NTPC has declared the results of its 1.2 GW interstate transmission system (ISTS)-connected solar projects auction. The winners are SAEL Industries, Rays Power Infra, Refex Green, ReNew Solar and Illuminate Hybren (Mahindra Susten). SEAL, Rays Power, and Refex Green secured a capacity of 300 MW, 100 MW, and 100 MW,...
Purvah Green Power Private Limited (PGPPL), a wholly owned subsidiary of CESC Limited, has signed a share purchase agreement (SPA) to acquire 100 per cent stake in Deshraj Solar Energy Private Limited. After the acquisition, Deshraj Solar Energy will become a step-down subsidiary of CESC. The acquisition is part of...
TOYO has announced its plans to build an advanced solar cell manufacturing facility with an expected annual capacity of 2 GW. The company has secured a lease for the site in Hawassa, Ethiopia, leveraging the country’s favourable investment environment, tariff-free benefits, and abundant hydropower resources. The $60 million project will...
Huasun Energy has announced a partnership with ITRAMAS Corporation Sdn. Bhd., to advance 1.5 GW of photovoltaic projects. Under this agreement, starting in 2025, Huasun will gradually supply ITRAMAS with 700W+ high-efficiency heterojunction (HJT) modules for large-scale solar developments. This partnership is expected to bolster Malaysia’s solar supply chain...
Avaada Energy, an arm of Avaada Group, has successfully secured approximately Rs 5.97 billion in refinancing. These funds will be utilised for its commercial and industrial (C&I) solar projects in Karnataka and Maharashtra. The refinancing was secured from NIIF Infrastructure Finance Limited (NIIF IFL). These projects currently supply electricity...
JSW Renew Energy Thirteen Limited, a step-down subsidiary of JSW Energy Limited has signed a 700 MW power purchase agreement (PPA) with NTPC Limited for solar energy. The solar project will be connected through the Inter-State Transmission System (ISTS) and State Transmission Utility (STU) networks. It will supply power...
The Ministry of New and Renewable Energy (MNRE) has further increased the Approved List of Models and Manufacturers (ALMM) by 2,094 MW of solar module capacity. The total module manufacturing capacity under ALMM now stands at 58,422 MW. The new entrants include SAEL Solar P6 (SAEL Solar) with 2,065...
JinkoSolar has signed a supply contract with ACWA Power for approximately 3 GW of photovoltaic modules for the Saudi PIF4 project. The latest contract reflects the implementation of a previously signed framework agreement for global photovoltaic project collaboration. The contract includes two sub-projects within the PIF4 cluster: the Haden...
The Uttar Pradesh Expressways Industrial Development Authority (UPEIDA) has issued a tender inviting bids to develop a solar park of capacity between 450 and 500 MW along the Bundelkhand Expressway. The solar park will be developed on a build-own-operate model. The final date for submitting bids is November 15,...
Oriano Clean Energy has been awarded an engineering, procurement, and construction (EPC) contract to build 184 MW solar projects in Agar, Malwa, Madhya Pradesh. This contract was secured from Blueleaf Energy. The scope of work includes design, engineering, supply of the balance of photovoltaic equipment, installation, testing, commissioning, and civil...