MNRE Notifies CFA Release Mechanism Under ULA Model of PM Surya Ghar Yojana

The Ministry of New and Renewable Energy has outlined a new payment release process under the Utility Led Aggregation (ULA) model of the PM Surya Ghar Muft Bijli Yojana, mandating that subsidies be released only after the successful installation and commissioning of rooftop solar systems.

Policies & Regulations | 09/10/2025 | By Mrinmoy Dey

Rajasthan Awards 1GW/2GWh Standalone BESS Tender at Record-Low Tariffs

RVUNL awards 1GW/2GWh standalone BESS tender in Rajasthan at record-low tariffs of INR 1.775–1.785 lakh/MW/month, with eleven developers emerging as winners in a highly competitive auction.

Business | 08/10/2025 | By EI News Network

Maharashtra Unveils SMART Solar Scheme Offering up to 95 Percent Subsidy

Maharashtra has launched the Swayampoorna Maharashtra Residential Rooftop (SMART) Solar Scheme to help low-income households consuming less than 100 units of electricity per month become power self-sufficient, offering subsidies of up to 95 percent for installing rooftop solar systems under the state’s new initiative.

Policies & Regulations | 07/10/2025 | By Mrinmoy Dey

NaMo Semiconductor Lab to be Set Up at IIT Bhubaneswar with INR 4.95 Crore Funding

Electronics and IT Minister Ashwini Vaishnaw has approved the establishment of the ‘NaMo Semiconductor Laboratory’ at IIT Bhubaneswar with an investment of INR 4.95 crore under the MPLAD Scheme.

Business | 06/10/2025 | By Mrinmoy Dey

MNRE Advises RE Agencies to Comply with GFR Rules, Avoid Short-Window Bids

MNRE has issued an advisory directing renewable energy agencies to ensure compliance with procurement rules and avoid issuing tenders with unusually short submission timelines.

Policies & Regulations | 06/10/2025 | By EI News Network

Mitarsh Energy Secures 375 MWp Solar O&M Contract from Hero Future Energies

Mitarsh Energy Private Limited has secured a prestigious 375 megawatt peak (MWp) solar O&M contract from Hero Future Energies Private Limited.

Other Energy Applications / Sustainable Transport | 26/05/2025 | By News Bureau

Deriva Energy Secures USD 127 Mn Debt Financing for 207 MW Wind and 250 MW Solar Project in US

Deriva Energy has secured USD 127 million in debt financing for two operating renewable energy projects – 207 MW Ledyard Wind project in Iowa and 250 MW Pisgah Ridge Solar project in Texas.

Investment & Trading | 26/05/2025 | By Mrinmoy Dey

TAQA Morocco Partners with Public, Private Sector to Power Morocco’s Green Future

TAQA Morocco signs USD 14 billion agreements with Moroccan partners to develop desalination plants, renewable energy, gas-fired power, and transmission infrastructure, boosting the Kingdom’s energy transition goals.

Middle East Market | 25/05/2025 | By EI News Network

Iran Allocates USD 1.5 Billion to Boost Solar Power Infrastructure

Iran has approved USD 1.5 billion in funding for importing solar power equipment, aiming to build 7,000 MW of capacity to combat electricity shortages and expand its renewable energy program.<br />

Middle East Market | 25/05/2025 | By EI News Network

Blue Planet Hosts CII Delegation in Singapore to Boost Waste to Worth Tech Collaboration

Blue Planet hosted the CII Waste to Worth delegation in Singapore, fostering cross-border collaboration on waste management, showcasing innovations, and advancing sustainable solutions to support India and Singapore’s Net Zero goals.

Business | 25/05/2025 | By EI News Network

Bondada Engineering Secures INR 9,000 Crore Solar Power Project in Andhra Pradesh

Bondada Engineering has secured INR 9,000 crore project to develop a 2600 MWp solar power plant in Andhra Pradesh, creating 3,900 jobs under the state’s Clean Energy Policy 2024.

Business | 25/05/2025 | By EI News Network

CERC Drafts Guidelines for Virtual Power Purchase Agreements to Boost RE Consumption

CERC has proposed guidelines for Virtual Power Purchase Agreement, which will enable designated consumers to meet renewable energy consumption obligation targets. This is expected to support India’s 500 GW clean energy mission.

Policies & Regulations | 25/05/2025 | By EI News Network

Juno Joule, Germany’s Select Energy Group Partner for Green Ammonia Project in Andhra Pradesh

Juno Joule and Germany’s Select Group signed an MoU at the World Hydrogen Summit to jointly develop and export green ammonia from Andhra Pradesh, boosting Indo-German clean energy ties.

Business | 24/05/2025 | By EI News Network

SJVN Invites Bids for Wind Turbine Repairs in Maharashtra

SJVN has floated a tender for restoring four 850 kW wind turbines at Khirvire, Maharashtra. MSMEs can benefit from EMD exemptions and price preference under this one-time remedial contract.

Business | 24/05/2025 | By EI News Network

Bajel Projects Doubles Revenue to INR 2,629 Crore in FY25, PAT Jumps 260 Percent

Bajel Projects doubled its FY25 revenue to INR 2,629 Crore with a 260 percent surge in PAT. Strong execution and efficiency drove a 152 percent rise in EBITDA to INR 90.17 Crore.

Business | 23/05/2025 | By EI News Network

 
 
 
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