|

MoU signed to explore renewable projects in ASEAN countries

By

Founder Energy Sdn Bhd, a subsidiary of Reservoir Link Energy Bhd (RLEB), has signed a memorandum of understanding (MoU) with MN Power Transmission Sdn Bhd to explore renewable energy projects, including solar, biogas, and biomass, in Malaysia and other ASEAN countries. The MoU focuses on collaboration in project identification, technical expertise sharing, and implementation, supporting RLEB’s expansion in the renewable energy sector and contributing to future growth.

|

Vanda RE to supply 300 MW of solar power to Singapore

By

Vanda RE Private Limited, a joint venture led by Gurīn Energy, has received a conditional license from the Energy Market Authority to supply 300 MW of solar power to Singapore. The power will be sourced from the larger Vanda Solar & Battery Project, which will have a total capacity of 2,000 MW of solar power and 4,400 MWh of battery storage. Set to commence commercial operations by 2028, the project aims to provide clean energy…

|

Microsoft and Constellation Energy sign deal to restart Three Mile Island nuclear unit

By

Microsoft and Constellation Energy have entered into a power deal to restart Unit 1 of the Three Mile Island nuclear plant in Pennsylvania, the first-ever nuclear plant revival of its kind. The deal comes amid surging electricity demand from data centers driven by advancements in artificial intelligence and cloud computing. Nuclear energy, with its nearly carbon-free and reliable nature, is gaining favor among tech companies for meeting both power needs and climate commitments. Constellation plans…

|

Delhi mandates replacement of CNG Gramin Sewa vehicles with electric models

By

Sewa vehicles, registered under the 2010-11 scheme, with electric vehicles (EVs). This move is part of the city’s efforts to promote cleaner and more sustainable transportation. Gramin Sewa, introduced in 2011, allows three-wheelers to carry up to six passengers and operate in rural areas and resettlement colonies. The transport department’s order specifies that new electric Gramin Sewa vehicles must have a maximum seating capacity of six passengers plus a driver and be approved by the…

|

Rajasthan Atomic Power Project’s Unit 7 achieves criticality

By

The Rajasthan Atomic Power Project’s Unit 7 (RAPP-7) reached a major milestone, achieving criticality—the start of a controlled nuclear fission chain reaction. RAPP-7, part of the 2×700 MW twin RAPP-7/8 units, is the third of 16 indigenous Pressurised Heavy Water Reactors (PHWR) with a 700 MW capacity, being developed by the Nuclear Power Corporation of India Ltd (NPCIL). The first two 700 MW PHWRs are operational at Kakrapar in Gujarat, with RAPP-7 following at Rawatbhata,…

|

Polysilicon prices expected to rise as Chinese producers cut capacity

By

The price of polysilicon, a crucial material in solar panels, is set to rally by the end of the year as producers cut capacity in response to a sector slump, according to the China Silicon Industry Association. Production declines are being driven by seasonal factors such as an upcoming public holiday in early October and reduced hydropower output, which is pushing up power costs. Polysilicon prices in China have plummeted 85% since mid-2022 due to…

|

Indian Railways to invest Rs 1.74 trillion by 2025, transforming infrastructure and operations

By

Indian Railways is on a transformative journey with total investments projected to reach Rs 1.74 trillion between fiscals 2016 and 2025, according to a CRISIL report. This represents a compound annual growth rate (CAGR) of 12%, positioning Indian Railways as a key driver in India’s push toward becoming a high-income economy. The report highlights major infrastructure advancements, including the electrification of over 94% of the broad-gauge network as of fiscal 2024, along with ongoing modernization…

|

Sunsure Energy to supply 20 million units of clean power annually to Kirloskar

By

Sunsure Energy has signed a 13.5 MWp solar Open Access Power Purchase Agreement (PPA) with Kirloskar Brothers Ltd (KBL) to supply 20 million (2 crore) units of clean power annually. The solar energy will power KBL’s manufacturing facilities in Kirloskarvadi and Kolhapur, meeting 75% of their energy needs from renewable sources. This transition will help KBL offset 14,200 metric tonnes of CO2 emissions each year. Sunsure Energy, founded in 2014, specializes in renewable energy solutions,…

|

GUVNL announces green financing fund for renewable energy projects

By

Gujarat Urja Vikas Nigam Ltd (GUVNL) has launched a green financing fund in partnership with sovereign wealth funds, green funds, and multilateral agencies, as announced at the 4th Global Renewable Energy Investors Meet and Expo (RE-INVEST). The fund will provide direct financial resources to developers winning GUVNL’s renewable energy bids. This initiative follows a roundtable on ‘Climate Finance Opportunities for Gujarat,’ chaired by Kanubhai Desai, Gujarat’s Minister of Finance, Energy, and Petrochemicals, who emphasized the…

|

Reliance Power settles Rs 38.72 billion guarantee for VIPL

By

Reliance Power Ltd has announced that it had fully settled its Rs 38.72 billion obligation as a guarantor for Vidarbha Industries Power (VIPL). The settlement has resulted in the release of all corporate guarantees, undertakings, and obligations linked to the outstanding debt. As part of the agreement, 100% of VIPL’s shares have been pledged to CFM Asset Reconstruction, relieving Reliance Power of its corporate guarantee commitments. The company also confirmed it is now debt-free with…