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Power Ministry reviews national progress on pumped storage projects
The Ministry of Power held a meeting of its Parliamentary Consultative Committee in Kurnool district, Andhra Pradesh, to review India’s plans for pumped storage projects. Union Power Minister Manohar Lal led the discussion and highlighted the role of PSPs in storing surplus renewable energy and maintaining grid stability during evening and night hours. The Minister…
ACME signs PPA with SECI for 300 MW solar-plus-storage project
ACME Sikar Solar Private Limited, a wholly-owned subsidiary of ACME Solar Holdings Private Limited, signed a power purchase agreement (PPA) with Solar Energy Corporation of India (SECI) on June 25, 2025. The agreement covers a 300 MW solar power project with energy storage in Bikaner, Rajasthan, developed under SECI’s scheme. The Tranche-XVIII auction was launched…
Green & Clean Power raises $300 million for solar and storage project in Arkansas
US-based Green & Clean Power (GCP) has secured $300 million in debt and equity financing to develop a solar energy generation and battery storage facility in Osceola, Arkansas. The funding includes $165 million in construction debt financing from KfW IPEX-Bank, with market advisory from Aurora Energy Research, and an additional $100 million in takeout financing…
Kosol Energie’s Koraam secures fourth MSEDCL solar pump order under PM-KUSUM
Koraam, the agricultural solar solutions vertical powered by Kosol Energie Pvt. Ltd., has received its fourth order from Maharashtra State Electricity Distribution Company Limited (MSEDCL) for deployment of solar water pumping systems under the Magel Tyala Saur Krushi Pump Yojana (MTSKPY). The latest Letter of Empanelment covers the installation of 2,933 solar water pumps across…
NTPC to set up green hydrogen mobility project in Bhubaneswar
NTPC Limited has signed a tripartite memorandum of understanding (MoU) with the Grid Corporation of Odisha (GRIDCO) and Capital Region Urban Transport (CRUT) to promote green hydrogen mobility in Bhubaneswar. Under the agreement, NTPC will establish a green hydrogen fuelling station and deploy hydrogen-powered buses for short- and long-distance routes, replacing fossil fuel-powered buses to…
Servotech secures solar pump order in Uttar Pradesh
Servotech Renewable Power System Limited has secured an order to install 1,094 grid-connected solar-powered agriculture pumps under the PM KUSUM Scheme’s Component C-1. The Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA) awarded the project, valued at approximately Rs 310 million. The project includes manufacturing, supply, installation, testing, and commissioning of solar pumps, along…
