|

Waaree secures Rs 2.77 billion solar EPC project

Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited) has received a Letter of Intent (LoI) to develop a 105 MWp solar power project on an engineering, procurement, and construction (EPC) basis in India. The LoI, valued at Rs 2,772 million, was awarded on January 20, 2025. The project is scheduled for completion in the financial year 2026.

|

Reliance to invest Rs 100bn in Asia’s largest solar project

Reliance NU Suntech, a subsidiary of Reliance Power, plans to invest Rs 100 billion ($1.16 billion) in a solar power plant with a battery energy storage system (BESS) in Kurnool, Andhra Pradesh.  The project, set to be Asia’s largest solar and BESS initiative, will include a 930 MW solar energy facility and a 465 MW/1,860 megawatt-hours BESS, ensuring peak power supply for four hours daily. The project is part of a larger 2,000 MW bid…

|

Mirova invests $10 million to fund C&I solar projects in Vietnam

Mirova, an affiliate of Natixis Investment Managers, has invested $10 million in ecoligo, a global provider of commercial and industrial (C&I) solar solutions.  This investment will fund a portfolio of greenfield C&I solar rooftop projects in Vietnam and marks the Mirova Gigaton Fund’s first investment in the country. The senior debt financing will enable ecoligo to expand its C&I solar business in Vietnam, further advancing Sustainable Development Goal (SDG) 13, focusing on climate change mitigation….

|

NTPC commissions second part of solar projects in Rajasthan and Madhya Pradesh

NTPC Renewable Energy Limited (NTPC REL), a subsidiary of NTPC Limited, has declared the commercial operation of the second part capacities of two solar projects. The 60 MW capacity from the 320 MW Bhainsara solar project in Jaisalmer, Rajasthan, became operational on January 7, 2025, following the earlier commissioning of 160 MW on August 28, 2024.  Meanwhile, the 50 MW capacity from the 220 MW Shajapur Solar Project (Unit-II) in Madhya Pradesh was declared operational…

|

Rajasthan allocates 4,000 hectares for 2,000 MW solar project

Rajasthan Chief Minister Bhajan Lal Sharma has approved the allocation of 4,000 hectares in Bodana village, Jaisalmer district, to the Rajasthan Solar Park Development Company for establishing a 2,000 MW solar power project.  This initiative aligns with the state’s commitment to advancing renewable energy and supporting clean energy goals.

|

Kosol Energie secures Rs 5.57 billion contract for solar module supply in Gujarat

Kosol Energie Private Limited has won a contract from NLC India Limited to supply 393.9 MWp bifacial solar modules for the 600 MW Khavda Solar PV Project-Phase XX (GUVNL) in Gujarat. The firm bid Rs 5.57 billion for the project. NLC invited bids for the project in August 2024. The scope includes manufacturing, supply, packing, forwarding, and transportation of 393.9 MWp Mono Crystalline/Topcon Silicon bifacial solar photovoltaic (PV) modules, with a minimum wattage of 540…

|

EDF Renewables begins commercial operations at Huck Finn solar project

EDF Renewables North America commenced commercial operations at the Huck Finn solar project in December 2024.  Developed for Ameren Missouri, a subsidiary of Ameren Corporation, the project has a 200 MWac / 270 MWdc capacity and is now delivering electricity. The project is expected to generate over $14 million in revenue for local communities in Audrain and Ralls Counties and meet the energy needs of over 37,000 homes at full capacity. It will also support…

|

Aether Industries commissions 15 MW solar project in Gujarat

Aether Industries has commissioned a 15 MW solar power project in Bharuch, Gujarat, in partnership with KPIG Energia, a subsidiary of KPI Green Energy.  The project, under the captive power producer segment, features advanced auto-tracker modules that optimize energy output by aligning with the sun’s trajectory. This installation aligns with Aether Industries’ Environmental, Social, and Governance (ESG) goals and is expected to save over Rs 150 million annually in energy costs while significantly reducing its…

|

ACME Solar commissions 1,023 MW solar projects in Rajasthan

ACME Solar has commissioned four co-located ISTS-connected solar projects totaling 1,023 MW in Rajasthan’s Jaisalmer district.  The 1,200 MW capacity project already has a 25-year power purchase agreement with the Solar Energy Corporation of India (SECI) at a tariff of Rs 2.44 per kWh. The remaining 177 MW of the project is in the commissioning process. Once fully operational, the project will generate around 3,000 MUs of clean electricity annually, offsetting 2.6 million tonnes of…