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Centre cancels 11.4 GW renewable tenders
Central agencies have cancelled 11,400 MW of renewable energy tenders since April 2023 due to low participation, high tariffs, and withdrawal by end-procurers. Minister of State for New and Renewable Energy Shripad Yesso Naik said SECI, NTPC, NHPC, and SJVN issued the tenders. As of June 2025, these agencies have issued Letters of Award for…
Inox Wind secures 87 MW order from Continuum Green Energy
Inox Wind Limited (IWL) has secured an 87 MW order from Continuum Green Energy for its 3 MW Wind Turbine Generators (WTGs). This repeat order will be executed on turnkey basis, with IWL providing multi-year operations and maintenance services post-commissioning. The projects are slated for Gujarat and Rajasthan. This addition brings Continuum’s total orders with…
Estuary Power secures financing for Escape solar project in Nevada
Estuary Power has closed a $340 million financing package for the Escape solar and storage project in Lincoln County, Nevada. The project will feature 185MW of solar capacity combined with 400MWh of battery energy storage, providing reliable power to key customers including MGM Resorts International, Overton Power District, Caesars Entertainment, and Wynn Las Vegas. The…
US states advance renewables despite setbacks
US states and companies are continuing renewable energy efforts despite federal policy rollbacks under President Donald Trump, according to a Climate Council report. China, meanwhile, is emerging as a global clean energy leader. California, powered two-thirds by clean energy, remains a national climate leader, while Texas is the top US wind producer. Across the country,…
ARYA secures Rs 1 billion to develop CBG projects with IOCL and BPCL
ARYA, a subsidiary of GPS Renewables, has raised Rs 1 billion in mezzanine financing as part of a Rs 2 billion funding round aimed at establishing compressed biogas (CBG) projects in collaboration with Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL). The financing was provided by InCred Opportunities Fund and Spark Capital,…
Marsons secures US solar transformer order worth Rs 298.5 million
Marsons Limited has received a Letter of Award and Purchase Order valued at Rs 298.5 million (approximately USD 3.1 million) from a US-based solar energy developer for the supply of a 200 MVA, 115 kV power transformer, the company informed stock exchanges. The transformer will be installed at a solar power project in Cherokee County,…
