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ACME Solar secures Rs 19.88 billion financing from PFC
ACME Solar has secured Rs 19.88 billion in term finance from Power Finance Corporation Ltd (PFC) for the development of a 300-MW wind-solar hybrid renewable energy project. ACME Renewtech Pvt Ltd, a subsidiary of ACME Solar Holdings Ltd, will utilize Rs 1.99 billion in financing for the project’s construction. The solar capacity will be developed…
Masdar, Sarawak Energy, and Gentari explore floating solar plant in Malaysia
UAE’s Masdar has entered a joint study agreement with Sarawak Energy and Gentari to evaluate the feasibility of a floating solar power plant at the Murum Hydroelectric Plant reservoir in Sarawak, Malaysia. The study will assess the technical feasibility, environmental impact, and economic viability of the project. If implemented, the floating solar plant would strengthen…
Punjab to have 66 solar power plants by 2025
The government of Punjab has launched a new initiative under the Clean and Green Renewable Energy project to boost Punjab’s green energy production. A total of 66 solar projects will be implemented across the state by December 2025, generating 264 MW of renewable energy. The Punjab government has signed a 25-year agreement with VP Solar…
Orient Green commissions 6.6 MW wind capacity in Tamil Nadu
Orient Green Power Company Limited said its subsidiary, Gamma Green Power Private Limited, has completed the erection of two 3.3 MW wind turbine generators (WTGs) in Tiruchirappalli district, Tamil Nadu, and received service connection on March 20, 2026. The two units together account for 6.6 MW of the site’s planned 9.9 MW. The WTGs are…
Power Ministry proposes credit trading under CAFE norms for automakers
The Ministry of Power has issued a draft notification proposing amendments to India’s Corporate Average Fuel Efficiency (CAFE) norms, introducing a credit-based compliance mechanism for passenger vehicle manufacturers. The draft, published in the Gazette of India, invites objections and suggestions from stakeholders within 14 days. The proposed amendments seek to operationalise provisions that have remained…
Waaree Renewable secures 150 MWac solar EPC order
Waaree Renewable Technologies Ltd. has received a Letter of Award for the engineering, procurement, and construction of a 150 MWac (217.5 MWp) ground-mounted solar project, according to a regulatory filing submitted on October 15, 2025. The company stated that the order was placed by a leading domestic renewable energy developer. The project, valued at about…
