Refex Green Power Limited (RGPL), a wholly-owned subsidiary of Refex Renewables & Infrastructure Limited, has acquired the remaining 51% equity stake in Sherisha Solar SPV Two Private Limited.Â
This acquisition increases RGPL’s ownership to 100%, making Sherisha Solar SPV Two a fully-owned step-down subsidiary.
Adani Green Energy Limited added 5,051 MW of renewable energy capacity in FY2025-26, taking its total operational portfolio to 19.3 GW. The company claims this is the highest greenfield annual capacity addition by any company globally in a single year, outside China. The full-year addition comprises 3,409 MW of solar, 686 MW of wind, and…
Tata Power-led Odisha discoms have launched a one-kilowatt rooftop solar scheme under the Utility-Led Aggregation (ULA) Model of the PM Surya Ghar Muft Bijli Yojana. The scheme enables households to adopt rooftop solar at a reduced upfront cost of Rs 5,000 against the standard Rs 65,000-Rs 75,000. Central and state subsidies of Rs 30,000 and…
ITI Limited has received an order worth Rs 3 billion from the Bihar Renewable Energy Development Authority (BREDA) to supply and install 100,000 solar street light systems under the Mukhyamantri Gramin Solar Street Light Yojana. The project will cover districts including Gopalganj, Siwan, Samastipur, Purnia, Araria, Gaya, Darbhanga, Patna, Katihar, and Khagaria. The Naini Plant…
The World Bank’s State and Trends of Carbon Pricing 2025 report shows global carbon pricing revenues surpassed US$100 billion in 2024, with over 50 per cent allocated to environmental, infrastructure, and development projects. This marks a threefold increase in revenue over the past decade and underscores carbon pricing’s fiscal and climate relevance. As of 2025,…
Bajaj Electricals has partnered with Slovakia-based SEAK s.r.o. to enhance tunnel lighting systems across India. This collaboration focuses on delivering intelligent lighting control systems using SEAK’s patented powerline communication technology. Bajaj Lighting, a key player in India’s lighting industry, has expertise in indoor, outdoor, architectural, and tunnel lighting. The company has already implemented advanced lighting…
Iberdrola announced that construction of the Eastern Green Link 1, a subsea electricity superhighway, has officially started. The £2.5 billion project is a joint venture between SP Energy Networks and National Grid Electricity Transmission. It will transport renewable energy to power two million homes through over 190 km of undersea cables connecting Scotland and England….