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Bharat Petroleum Wins 150 MW of Solar in NTPC Auction With INR 2.55/kWh Bid
India’s Bharat Petroleum has offer the lowest bid of INR 2.55 ($0.03)/kWh in NTPC’s new 1.2 GW solar auction, securing 150 MW of project capacity.Im
Oil & Gas
India to Overtake China in Crude Oil Consumption by 2024, 2025
Representation imageIndia is poised to overtake China as the leading source of growth in global crude oil consumption.In 2024 and 2025, India will account for o
Hydrogen
Avaada Group Commits $12B to Transform Rajasthan Into a Global Renewable Energy Hub With Green Hydrogen and Ammonia Investments
Avaada Group, a leading name in the renewable energy sector, has announced an unprecedented investment of $12bn in Rajasthan, India, for accelerating green ener
Solar
Sterling and Wilson Wins $141 Million Deal for 500 MW Solar Project in India
Sterling and Wilson Renewable Energy has won an engineering, supply (excluding PV modules), and construction contract for a 500 MW (AC) solar PV plant in the In
Solar
Bifacial Perovskite Solar Can Achieve Bifaciality of 90% When Tilted at 20 Degrees
New research from India has shown that bifacial perovskite solar cells can achieve a 2% higher power conversion efficiency with a tilt angle of 20 degrees. The
Oil & Gas
Venezuela Sends Crude to India in New Deal
A high-seas oil tango is back on between Venezuela's state oil company PDVSA and India’s Reliance Industries, rekindling a swap arrangement paused by
Oil & Gas
India to Surpass China as Leading Contributor to Global Oil Consumption Growth in 2024, 2025
India has become the primary driver of growth in global oil consumption for 2024 and 2025, surpassing China, which consistently led global oil consumption growt
Solar
Waaree Starts Solar Module Production at Its USA Facility
Waaree Solar Americas has started trial production of PV modules at its facility in Texas. The facility is set to fully commission its Phase-1 manufacturing cap
Solar
Indian Solar Cells Costs More Than Chinese Imports, Says Crisil
India’s domestically manufactured solar cells cost 1.5 to two times more than Chinese imports, even after customs duties, says CRISIL Market Intelligence
Oil & Gas
Transocean Drillship Gets $111 Million to Stay Longer at Drilling Gig Offshore India
Switzerland-based offshore drilling contractor Transocean has secured a multi-well contract extension for one of its drillships off the coast of India.Reliance
Energy Storage
India to Mandate Energy Storage for Photovoltaic, Wind Power Projects
India’s Ministry of New and Renewable Energy (MNRE) may soon introduce new policies which will mandate the inclusion of battery storage in new solar and wind p
Solar
Gensol Engineering Secures 22 MW C&I Solar PV Project in Punjab
Gensol Engineering Ltd has secured a 22 MW ground-mount solar PV project with an order value of INR 88 crore from a steel company in Punjab.Gensol Engineering L
Solar
Federal Bank, Ecofy Partner on Financing for MSME Rooftop Solar
The co-lending program targets financing 3,600 kW of rooftop solar installations annually, benefiting numerous micro-, small and medium-sized enterprises (MSMEs
Solar
Coal India Ltd Launches 1 GW Solar EPC Tender
Coal India Ltd has invited EPC bids for its 1 GW solar power project planned in Rajya Vidyut Utpadan Nigam Ltd’s solar park in Rajasthan. Bidding closes o
Solar
ALMM Cell Mandate Will Drive Up Capital Cost for Solar Developers, Says Crisil Report
The prices of domestically manufactured solar cells are 1.5-2 times more than alternatives from China even after basic customs duty. Such high prices can drive

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