Renewable Energy

India | News | Policy & Programmes

93 GW renewable backlog triggers government action on unsigned PPAs and PSAs
By November 4, 2025November 4, 2025

The Ministry of Power has directed Renewable Energy Implementing Agencies (REIAs) to close long-pending renewable energy bids and cancel related Letters of Award (LoAs) by November 30, 2025, where signing Power Purchase Agreements (PPAs) or Power Sale Agreements (PSAs) is not viable. The order follows a review meeting held on October 17, 2025, chaired by Secretary (Power) Pankaj Agarwal, to assess renewable capacity procurement by NTPC, NHPC, SJVN, and SECI. Since FY 2023-24, the REIAs…

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India | News | Renewable Energy

Germany and India renew clean energy partnership
By November 4, 2025November 4, 2025

Germany and India have reaffirmed their commitment to renewable energy and sustainable growth, the German Embassy has said. The announcement followed Parliamentary State Secretary Johann Saathoff’s four-day visit to India, marking 25 years of the Indo-German strategic partnership. Saathoff opened the German Pavilion at the Renewable Energy India (REI) Expo 2025 in New Delhi, where companies from both countries showcased solar, wind, and green hydrogen technologies. The Embassy said Saathoff described the partnership as a…

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India | Leadership | News

Lubi Electronics appoints Suraj Dhruv as Business Head
By November 4, 2025November 4, 2025

Lubi Electronics has appointed Suraj Dhruv as Business Head to lead the company’s business growth, P&L management, and expansion into renewable energy. Based in Ahmedabad, he will oversee diversification into solar, solar-wind hybrid, green hydrogen (GH₂–NH₃), and battery energy storage systems (BESS). Suraj brings over a decade of experience in energy infrastructure, strategic leadership, and business transformation. He has held senior positions at Prozeal Green Energy, Matrix Gas and Renewables, Jio-bp, and Adani Total Gas,…

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News | Global

Saudi Arabia awards 4.5 GW renewable projects
By October 31, 2025October 31, 2025

Saudi Arabia’s Power Procurement Company (SPPC) has awarded five renewable energy projects with a combined capacity of 4.5 GW under the sixth phase of the National Renewable Energy Programme (NREP). Supervised by the Ministry of Energy, the projects include one wind and four solar plants, representing total investments of more than $2.4 billion. SPPC will manage project development, tendering, and power purchase agreements. The awarded projects are expected to support the kingdom’s plan to expand…

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India | Finance | News

Renewable firms report strong profit growth in latest quarter
By October 30, 2025October 30, 2025

India’s renewable energy companies reported solid financial performance for FY 2025-26, driven by higher earnings and improved margins. NTPC Green Energy reported a net profit of Rs 88 crore, up from Rs 38 crore the previous year. Revenue grew 21.5% to Rs 612.3 crore, and EBITDA rose 26% to Rs 529.6 crore. Margins improved to 86.5% from 83.4%. Adani Green Energy reported a 25% rise in net profit to Rs 644 crore compared with Rs…

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India | News | Renewable Energy

KPI Green wins Rs 1,050 crore LOI for RTC green power project
By October 30, 2025October 30, 2025

KPI Green Energy Limited has received a Letter of Intent from UAE-based FVE Lifecare General Trading LLC, part of the F Plus Group, for a 600 MW Round-the-Clock (RTC) Green Power Project valued at about Rs 1,050 crore. The agreement follows an earlier MoU with F Plus Healthcare Technologies. The project will supply captive and group-captive renewable power for F Plus facilities worldwide and may be structured through a Power Purchase Agreement, Joint Venture, or…

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India | Leadership | News

Serentica Renewables appoints Anil Kumar Singh as Director – Operations
By October 30, 2025October 30, 2025

Serentica Renewables has appointed Anil Kumar Singh as Director – Operations. He will report to Chief Executive Officer Akshay Hiranandani and be based in Mumbai. Anil has over 33 years of experience across ports, cement, petrochemicals, thermal power, electricity distribution, telecom, and renewables. He holds Bachelor’s and Master’s degrees in Engineering from IIT Roorkee and an MBA in Finance from FMS, Delhi. Before joining Serentica, Anil served as Chief Project Officer at Adani Green Energy…

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India | News | Policy & Programmes

MNRE launches REEIMS for monitoring renewable energy equipment imports
By October 27, 2025October 28, 2025

The Ministry of New and Renewable Energy (MNRE), in a memorandum dated October 24, 2025, has operationalised the Renewable Energy Equipment Import Monitoring System (REEIMS). This follows the Directorate General of Foreign Trade (DGFT) notification on October 10, 2025, which revised the import policy for items under Chapters 70, 73, 84, and 85 of the ITC (HS) 2022 schedule. While these components remain under the “Free” import category, importers must now obtain a registration certificate…

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India | News | Renewable Energy

Waaree Energies secures 692 MW solar module orders in India and US
By October 27, 2025October 28, 2025

Waaree Energies Limited has received new solar module orders totalling 692 MW from domestic and international customers, as per a regulatory filing dated October 24, 2025. The company informed that its domestic division secured three orders of 220 MW, 210 MW, and 140 MW from leading players in India’s renewable energy sector. Its wholly owned subsidiary, Waaree Solar Americas, also received an order for 122 MW from a developer and owner-operator of utility-scale solar and…

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India | News | Renewable Energy

Vikram Solar secures 149 MW module order from Sunsure Energy
By October 24, 2025October 28, 2025

Vikram Solar has received an order to supply 148.9 MW of high-efficiency solar modules to Sunsure Energy. The 595 Wp modules will be installed across Maharashtra and Uttar Pradesh. Vikram Solar will provide its advanced Ml0R N-Type TOPCon modules, noted for high efficiency, reliability, and energy yield. This order adds to a series of recent wins for Vikram Solar, including 200 MW from AB Energia, 336 MW from L&T Construction, 250 MW from Bondada Group,…

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