Waaree Renewable Energy Technologies Limited (formerly Sangam Renewables Limited) has won a contract to supply solar modules for a cumulative 524 MWp solar power project in India.
The contract, awarded on December 2, 2024, includes 364 MWp and 160 MWp capacities, with module supplies slated to commence in FY 2025 and FY 2026, respectively.
Envision Energy India’s wind turbine model EN-182/5.0 50 Hz TC has been approved under the Ministry of New and Renewable Energy’s (MNRE) Revised List of Models and Manufacturers (RLMM). This approval is mandatory for supplying wind turbines in India. The EN-182/5 MW turbine has a 181 metre rotor diameter, 105.56 metre hub height, and 89…
The Ministry of Power has introduced tariff-based competitive bidding guidelines for procuring stored energy from existing, under-construction, or new Pumped Storage Projects (PSP). As per the National Electricity Plan 2023, India will require 74 GW/411 GWh of energy storage systems by 2031-32, including 27 GW/175 GWh from PSP and 47 GW/236 GWh from Battery Energy…
ACME Solar Holdings Limited has commissioned the third phase of its 300 MW/1,409.34 MWh battery energy storage system (BESS) project in Rajasthan, taking total commissioned capacity at the site beyond 100 MW. The commissioning was executed through its wholly owned subsidiary, ACME Sun Power Private Limited. The third phase, with a capacity of 33.333 MW…
The Delhi Electricity Regulatory Commission (DERC) has released draft regulations to establish the threshold size for intrastate transmission system (InSTS) schemes developed under the tariff-based competitive bidding (TBCB) mechanism. The regulations, titled “Draft Delhi Electricity Regulatory Commission (Threshold Limit for the Development of Intra-State Transmission Projects under the Tariff Based Competitive Bidding) Regulations, 2024,” are…
REC Limited reported its highest-ever standalone net profit of Rs 16,282 crore for the financial year ended March 31, 2026, up from Rs 15,713 crore in FY25. On a consolidated basis, net profit stood at Rs 16,308 crore in FY26, compared to Rs 15,884 crore in the previous year. Standalone net worth increased 9% to…
The Telangana government has signed a memorandum of understanding (MoU) with Akshat Greentech, a subsidiary of Mytrah Energy, to establish a solar cells and modules manufacturing facility in Hyderabad. The agreement was finalized during the World Economic Forum 2025 in Davos. The facility will have a production capacity of 6.9 GW each for solar cells…