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India | Generation | NewsEAC grants Saundatti PSP ToR, defers Veeraballi EC
The Expert Appraisal Committee (EAC) of the Ministry of Environment, Forest and Climate Change (MoEF&CC), at its 50th meeting held on March 11, 2026, granted Terms of Reference (ToR) to the Saundatti pumped storage project expansion in Karnataka and deferred Environmental Clearance (EC) for the Veeraballi project in Andhra Pradesh. Saundatti expansion receives ToR The…
Philippines issues draft policy for first nuclear power plant
The Philippines Department of Energy (DOE) has released its first policy framework to guide the commercial development and operation of nuclear power plants. According to Malaya Business Insight, the policy allows for small modular reactors (SMRs), micro-modular reactors (MMRs), and floating nuclear plants, reflecting global trends in scalable and low-carbon technologies. The framework sets a…
Inox Solar signs Rs 70 billion supply deal with China’s LONGi
Inox Solar Limited has signed a supply agreement with China’s LONGi Green Energy Technology Corporation Limited for 5 GW of solar modules, valued at about Rs 70 billion, to be delivered over the next three years. Under the agreement, LONGi will source solar modules from Inox Solar for use in the Indian market. The partnership…
Bihar records its all-time high electricity demand of 9,068 MW on June 24
Bihar recorded its highest-ever peak electricity demand of 9,068 MW at 10:56 PM on June 24, 2026, and met the requirement without any power shortage, according to the National Load Despatch Centre’s (NLDC) Daily Power Supply Position report released on June 25. The milestone reflects rising electricity consumption in the state while highlighting the ability…
Neoen secures AUD 1.4 billion for Australian renewable energy projects
Neoen has obtained AUD 1.4 billion in debt financing for 1.3 GW of wind, solar, and storage assets, effectively doubling its Australian renewable energy portfolio financing. Eleven major lenders participated, including ANZ, Bank of China, and the Clean Energy Finance Corporation. The portfolio includes three operating solar farms in New South Wales—Griffith Solar Farm, Parkes…
ReNew Power to launch India IPO
ReNew Power is preparing to list on Indian exchanges while withdrawing its Nasdaq listing, according to sources. The company has appointed JM Financial as its domestic adviser and Goldman Sachs, along with other global banks, for the process. The clean energy company, which debuted on Nasdaq in August 2021 through a SPAC merger with Riverside…
