solar

India | News | Renewable Energy

Solarworld Energy secures Rs 725 crore EPC order from NTPC
By December 29, 2025December 29, 2025

Solarworld Energy Solutions Limited announced that it has received a Letter of Award for the Engineering, Procurement, and Construction package of a 250 MWac grid-connected solar power project. The order, issued by NTPC Renewable Energy Limited, is valued at about Rs 725.33 crore, including taxes. The project is expected to be completed in the financial year 2026-27. In a separate disclosure dated December 22, 2025, the company stated that its wholly owned subsidiary, Znshine Solarworld…

Read More Solarworld Energy secures Rs 725 crore EPC order from NTPC
India | News | Renewable Energy

SJVN commissions 100 MW segment of Bikaner solar project
By December 15, 2025December 15, 2025

SJVN Limited has announced the commercial operation of a new 100.56 MW segment of its large-scale solar project in Rajasthan. The capacity has been added to the national grid by SJVN Green Energy Limited, which is the company’s wholly owned renewable energy subsidiary. In a filing dated 13 December 2025, the company informed the National Stock Exchange of India Limited and BSE Limited that SJVN Green Energy has achieved the Commercial Operation Date for the…

Read More SJVN commissions 100 MW segment of Bikaner solar project
India | News

Sterling and Wilson sets up a new subsidiary in Romania
By December 11, 2025December 10, 2025

Sterling and Wilson Renewable Energy Limited has formed a new step-down subsidiary in Romania as part of its international project development strategy. The company said its Dubai-based subsidiary, Sterling and Wilson International Solar FZCO, incorporated Sterling and Wilson Renewable Energy S.R.L on 08 December 2025. The company stated that the Romanian subsidiary will focus on the construction of utility projects for electricity. It has an authorised and subscribed capital of 100 Romanian Leu and was…

Read More Sterling and Wilson sets up a new subsidiary in Romania
India | News

Waaree Energies forms new subsidiary for IPP project development
By December 11, 2025December 10, 2025

Waaree Energies Limited has set up a new wholly owned step-down subsidiary to support its Independent Power Producer strategy. The company confirmed the incorporation of Solaris Horizon Energy Private Limited on 10 December 2025 through Waaree Forever Energies Private Limited, a wholly owned subsidiary. The company said in its filing that Solaris Horizon Energy Private Limited has been created as an Independent Power Producer. The subsidiary will be used to facilitate and hold identified power…

Read More Waaree Energies forms new subsidiary for IPP project development
India | Leadership | News

ACME Solar appoints new EPC president
By December 11, 2025December 10, 2025

ACME Solar Holdings Limited has appointed Mr KR Thiyagarajan as President of its EPC (Engineering, Procurement, and Construction) division and designated him as a Senior Management Personnel. ACME Solar said the Board of Directors approved the appointment after a recommendation from the Nomination and Remuneration Committee. He will report to the Chief Executive Officer. The company also changed the reporting structure for Harjinder Kamboj, who previously served as Vice President of Quality and as a…

Read More ACME Solar appoints new EPC president
India | News | Renewable Energy

Emmvee signs 4.5 GWp TOPCon cell supply deal and advances 6 GW expansion
By December 10, 2025December 10, 2025

Emmvee Energy, a subsidiary of Emmvee Photovoltaic Power, has signed a long term agreement to supply 4.5 GWp of tunnel oxide passivated contact solar cells to a domestic buyer. The contract will run from December 2025 to December 2030. The company said the deal was concluded on an arm’s length basis with no promoter involvement. The agreement comes as Emmvee accelerates its manufacturing expansion. The company recently paid Rs 2.12 billion to the Karnataka Industrial…

Read More Emmvee signs 4.5 GWp TOPCon cell supply deal and advances 6 GW expansion
India | News | Renewable Energy

Kundan Green and Havells plan captive solar project in Rajasthan
By December 10, 2025December 10, 2025

Kundan Green Energy has entered a partnership with Havells India Limited to set up a captive solar project in Rajasthan through a special purpose vehicle (SPV) called Kundan Solar (Pali) Private Limited. The project involves an investment of Rs 725 million and will supply captive power to Havells. Kundan Green Energy and Havells will work through the SPV to design, develop, install and operate a 21.43 MWp or 15 MWAC solar plant. Havells will hold…

Read More Kundan Green and Havells plan captive solar project in Rajasthan
India | News | Renewable Energy

Mufin Green Finance raises Rs 900 million through listed NCD issuance
By December 9, 2025December 9, 2025

Mufin Green Finance Limited has raised Rs 900 million through a private placement of secured, rated and listed non convertible debentures. The proceeds will support the company’s rooftop and commercial solar installations, electric mobility initiatives and health insurance premium financing. The company issued 9,000 non convertible debentures priced at Rs 0.1 million each. The instruments carry an 11.75 per cent coupon paid semi annually and have a tenure of 4 years, 11 months and 23…

Read More Mufin Green Finance raises Rs 900 million through listed NCD issuance
India | News | Policy & Programmes

UGVCL issues uniform method for banking charge and setoff calculations
By December 5, 2025December 5, 2025

Uttar Gujarat Vij Company Limited (UGVCL) has directed all circle offices to follow a uniform method for calculating banking charges and energy setoff for captive and third-party sale solar projects. The instruction defines a fixed calculation sequence for net payable units and includes an illustrative example to guide implementation. The directive states that the methodology needs to remain uniform across DISCOMs. It cites the Gujarat Electricity Regulatory Commission Tariff Order No. 6 of 2024 on…

Read More UGVCL issues uniform method for banking charge and setoff calculations
India | News | Renewable Energy

SWREL reports its largest domestic solar EPC win of the fiscal year
By December 3, 2025December 3, 2025

Sterling and Wilson Renewable Energy Limited has reported major new orders and a strategic partnership with Adani Green Energy Limited. The company shared the update through a press release on 01 December 2025 and said the development strengthens its position in India’s renewable energy EPC market. SWREL stated that it has received orders worth about Rs 1,381 crore, excluding taxes, for the Balance of System package for three solar projects in the Khavda Renewable Energy…

Read More SWREL reports its largest domestic solar EPC win of the fiscal year