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Gensol Engineering establishes three wholly-owned subsidiaries
Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited. Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.
Indonesia to increase power capacity by 71 GW by 2034
Indonesia aims to boost its power capacity by 71 GW by 2034, with a significant emphasis on private sector investment. The government, in collaboration with PT PLN (Persero), will prioritize the development of transmission lines to support renewable energy generation, according to Energy Minister Bahlil Lahadalia. The strategy is part of PLN’s 2025-2034 power supply…
European Energy launches large-scale battery storage project in Denmark
European Energy, in collaboration with Kragerup Estate, has initiated its first large-scale battery storage project in Denmark. The battery, expected to begin test operations in Q1 2025, will support the integration of renewable energy into the power grid. The project will start with an initial capacity of 3.75 MW, with an option to upgrade to…
GERC clears GUVNL’s 500 MW FDRE procurement bid
The Gujarat Electricity Regulatory Commission (GERC) has approved Gujarat Urja Vikas Nigam Limited’s (GUVNL) petition for procurement of 500 MW of Firm and Dispatchable Renewable Energy (FDRE) integrated with Energy Storage Systems (ESS), along with a greenshoe option for an additional 500 MW. The order, issued on May 8, 2026 in Petition No. 2098 of…
JERA-led consortium to operate offshore wind project in Japan
JERA Co., Inc., Green Power Investment Co., Ltd. (GPI), and Tohoku Electric Power Co., Inc. (Tohoku Electric) have formed a consortium led by JERA to operate a 615 MW offshore wind project in the Sea of Japan, off the southern coast of Aomori Prefecture. Japan’s Ministry of Economy, Trade, and Industry and the Ministry of…
33 GW stuck in Rajasthan and Gujarat renewable zones as CTUIL struggles with planning, CERC memo shows
The Central Electricity Regulatory Commission (CERC) has published the explanatory memorandum accompanying the draft fourth amendment to the Connectivity and General Network Access (GNA) Regulations, 2022, providing fresh details on transmission planning constraints, stakeholder representations and the rationale behind the proposed regulatory changes. The draft amendment was issued on May 20, 2026, and comments were…
