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India adds record 6.05 GW wind capacity in FY 2025-26
India added 6.05 GW of wind power capacity in FY 2025-26, marking the highest annual addition on record and surpassing the previous peak of 5.5 GW in FY 2016-17. The increase represents a 46% rise over FY 2024-25. With this addition, the country’s total installed wind power capacity has crossed 56 GW. Gujarat, Karnataka, and…
Gautam Solar to expand solar module manufacturing to 5 GW by 2025
Gautam Solar plans to increase its solar module manufacturing capacity to 5 GW by 2025, with the first phase of expansion to be completed in November 2024, followed by phases in January and April 2025. The Rs 100 billion project will be funded through an IPO, expected in the next 12-18 months. The IPO will…
Oklo and Switch sign historic 12GW clean power deal
Switch has selected Oklo, a nuclear technology company, to deploy 12GW of Oklo Aurora powerhouse projects by 2044. The projects are part of a non-binding master power agreement, one of the largest corporate clean power deals to date, setting the stage for future binding power purchase agreements. Oklo will develop, construct, and operate the powerhouses…
Coal ministry amends rules to let company boards approve new mine openings
The Ministry of Coal has notified the Colliery Control (Amendment) Rules, 2025, allowing coal company boards to approve the opening of new mines, seams or sections of seams. The change removes the need for prior permission from the Coal Controller’s Organisation (CCO), aiming to speed up coal production while retaining statutory safeguards. The amendment modifies…
CREC and Sungrow sign agreement for 1.5 GWh BESS supply
Citicore Renewable Energy Corporation (CREC) has signed a supply and services agreement with Sungrow for the development of Battery Energy Storage Systems (BESS) to support its solar power projects. Under the agreement, CREC will procure 1.5 GWh of BESS from Sungrow. Sungrow will also assist with the engineering and construction design of the BESS to…
CESC subsidiary to acquire Chandigarh electricity distribution company
Eminent Electricity Distribution, a subsidiary of CESC under the RP-Sanjiv Goenka Group, has secured a letter of intent (LoI) to acquire 100 per cent equity in Chandigarh’s electricity distribution and retail supply company for Rs 8.71 billion. This marks a major step in the privatisation of power distribution in the union territory, following nearly three…
