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Goldi Solar to reach 14-GW solar module mfg capacity by FY26
Indian solar manufacturer Goldi Solar has announced plans to significantly expand its production capacity over the next few years. The company aims to increase its solar module capacity from 3GW to 14GW by mid-FY2026 and build a new 4GW solar cell plant by FY2027. The new solar module plant will be located in Gujarat, where Goldi Solar already operates two assembly plants in Pipodara and Navsari with a combined 3GW capacity. This expansion is part…
ADB approves $500 million loan to accelerate Indonesia’s energy transition
The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support Indonesia’s shift towards sustainable energy. This loan, part of the Affordable and Sustainable Energy Transition Program, aligns with Indonesia’s goal to meet its enhanced nationally determined contribution and reach net zero power emissions by 2050. This first tranche of a two-part program aims to facilitate the country’s transition from fossil fuels to cleaner energy by developing a regulatory framework, improving sector…
Masdar, Sarawak Energy, and Gentari explore floating solar plant in Malaysia
UAE’s Masdar has entered a joint study agreement with Sarawak Energy and Gentari to evaluate the feasibility of a floating solar power plant at the Murum Hydroelectric Plant reservoir in Sarawak, Malaysia. The study will assess the technical feasibility, environmental impact, and economic viability of the project. If implemented, the floating solar plant would strengthen Sarawak’s renewable energy capacity and set a regional example for floating solar solutions. Sarawak Energy Group CEO Datuk Sharbini Suhaili…
JSW Neo secures 200 MW wind-solar hybrid project in Maharashtra
JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution (MSEDCL) for a 200 MW wind-solar hybrid power project. This award follows a tariff-based competitive bid under MSEDCL-Phase III. With this new project, JSW Neo Energy’s total locked-in generation capacity reaches 17.2 GW, which includes 2.9 GW of hybrid capacity (including FDRE). Currently, the company has a generation capacity of 7.5 GW and aims…
NCT recommends major ISTS schemes worth over Rs 220 billion
In its latest meeting, the National Committee on Transmission (NCT) recommended interstate transmission system (ISTS) schemes worth over Rs 220 billion to the Union power ministry for final clearance. A total of ten ISTS schemes, costing Rs 227.3 billion, were discussed. Of these, seven schemes (costing Rs 93.99 billion) will follow the tariff-based competitive bidding (TBCB) mode, while three schemes (costing INR 133.38 billion) will use the regulated tariff mechanism (RTM). TBCB Schemes Each of…
Emeren and Arpinge partner on 300MW battery storage portfolio in Italy
US-based Emeren Group has entered a co-development agreement with Arpinge to establish a 300MW battery energy storage system (BESS) portfolio in southern Italy, bolstering Emeren’s presence in the Italian BESS market where it already has 1.37GW in its permitting pipeline. This partnership with Arpinge, a permanent capital vehicle backed by Italian pension funds, aligns with Italy’s energy transition goals, focusing on enhancing grid stability and integrating renewables. Emeren Group CEO Yumin Liu highlighted the collaboration…