India

India | News | Renewable Energy

Hygge Energy partners Atria Renewable for P2P rooftop solar trading in Bengaluru
By March 12, 2026March 12, 2026

Hygge Energy has partnered with Atria Renewable to expand peer-to-peer (P2P) rooftop solar trading in Bengaluru. The collaboration aims to scale adoption of decentralised solar trading through Hygge’s blockchain and artificial intelligence (AI)-enabled energy trading platform while operating within the regulatory framework of the Karnataka Electricity Regulatory Commission (KERC). Under the arrangement, Atria Renewable will serve as a preferred installation partner on Hygge’s platform. The two companies will share consumer data and technical inputs to…

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India | Finance | News

ABB to invest $75 million in India to expand manufacturing and R&D
By March 11, 2026March 11, 2026

Swiss-Swedish electrification and automation company ABB has announced plans to invest about $75 million in India in 2026 to expand manufacturing capacity and research infrastructure across multiple locations. The investment, disclosed in a filing to the stock exchanges on March 9, follows more than $35 million invested in India in 2025. With the latest allocation, ABB’s cumulative investment in the country over the past decade exceeds $230 million. The company, which has operated in India…

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India | Finance | Renewable Energy

Cricket stars Suryakumar Yadav, Tilak Varma invest in solar firm TRUZON
By March 11, 2026March 11, 2026

T20 World Cup-winning captain Suryakumar Yadav and cricketer Tilak Varma have taken strategic stakes in TRUZON Solar, a Hyderabad-based solar solutions provider operating under Suntek Energy Systems Pvt. Ltd. The company said the investment adds to its existing group of high-profile backers, which includes Sachin Tendulkar. The investment reflects growing private investor interest in India’s renewable energy sector as the country expands clean power capacity. Charugundla Bhavani Suresh, founder and managing director of TRUZON Solar,…

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India | News | Renewable Energy

India claims second-largest wind market title as global installations hit record
By March 11, 2026March 11, 2026

India became the world’s largest wind market outside mainland China in 2025, surpassing the United States and Germany, according to BloombergNEF’s (BNEF) Global Wind Turbine Market Shares report. The report states that global wind capacity additions reached a record 169 GW in 2025, marking a 38% increase compared with 2024 and the third consecutive year of record installations. Siddharth Shetty, lead wind analyst for India at BNEF, said India’s position reflects the impact of its…

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India | News | Renewable Energy

Waaree Renewable wins EPC contract for 300 MW solar project
By March 11, 2026March 11, 2026

Waaree Renewable Technologies Limited has secured a contract for engineering, procurement and construction (EPC) works for a ground-mounted solar photovoltaic plant with a capacity of 300 MW AC (420 MWp). The company received intimation of the order on March 10, 2026. The project has been awarded by a domestic entity engaged in renewable energy-based power generation. The contract has been classified as a commercial order and is scheduled for completion during the financial year 2027-28….

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India | News | Renewable Energy

Sunsure Energy signs 8 MW solar PPAs with Daeseung Group companies
By March 11, 2026March 11, 2026

Sunsure Energy has signed long-term solar power purchase agreements (PPAs) with Daeseung Autoparts India and Ilgahng Automotive, both part of South Korea’s Daeseung Group, to supply a combined 8 MW of solar power to their manufacturing facilities in Kanchipuram, Tamil Nadu. Under the agreements, electricity will be supplied from Sunsure Energy’s 75 MW solar plant located in Ilayangudi. Daeseung Autoparts India is expected to receive around 8 million units of electricity annually, which will meet…

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India | News | Renewable Energy

NTPC Green commissions 270 MW at Khavda-II solar project
By March 11, 2026March 11, 2026

NTPC Green Energy Limited (NGEL) has declared commercial operation of 270 MW capacity at the 1,200 MW Khavda-II Solar PV Project in Gujarat, effective March 11, 2026. The commissioned capacity represents the third part of the project being developed by NREL, a wholly-owned subsidiary of NGEL and a step-down subsidiary of NTPC Limited. Following this addition, the total commercial capacity of the NGEL Group has reached 9,292.68 MW. The overall installed capacity of the NTPC…

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India | News | Renewable Energy

KPI Green commissions additional 24.2 MW in GUVNL solar project
By March 11, 2026March 11, 2026

KPI Green Energy Limited has commissioned an additional 24.2 MW AC (35.01 MW DC) capacity under its 250 MW AC (350 MW DC) grid-connected solar independent power producer project awarded by Gujarat Urja Vikas Nigam Limited (GUVNL). With this commissioning, the total operational capacity under the project has increased to 48.4 MW AC (69.41 MW DC). The project was secured through a competitive bidding process and is being implemented in phases. The newly added capacity…

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India | Generation | News

NHPC’s 2,400 MW Savitri pumped storage project gets ToR clearance
By March 11, 2026March 11, 2026

NHPC Limited has secured Terms of Reference (ToR) for its proposed 2,400 MW Savitri Open Loop Pumped Storage Project in Maharashtra from the Expert Appraisal Committee (EAC) for River Valley and Hydroelectric Projects. The approval resolves a delay caused by the need for a formal clearance from the Mahabaleshwar–Panchgani Eco-Sensitive Zone (ESZ) Monitoring Committee. The ToR was granted during the 48th meeting of the EAC. The proposal had earlier been deferred at the committee’s 44th…

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India | News | T&D

Bajel Projects, NIIF and AnantGrid partner to bid for transmission projects
By March 11, 2026March 11, 2026

Bajel Projects Limited has entered into a collaboration agreement with the National Investment and Infrastructure Fund (NIIF) and NIIF’s subsidiary AnantGrid Private Limited to jointly bid for and develop power transmission projects in India. The agreement establishes a framework for the three entities to identify, evaluate and pursue selected transmission projects of mutual interest. For projects won through competitive bidding, Bajel Projects will hold a 26% equity stake in the project-specific special purpose vehicles (SPVs),…

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