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ACME signs 250 MW renewable PPA with NHPC
ACME Solar Holdings Limited said its wholly owned subsidiary, ACME Urja One Private Limited, has signed a Power Purchase Agreement (PPA) with NHPC Limited for a 250 MW firm and dispatchable renewable energy (FDRE) project. The disclosure was made to the stock exchanges on January 29, 2026. The agreement covers a 25-year supply of renewable…
Four major Chinese solar wafer makers raise prices
Four leading solar wafer manufacturers announced a price increase on the afternoon of December 25, raising prices across key wafer sizes and lifting the average market level by about 12 per cent. Analysts link the change to higher raw material costs and continued tightness in parts of the photovoltaic (PV) supply chain. In their coordinated…
KEC International enters wind segment with a new order
KEC International Limited has reported new orders worth Rs 1,050 crore across multiple business divisions, including its first entry into the wind energy segment. The announcement was made on January 1, 2026. According to the disclosure, the company has secured a breakthrough order for a 100+ MW Wind Project Balance of Plant (BoP) package in…
ACME Solar to invest Rs 170 billion in renewable expansion, eyes nuclear energy
ACME Solar Holdings Limited plans to invest Rs 170 billion in capital expenditure in the calendar year 2026 to expand its renewable energy capacity to 5,000 MW by 2027, focusing on hybrid and firm dispatchable renewable energy (FDRE) projects. The company aims to triple its capacity to 7,000 MW by 2028, rolling out expansion in…
Mahindra Susten achieves financial closure for 300 MW Rajasthan hybrid project
Mahindra Susten Private Limited has achieved financial closure for its Hazel Hybren renewable energy project in Rajasthan. The project has a capacity of 300 MW alternating current (AC), equivalent to 420 MWp, with HDFC Bank Limited acting as the sole lender under a binding agreement executed on February 27, 2026. The structured project financing amounts…
Indonesia’s Dieng geothermal plant to add 110 MW capacity
Indonesia is set to expand the Dieng Geothermal Power Plant in Wonosobo, Central Java, by an additional 110 MW as part of a proposed project backed by the Asian Development Bank. The expansion will support PT Geo Dipa Energi, the state-owned operator of the plant, in scaling up geothermal electricity output. The Dieng facility, also…
