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Oyster Renewable, Jindal Stainless commission 315.6 MW hybrid project
Oyster Renewable Energy Private Limited and Jindal Stainless Limited have announced the part commissioning of a 315.6 MW solar-wind hybrid renewable energy project in Agar-Malwa, Madhya Pradesh, with the Gujarat component yet to be completed. The project involves a total investment of over Rs 2,000 crore, including Rs 132 crore committed by Jindal Stainless. Of…
NTPC Green commissions 165 MW at Khavda-II solar project
NTPC Green Energy Limited has declared commercial operation of a 165 MW capacity at the Khavda-II Solar Photovoltaic (PV) Project in Gujarat, effective March 19, 2026. The update was disclosed in a regulatory filing dated March 18, 2026. Project updateThe commissioned capacity forms part of the 1,200 MW Khavda-II Solar PV Project being developed by…
Neoenergia sells Baixo Iguaçu hydroelectric plant in Brazil
Neoenergia, Iberdrola’s Brazilian subsidiary, has sold its 70% stake in the Baixo Iguaçu Hydroelectric Power Plant to EDF and STOA for 1,430 million Brazilian reals (approximately €240 million). Located in Paraná, the plant has an installed capacity of 350 MW and assured energy of 172 MWm. This transaction supports Iberdrola’s asset rotation strategy, focusing on…
Tamil Nadu solar potential highest in Virudhunagar, 205 GW feasible
Virudhunagar leads Tamil Nadu’s districts with the highest solar potential at 204,765 MWp, equivalent to around 205 GW. Ground-mounted solar potential is estimated at 24 GW in Virudhunagar, 13 GW in Trichy, and 12 GW each in Tirunelveli and Tuticorin, with other districts below 10 GW. A 50 MW SPV plant requires approximately 0.29 km²…
Davidson Kempner and NIC acquire Greencells’ solar and storage platform
Davidson Kempner Capital Management and Nature Infrastructure Capital (NIC) have jointly acquired Greencells Group’s Netherlands-based solar and storage project development platform. The platform specializes in utility-scale solar and battery projects across Europe and Canada, with a development pipeline of 4 GW. Financial details of the acquisition have not been disclosed. The platform has grown significantly…
MNRE clarifies ALMM List-II exemption for rooftop solar projects
The Ministry of New and Renewable Energy (MNRE) has clarified the procedure for rooftop solar projects installed before June 1, 2026, but not yet commissioned under net-metering, to seek exemption from Approved List of Models and Manufacturers (ALMM) List-II requirements for solar photovoltaic (PV) cells. In an office memorandum issued on June 15, 2026, MNRE…
