Renewable Energy

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.

India | News | Renewable Energy

Solarworld to build 200 MW/400 MWh storage project for GUVNL
By December 10, 2025December 10, 2025

Solarworld Energy Solutions has signed a Battery Energy Storage Purchase Agreement with Gujarat Urja Vikas Nigam Limited for a 200 MW or 400 MWh battery energy storage system in Gujarat. The EPC contract is valued at about Rs 806.4 crore, excluding taxes, and will be delivered over 12 years. The award was made under the tariff based competitive bidding process issued earlier in 2025. On September 23, 2025, Solarworld launched its initial public offering. The…

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India | News | Renewable Energy

NTPC commissions 6.6 MW wind unit in Bhuj hybrid project
By December 10, 2025December 10, 2025

NTPC Green Energy Limited has declared commercial operation for the 6.6 MW wind component of a 100 MW hybrid project in Bhuj, Gujarat. The project is owned by Ayana Renewable Power Four Private Limited, which is part of the NTPC Green Energy Limited group structure. The company issued the update in a regulatory filing dated 10 December 2025. With this unit online, the NTPC Green Energy Limited group’s installed capacity has reached 7,645.675 MW. The…

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India | News | Renewable Energy

GIP to invest up to Rs 3,000 crore in Aditya Birla Renewables
By December 10, 2025December 10, 2025

Global Infrastructure Partners, part of BlackRock, will invest up to Rs 3,000 crore in Aditya Birla Renewables Limited. The company has said that the investment values the platform at about Rs 14,600 crore. GIP will provide Rs 2,000 crore in stages through compulsory convertible preference shares and equity shares. It also holds a greenshoe option to add Rs 1,000 crore in equity. Essel Mining and Industries Limited will separately invest Rs 500 crore this financial…

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India | News | Renewable Energy

Kundan Green and Havells plan captive solar project in Rajasthan
By December 10, 2025December 10, 2025

Kundan Green Energy has entered a partnership with Havells India Limited to set up a captive solar project in Rajasthan through a special purpose vehicle (SPV) called Kundan Solar (Pali) Private Limited. The project involves an investment of Rs 725 million and will supply captive power to Havells. Kundan Green Energy and Havells will work through the SPV to design, develop, install and operate a 21.43 MWp or 15 MWAC solar plant. Havells will hold…

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India | News | Renewable Energy

Exicom and EONEX Energy sign MoU to deploy BESS projects
By December 10, 2025December 10, 2025

Exicom has signed a memorandum of understanding with EONEX Energy, a DVN Energy Group-backed company, to deploy megawatt-hour-scale lithium-ion battery energy storage systems across Southern India. The partnership focuses on commercial, industrial and renewable integrated applications. The two companies plan to jointly develop and install systems intended to support peak load management. The systems will be designed to improve the use of solar power through advanced storage integration and to provide a reliable supply for…

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India | News | Renewable Energy

Avaada signs MoU to set up green hydrogen Centre of Excellence in Odisha
By December 9, 2025December 9, 2025

Avaada Group has signed a memorandum of understanding with GRIDCO and the Indian Institute of Technology Bhubaneswar to establish a Centre of Excellence in Odisha focused on green hydrogen. The centre will conduct advanced research on storage, industrial use and mobility applications. It will also study the technical and economic feasibility of new hydrogen technologies. Under the agreement, Avaada Group will create an extension facility of the Centre of Excellence at its production site in…

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India | News | Renewable Energy

Mufin Green Finance raises Rs 900 million through listed NCD issuance
By December 9, 2025December 9, 2025

Mufin Green Finance Limited has raised Rs 900 million through a private placement of secured, rated and listed non convertible debentures. The proceeds will support the company’s rooftop and commercial solar installations, electric mobility initiatives and health insurance premium financing. The company issued 9,000 non convertible debentures priced at Rs 0.1 million each. The instruments carry an 11.75 per cent coupon paid semi annually and have a tenure of 4 years, 11 months and 23…

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India | News | Renewable Energy

Waaree Solar Americas wins 288 MW US solar module order
By December 8, 2025December 8, 2025

Waaree Energies Limited has reported that its wholly owned subsidiary, Waaree Solar Americas, has received a 288 MW solar module supply order from a major United States-based developer and owner operator of utility-scale solar and energy storage projects. The order was booked on December 5, 2025. The contract covers a one-time supply of solar modules to an international entity. As per the disclosure filed with the BSE and NSE, delivery and fulfilment of the 288…

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India | News | Renewable Energy

NTPC Green and CSPGCL set up 2 GW renewable JV in Chhattisgarh
By December 8, 2025December 8, 2025

NTPC Green Energy Limited has created a new joint venture with Chhattisgarh State Power Generation Company Limited to build large renewable energy assets in the state. The entity, named Chhattisgarh NTPC Green Energy Limited, was incorporated on 05.12.2025. Regulatory filings with the BSE and NSE show that NTPC Green Energy Limited holds a 74 per cent stake in the venture, while Chhattisgarh State Power Generation Company Limited holds 26 per cent. The move follows NTPC…

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India | News | Renewable Energy

Tata Power and UCO Bank partner to expand rooftop solar financing
By December 8, 2025December 8, 2025

Tata Power Renewable Energy Limited has signed an MoU with UCO Bank to support the wider adoption of rooftop solar systems in India. The partnership focuses on easier and lower-cost financing aligned with the PM Surya Ghar: Muft Bijli Yojana. Under the agreement, UCO Bank will extend loans to salaried and self-employed consumers through the UCO Suryodaya Scheme. Customers can borrow up to Rs 0.2 million at a 6 per cent reducing interest rate for…

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