Waaree Energies Limited has received orders to supply solar photovoltaic (PV) modules for two projects totalling 398 MW.
The orders, awarded by a prominent renewable power developer in India, include 298 MW and 149 MW of solar PV modules.
The Ministry of Coal has issued vesting orders for five coal blocks under the commercial coal block auction process through its nominated authority. The blocks include Tandsi III, Tandsi III Extension, Senduri, West of Tubed, Chitarpur (revised), and Phutamura. Four of these are partially explored, while one is fully explored. The projects are expected to…
I Squared Capital has launched Cube Grid, a $1 billion platform focused on investing in India’s power transmission sector. The Miami-headquartered firm said the platform will build and acquire transmission infrastructure assets to support rising electricity demand and grid expansion requirements in India. I Squared Capital has signed definitive agreements for seed assets comprising more…
Prozeal Green Energy Limited has entered into a power purchase agreement (PPA) with Grasim Industries Limited to develop a 70 MW wind–solar hybrid project. The capacity includes 49.5 MW in Gujarat and 20.5 MW in Andhra Pradesh. The project underscores Prozeal’s strategy to expand its portfolio in integrated renewable solutions, combining wind, solar, battery energy…
Canadian Solar’s e-STORAGE division has signed contracts with Copenhagen Infrastructure Partners (CIP) to deliver 2GWh of battery energy storage for two major projects in Scotland: Coalburn 2 and Devilla. e-STORAGE will provide 450 SolBank 3.0 battery containers for the Coalburn 2 project in South Lanarkshire and the Devilla project in Fife. Both projects are set…
Oben Electric has secured $5.82 million in its Series A funding round, with contributions from Ambis Holding US, Kuberan Ventures, Karimjee Group, Mission Vertical’s US-based venture capital entity, and several family offices. The funds will be used to expand its distribution network and Oben Care services to over 100 showrooms across 50 cities in India…
Adani Power Limited has reported a net profit of Rs 127.50 billion in 2024–25, a decline of 38.78 percent from Rs 208.29 billion recorded in the previous year. Total income fell 2.28 percent to Rs 589.06 billion in FY25 from Rs 602.81 billion in FY24. However, one source indicated a 10 percent growth in revenue…