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SAEL achieves financial closure for 300 MW solar project in Andhra Pradesh

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SAEL Solar MHP1 Private Limited, a special purpose vehicle (SPV) of Sukhbir Agro Energy Limited (SAEL), has achieved financial closure for a 300 MW solar project in Kurnool, Andhra Pradesh. The project is part of the 600 MW Inter-State Transmission System (ISTS)-Connected Solar Power Project (Tranche-XI) awarded by the Solar Energy Corporation of India (SECI). The SPV has secured Rs 11.27 billion (USD 132 million) in long-term debt financing. Funding includes Rs 3.76 billion (USD…

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Ahasolar wins Rs 1.18 million PFR order for 48 solar sites in Gujarat

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AHAsolar Technologies Limited has secured a new work order worth Rs 1.176 million from Gujarat Urban Development Company (GUDC). The order, dated May 15, 2025, is for preparing pre-feasibility reports (PFRs) for solar power projects across 48 locations in Gujarat. The project scope includes site surveys, technical assessments, and financial analyses. These are essential first steps in evaluating the potential for grid-connected solar photovoltaic (PV) installations. The company is expected to complete the assignment within…

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Hindustan Powerprojects to set up 300 MW solar project for UPPCL

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Hindustan Powerprojects Private Limited (HPPPL) has secured a Letter of Award (LoA) from Uttar Pradesh Power Corporation Limited (UPPCL) for a 300 MW/425 MWp solar project.  The installation will be Inter-State Transmission System (ISTS)-connected and located in Madhya Pradesh. The project is part of UPPCL’s plan to develop 2,000 MW of ISTS-connected solar capacity across India. HPPPL will be responsible for identifying land, setting up the plant, owning it, and maintaining it. The project will…

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CEA clarifies energy storage mandate for solar projects

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The Central Electricity Authority (CEA) has confirmed that the recently announced requirement to co-locate energy storage systems (ESS) with solar power plants will apply only to future tenders. Ongoing and past projects, including schemes like the PM Surya Ghar Muft Bijli Yojana, will continue under their existing rules without any new ESS obligations. Earlier, the Ministry of Power had issued an advisory recommending that all renewable energy implementing agencies include a minimum 2-hour ESS, equivalent…

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Adani Green and NTPC Green Energy commission solar projects

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Adani Green Energy Limited (AGEL) has commenced commercial operations for two solar power projects under its 30,000 MW Khavda Wind-Solar Hybrid Renewable Energy Power Park in Gujarat’s Rann of Kutch district.  Adani Green Energy Twenty Five A Limited began power generation for a 275 MW solar project on February 28, 2025, while Adani Green Energy Twenty Five B Limited started operations for an 83 MW solar project on March 1, 2025. The Khavda park is…

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West Bengal commissions 117.5 MW solar projects

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The Government of West Bengal (GoWB) has commissioned a total of 117.5 MW solar power projects in the state. This includes a 112.5 MW solar power project under Phase-I at Goaltore in Garbeta-II Block, West Medinipur district. The project is part of the 200 MW Ramnagar II Solar PV Project, being developed by West Bengal State Electricity Distribution Company Limited (WBSEDCL), with 125 MW in Phase I and 75 MW in Phase II. Additionally, a…

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JUWI Renewable to begin construction on solar projects in South Africa

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JUWI Renewable Energies will commence construction on three major private solar projects in South Africa, with a combined capacity of 340 MW and investments exceeding $320 million.  The projects will serve key players in the mining, data centre, and energy sectors, including Glencore, Teraco, Sasol, and Air Liquide. Together, the projects will generate over 1 million MWh of clean energy annually. The facilities include a 120 MW solar PV plant for Teraco Data Centres, a…

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Reliance incorporates two subsidiaries for renewable energy projects

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Reliance Energy Limited (REL), a subsidiary of Reliance Infrastructure Limited, has established two wholly-owned subsidiaries to implement renewable energy (RE) projects in India. The subsidiaries, Reliance Zetta SolarTech Private Limited and Reliance Zetta Solar Private Limited, will focus on solar and other RE power generation projects, as well as associated transmission and distribution projects.

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Plenitude acquires 49% stake in California solar and storage projects

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Plenitude, through its US subsidiary Eni New Energy, has signed an agreement with EDP Renewables North America LLC to acquire a 49% equity stake in two photovoltaic plants and an electricity storage facility under construction in California, US. The projects include the Sandrini 100 and Sandrini 200 solar farms, along with the Sandrini BESS storage facility. These plants share grid connection infrastructure and have a combined installed capacity of 499 MWdc, with Plenitude’s share amounting…

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Bank of Baroda secures loan awards for 800 MW solar projects in Gujarat

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Bank of Baroda (BoB) received Letters of Award (LoAs) from NLC India Limited to provide Rupee Term Loans (RTL) for two solar projects in Gujarat: 600 MW Khavda Solar PV Project – Phase XX (GUVNL) Loan amount: Rs 26.69 billion at an interest rate of 8.15% p.a. Project scope: Development of 600 MW grid-connected solar PV plants under GUVNL Phase XX on a build, own, and operate (BOO) basis at Khavda Solar Park (GSECL Stage…