Page 2 - Solar Energy

CERC admits solar firms' plea over losses from transmission delays

The outcome could set a precedent for renewable energy developers facing transmission bottlenecks, as India accelerates its clean energy rollout

Govt asks agencies to scrap RE bids that flouted local manufacturing rule

MNRE asks agencies like SECI, NTPC and SJVNL to cancel tenders with short timelines that bypassed the ALMM mandate on locally manufactured solar cells

Govt to install solar pumps in Jaipur district farms to boost power supply

Chief Minister Bhajan Lal Sharma has pledged to provide electricity to the state's farmers during the day for agricultural work by 2027

Premier Energies secures $20 million solar contracts in West Africa

Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, under the Ministry of Energy, Water and Mines, Republic of Benin. The scope of the contracts covers installation of 750 rooftop solar systems at key socio-community facilities, including district police stations, educational institutions, health centres and special border surveillance units, plus installation of over 4,400 high-efficiency solar streetlights and 650 solar water heaters. Financing for the project valued at USD 19.95 million is secured through a Line of Credit from the Export-Import Bank of India (EXIM

Saatvik Green Energy IPO listing: Stock makes flat debut; quick overview

Saatvik Green Energy shares listed at ₹465 per share, the IPO issue price, on the National Stock Exchange

Anand Rathi bullish on 2 solar stocks; eyes up to 33% upside: Here's why

Against this backdrop of sector tailwinds and resilient profitability, the brokerage has initiated coverage on Premier Energies with a Buy recommendation

India records lowest solar-plus-storage tariff at MP Morena project

The bidders included Acme Solar, Adani Renewable, AMPIN Energy, Apraava Energy, CEIGALL India, Dilip Buildcon, Engie, MB Power, NTPC Renewable Energy, Purvah Green, ReNew Solar, Serentica Renewables

ORB Energy teams up with Safal Group for large-scale solar in Kenya

Solar solutions provider Orb Energy on Friday announced its collaboration with Safal Group firm Mabati Rolling Mills to accelerate Kenya's green transition through large-scale solar adoption. The collaboration underscores the vital role of solar power in helping energy-intensive industries reduce their carbon footprint while ensuring long-term energy security and cost competitiveness, Orb Energy founder and CEO Damian Miller said in a statement. According to the statement, the Orb Energy, a solar energy solutions provider in India and Africa, has partnered with Safal Group firm Mabati Rolling Mills to accelerate Kenya's green transition through large-scale solar adoption. As part of this partnership, Orb Energy has successfully installed a 2.9 MW rooftop solar system at Mabati Rolling Mills' (MRM) Mariakani facility which is one of the largest rooftop solar installations in Kenya, Miller said. The system will generate approximately 4,200 MWh of clean electricity annually, the compa

Adani, Ambani race to lead mega energy transition: Bernstein Research

Bernstein says Mukesh Ambani and Gautam Adani are racing to transform Kutch's barren salt flats into the backbone of India's energy transition with massive clean power projects

China's Marshall plan is to go green with solar, EV battery investments

Since 2022, China's green-tech FDI has reached $227-$250 billion, roughly matching the post-WWII Marshall Plan that strengthened US-European alliances

Solar power stocks trade mixed; check which is best bet for your portfolio

Among solar-related stocks, ACME Solar Holdings has surged up to 55% so far this year; technical charts hint at favourable bias for AMCE and other 2 solar energy-related shares.

Gautam Solar to set up ₹4,000 cr 5 GW solar cell plant in MP by 2026

Gautam Solar will invest Rs 4,000 crore to build a 5 GW solar cell facility in Gwalior, with Phase 1 of 2 GW capacity to be completed by 2026 and expansion planned through an IPO

Rajasthan allots land to RVUNL for solar parks in Jaisalmer, Bikaner

In a bid to promote clean energy production, the Government of Rajasthan led by Chief Minister Bhajanlal Sharma has approved the allocation of land to state enterprise Rajasthan Vidyut Utpadan Nigam Ltd (RVUNL) for the establishment of large-scale renewable energy-based production parks in Jaisalmer and Bikaner districts. Under this landmark initiative, land allocation has been approved in Jaisalmer for various solar parks with a combined capacity of 26,400 megawatts (MW), a statement said on Saturday. Similarly, the construction of solar parks with a combined 5,200 MW capacity has been approved in Bikaner, it said. In line with the state's goals of sustainable development and energy security, these approvals represent a major step towards enhancing Rajasthan's leadership in the renewable energy sector, it said. Commenting on this, the Chief Minister said this initiative will not only position Rajasthan as a front-runner in clean energy production but also generate substantial ...

ACME Solar Holdings seeks shareholders' nod to raise up to ₹3,000 crore

ACME Solar Holdings will seek approval of shareholders to raise up to Rs 3,000 crore through the issuance of securities. According to a notice for the annual general meeting scheduled on September 29, 2025, the company proposes to raise capital of up to an amount not exceeding Rs 3,000 crore, in one or more tranches, by way of one or more private offerings, and/or qualified institutions placement of, and/ or further public offer and/or any other permitted modes. The proposed special resolution seeks to confer upon the board the absolute discretion to issue securities in one or more tranches, determine the terms of the aforementioned issuance of securities, including the exact price, proportion and timing of such issuance, based on analysis of the specific requirements. The company is a pure play renewable energy producer in India with a diversified portfolio comprising solar, wind, hybrid and firm and dispatchable renewable energy (FDRE) projects. It has an operational capacity of

Premier Energies shares rise 3% as subsidiaries bag orders worth ₹2,703 cr

At 10:00 AM, Premier Energies share price was trading 2.26 per cent higher at ₹1,015.65 per share. In comparison, BSE Sensex was trading 0.49 per cent higher at 80,198.64 levels.

MOFSL sees upto 46% upside in this renewable energy stock; reiterates 'Buy'

Suzlon Energy is also preparing to enter overseas markets, with exports to the Middle East and Europe expected to begin by FY27.

Green energy aided by strong ecosystem, say industry representatives

India's renewable energy sector is growing fast but faces hurdles in financing, transmission, and storage, even as policy support and innovation drive progress toward 2030 targets

Gautam Solar gets Crisil rating upgrade to 'A-/Stable' on strong growth

Renewal energy solutions provider Gautam Solar on Tuesday said Crisil has upgraded its long-term rating to 'A-/Stable' from 'BBB+/Stable' earlier. This achievement highlights the strong fundamentals of Gautam Solar and its solid growth trajectory, constantly strengthening its reputation as a reliable partner in the renewable energy market and a provider of preferred modules for large projects, a company statement said. According to the statement, Gautam Solar Pvt Ltd (GSPL), having 28+ years of experience in solar module manufacturing, has received the long-term rating of CRISIL A-/Stable and a short-term rating of CRISIL A2+, a recognition that signifies the company's financial strength, capability, longer-term reliability and bankability of its solar modules. Earlier, the firm had a CRISIL BBB+/Stable long-term and CRISIL A2 short-term rating. The major upgrade to CRISIL A- is a true measure of Gautam Solar's strengthened business profile, strong financials, and sustained track .

Datanomics: India's solar-module exports to the US face duty heat

The US is India's largest solar panel export market. Since FY23, it has accounted for more than 95 per cent of such exports by India

ALCM could impact 20-25 GW of renewable energy capacity, says report

JMK Research said ALCM implementation from June 2026 could hinder 20-25 GW of green open access projects due to shortage and high prices of DCR modules.