Avaada Group has pledged an investment of Rs 1 trillion to transform Rajasthan into the world’s largest renewable energy hub.
This initiative aims to drive green manufacturing, create millions of jobs, and contribute to the state’s economic empowerment.
The Renewables Infrastructure Group (TRIG) has secured a power purchase agreement (PPA) with Qair France and partners to supply renewable electricity to the Hyd’Occ hydrogen production facility in Port-la Nouvelle, Aude, France. Electricity will be sourced from TRIG’s two onshore wind farms in the Occitanie region, supporting sustainable energy initiatives in the area. The Hyd’Occ…
Indian Renewable Energy Development Agency Ltd. (IREDA) has finalized a joint venture agreement with SJVN Ltd., GMR Energy Ltd., and Nepal Electricity Authority (NEA) to develop the 900 MW Upper Karnali Hydroelectric Project in Nepal. The agreement outlines a framework for project development, construction, operation, and maintenance under a Build-Own-Operate-Transfer (BOOT) model. The project will…
Mumbai-based diesel generator and power solutions manufacturer Powerica has raised Rs 329.4 crore from 17 anchor investors ahead of its public issue, which opened on March 24. The company allotted 83.39 lakh shares at the upper end of its price band of Rs 375–395 per share. Domestic mutual funds led the anchor book, with eight…
SB Energy Global, backed by SoftBank Group, has commenced commercial operations for the Orion Solar Belt projects—Orion I, Orion II, and Orion III—in Milam County, Texas. The combined capacity of these utility-scale solar projects is 875 MWdc, contributing to the Texas power grid. The project utilizes over 1.3 million American-made solar modules, featuring domestic steel…
NTPC Green Energy Limited (NGEL), a subsidiary of NTPC Limited, signed a Memorandum of Understanding (MoU) with the Government of Uttar Pradesh on January 22, 2026, for the development of renewable energy and green hydrogen projects in the state. The MoU was signed on the sidelines of the World Economic Forum Annual Meeting in Davos,…
Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) aims to transmit 76.1 billion TWh of electricity through its networks in 2025, an increase from 74 TWh in 2024. In 2024, NEGU made significant improvements, including adding 543 km of high-voltage transmission lines, 1,627 MVA capacity substations, and repairing 309 transformers and over 6,400 km of…