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India
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
Hydrogen
India’s Green Hydrogen Leap Presents INR 8-10 Trillion Opportunity
India’s target of achieving 5 million tonnes per annum of green molecule production by 2030 presents an investment opportunity of INR 8-10 trillion across
Energy Storage
Reliance Power Arm Secures LoA for 930 MW Solar With 465 MW/1,860 MWh Battery Storage
This is India’s single largest project of solar and battery storage system.Reliance Power announced today its arm Reliance NU Suntech has received the Letter o
Solar
Grew Energy to Supply 500 MW of PV Modules for Jindal Renewable’s Solar Project
Grew Energy will supply PV modules for Jindal Renewable’s upcoming solar project to power steel production.Grew Energy is set to supply 500 MW of PV modul
Oil & Gas
India’s Crude Oil Imports From Russia Drop 55% in November, Lowest Since June 2022
India's import of Russian crude dropped to its lowest level since June 2022 in November this year, reported the news agency PTI on Sunday, December 15, citi
Solar
Waaree Energies Secures Module Orders for 398 MW of Solar Projects
Waaree Energies has secured PV module supply orders for two solar projects of 249 MW and 149 MW, respectively. The orders have been placed by a domestic renewab
Solar
RMC Switchgears to Set Up 1 GW Solar Module, Mounting Structure Manufacturing Facility
RMC Switchgears will build a solar manufacturing facility with an annual production capacity of 1 GWp of PV modules and an equivalent capacity of module mountin
Energy Storage
ACME Solar Secures 250 MW Renewables-Plus-Storage Project in NHPC Auction
With the latest win, Acme Solar’s overall renewables portfolio has increased to around 7 GW.Acme Solar Holdings Ltd has secured 250 MW in NHPC’s auc
Solar
NTPC Tenders BoS Package for 1.5 GW Solar in Rajasthan
NTPC Green Energy Ltd (NGEL) has tendered the balance-of-system package for 1.5 GW of grid-connected solar PV projects in Bikaner, Rajasthan.NTPC Green Energy L
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