Waaree Solar Americas, a wholly-owned subsidiary of Waaree Energies Limited (WEL), has begun the commercial production of solar modules at its manufacturing facility in Brookshire, Texas, with a capacity of 1,600 MW. This facility marks a key step in localising solar module manufacturing in the United States, supporting job creation and reducing dependence on imported…
Uzbekistan’s JSC National Electric Grid of Uzbekistan (NEGU) aims to transmit 76.1 billion TWh of electricity through its networks in 2025, an increase from 74 TWh in 2024. In 2024, NEGU made significant improvements, including adding 543 km of high-voltage transmission lines, 1,627 MVA capacity substations, and repairing 309 transformers and over 6,400 km of…
CleanMax has secured a long-term credit facility of AED 99 million from Hong Kong and Shanghai Banking Corporation (HSBC) to develop and finance its onsite solar portfolio in the UAE. The facility will support the installation of 92 solar assets across industrial facilities, malls, schools, and universities. Additionally, the financing includes an uncommitted accordion of…
US President Donald Trump has issued an executive order suspending all funding disbursements under the Inflation Reduction Act (IRA), marking a significant shift in the US energy agenda. The move, termed “Terminating the Green New Deal,” also halts funding for the Infrastructure Investment and Jobs Act, impacting clean energy and manufacturing projects. Federal agencies now…
Technip Energies has been awarded a front-end engineering design (FEED) contract for Uniper’s new combined cycle gas turbine (CCGT) power station with carbon capture and storage (CCS) at Connah’s Quay, located in the northwest of England. The Connah’s Quay low-carbon power project will be integrated into the Hynet Cluster’s COâ‚‚ transport and storage infrastructure. Uniper…
Kalpataru Projects International Limited (KPIL) has won new orders worth Rs 20.38 billion in the transmission and distribution (T&D) sector across domestic and international markets, along with building projects in India. These orders increase KPIL’s year-to-date (YTD) order intake to Rs 193.61 billion. KPIL is a leading engineering, procurement, and construction (EPC) firm engaged in…
The Telangana government has signed a memorandum of understanding (MoU) with Akshat Greentech, a subsidiary of Mytrah Energy, to establish a solar cells and modules manufacturing facility in Hyderabad. The agreement was finalized during the World Economic Forum 2025 in Davos. The facility will have a production capacity of 6.9 GW each for solar cells…
Sun Petrochemicals has signed a memorandum of understanding (MoU) with the Telangana government to develop pumped storage hydro power projects in Nagarkurnool, Mancherial, and Mulugu districts. The project involves an investment of Rs 450 billion and is expected to create 7,000 jobs. The initiative will integrate solar power plants with a capacity of 5,440 MW….
The Indian Renewable Energy Development Agency Limited (IREDA) has approved a plan to raise up to Rs 50 billion through a Qualified Institutions Placement (QIP) of equity shares in one or more tranches. This decision aims to strengthen IREDA’s financial resources to meet the growing demand for green energy financing. The issuance will proceed following…
Onix Renewable, Jindal India Renewable Energy, NTPC Renewable Energy, Kolar Solar Power (Rays Power Infra), ReNew Solar Power, and Adani Renewable Energy Holding Nine (Adani Green Energy Limited) have won NHPC Limited’s auction to develop 1,200 MW of interstate transmission system (ISTS)-connected solar power projects, incorporating 600 MW/1,200 MWh energy storage systems (ESS). Onix, Jindal,…