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Solex Energy secures Rs 188.74 million solar module supply contract
Solex Energy Limited has won a Rs 188.74 million contract from Thenpandian Energy Innovations Private Limited to supply solar modules for a 13 MW solar photovoltaic (PV) power project in India. The contract, awarded on November 30, 2024, involves the delivery of MONO BIFACIAL M10 PV modules. The modules will be supplied within six months…
Brookfield raises USD 20 billion for second global transition fund
Brookfield Asset Management has completed the final close of its Brookfield Global Transition Fund II (BGTF II), raising USD 20 billion to accelerate investments in clean energy and low-carbon technologies worldwide. The fund will finance a broad portfolio across wind, solar, battery storage, carbon capture, and other clean energy assets. In India, it will support…
EIB backs Bay of Biscay power link with €1.6bn investment
The European Investment Bank (EIB) has committed €1.6 billion (around $1 billion) to the Bay of Biscay electricity interconnection project, which will significantly expand electricity exchange between Spain and France. Led by Inelfe—a joint venture of Spain’s Red Eléctrica and France’s Réseau Transport d’Électricité—the project involves building a submarine direct current line between the two…
Waaree Energies to invest Rs 5.51 billion in 300 MW electrolyser and 3.5 GWh lithium-ion plant
Waaree Energies Limited has approved plans to establish a 300 MW electrolyser manufacturing facility and a 3.5 GWh lithium-ion Advanced Chemistry Storage Cell production plant. The electrolyser manufacturing project will be implemented under Waaree Clean Energy Solutions, a subsidiary of Waaree Energies, with a capital expenditure (CAPEX) of Rs 5.51 billion and an investment of…
IEEMA launches Telangana Power Conclave 2026 in Hyderabad
The Indian Electrical and Electronics Manufacturers’ Association (IEEMA) inaugurated the first Telangana Power Conclave in Hyderabad on January 22, 2026. The event focused on Telangana’s energy roadmap, its push to emerge as India’s pumped storage project (PSP) hub, and the integration of renewable energy with grid modernisation and electric mobility. The Telangana Power Conclave marked…
Six firms win bids for 1,200 MW ISTS solar and storage projects
On May 9, 2025, six firms secured bids to develop 1,200 MW of Inter-State Transmission System (ISTS)-connected solar power projects along with 600 MW/2,400 MWh energy storage systems (ESS) anywhere in India. The tender was issued by SJVN in August 2024 under a build-own-operate (BOO) model. The winners and their awarded capacities are: SAEL Industries…
