawatts (GW) of module capacity and 7.5 GW of cell capacity in the first half of 2025, according to Mercom India’s report State of Solar PV Manufacturing in India 1H 2025. The report links the growth to the 186 GW large-scale solar project pipeline expected between 2025 and 2027,…
The Ministry of Coal has set a flat registration fee of Rs 500 per consignment under the coal import monitoring system (CIMS) portal, replacing the earlier slab-based structure that ranged from Rs 500 to Rs 1,00,000. The CIMS is a digital platform designed to track coal imports in real time. It helps the government collect…
Vestas has won a 390 MW turbine order for the Shinan-Ui offshore wind project in South Korea, marking its first offshore wind contract in the country. The project includes a long-term service deal and supports South Korea’s expanding offshore wind pipeline. The order comes from Shinan-Ui Offshore Wind, a consortium of Hanwha Ocean, SK Eternix,…