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MNRE advises 10% DC capacity tolerance for PM Surya Ghar rooftop solar
The Ministry of New and Renewable Energy (MNRE) has advised Distribution Companies (DISCOMs) and Electricity Departments to allow up to 10% tolerance in the DC capacity of rooftop solar systems while processing net metering applications under the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY). The advisory, issued in March 2026, addresses cases where net…
Bajel Projects forms 50:50 JV with ASC in Saudi Arabia
Bajel Projects Limited has signed a joint venture agreement with Al Sharif Contracting and Commercial Development Company (ASC) to set up a new entity in the Kingdom of Saudi Arabia. The agreement, executed on February 17, 2026, establishes a 50:50 partnership to pursue Engineering, Procurement, and Construction (EPC) opportunities in the high-voltage transmission and substation…
TVS Motor signs MoU with ALT Mobility for 3,000 EVs
TVS Motor Company has signed a Memorandum of Understanding (MoU) with ALT Mobility to lease and deploy up to 3,000 electric three-wheelers, both passenger and cargo, in the financial year 2025-26. Under the agreement, TVS Motor will supply the vehicles, while ALT Mobility will manage procurement, leasing, and financing through its network. The companies will…
Avaada Group secures PPAs for 14 GW renewable energy projects
Avaada Group, through its subsidiary Avaada Energy, has secured long-term power purchase agreements (PPAs) for 14,000 MW of renewable energy projects. The company has already commissioned 5,200 MW of renewable energy capacity across nine states and aims to achieve full operational capacity by 2027. Earlier this month, Avaada Group commissioned a 1,500 MW solar module…
Chhattisgarh attracts Rs 151.84 billion investment for renewable energy
Chhattisgarh has secured investment proposals worth Rs 151.84 billion from top companies in sectors like semiconductors, electric vehicles (EV), and renewable energy. The highest proposal of Rs 115 billion comes from Renew Power Limited for pump storage and green hydrogen projects. Other notable investments include Rs 16.5 billion from TWI Group for EV kit manufacturing,…
Huasun Energy to supply 1 GW of HJT solar modules for Power China’s offshore PV project
Huasun Energy has secured a 1 GW contract to supply its n-type heterojunction (HJT) solar modules to Power China for offshore solar projects in Aoshan Bay, Jimo District, Qingdao, Shandong Province. Known for challenging soft soil conditions, the region requires modules with high water resistance, corrosion protection, and durability. Huasun’s G12-132 V-Ocean HJT solar modules,…
