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Maharashtra signs MoUs worth Rs 15,600 crore for renewable energy projects
The Maharashtra government has signed a series of investment agreements to strengthen its renewable energy and digital infrastructure sectors. A key highlight is the commitment of Rs 15,600 crore towards solar manufacturing. Jupiter International will invest Rs 10,900 crore to set up facilities for solar wafer, cell, and module production at Butibori in Nagpur district….
Blueleaf and Jakson achieve financial close for 840 MWp Rajasthan solar projects
Blueleaf Energy and Jakson Green have achieved financial close for their 840 MWp Bikaner solar projects in Rajasthan, marking the completion of funding for the partners’ 1 GWp Rajasthan Solar Portfolio. The financing was secured with Axis Bank. The portfolio includes two ground-mounted solar plants of 280 MWp and 560 MWp capacity. These projects are…
Jindal Stainless commissions 30.34 MWp solar projects in Odisha
Jindal Stainless Limited (JSL) has successfully commissioned rooftop and floating solar power projects with a cumulative capacity of 30.34 MWp at its manufacturing plant in Jajpur, Odisha. The projects were commissioned on April 22, 2025, with 23.02 MWp from rooftop solar systems and 7.32 MWp from a floating solar plant. AB Energia Solutions Private Limited…
ADB approves USD 460 million loan for Maharashtra’s agricultural solarisation
The Asian Development Bank (ADB) has approved a USD 460 million results-based loan to upgrade Maharashtra’s rural power infrastructure and promote distributed renewable energy. The initiative aims to provide farmers with reliable daytime solar electricity for irrigation, improving agricultural productivity and supporting the state’s clean energy goals. The Maharashtra Power Distribution Enhancement Program (MPDEP) for…
European clean energy stocks fall amid Trump’s victory and policy concerns
European clean energy stocks declined sharply following Donald Trump’s US presidential election victory, triggering investor concerns over potential setbacks in US renewable energy support and climate policy. Trump has signaled intentions to halt offshore wind projects and undo several climate regulations established by Joe Biden, including the Paris Agreement and the Inflation Reduction Act’s clean…
SAEL Solar wins NTPC REL order for 585.8 MWp Chitrakoot-1 project
SAEL Industries Ltd has announced that its subsidiary, SAEL Solar P6 Pvt Ltd, has received a Letter of Award (LoA) from NTPC Renewable Energy Ltd (NTPC REL) for the supply of TOPCon solar photovoltaic (PV) modules for the 585.8 MWp Chitrakoot-1 solar PV project in Uttar Pradesh. According to the company, the order represents the…
