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QatarEnergy and TotalEnergies partner for solar project in Iraq
QatarEnergy has partnered with TotalEnergies to develop a 1.25 GW (peak) solar photovoltaic (PV) project in Iraq’s Basra region. Awaiting regulatory approvals, QatarEnergy and TotalEnergies will each hold a 50% stake in the solar facility, which ranks among the world’s largest solar projects. Equipped with two million bifacial solar panels and single-axis trackers, the project…
Adani Green forms two new renewable energy subsidiaries
Adani Green Energy Limited has set up two new wholly owned subsidiaries to support its planned growth in renewable power. The entities, Urjasetu Renewables Limited and Hydrobloom Power Limited, were incorporated on 02 December 2025 by Adani Renewable Energy Holding Eleven Limited. The company reported the move in a filing to the BSE and NSE…
Tata Power plans 10 GW ingot and wafer unit in Odisha
Tata Power Company Ltd has outlined a plan to set up a 10 GW ingot and wafer manufacturing facility in Odisha with an investment of Rs 10000 crore. The project is intended to expand the company’s solar manufacturing base and support its upstream supply chain. The company said ingots and wafers serve as core inputs…
Saatvik acquires 80% in Melcon, enters transformer manufacturing
Saatvik Green Energy Limited has signed a Share Purchase Agreement to acquire an 80% equity stake in Melcon Transformers and Electricals Private Limited, marking its entry into power equipment manufacturing as it expands beyond solar photovoltaic modules. The acquisition, valued at Rs 24 million, will be completed through cash consideration and is expected to close…
POWERGRID wins SR–ER transmission project
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under the tariff-based competitive bidding framework to establish the Inter-State Transmission System for the project titled “Inter Regional Strengthening between SR Grid and ER Grid.” The project will be implemented on a Build, Own, Operate and Transfer basis, and POWERGRID received the…
US Senate passes bill to cut clean energy tax credits by 2026
In a tight 51–50 vote, the US Senate has passed the One Big Beautiful Bill, with Vice President JD Vance casting the tie-breaking vote. The bill brings major shifts to the country’s renewable energy policy. The most significant change is an accelerated phase-out of tax credits for wind and solar projects. To qualify for production…
