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Solis leads India rooftop solar inverter market for fifth year
Solis has ranked first by market share in India’s rooftop solar inverter segment for the fifth consecutive year, according to an industry report. The CRISIL–Bridge to India Rooftop Map shows that Solis accounted for 25% of total inverter deployments in India’s rooftop solar market. The sector added 7,117 MW of capacity in the year ended…
Vena Energy and LINE Yahoo sign VPPA for solar project in Japan
Vena Energy and LINE Yahoo Corporation (LYC) have signed a virtual power purchase agreement (VPPA) for the 72 MW Maniwa Solar Project, which will be built on a repurposed golf course in Maniwa City, Okayama Prefecture. The project is expected to be operational by 2026. The clean energy generated will be traded on the Japan…
Blupine secures Rs 24.16 bn loan for FDRE project in Karnataka
Blupine Energy Private Limited has achieved financial closure for its 150 MW firm and dispatchable renewable energy (FDRE) project in Aland, Karnataka. The company has secured debt funding worth Rs 24.16 billion from Standard Chartered Bank. Standard Chartered served multiple roles in the transaction. It was the mandated lead arranger, lender, sole green coordinator, and…
PGCIL approves investment for Gujarat offshore transmission system projects
The Committee of Directors (CoD) on investment of projects of Power Grid Corporation of India Limited (PGCIL) accorded investment approval for the Transmission System for Offshore Wind Zone Phase-1 (500 MW VGF off the coast of Gujarat for Subzone B3) and the Additional Transmission System proposed for redundant power supply area to Dholera area on…
MCX gets SEBI nod to launch electricity derivatives contracts
The Multi Commodity Exchange of India Ltd. (MCX) has received approval from the Securities and Exchange Board of India (SEBI) to launch electricity derivatives contracts. This marks a major step in the evolution of energy trading in India. The launch is supported by both SEBI and the Central Electricity Regulatory Commission (CERC), reflecting a strong…
OERC clears Rs 3,690 crore OPTCL transmission investment plan
The Odisha Electricity Regulatory Commission (OERC) has approved investments of around Rs 3,690 crore for 35 transmission infrastructure projects proposed by Odisha Power Transmission Corporation Limited (OPTCL), while simultaneously tightening regulatory oversight on project execution, cost estimation, and planning discipline. The approvals were granted through two orders dated April 27, 2026 in Case Nos. 33/2025…
