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China revises export VAT rebates for solar and battery products
The Ministry of Finance and the General Administration of Taxation of China have announced changes to the export value added tax (VAT) rebate policy for photovoltaic (PV) and battery products. Under the revised framework, export VAT rebates will be withdrawn for a range of PV products from 01 April 2026. For battery products, the export…
Ofgem approves LionLink and Nautilus pilot projects for North Sea wind interconnectors
The UK energy regulator, Ofgem, has approved the initial stages of two interconnector pilot projects, LionLink and Nautilus, aimed at linking the UK’s transmission network with offshore wind farms in the North Sea. These “offshore hybrid assets” will connect UK, Dutch, and Belgian grids directly to offshore wind farms, delivering a combined capacity of 3.2…
Adani Green and Madhav Infra commission solar projects in Gujarat
Adani Green Energy Twenty Six B Limited, a subsidiary of Adani Green Energy Limited (AGEL), has commenced commercial operations for a 67 MW solar power project under the 30,000 MW Khavda Wind-Solar Hybrid Power Park in Gujarat’s Rann of Kutch on February 24, 2025. The Khavda project includes 26,000 MW of solar and 4,000 MW…
India reaches 50 per cent non-fossil capacity ahead of 2030 goal
India has accelerated its clean energy expansion, achieving 50 per cent of its installed electricity capacity from non-fossil fuel sources five years before its 2030 target. As of November 2025, renewable energy (RE) capacity stands at 253.96 gigawatts (GW), with a record 44.51 GW added in 2025, according to the MNRE. India’s cumulative non-fossil fuel-based…
PFCCL establishes SPV for ISTS scheme development in Karnataka
PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary named “Gadag II and Koppal II Transmission Ltd” on October 21, 2024, as a special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme in Karnataka. The project, titled “System strengthening at Koppal-II and Gadag-II for integration of RE generation projects,” is aimed at enhancing…
Waaree Energies secures 180 MWp solar module supply order
Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India. Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025. This contract underscores Waaree’s role in advancing India’s renewable energy infrastructure.
