Uttar Pradesh is stepping up its solar push. The state plans to install 8 lakh rooftop solar units by March 2027 under the PM Surya Ghar Yojana. The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) is leading the effort. For the current financial year, the target is 2.65 lakh units. To stay on track, the state is aiming for 22,000 installations every month. The goal is to boost solar energy use in homes…
Energy Efficiency Services Limited (EESL), a joint venture under the Ministry of Power, has launched a national initiative to deploy solar-powered micro cold storage units. The aim is to reduce post-harvest losses and improve farm-level infrastructure for small and marginal farmers. The pilot unit was inaugurated in Kullu, Himachal Pradesh, with support from the Asian Development Bank. Similar units will now be deployed in Andhra Pradesh, Rajasthan, Uttar Pradesh, and Odisha. These will provide decentralised,…
Insolation Green Energy Private Limited, a wholly-owned subsidiary of Insolation Energy Limited, secured a Rs 360.1 million contract with Nexgen Energies Private Limited on April 13, 2025. The contract is for the supply of Mono PERC solar photovoltaic (PV) modules, which will be used for a solar power project in India. The modules are expected to be supplied in FY 2026. Insolation Energy is known for manufacturing high-efficiency solar panels and modules in various sizes….
Waaree Renewable Technologies Limited (WRTL) has been officially listed on the National Stock Exchange of India (NSE), marking a key milestone for the company. The NSE listing is expected to strengthen Waaree’s market presence, improve investor engagement, and support access to capital for future expansion. WRTL plans to scale its solar capacity, explore hybrid energy solutions, and expand its footprint in both Indian and global markets. A subsidiary of Waaree Energies Limited, WRTL benefits from…
JSL Super Steel, a subsidiary of Jindal Stainless Limited (JSL), has signed a power purchase agreement with Sunsure Energy. The agreement is for the supply of 11 MWp solar power at its plant in Ghaziabad, Uttar Pradesh. The solar power will be sourced from Sunsure’s 49 MWp open access solar project located in Augasi, Banda district. This project has been developed under the “Uttar Pradesh State Power Banking Policy”. Through this agreement, JSL will meet…
Trincomalee Power Company Limited (TPCL), a 50:50 joint venture between NTPC Limited and Sri Lanka’s Ceylon Electricity Board (CEB), has started work on a 50 MW solar project in Sri Lanka’s eastern province. This marks a key step in cross-border energy cooperation. The project is part of a larger plan to develop 120 MW of solar capacity in phases. Phase I, comprising the initial 50 MW, has secured both the power purchase agreement with CEB…
MPERC approves Nahar Spinning Mills’ review petition on RPO compliance The Madhya Pradesh Electricity Regulatory Commission (MPERC) has approved Nahar Spinning Mills Limited’s petition for a review of the order dated October 4, 2024, in suo motu Petition No. 45 of 2024. The commission noted that in response to a notice requesting details of open access energy drawn from the energy exchange between FY 2010-11 and FY 2023-24, the petitioner submitted data on renewable energy…
The US Energy Information Administration (EIA) projects that solar power will lead the growth in US power generation through 2027. In its latest short-term energy outlook, the EIA estimates utilities and independent power producers will add 26GW of solar capacity in 2025 and 22GW in 2026, following a record 37GW added in 2024. Wind power is also expected to grow, with 8GW forecasted in 2025 and 9GW in 2026. Renewable generation will rise by 12%…
Waaree Solar Americas, a wholly-owned subsidiary of Waaree Energies Limited (WEL), has begun the commercial production of solar modules at its manufacturing facility in Brookshire, Texas, with a capacity of 1,600 MW. This facility marks a key step in localising solar module manufacturing in the United States, supporting job creation and reducing dependence on imported solar products. The Texas plant will produce high-quality photovoltaic modules to meet the growing demand for renewable energy solutions in…
CleanMax has secured a long-term credit facility of AED 99 million from Hong Kong and Shanghai Banking Corporation (HSBC) to develop and finance its onsite solar portfolio in the UAE. The facility will support the installation of 92 solar assets across industrial facilities, malls, schools, and universities. Additionally, the financing includes an uncommitted accordion of AED 37 million for future projects, in line with the UAE’s Net Zero 2050 strategy.