The Central government has approved the development of a 2,000 MW solar park in Rajasthan, with 30 per cent central financial assistance. The project will be developed by Rajasthan Solar Development Corporation.
Rajasthan currently has an installed renewable energy capacity of 30.31 GW, with solar power contributing 24.55 GW.
The Telangana State Electricity Regulatory Commission (TSERC) has approved the state’s first utility-scale Battery Energy Storage System (BESS) project, adopting tariffs discovered through a global competitive bidding process for 375 MW/1,500 MWh of storage capacity. The project comprises two standalone BESS installations of 187.5 MW/750 MWh each at the 400 kV substations at Maheshwaram and…
ReNew Energy Global PLC is preparing to raise around $500 million through a U.S. dollar-denominated bond issuance routed via the International Financial Services Centre (IFSC) at Gujarat International Finance Tec-City (GIFT City). The proposed issue is aimed at refinancing existing debt, including a major maturity due in July 2026, and meeting other corporate funding needs….
Serentica Renewables has announced plans to invest Rs 1 lakh crore in Rajasthan over the coming years, with more than Rs 10,000 crore already invested in the state. The company said Rajasthan accounts for more than 50% of its total solar portfolio, with major projects located in Bikaner and Jaisalmer and further expansion planned in…
Power Grid Corporation of India Ltd. (POWERGRID) has announced the full commissioning of a major interstate transmission system and Cabinet approval to raise its equity investment limit per subsidiary. The developments were disclosed in exchange filings on February 24, 2026. POWERGRID’s wholly owned subsidiary, POWERGRID Narala Transmission Limited, has commissioned an Inter-State Transmission System (ISTS)…
Energy solutions provider Qcells has achieved a world record of 28.6% efficiency in tandem solar cells on a full-area M10-sized cell (~0.36ft²) through its research and development (R&D) pilot line in Germany. The milestone, verified by CalLab at the Fraunhofer Institute for Solar Energy Systems, advances perovskite-silicon tandem technology toward scalable solar solutions. The innovation…
The Government of Andhra Pradesh has commissioned 18 transmission projects across the state. These include upgrades such as interconnecting transformer (ICT) capacity augmentation and installation of additional bus reactors to support reactive power management. The completed projects involve seven 400 kV substations and eleven 220 kV substations. The total estimated cost is Rs 10.95 billion….