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Hyundai names Tamil Nadu as flagship EV hub for India
Hyundai Motor India Limited (HMIL) has announced that Tamil Nadu will serve as its “Flagship EV Hub for India,” as the company expands its electric vehicle (EV) manufacturing, localization, charging infrastructure, and skill development initiatives in the state. The company plans to launch two new models from its Chennai facility this year, including its first…
Solar plus storage can meet 90% of India’s demand at Rs 5.06/kWh: Ember
Solar power combined with battery storage can supply up to 90% of India’s electricity demand at a levelised cost of Rs 5.06 per kWh, according to a new analysis by Ember published on April 7, 2026. The study finds the model to be economically viable across most major states. The report, titled “Battery storage is…
Rajesh Power gets LoI for 65 MW / 130 MWh BESS project in Gujarat
Rajesh Power Services Limited has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for developing a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) facility at Virpore in Gujarat. The company informed the stock exchanges about the award on January 5, 2026. The project forms part of…
Masdar to develop 1GW renewable energy projects in Philippines
Masdar, the United Arab Emirates’ clean energy provider, has entered the Philippines renewables market with agreements to develop 1GW of solar, wind, and battery energy storage systems (BESS) by 2030. The agreements, signed with the Philippines Department of Energy (DoE) and the Board of Investments, support the country’s energy transition programme. This initiative aims to…
MP allots additional land to industrial area for RE manufacturing
The Madhya Pradesh government, led by Chief Minister Dr. Mohan Yadav, has allocated an additional 442.04 acres to the Mohasa-Babai Industrial Area in Narmadapuram, doubling its size to 884 acres. The expansion aims to boost manufacturing in electric and renewable energy equipment. The state Cabinet has also revised allotment processes and facilities for businesses in…
Coal India, Adani Power, BHEL, L&T, and NLCIL post Q2 FY26 results
Coal India Limited (CIL) reported a net profit of Rs 42.63 billion for the second quarter of FY26, a decline of 32.08 per cent from Rs 62.75 billion in the same period last year. Total income fell 1.10 per cent to Rs 323.27 billion from Rs 326.87 billion a year earlier. Adani Power posted a…
