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ACME Urja One signs PPA with SECI for 190 MW hybrid project
ACME Urja One Private Limited, a wholly owned subsidiary of ACME Solar Holdings Limited, has signed a Power Purchase Agreement (PPA) with Solar Energy Corporation of India Limited (SECI) for a 190 MW Inter-State Transmission System (ISTS)-connected wind-solar hybrid project with assured peak power supply. The 25-year PPA was executed on February 18, 2026. The…
ARCO/Murray to build Boviet Solar’s manufacturing hub in North Carolina
ARCO/Murray has been selected to construct a solar manufacturing hub for Boviet Solar in North Carolina, USA. The project, expected to create 900 local jobs, will be executed in two phases to expand solar module and cell production. Phase one, which began in Q3 2024, involves converting an existing 500,000 square-foot facility into a state-of-the-art…
IREDA reports Rs 4.25 billion net profit in Q3 FY25, up 26.48%
Indian Renewable Energy Development Agency Limited (IREDA) posted a net profit of Rs 4.25 billion for the quarter ending December 2024, a 26.48% rise compared to Rs 3.36 billion in the same quarter last year. The company’s revenue from operations increased by 35.59% to Rs 16.99 billion during the quarter, up from Rs 12.53 billion…
Why BRPL chose 2-hour BESS over 4-hour systems for its Delhi grid stations
The Delhi Electricity Regulatory Commission (DERC) has granted in-principle approval to BSES Rajdhani Power Limited (BRPL) for the installation of a 97.5 MW/195 MWh Battery Energy Storage System (BESS) across five grid stations in South and West Delhi. The project is expected to serve around 266,000 consumers. In its order, the Commission permitted BRPL to…
Transmission system to come up for Sonbhadra Pumped Storage Projects
The transmission system for evacuating power from pumped storage projects (PSPs) in Sonbhadra District, Uttar Pradesh, is being planned to support renewable energy generation. Two major developers, Greenko and Avaada, have submitted applications for connecting a total of 3732 MW capacity from the Robertganj area in Sonbhadra. Greenko has submitted three applications for a combined…
Major investments drive India’s clean energy and green finance expansion
India’s transition to clean energy and sustainable financing gained momentum today with three significant developments across the solar, electric vehicle (EV), and renewable power sectors. Luminous Power Technologies partnered with the State Bank of India (SBI) to enhance solar financing access, Shriram Finance Limited secured a $150 million loan from the Asian Development Bank (ADB)…
