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.
UltraTech Cement Limited has agreed to acquire a 26% equity stake in Solaris Horizon Energy Private Limited, a special purpose vehicle developing a 91 MWp DC / 65 MW AC solar project in Chhattisgarh. The cash transaction is valued at up to Rs 27.75 crore and is intended to support UltraTech’s green energy requirements, optimise…
NLC India Renewables Limited has emerged as the lowest bidder in the tariff-based competitive bidding process for a 450 MW / 900 MWh standalone Battery Energy Storage System (BESS) project in Gujarat. The company quoted a tariff of Rs 2.32 lakh per MW per month (Rs 231,989 per MW per month), marginally below the Rs…
India’s installed non-fossil fuel-based electricity generation capacity crossed 300 GW as of July 31, 2026, reaching 300.50 GW, according to the Ministry of New and Renewable Energy (MNRE). The milestone represents more than 60% of the country’s 500 GW non-fossil capacity target for 2030. Non-fossil sources now account for more than 54% of India’s total…
Saatvik Green Energy Limited’s material subsidiary, Saatvik Solar Industries Private Limited, has received and accepted a domestic order worth Rs 400.16 crore for the supply of solar photovoltaic (PV) modules from a renowned independent power producer/EPC player. The order is scheduled to be executed by March 2027 and adds to Saatvik Solar Industries’ order pipeline…
Bondada Engineering Limited has secured orders worth approximately Rs 513.94 crore, including taxes, through two subsidiaries for Battery Energy Storage System (BESS) projects in Tamil Nadu and telecom tower supply in Udaipur and Ahmedabad. Bondada Renewable Energy Private Limited has received orders for setting up BESS projects with an aggregate capacity of 200 MW /…
SJVN Limited has achieved the Commercial Operation Date (COD) of its 75 MW Jamui Solar Power Project in Bihar, adding 75 MW of solar capacity to its renewable energy portfolio. The project has been developed through SJVN’s wholly owned subsidiary, SJVN Green Energy Limited (SGEL). The project is expected to generate approximately 90 million units…
Jupiter Wagons Limited (JWL) has emerged as the successful bidder for two standalone Battery Energy Storage System (BESS) projects with a combined capacity of 100 MW/400 MWh awarded by West Bengal State Electricity Distribution Company Ltd (WBSEDCL). The projects, located at Jeeat and Kharagpur, were secured through e-reverse auctions conducted under a Tariff-Based Competitive Bidding…
NLC India Renewables Limited, a wholly owned subsidiary of NLC India Limited, has received a Letter of Award (LoA) from the Solar Energy Corporation of India Limited (SECI) for developing a 200 MW wind power project in Koppal district, Karnataka. The award expands NLC India Renewables’ presence in the wind energy segment as the company…
Dilip Buildcon Limited (DBL) has approved the divestment of its stake in two special purpose vehicles (SPVs), Mekhali Power Transmission Limited and DBL Renewable Private Limited, to Alpha Alternatives Fund Advisors LLP and its affiliates. The portfolio includes a 400 kV transmission project spanning approximately 470 circuit kilometres in Karnataka and a 1,363 MW (AC)…
Purvah Green Power Private Limited, the renewable energy platform of CESC Limited under the RP-Sanjiv Goenka Group, has agreed to acquire a 1.4 GWp operational solar portfolio from ReNew Solar Power Private Limited for an enterprise value of Rs 4,859 crore, equivalent to approximately USD 509 million at Rs 95.5/USD. The portfolio comprises six special…