Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited) has received a Letter of Intent (LoI) to develop a 105 MWp solar power project on an engineering, procurement, and construction (EPC) basis in India.
The LoI, valued at Rs 2,772 million, was awarded on January 20, 2025. The project is scheduled for completion in the financial year 2026.
The World Bank has evinced interest in funding a Shore-Electric-Power-Supply Project aimed at decarbonising port operations at Jawaharlal Nehru Port Authority (JNPA), near Mumbai. Bids for the project are expected to be invited by July 15, 2025. The estimated cost for this initial phase is Rs 1,000 million. JNPT has drawn up a plan to…
ENGIE North America has signed an environmental attributes purchase agreement (EAPA) with Meta to supply 260MW of renewable energy from its Sypert Branch solar project near Austin, Texas. The solar facility, located close to Meta’s data centre in Temple, will deliver 100% of its output to Meta, advancing the tech giant’s renewable energy portfolio, which…
Singapore-based VFlowTech has secured $20.5 million to scale its long-duration energy storage business in India. The funding round was led by Granite Asia, with participation from Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and several existing investors including İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First. The company plans to…
Alpha Omega Power (AOP) has acquired and secured financing for the 100 MW/400 MWh Caballero battery energy storage project located in Nipomo, California. Developed in partnership with Fengate Asset Management, the project aims to enhance energy supply in San Luis Obispo County and will serve the California ISO (CAISO) market. The battery storage system will…
Power Finance Corporation Ltd (PFC) has announced the incorporation of SR and ER Power Transmission Limited as a wholly owned subsidiary of PFC Consulting Ltd, according to its stock exchange filing dated August 22, 2025. The special-purpose vehicle has been created for the development of the “Inter-Regional Strengthening between SR Grid and ER Grid” project….
Stavian Group is investing USD 22 million in a Battery Energy Storage System (BESS) project at the Stavian Complex in Hung Yen province, Vietnam. Developed through a joint venture with Juhang Energy Technology (Singapore), the project will cover over 5 hectares and focus on manufacturing energy storage systems, EV charging equipment, and electric cables. The…