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APERC proposes lower CUF norm for small hydro projects
The Andhra Pradesh Electricity Regulatory Commission has issued a draft amendment to its tariff regulations for renewable energy sources. The proposal lowers the minimum normative CUF for small hydro stations from 40 per cent to a project-specific level of not less than 30 per cent. The Commission notified the principal tariff regulation for renewable energy…
Global energy investment to rise to USD 3.3 trillion in 2025: IEA
Global energy investment is set to reach USD 3.3 trillion in 2025, up 2% from 2024, according to a report from the International Energy Agency (IEA), World Energy Investment 2025. Around USD 2.2 trillion will go to clean energy, double the USD 1.1 trillion set for fossil fuels. China, Europe, the US, and India drove…
Insolation Energy secures LoI for 38.43 MW solar projects in Rajasthan
Insolation Energy Limited has received a Letter of Intent (LoI) from Ajmer Vidyut Vitran Nagar Limited (AVVNL) and Jaipur Vidyut Vitran Nigam Limited (JVVNL) to set up cumulative 38.43 MW grid-connected solar power plant across Rajasthan. The projects will be developed under Component A of the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM)…
PIGL wins Rs 9.5 crore order for 5 MW solar project in Gujarat
Power & Instrumentation (Gujarat) Limited (PIGL) has secured a work order worth Rs 9.5 crore from Sadashiv Projects India Private Limited. The order covers design, engineering, supply, erection, installation, testing, and commissioning of equipment for a 5 MWp ground-mounted solar project at multiple sites in Gujarat. The scope of work includes material supplies and associated…
GEON commissions 2.88 GWh BESS project at Khavda
GEON (Green Energy ON), the future technologies division of Kabra Extrusiontechnik Ltd, has integrated and commissioned a 2.88 GWh battery energy storage system (BESS) at Khavda. The company said the project was completed within five months and is now fully operational. The installation is among the largest utility-scale BESS deployments in India and forms part…
Havells to invest Rs 6 billion in Goldi Solar
Havells India Limited has signed a binding term sheet to invest Rs 6 billion in Goldi Solar Private Limited. This investment is part of Goldi Solar’s proposed fundraise of up to Rs 13 billion, expected to close within 75 days from the announcement. The move aligns with Havells’ broader strategy to grow its footprint in…
