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Sun Drops Energia secures 62.2 MW solar project orders
Sun Drops Energia Private Limited, a subsidiary of KPI Green Energy Limited, has received orders to develop 62.2 MW of solar power projects under the captive power producer (CPP) business segment. The projects are aligned with the distributed renewable energy bilateral purchase policy and the Gujarat Renewable Energy Policy 2023. They are set to be…
SJVN reports net profit of Rs 4,399 million in the Q2 of 2024-25
SJVN Limited has announced its financial results for the quarter ending September 2024 (Q2 FY25), reporting a consolidated net profit of Rs 4,399 million, a slight increase from Rs 4,396.4 million in the same period last year. The company’s total income rose by approximately 16.48% to Rs 11,084.3 million, up from Rs 9,516.2 million in…
India now has the world’s largest single-location battery storage project outside China
Adani Green Energy Limited (AGEL) has commissioned a cumulative 3.37 GWh battery energy storage system (BESS) at Khavda, Gujarat, which the company said is the world’s largest single-location battery storage deployment outside China. The latest phase includes 1.99 GWh of commercially operationalised BESS capacity effective May 26, 2026, in addition to 1.37 GWh commissioned in…
Aypa Power secures $190m for Texas battery storage project
Aypa Power, a Blackstone portfolio company, has obtained $190m in financing for its Bypass battery energy storage system (BESS) project in Fort Bend County, Texas. The 200MW/400MWh facility will address the region’s growing energy storage needs. The financing includes a $68m construction-to-term loan, a $91m tax equity bridge loan, and $31m in letters of credit,…
Serentica signs 75 MW hybrid power deal with Inox Airproducts
Serentica Renewables India Private Limited (SRIPL) has signed a power supply and consumption agreement (PSCA) with Inox Airproducts Private Limited for 75 MW of wind-solar hybrid power. The agreement was formalised on May 5, 2025. Under the deal, SRIPL will supply hybrid renewable energy to four Inox manufacturing sites across four different states in India. …
GAIL approves 178.2 MW wind project in Maharashtra
GAIL (India) Limited has approved the development of a 178.2 MW greenfield wind power project in Maharashtra, with an estimated investment of Rs 1,736.25 crore. The decision was taken at a board meeting held on February 27, 2026. The proposed capacity will add to GAIL’s existing wind portfolio of 117.95 MW, which is currently operating…
