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Madhya Pradesh identifies dams for floating solar power projects
The Water Resources Department, Madhya Pradesh has identified various dams and reservoirs for setting up floating solar power projects in the state. This initiative is part of the Ministry of Power’s (MoP’s) national vision to install floating solar power projects on water bodies across India. MoP has allocated the survey and investigation (S&I) work for…
JA Solar secures deal for Africa’s largest PV-storage project
JA Solar has signed a 1.25GW module supply agreement with China Energy Engineering Corporation (CEEC) for Africa’s largest photovoltaic (PV) and storage project in Egypt. The agreement, finalized during the World Future Energy Summit 2025 in Abu Dhabi, makes JA Solar the exclusive supplier of high-efficiency n-type PV modules for the Abydos Phase II 1GW+600MWh…
PFC subsidiary PFC Projects struck off by MCA
Power Finance Corporation Limited (PFC) has informed the stock exchanges that its wholly owned subsidiary, PFC Projects Limited (PPL), has been struck off from the Register of Companies by the Registrar of Companies (RoC), effective June 1, 2026. The action was taken under Section 248 of the Companies Act, 2013, following approvals from the Ministry…
AGEL sets up Adani Ecogen Five subsidiary for new renewable projects
Adani Green Energy Limited (AGEL) has created a new step-down subsidiary named Adani Ecogen Five Limited (AE5L) to focus on renewable power generation. The development was reported to stock exchanges through a regulatory filing dated 02 January 2026. In its filing to BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE), AGEL…
India | Generation | NewsBhilwara Energy to acquire Statkraft’s 76 MW Phata Byung hydro project
Bhilwara Energy Limited, the power arm of LNJ Bhilwara Group, has agreed to acquire full ownership of Mandakini Jal Urja Private Limited from Statkraft IH Holding AS. The transaction covers the under-construction 76 MW Phata Byung Hydroelectric Project in Uttarakhand and strengthens the Group’s position in the hydropower segment. The acquisition has been executed through…
ACME Solar launches Rs 30 billion IPO
ACME Solar launched its initial public offering (IPO) today, November 6, 2024, valued at Rs 30 billion, with a price band of Rs 275 to Rs 289 per equity share. The IPO, open until Friday, November 8, 2024, requires a minimum bid of 51 shares, with additional bids in multiples of 51. The offering includes…
