TAG: "RE in India"

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India’s Power Sector Witnesses Non-Utility Solar Boom, Says SBI CAPS Report

SBI CAPS reports India’s non-utility solar surge in 2024, with rooftop and off-grid installations contributing 25 percent of solar additions. Supported by policies, subsidies, and cost reductions, annual non-utility solar growth could reach 20 GW by FY27.

RE In India | January 18, 2025 | By EI News Network |  565

Sun Drops Energia Bags 62.20 MW Solar Order, Boosts KPI Green Energy's CPP Capacity

Sun Drops Energia, a subsidiary of KPI Green Energy, has secured a 62.20 MW solar project order under the Captive Power Producer (CPP) segment. This increases KPI Green Energy’s total CPP capacity to 152.34 MW, expanding its renewable energy portfolio.

RE In India | January 16, 2025 | By EI News Network |  454

Solar Power Dominates India's RE Landscape with over 97 GW of Installed Capacity

As per MNRE data (December 31, 2024), India’s renewable energy capacity has reached 209 GW, with solar power leading at 97.8 GW, contributing nearly half the total. Ground-mounted solar accounts for 75.2 GW, and rooftop solar under the PM-Surya Ghar Yojna adds 15.6 GW. Wind power follows at 48.1 GW.

RE In India | January 08, 2025 | By EI News Network |  364

India Reaches 214 GW Renewable Energy Capacity in 2024: MNRE Minister Pralhad Joshi

In 2024, India added 27 GW of renewable energy capacity, reaching 214 GW total. The key achievements include solar growth, wind energy expansion, green hydrogen initiatives, and significant government schemes, accelerating progress towards the 500 GW non-fossil energy target by 2030.

RE In India | January 02, 2025 | By EI News Network |  1103

OREDA Issues Tender for DPR of Ground-Mounted Solar PV Power Plant in Kalahandi

OREDA invites tenders for the preparation of a Detailed Project Report (DPR) for a 41.58-acre ground-mounted solar PV plant in Kalahandi. The project will contribute to Odisha's renewable energy goals, supporting local employment and meeting Renewable Purchase Obligation (RPO) mandates.

RE In India | December 27, 2024 | By EI News Network |  590

Transmission Infrastructure Crucial for India’s Renewable Energy Goals, Says SBICAPS Report

A recent SBI Capital Markets report highlights the crucial role of transmission infrastructure in integrating India’s renewable energy capacity. With significant renewable additions expected, a rapid expansion of transmission lines and substations is necessary to meet future energy demands and ensure grid stability.

RE In India | November 30, 2024 | By EI News Network |  1703

Waaree Energies Reports INR 36,635 Million Revenue, 17 Percent PAT Growth in Q2

Waaree Energies reported total income of INR 36,635 million in Q2 FY25, with 17 percent PAT growth and improved EBITDA margins at 16.8 percent. The production reached 3.3 GW in H1, and a robust 20 GW order book underscores strong market confidence.

RE In India | November 19, 2024 | By EI News Network |  936

Apollo Green Energy Plans IPO by 2025, Aims for INR 10,000 Crore Portfolio

Apollo Green Energy Ltd. plans to launch an IPO in 2025 to support its goal of achieving INR 10,000 crore project portfolio. The company currently manages INR 3,500 crore order book, focusing on solar and renewable energy projects across India.

RE In India | November 05, 2024 | By EI News Network |  1344

NTPC and ONGC Join Hands for RE Expansion

NTPC and ONGC have formed a joint venture through their green energy subsidiaries to explore renewable energy opportunities, including solar, wind, storage, and e-mobility, aiming to expand India’s clean energy landscape.

RE In India | November 04, 2024 | By EI News Network |  705

SECI Invites Developers for 1,200 MW of RTC Power from ISTS-Connected RE Projects

SECI has launched a Request for Selection for renewable energy developers to supply 1,200 MW of Round-the-Clock power through ISTS-connected projects, promoting competitive bidding to boost renewable energy capacity nationwide.

RE In India | November 04, 2024 | By EI News Network |  900

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