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Sterling and Wilson sets up a new subsidiary in Romania
Sterling and Wilson Renewable Energy Limited has formed a new step-down subsidiary in Romania as part of its international project development strategy. The company said its Dubai-based subsidiary, Sterling and Wilson International Solar FZCO, incorporated Sterling and Wilson Renewable Energy S.R.L on 08 December 2025. The company stated that the Romanian subsidiary will focus on…
ARCO/Murray to build Boviet Solar’s manufacturing hub in North Carolina
ARCO/Murray has been selected to construct a solar manufacturing hub for Boviet Solar in North Carolina, USA. The project, expected to create 900 local jobs, will be executed in two phases to expand solar module and cell production. Phase one, which began in Q3 2024, involves converting an existing 500,000 square-foot facility into a state-of-the-art…
MNRE adds Fujiyama to ALMM-II with 437 MW cell capacity
The Ministry of New and Renewable Energy (MNRE) has included Fujiyama Power Systems Limited in the fifth revised edition of the Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic cells. The company’s facility in Gautam Buddha Nagar, Uttar Pradesh, has been enlisted with an approved capacity of 437 MW per year. The…
Gensol Engineering plans Rs 3.5 billion sale of US subsidiary
Gensol Engineering Limited has signed a non-binding term sheet for a Rs 3.5 billion strategic transaction to sell its US subsidiary, Scorpius Trackers, to a major renewable energy solutions provider in the US. The deal includes the transfer of exclusive global intellectual property rights for Scorpius Trackers’ advanced solar tracking technology. The transaction will be…
SC: Power regulators cannot probe franchisees under Section 128 of Electricity Act
The Supreme Court has held that electricity regulators cannot directly investigate power distribution franchisees under Section 128 of the Electricity Act, 2003. It clarified that such franchisees fall outside the direct jurisdiction of regulatory commissions and can only be overseen through the licensed distribution companies that appoint them. A bench comprising Justices J B Pardiwala…
ADB approves USD 650 million loan for India’s rooftop solar program
ADB has approved a USD 650 million policy-based loan to support India’s plan to expand rooftop solar and deliver clean, affordable electricity to 10 million households by 2027. The funding is part of Subprogram 1 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program, which is linked to the Pradhan Mantri Surya Ghar…
