renewable energy expansion

India | News | Renewable Energy

Saatvik Solar leases 185 acres in Madhya Pradesh for manufacturing
By March 26, 2026March 26, 2026

Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy Limited, has executed a lease deed with MP Industrial Development Corporation Limited for 185 acres of land in Madhya Pradesh, the company said in a regulatory filing. The leased land, measuring about 7.48 lakh square metres, is located at Plot No. 5, Industrial Area, Mohasa-Babai, Phase 2, Tehsil Makhan Nagar, in Narmadapuram district. The lease tenure is 99 years. The site falls within…

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India | Generation | News

NTPC board clears pumped storage JV and Mauritius subsidiary
By December 24, 2025December 24, 2025

In a regulatory filing dated 23 December 2025, NTPC Limited stated that its board of directors granted in principle approval to form a 50:50 joint venture in India with EDF Power Solutions India Private Limited. The proposed joint venture will focus on the development of Pumped Storage Plants (PSP), which support large scale energy storage and the integration of renewable energy into the power grid. NTPC stated that in February, it had signed a non-binding…

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India | News

Adani promoters raise stake in AGEL through warrant conversion
By July 23, 2025July 23, 2025

Ardour Investment Holding, a promoter entity of the Adani Group, has increased its stake in Adani Green Energy Limited (AGEL) to 62.5 per cent following the conversion of share warrants into equity. The warrants were originally issued in January 2024 at Rs 1,480.75 per unit, with a 25 per cent upfront payment. The remaining amount was paid upon conversion on July 18 at a revised price of Rs 1,110.56 per unit, after approval by the…

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India | News

JSW Energy to invest Rs 140 billion in O2 Power
By May 22, 2025May 22, 2025

JSW Energy Limited has announced an investment of Rs 140 billion to expand the renewable energy capacity of its O2 Power platform. The company plans to scale up O2 Power’s portfolio to 4.7 GW by June 2027. O2 Power currently has 1.3 GW of installed capacity. An additional 2,259 MW is expected to become operational by June 2025, with 1,463 MW under construction and 974 MW in the development pipeline. JSW Energy acquired O2 Power…

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India | News

Jakson Green to invest Rs 86.66 billion in renewable energy expansion
By March 19, 2025March 19, 2025

Jakson Green plans to invest up to Rs 86.66 billion over the next four years to expand its renewable energy portfolio. The investment will be financed through a mix of debt and equity as the company strengthens its position in the sector. Originally focused on diesel generator manufacturing, Jakson Green has diversified into renewable energy over the past two years. Its portfolio now includes distributed energy, solar modules and inverters, biofuels, and engineering, procurement, and…

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Global | News

ENGIE expands Ras Ghareb wind farm in Egypt to 650 MW
By January 15, 2025January 15, 2025

ENGIE has announced an expansion of its wind farm in Ras Ghareb, Egypt, increasing its capacity from 500 MW to 650 MW. Developed by the Red Sea Wind Energy Consortium—comprising ENGIE, Orascom Construction, Toyota Tsusho, and Eurus Energy—the project is the largest wind farm in Africa. The expansion includes a new 25-year revenue agreement with the Egyptian Electricity Transmission Company. The wind farm supports Egypt’s goal of achieving 42% renewable energy by 2030. Once fully…

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India | News

NTPC starts operations on 110 MW solar capacity in Rajasthan and Madhya Pradesh
By January 13, 2025January 13, 2025

NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has commenced commercial operations on a cumulative 110 MW capacity under two major solar power projects in Rajasthan and Madhya Pradesh. Rajasthan: NTPC REL started commercial operations on 60 MW of the 320 MW solar power project in Bhainsara, Jaisalmer, on January 7, 2025. The entire 320 MW capacity, part of the 470 MW grid-connected solar PV project (Tranche III), is expected to be…

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Global | News

Orlen signs €244m deal with EIB for renewable energy grid expansion
By December 24, 2024December 24, 2024

Orlen has secured a second agreement with the European Investment Bank (EIB) for nearly 1bn zlotys ($244m) to fund its strategic electricity distribution network programme. The investment will enhance renewable energy connections, including the development of 1,000 new EV charging points and an expansion of grid capacity to integrate 1.4GW of clean energy, powering 900,000 households. The programme will enable Energa Operator, an Orlen Group company, to begin projects in 2025, constructing 830km of power…

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Global | News

Citicore partners with Trinasolar for solar module supply in Philippines
By November 14, 2024November 14, 2024

Citicore Renewable Energy Corporation (CREC) has entered into a contract with Trinasolar to procure 2 GW of Vertex N 720W solar modules. Under the contract, Trinasolar will supply its Vertex N 720W Series solar modules for CREC’s rollout of 2 GW solar capacity, aligning with the Philippines government’s renewable energy programs, including the Green Energy Auction. This partnership, which now totals 3 GW, supports CREC’s target of 5 GW of renewable energy capacity in five…

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