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Waaree Energies secures 360 MW solar module order
Waaree Energies Ltd. has received a new order to supply 360 MW of solar modules to a domestic developer engaged in utility-scale solar and energy storage projects. The agreement was finalised on November 11, 2025. In a filing to BSE Limited and the National Stock Exchange of India Limited, the company confirmed the contract, stating…
Ayana Renewable commissions 9.9 MW wind project in Gujarat
Ayana Renewable Power Four Private Limited, a subsidiary of Ayana Renewable Power Private Limited and a wholly owned arm of ONGC NTPC Green Private Limited, has commissioned 9.9 MW of wind power capacity in Bhuj, Gujarat. This addition forms part of a larger 92.4 MW wind project and reflects the company’s ongoing efforts to expand…
NLC India, IOCL sign MoU for renewable energy JV in Tamil Nadu
NLC India Limited (NLCIL) and Indian Oil Corporation Limited (IOCL) have signed a Memorandum of Understanding (MoU) to establish a joint venture for developing large-scale renewable energy projects in Tamil Nadu. The proposed joint venture will develop solar, wind and hybrid renewable energy projects in Tamil Nadu. The scope also includes energy storage projects, covering…
Dalia Energy secures $1.5bn financing for new Israeli power plant
Israeli power company Dalia Energy has obtained a finance agreement worth 5.3 billion shekels ($1.5bn) from Bank Hapoalim to construct an 850MW power plant at the Eshkol gas-fired power station site in Ashdod, Israel, as reported by Reuters. The non-binding agreement marks a significant milestone for the Avshal plant, which will earn approximately 0.065 shekels…
India rejects Baku Finance Goal at COP29, calls it inequitable
The COP29 summit in Baku, Azerbaijan, concluded with the adoption of the Baku Finance Goal (BFG), which commits developed nations to mobilize $300 billion annually by 2035 and aims for $1.3 trillion in long-term climate finance for developing countries. The agreement also finalized Article 6 negotiations, enabling high-integrity carbon markets expected to generate $1 trillion…
PVUNL achieves rail connectivity for Patratu Thermal Power Project
Patratu Vidyut Utpadan Nigam Limited (PVUNL) successfully conducted a trial run for rail connectivity of the Patratu Thermal Power Project Phase I on January 21, 2025. The project, located in Ramgarh district, Jharkhand, is expected to be commissioned by December 2025. PVUNL, a special purpose vehicle (SPV) formed by NTPC Limited in a joint venture…
