Solar Stocks Shine: Waaree, Inox Wind, and GAIL Lead Weekly Gains in Renewable Energy
Indian solar energy companies got a lot of attention this week. Investors show interest in stock because of new global orders, government support, and many new solar projects expected to start soon. Waaree Energies started with a positive performance in the week, with...
IFC to Invest $55 Million in IndiGrid’s Project in Gujarat
International Finance Corporation (IFC) is collaborating with IndiGrid to develop a renewable energy project in Gujarat. This project will be a battery energy storage project. IFC will invest $55 million as long-term funding in IndiGrid. Out of this investment, $38.5...
India’s Rural Solar Revolution: Model Villages in Himachal and Karnataka Lead the Way
India is taking strong steps to promote solar power in rural areas through a new "model solar village” in both Himachal Pradesh and Karnataka. In Shimla, Tyawal, Chhakdel, Nerwa, and Sunda Bhaura have been shortlisted to become the model solar village under the PM...
IKEA, Famous for Furniture and Meatballs, Now Sells DIY Solar Kits in Germany
IKEA, best known for its affordable furniture and in-store cafes, is now stepping into the renewable energy space. The Swedish brand has started offering plug-and-play balcony solar kits in Germany through a partnership with Svea Solar. These DIY kits allow users to...
Solex Green to Develop Solar Plants Worth ₹68.7 Crore in Gujarat
Solex Green Energy, under Gujarat’s Distributed Renewable Energy Bilateral Purchase Policy (DREBP), received a project to develop multiple solar plants. The overall project size is 24.1 MW. The value of these projects is ₹68.685 crore. The projects are expected to be...
Clean Energy Leaders Join Hands to Establish 300 MW of Renewable Energy Projects
Toyota Tsusho India and CleanMax have collaborated to develop 300 MW of clean energy projects in India. The project deadline is set for 2028. This partnership aims to provide services to Japanese companies in India. Their goal is to work towards green energy solutions...
Ardian Clean Energy Evergreen Fund Goes to Italy, Adds 116 MW Plant to Its Portfolio
Ardian, an investment firm, has acquired a 116 MW portfolio of 117 solar PV plants in Italy. The solar power plants have been operating at full capacity for over 10 years. They have also been upgraded to the latest solar technology. These upgrades have led to...
Wavja’s Photonic Energy: A Game-Changer in Clean Power
Wavja, a New York-based company, has introduced a revolutionary development. The company has presented a new and different method, instead of the usual solar panels or wind turbines, to produce energy. In this technique, Wavja has introduced its third-generation...
Installed Solar to Save Money, Got ₹1.34 Lakh Bill Instead: Is This India’s Worst Net Metering Failure?
A teacher living in Boulevard, Puducherry, installed solar in August 2024, influenced by the government initiative and neighbouring residences. She was hoping to earn money from it and reduce her electricity bill, but this turned out to be a horrifying event for her....
SBI to Light Up 40 Lakh Homes with Solar Rooftop Scheme
The State Bank of India (SBI) has launched an initiative to light up 40 lakh indian homes with solar energy by the financial year 2026-2027. The title of this scheme is “SBI Solar Rooftop Program”. The plan was announced during SBI’s 70th anniversary. The program aims...
