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SustVest raises $1.7 million to expand solar projects
SustVest has secured $1.7 million in equity and debt during its Pre-Series A funding round. The round was led by Inflection Point Ventures and Antler, with participation from WEH Ventures, Venture Catalysts, Soonicorn Ventures, FAAD Network, and others. The funds will be used to acquire solar projects, scale marketing for its regulated platform, improve operations,…
POWERGRID commissions RE transmission project, gets higher investment limit
Power Grid Corporation of India Ltd. (POWERGRID) has announced the full commissioning of a major interstate transmission system and Cabinet approval to raise its equity investment limit per subsidiary. The developments were disclosed in exchange filings on February 24, 2026. POWERGRID’s wholly owned subsidiary, POWERGRID Narala Transmission Limited, has commissioned an Inter-State Transmission System (ISTS)…
Servotech secures solar pump order in Uttar Pradesh
Servotech Renewable Power System Limited has secured an order to install 1,094 grid-connected solar-powered agriculture pumps under the PM KUSUM Scheme’s Component C-1. The Uttar Pradesh New and Renewable Energy Development Authority (UPNEDA) awarded the project, valued at approximately Rs 310 million. The project includes manufacturing, supply, installation, testing, and commissioning of solar pumps, along…
MoEFCC clears ToR for Saidongar pumped storage projects
The Ministry of Environment, Forest and Climate Change (MoEFCC) granted Terms of Reference (ToR) for the 3,000 MW Saidongar I (Closed loop) Pumped Storage Project and the 1,200 MW Saidongar II (Closed loop) Pumped Storage Project in Maharashtra on February 18, 2025. Torrent Power Limited (TPL) will implement the 3,000 MW Saidongar I project through…
Orb Energy commissions 800 kW rooftop solar system at Esteem Industries
Orb Energy has installed an 800-kW rooftop solar system at Esteem Industries in Alonde, Wada, Maharashtra. The system is set to generate over 1 million units of electricity annually, meeting approximately 80% of Esteem Industries’ daytime electricity needs and reducing carbon emissions by around 1,000 tonnes per year. The installation is expected to produce around…
Intersect Power, Google, and TPG Rise Climate to build clean energy
Intersect Power has partnered with Google and TPG Rise Climate to co-locate renewable energy infrastructure with data centres, aiming to meet the growing demand for clean power while reducing reliance on long-distance transmission. The initiative plans a $20 billion investment in renewable energy and storage by 2030, focusing on enhancing speed of deployment, grid reliability,…
