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Masdar, EDF Renewables sign PPA with Soluna for wind power
EDF Renewables North America and Abu Dhabi Future Energy Company (Masdar) have signed a power purchase agreement (PPA) with data center developer Soluna Holdings. Under this agreement, Soluna will purchase up to 166 MW of energy from the Las Majadas wind project to power its upcoming data center, Project Kati, near the wind project’s substation…
MCX gets SEBI nod to launch electricity derivatives contracts
The Multi Commodity Exchange of India Ltd. (MCX) has received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives contracts. This marks a major step in the evolution of energy trading in India. The launch is supported by both SEBI and the Central Electricity Regulatory Commission (CERC), reflecting a strong…
MoEFCC clears EIA study for Upper Bhavani pumped hydro project
The Ministry of Environment, Forest and Climate Change (MoEFCC) has granted initial approval to carry out an environmental impact assessment (EIA) study for the 1,000 MW Upper Bhavani Pumped Storage Hydro Power Project in Tamil Nadu. Located in the Nilgiris district, the project is designed to have a capacity of 1,000 MW (4×250 MW). It…
PM inaugurates 1,300 MW NHPC and SJVN solar projects in Rajasthan
Prime Minister Shri Narendra Modi virtually inaugurated two major solar power projects in Rajasthan on July 4, 2026, adding a combined 1,300 MW of renewable energy capacity. The projects include NHPC Limited’s 300 MW Karnisar Solar Power Plant in Bikaner and SJVN Limited’s 1,000 MW Bikaner Solar Power Project, also in Bikaner. The Prime Minister…
Waaree Energies begins work on 10 GW solar ingot and wafer plant in Nagpur
Waaree Energies Limited has begun construction of a 10 GW integrated solar ingot and wafer manufacturing facility at Butibori in Nagpur, Maharashtra. The company stated that the project will be the largest solar ingot and wafer manufacturing complex in India. The groundbreaking ceremony was attended by Maharashtra Chief Minister Devendra Fadnavis along with the company’s…
ACME Solar commissions BESS phases in Bikaner and Jaisalmer
ACME Solar Holdings Limited (ASHL) has commissioned new phases of its Battery Energy Storage System (BESS) projects at two locations in Rajasthan, with both achieving commercial operation date (COD) on March 25, 2026. At Bikaner, ASHL commissioned the first phase of 60 MW / 269.606 MWh through its wholly owned subsidiary ACME Surya Power Private…
