Similar Posts
Websol signs MoU with Linton Crystal for PV ingot and wafer plan
Websol Energy System has entered an MoU with Linton Crystal Technologies to assess PV ingot and wafer manufacturing in India. The plan includes the purchase of ingot and wafer production equipment from Linton and the transfer of technical support and training to Websol’s team. The collaboration aims to lower dependence on imported ingots and wafers…
O2 Power wins 200 MW in SECI’s auction for renewable energy supply
Altra Xergi Power, a subsidiary of O2 Power, secured 200 MW in SECI’s auction for 8,000 MWh (2,000 MW x 4 hours) of peak renewable energy supply from ISTS-connected projects under tariff-based competitive bidding (FDRE-VI). The winning tariff was Rs 8.50 per kWh. The auction saw participation from ACME Solar Holdings and Avaada Energy, with…
Grenergy secures $324 million for Oasis de Atacama battery project
Grenergy has obtained $324 million in financing for phase four of its Oasis de Atacama project, named Gabriela. This phase includes 269 MW of solar capacity and 1.1 GWh of storage. Financing was provided by BNP Paribas, Natixis Corporate & Investment Banking, Société Générale, Bank of Nova Scotia, and SMBC. The same institutions also financed…
Waaree unit acquires minority stake in United Solar Holding
Waaree Solar Americas Inc., a wholly owned subsidiary of Waaree Energies Limited (WEL), has completed the acquisition of 53,68,551 Series B preferred shares of United Solar Holding Inc. for approximately USD 30 million. The transaction, first disclosed in December 2025, closed on March 16, 2026. Investment structure United Solar Holding Inc. is a US-based solar…
NHPC, ONGC Green sign MoU to develop pumped storage, renewable projects
NHPC Limited and ONGC Green Limited (OGL) have signed a Memorandum of Understanding (MoU) to explore opportunities for the development of pumped storage projects (PSPs) and other renewable energy projects across India. The MoU was signed on June 24, 2026, by Abhayanand Thakur, Executive Director (SBD&C), NHPC, and Harsh Nupur Joshi, Chief Executive Officer, ONGC…
Transmission system to come up for Sonbhadra Pumped Storage Projects
The transmission system for evacuating power from pumped storage projects (PSPs) in Sonbhadra District, Uttar Pradesh, is being planned to support renewable energy generation. Two major developers, Greenko and Avaada, have submitted applications for connecting a total of 3732 MW capacity from the Robertganj area in Sonbhadra. Greenko has submitted three applications for a combined…
