News on clean energy technologies and policies. This category covers developments in solar, wind, hydro, geothermal, and bioenergy, along with market trends, investments, and innovations driving the global transition to sustainable power.
NLC India Renewables Limited (NIRL), a wholly-owned subsidiary of NLC India Limited, has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for development of a 900 MW solar power project in Gujarat. The project was awarded through a Tariff-Based Competitive Bidding (TBCB) process, with the electricity generated from the 900…
ACME Solar Holdings Limited has secured long-term project funding of Rs 3,404.57 crore from Power Finance Corporation Limited (PFC) for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) project being developed through ACME Urja One Private Limited (Phase-III). PFC is the sole financier for the project, with the debt carrying a repayment tenor of…
Inox Wind Limited (IWL) has secured a repeat turnkey order of 200 MW from NLC India Limited, with an approximate contract value of Rs 1,600 crore. The project is scheduled to be commissioned within 24 months from the date of the Letter of Award (LoA). The latest order takes IWL’s order book to 4.7 GW,…
Waaree Energies Limited has commissioned 118.8 MW of the 170 MW capacity of Unit 3 at its Solar Power Facility in Neemuch Solar Park, Madhya Pradesh. The part capacity was commissioned on July 28, 2026, with the remaining capacity of the unit expected to be commissioned in due course. The project forms part of Waaree…
Tata Power has finalised Gopalpur in Odisha for its Rs 6,675 crore, 10 GW solar ingot and wafer manufacturing facility, extending its solar manufacturing operations further upstream in the value chain. The facility will be developed at the Tata Steel Special Economic Zone (SEZ) in Gopalpur, Ganjam district. The investment of Rs 6,675 crore was…
Jupiter International has started work on a Rs 3,000 crore solar ingot and wafer manufacturing facility in Nagpur, Maharashtra, with an annual production capacity of 3 GW. The facility will manufacture solar ingots and wafers and is scheduled to become operational in phases over the next 20 months. The investment will expand Jupiter International’s manufacturing…
The Asian Development Bank (ADB) has approved an $850 million loan to support reforms aimed at accelerating residential rooftop solar deployment in India under the Pradhan Mantri Surya Ghar: Muft Bijli Yojana. The financing covers subprogram 2 of the Accelerating Affordable and Inclusive Rooftop Solar Systems Development Program and will support measures to improve financial…
Pace Digitek Limited has signed an Engineering, Procurement and Construction (EPC) contract with NLC for development of a 250 MW/500 MWh standalone Battery Energy Storage System (BESS) across three locations in Tamil Nadu, along with 12 years of Operations and Maintenance (O&M). The contract adds to Pace Digitek’s expanding BESS business, which spans manufacturing, engineering,…
AMPIN Solar ONE, the joint venture between AMPIN Energy Transition and Jupiter International Limited, has commenced commercial solar cell manufacturing at its integrated facility in Bhubaneswar, marking the production of its first solar cell. The facility is Odisha’s first solar cell manufacturing unit and has been established under the Government of India’s Production Linked Incentive…
India has nearly 47 GW of Battery Energy Storage System (BESS) capacity at various stages of development as the country expands energy storage infrastructure to integrate growing renewable energy capacity, meet peak electricity demand and support grid reliability. As of June 30, 2026, nearly 16 GW of BESS capacity was under construction, around 12 GW…