Oriana Power has approved the issuance and allotment of non-convertible debentures (NCDs) amounting to Rs 750 million. The company will issue a total of 7,500 NCDs under the offering. Each debenture will be rated, unlisted, […]
HPCL Renewable and Green Energy, a subsidiary of Hindustan Petroleum Corporation Limited (HPCL), has floated a tender for the engineering, procurement, and construction (EPC) of 24.2 MW of floating solar projects. These include 9 MW […]
Waaree Energies Limited’s subsidiary, Waaree Energy Storage Solutions Private Limited (WESSPL), has secured Rs 10.03 billion in funding from a group of strategic investors. The funding forms part of the company’s planned capital expenditure of […]
Juniper Green Energy Limited (Juniper) has secured Rs 20.39 billion in debt financing from global and national financial institutions such as the National Bank for Financing Infrastructure and Development (NaBFID), HSBC, DBS, Barclays, and Aseem […]
By Mandvi Singh, Director, Renewable Energy; and Abhishek Patil, Senior Programme Associate, iFOREST As India races toward 500 GW of non-fossil capacity by 2030, the central question is no longer whether renewable energy can scale […]
Energy Vault Holdings, Inc. has begun construction of the SOSA energy center, a 150 MW/300 MWh battery energy storage system (BESS) project located in Madison County, Texas, within the ERCOT North market. The project was […]
Spain’s Ministry for Ecological Transition and the Demographic Challenge (MITECO) has approved a second round of subsidies for innovative hydroelectric pumped storage projects (PSP), with a total allocation of about €90 million. The call is […]
Botswana’s Ministry of Minerals and Energy has signed a memorandum of understanding (MoU) with KP Group to jointly develop large-scale renewable energy generation, energy storage, and transmission infrastructure projects in the southern African country. Under […]
Sun Drops Energia, a subsidiary of KPI Green Energy, has secured a letter of intent (LoI) from Gujarat Urja Vikas Nigam Limited. The LoI is for the development of 445 MW/890 MWh standalone battery energy […]
Bondada Engineering Limited has received a letter of award (LoA) worth approximately Rs 6.27 billion from Transmission Corporation of Andhra Pradesh Limited. The LoA is for the development of a 225 MW/450 MWh standalone battery […]
Shakti Pumps has received a solar pump order from the Haryana Renewable Energy Development Agency (HAREDA). The order has been awarded under Component B of the PM KUSUM scheme and consists of the supply of […]
Inox Clean Energy Limited has acquired 250 MWp of operational solar projects from SHV Energy’s wholly-owned subsidiary SunSource Energy Private Limited. Furthermore, after securing pending approvals, Inox Clean will acquire an additional 50 MWp of […]
India’s solar sector has moved decisively beyond its formative expansion phase. With utility-scale and distributed assets now operating at scale, the focus is shifting from project execution to sustained performance. Operations and maintenance (O&M) has […]
By Aastha Sharma Biomass co-firing has become a viable transition pathway for India’s coal-based thermal fleet, enabling emissions reduction without extensive plant modifications. By replacing a portion of coal with biomass pellets, thermal power plants […]
Spain’s Ministry for Ecological Transition and the Demographic Challenge (MITECO) has approved funding for 126 large-scale energy storage projects under its latest incentive programme. The allocation totals €818.3 million and is co-financed through the European […]
Voltalia has commenced construction of the Artemisya hybrid energy cluster in Uzbekistan, covering battery storage and the first phase of wind capacity. The initial phase includes a 100 MW/200 MWh battery energy storage system (BESS) […]
PowerBank Corporation, along with its subsidiaries, has entered into a loan agreement with NY Green Bank for a revolving credit facility with an initial principal amount of up to $8 million. The financing will be […]
Lineage Power Private Limited, a subsidiary of Pace Digitek Limited, has secured a lithium battery supply contract from Bharat Sanchar Nigam Limited. The contract is worth Rs 943.5 million. As per the contract, Lineage Power […]
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