Australia’s Assistant Minister for Climate Change and Energy has announced the results of Tender 7 under the Capacity Investment Scheme (CIS), selecting 19 renewable energy projects with a combined capacity of 7.8 GW, exceeding the original target of 5 GW. The selected projects include wind, solar, and hybrid renewable energy systems across multiple states in…
Electricity generation from solar and wind power globally exceeded gas-fired generation for the first time on record in April 2026, according to data analysed by British energy think tank Ember. Combined electricity generation from wind and solar reached 531 terawatt-hours (TWh) during the month, accounting for 22% of global electricity generation. In comparison, gas-fired power…
Universal Cables Ltd reported an 11.33% year-on-year (YoY) increase in consolidated net profit for the fourth quarter of FY26, while its board approved a Rs 73 crore modernisation plan for its extra high voltage (EHV) cable facility and a Rs 200 crore debt issuance programme. Consolidated net profit for Q4 FY26 stood at Rs 55.32…
Jupiter Electric Mobility Pvt. Ltd. (JEM), a subsidiary of Jupiter Wagons Limited (JWL), has signed Memoranda of Understanding (MoUs) with renewable energy developers Chalukya Power and Pickrenew Energy for battery energy storage system (BESS) deployments with a combined capacity of 110 MWh. The agreements include both utility-scale and commercial and industrial (C&I) projects and will…
BluPine Energy has signed a Power Purchase Agreement (PPA) with KEI Industries Limited for renewable energy supply from a hybrid solar and battery energy storage system (BESS) project being developed in Rajasthan. The contracted capacity will form part of up to 150 MW capacity under BluPine Energy’s special purpose vehicles (SPVs) in the state. As…
Ladakh Lieutenant Governor Vinai Kumar Saxena has approved a five-year extension of the agreement for the proposed geothermal power project in the Puga Valley, enabling continued development of what is expected to become India’s first geothermal power plant. The project is being developed by Oil and Natural Gas Corporation (ONGC) in eastern Ladakh at an…
Uttar Pradesh Chief Minister Yogi Adityanath has handed over allotment letters to two companies for solar photovoltaic (PV) cell and module manufacturing projects in the Yamuna Expressway Industrial Development Authority (YEIDA) region, involving a combined investment of nearly Rs 5,000 crore. CESC Green Power Ltd, part of the RP-Sanjiv Goenka Group, will establish a 3…
ACME Solar Holdings Limited, through its wholly owned subsidiary ACME Renewtech Sixth Private Limited, has signed a 25-year Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 300 MW Firm and Dispatchable Renewable Energy (FDRE) project backed by 1,200 MWh of battery energy storage capacity. The project was awarded under…
Adani Green Energy Limited (AGEL) has commissioned a cumulative 3.37 GWh battery energy storage system (BESS) at Khavda, Gujarat, which the company said is the world’s largest single-location battery storage deployment outside China. The latest phase includes 1.99 GWh of commercially operationalised BESS capacity effective May 26, 2026, in addition to 1.37 GWh commissioned in…
The European Network of Transmission System Operators for Electricity (ENTSO-E) and the EU DSO Entity have launched Capacitypedia, a pan-European digital platform aimed at improving transparency and access to information on electricity grid hosting capacity across transmission and distribution networks. The organisations described the initiative as one of the largest coordination efforts among European electricity…