Waaree Energies Limited has received a Letter of Award to supply 180 MW of solar modules, rated at 585/590 Wp, for a renewable energy project in India.
The modules will be supplied to a well-established domestic customer, with delivery scheduled for the financial year 2025-26.
Additionally, Waaree Energies has secured an order to supply 150 MWp of n-type TOPCon bifacial glass-glass solar modules, also rated at 585/590 Wp, for another renewable energy project in India.
The Government of the Philippines has initiated the MTerra Solar Project in Nueva Ecija and Bulacan, with an investment of $3.4 billion. The project aims to generate 4,500 MWh of energy, supplying electricity to approximately 2.4 million homes by 2027. This initiative is a collaboration between Terra Solar Philippines, Meralco PowerGen Corporation (MGEN), and SP New Energy Corporation (SPNEC). It is expected to reduce carbon emissions by over 4.3 million tonnes annually, equivalent to removing…
Tata Electronics has commenced the construction of a Rs 270 billion chip assembly plant in Assam. The facility, located in Jagiroad, Morigaon district, is expected to be operational by next year. The plant will produce 4,830 million chips daily using indigenously developed technologies. The construction began within five months of approval. The chips produced will be used in vehicles, including electric vehicles, 5G technology, and network infrastructure. India Semiconductor Mission aims to develop 85,000 talents,…
UK-based asset manager Intermediate Capital Group (ICG) has partnered with South Korean energy firm ST International (STI) to acquire a 50% stake in Revent Energy, with STI retaining the other half. This collaboration aims to strengthen Revent Energy’s onshore wind development strategy in South Korea, targeting 500 MW of installed capacity by 2029 through project acquisition, construction, ownership, and operation. Revent Energy currently holds stakes in two wind farms, Yeongyang Wind Power and Youngduk Wind…
JSW Renew Energy Thirty Two Limited, a subsidiary of JSW Energy Limited (JSWEL), has signed a definitive agreement with DCM Shriram Limited to establish a 68 MW wind-solar hybrid power project in Kota, Rajasthan. The project will supply renewable energy to DCM Shriram, replacing the power currently procured from its 40 MW thermal power project. Additionally, the Board of Directors of DCM Shriram has approved an equity investment of 28% stake and a capital expenditure…
At the RE-Invest event in Gandhinagar, Gujarat, several renewable energy developers have made significant capacity creation commitments as part of their “Shapath Patra” agreements with the government. Reliance Industries (RIL) has pledged to set up 100,000 MW of additional renewable capacity by 2030, alongside manufacturing 20,000 MW per year of integrated solar PV and equivalent glass capacity. Other major commitments include: NTPC Ltd: 41,300 MW ReNew: 40,000 MW Adani Green Energy: 38,300 MW Hero Future…
Masdar and Albania’s Korporata Elektroenergjitike Shqiptare (KESH) have signed a term sheet agreement to jointly explore gigawatt-scale renewable energy projects in Albania. This collaboration will focus on developing, constructing, and operating solar, wind, and hybrid energy projects, with potential integration of battery storage to enhance Albania’s clean energy infrastructure. The generated energy will serve both domestic demand and exports to neighboring countries. This agreement marks a further step in Masdar’s global renewable energy expansion, with…