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rPlus Energies secures PPA with Idaho Power for Pleasant Valley Solar 2 project
Renewable energy developer rPlus Energies has finalized a long-term power purchase agreement (PPA) with Idaho Power for its 125 MW Pleasant Valley Solar 2 facility in Ada County, Idaho. This project follows the 200 MW Pleasant Valley Solar 1, also under construction, making Pleasant Valley Solar the largest contracted solar facility within the Idaho Power…
Credence Solar begins work on 2 GW cell plant in Gujarat
Credence Solar Panels Pvt. Ltd. has started construction of a 2 GW solar cell manufacturing facility in Rajkot, Gujarat. The Rajkot facility will produce G12 and G12R solar cells and is scheduled for commissioning in the fourth quarter of 2026. Once operational, the plant is expected to improve vertical integration by enabling tighter control over…
Waaree Energies buys stake in Kotsons, expands into transformer business
Waaree Energies Limited has acquired a 64 per cent equity stake in Kotsons Private Limited through a primary capital infusion of about Rs 192 crore. With this investment, Kotsons has become a subsidiary of Waaree Energies. The funds will be used to expand Kotsons’ manufacturing capacity to meet rising demand for transformers in domestic and…
Waaree Energies US arm bags 150 MW international solar module order
Waaree Energies Limited has secured an overseas solar module supply order through its United States subsidiary, adding to its international order pipeline. In a regulatory filing dated February 4, 2026, the company said its wholly owned subsidiary, Waaree Solar Americas Inc., has received an order to supply 150 MW of solar modules. The customer has…
UPPCL to levy 10% fuel surcharge on June 2026 electricity bills
Uttar Pradesh Power Corporation Limited (UPPCL) will impose a Fuel and Power Purchase Adjustment Surcharge (FPPAS) of 10% on electricity bills in June 2026 for all categories of consumers. The surcharge has been introduced in line with the Uttar Pradesh Electricity Regulatory Commission (UPERC) Multi Year Tariff (MYT) for Distribution Regulations, 2025. In a circular…
Tata Motors, Welspun Renewable to develop 86 MW hybrid RE project
Tata Motors Limited has partnered with Welspun Renewable Energy Private Limited (WREPL) to co-develop an 86 MW wind-solar hybrid renewable energy project that will supply clean power to the company’s commercial vehicle manufacturing plants in Jharkhand, Uttar Pradesh, Uttarakhand and Karnataka. The project will be developed through a co-investment model and a long-term Power Purchase…
