Renewable Energy

Global | News

Envision Energy and SUN Terra partner to scale energy storage in Asia-Pacific
By June 17, 2025June 16, 2025

Envision Energy Group has formed a strategic partnership with SUN Terra to build a full-scale energy storage ecosystem across Southeast Asia, India, and Australia. The collaboration will advance deployment of energy storage system (ESS) technologies and strengthen regional supply chains. The partnership covers procurement, distribution, local assembly, technology licensing, and solution delivery. Envision and SUN Terra plan to operate across the ESS value chain to speed up deployment and improve market access. Localised manufacturing is…

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India | News

CIL forms JV with RRVUNL to develop renewable projects
By June 16, 2025June 16, 2025

CIL India Limited (CIL) has incorporated a new joint venture company, CIL Rajasthan Akshay Urja Limited, on June 12, 2025, to develop renewable energy projects in Rajasthan. The joint venture has been formed under a Joint Venture Agreement (JVA) signed between CIL and Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL). The JV company will focus on developing, constructing, and operating solar power projects (SPPs), pumped storage projects (PSPs), and wind power projects. It may also…

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India | News

REC board approves Rs 1.55 trillion bond plan, to strike off Rajgarh III SPV
By June 11, 2025June 11, 2025

REC Ltd has announced two major decisions following its board meeting held on June 4, 2025. First, the company plans to raise to Rs 1.55 trillion through private placement of unsecured or secured non-convertible debentures or bonds. This fundraising, subject to shareholder approval, will take place over the next year in one or more tranches, with clearances from the competent authority. Second, REC has proposed striking off “Rajgarh III Power Transmission Ltd,” a wholly owned…

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Global | News

Indonesia plans 69.5 GW new capacity by 2034
By June 10, 2025June 10, 2025

Indonesia’s Ministry of Energy and Mineral Resources has released its 2025–2034 Electricity Supply Business Plan, targeting 69.5 GW of new power generation capacity. Of this, 76 per cent will come from renewable sources and storage systems. The plan aligns with Indonesia’s goal to reach net-zero emissions by 2060. It addresses rising electricity demand, especially in urban areas, and aims to modernise the energy mix. In the first phase (2025–2030), 27.9 GW will be added. This…

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India | News

States discuss power reforms at northern region conference
By June 9, 2025June 9, 2025

The Regional Conference for Northern States and Union Territories was held on 6 June in Chandigarh. Shri Manohar Lal, Union Minister of Power and Housing & Urban Affairs, chaired the meeting. With peak demand expected to rise to 446 GW by 2034–35, Shri Manohar Lal called for a balanced mix that includes nuclear generation. The Minister asked States to resolve issues delaying intra-state transmission projects and to consider multilateral funding sources. On grid security, he…

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India | News

Vedanta expands RTC renewable energy capacity to 1.03 GW
By June 9, 2025June 9, 2025

Vedanta Limited has scaled up its round-the-clock (RTC) renewable energy capacity to 1.03 GW through a combination of wind, solar, and pumped storage projects. This expansion is expected to reduce carbon emissions by over 6 million tonnes each year. As part of its decarbonisation plan, the company reported using 2.61 billion units of renewable energy in its operations. Vedanta also runs one of the largest lithium-ion forklift fleets at its aluminium plants, uses LNG-powered trucks…

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India | News

Lloyd Metals to invest in wind-solar hybrid projects in Maharashtra
By June 5, 2025June 5, 2025

Lloyd Metals and Energy Limited is expanding its renewable energy portfolio. The company’s Board of Directors has approved signing a Share Subscription and Shareholders Agreement (SSSHA) with Hexa Climate Solutions Private Limited. Under this agreement, Lloyd Metals will invest Rs 120 million in Hexa Energy W2 Private Limited and Rs 100 million in Hexa Energy MH3 Limited. These are special purpose vehicles (SPVs) of Hexa Climate. In return, Lloyd will acquire a 26 per cent…

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India | News

Adani Green forms new subsidiary for RE projects
By June 5, 2025June 5, 2025

Adani Saur Urja (KA) Limited, a wholly owned subsidiary of Adani Green Energy Limited (AGEL), has incorporated a new entity—Adani Hydro Energy Ten Limited (AHE10L). The new company will support AGEL’s growing renewable energy portfolio across India. AHE10L has been set up to undertake the generation, development, transformation, distribution, transmission, and sale of power from renewable energy sources. These include wind, solar, and other non-fossil fuel-based technologies. The move aligns with Adani Green’s strategy to…

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India | News

Enviro Infra Engineers acquires full stake in Sunaxis Renewables
By June 4, 2025June 4, 2025

Enviro Infra Engineers Limited has approved the acquisition of a 100 per cent equity stake in Sunaxis Renewables Private Limited from its wholly owned subsidiary, EIE Renewables Private Limited. Following the transaction, Sunaxis Renewables will become a step-down wholly owned subsidiary of Enviro Infra Engineers. Sunaxis Solar Power Private Limited focuses on solar solutions for industrial operations. With over 30 years of experience, the company has executed more than 200 MW of solar projects and…

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India | News

IMFA signs PPA with Ampin Energy for hybrid renewable supply
By June 3, 2025June 3, 2025

Indian Metals & Ferro Alloys Limited (IMFA) has signed a long-term power purchase agreement (PPA) with Ampin Energy Utility One Private Limited for a contracted demand of 40 MW of hybrid renewable power. The agreement has been signed for 25 years. The hybrid project will include 58 MW of solar and 58 MW of wind capacity. This agreement follows a binding term sheet signed on February 25, 2025. Earlier, in December 2024, IMFA entered into…

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