Solar Project

RJ Corp forays into green energy via ₹1,743 crore Andhra Pradesh unit

Ravi Jaipuria-led RJ Corp will invest Rs 1,743 crore in a 2 GW solar cell and module facility in Naidupeta, boosting Andhra Pradesh's fast-growing clean-tech ecosystem

ACME Solar commissions first phase of 100 MW wind project in Gujarat

ACME Solar Holdings on Saturday announced commissioning of 28 MW first phase of its 100 MW wind power project in Gujarat. With this, the company's total operational capacity has increased from 2,890 MW to 2,918 MW, ACME Solar said in a statement. The ACME Eco Clean wind project is located at Surendranagar in Gujarat. The project has been financed through Power Finance Corporation (PFC) and constructed through in-house EPC. The clean energy harnessed through the project is pooled at 33/220 kV pooling station and stepped up for evacuation to Shapar sub-station using a dedicated single circuit 220 kV transmission line. The project would share the sub-station with ACME Solar's already commissioned 50 MW wind power project. The power generated from the project will be sold through the 25-year Power Purchase Agreement (PPA) signed between ACME Eco Clean and Gujarat Urja Vikas Nigam Limited.

Top Indian solar products maker Waaree to expand in US despite trade probe

Waaree, which has 16.1 GW of module making capacity in India and 2.6 GW in the US, is seeing strong US demand due to demand from data centres, manufacturing and transportation

Public-sector banks turn down nearly four in 10 rooftop solar applications

Over 3 lakh applications rejected under PM-Surya Ghar Muft Bijli Yojana; 1.6 million rooftop solar installations completed so far, with CIBIL score cited as key filter

Timeline: How Rajasthan became India's top solar hub in just a decade

From Bhadla to hybrid plants, Rajasthan's solar journey over the past decade shows how policy, investment, and geography turned it into India's clean energy leader

Ahead of IPO, Parth Electricals raises ₹13.8 cr from anchor investors

Parth Electricals & Engineering raises ₹13.8 crore from anchor investors ahead of its ₹49.72 crore IPO opening on August 4. Key investors include Capri Global, Beacon Stone, and IndiaMax

NTPC begins commercial supply from 52 MW unit of Nokh solar project

State-run power giant NTPC on Sunday said that the 245 MW power capacity at Plot-3 of Nokh solar PV in Rajasthan has become fully operational with the start of commercial electricity supply from the second and last part of 52 MW. The first part capacity of 193 MW started commercial operation on June 9, 2025, according to a regulatory filing. Consequent upon successful commissioning, the second and last part capacity of 52 MW out of 245 MW capacity at Plot-3 of NTPC's Nokh Solar PV Project (3x245MW), Rajasthan, is declared on Commercial Operation with effect from 00:00 hours of June 22, 2025, the filing stated. With this, the total standalone and group commercial capacity has now become 60,318 MW & 81,420 MW respectively, it stated.

IndiGrid to acquire 300 MW solar project, transmission asset for ₹2,108 cr

IndiGrid on Saturday said it will acquire ReNew Solar Aayan, a 300 MW (AC) solar project, and Koppal Narendra Transmission in two separate transactions for about Rs 2,108 crore. Inclusive of the adjustments, the enterprise value will not exceed Rs 2,175 crore, a statement said. IndiGrid announced the execution of definitive agreements to acquire one solar and one transmission asset, aggregating to an enterprise value of approximately Rs 2,108 crore, excluding any net working capital and cash adjustments, it added. The solar asset, Renew Solar Aayan Private Ltd (RSAPL), is a 300 MW (AC) operational project located in Barmer, Rajasthan, a region known for high solar irradiation. The project has been operational since March 2024 and benefits from a long-term 25-year Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI) at a fixed tariff of Rs 2.37 per unit. A 100 per cent subsidiary of ReNew Solar Power Private Limited, RSAPL's proximity to RSUPL an asset acqu

Waaree Renewable Technologies secures Rs 114 cr solar project order

Waaree Renewable Technologies on Friday said it has received a letter of award for setting up a solar power project under Mukhyamantri Saur Krushi Vahini Yojana-2.0 for Rs 114.23 crore from a leading renewable energy firm. The project is scheduled to be completed in 2025-26 as per the terms of the order, a regulatory filing said. The company has been awarded the Letter of Award for the execution of engineering, procurement and construction works of the solar power project including operation and maintenance (O&M) of 94 MW AC/131.6 MW DC capacity. The order value is approximately Rs 114.23 crore. This project will be executed under Mukhyamantri Saur Krushi Vahini Yojana-2.0.

Adani Green's solar project in Andhra Pradesh gets regulatory clarity

CERC has refused to intervene in the substitution of agreements issue, citing it does not fall in the purview of tariff regulations of the Electricity Act 2003

CM Yogi Adityanath inaugurates Avaada Group's 1.5GW solar facility in Noida

Avaada Group said that Uttar Pradesh Chief Minister Yogi Adityanath has inaugurated its 1.5 GW solar module manufacturing Gigafactory in Noida. The foundation stone has also been laid for Avaada Electro's ambitious 5 GW integrated solar manufacturing unit at Ecotech, Greater Noida, the company said in a statement. The 1.5 GW PV module manufacturing unit in Dadri is a significant step in Avaada Group's commitment to sustainable innovation. Constructed at an unprecedented pace, the first phase of the gigafactory became operational within just 3.5 months, with all utilities and module production lines fully commissioned, according to the statement. The facility specialises in TOPCon N-Type bifacial glass-to-glass PV modules, incorporating advanced multi-busbar configurations (16 to 24 bus bars) to maximize efficiency. The facility specialises in TOPCon N-Type bifacial glass-to-glass PV modules, featuring advanced multi-busbar configurations (16 to 24 busbars) to enhance efficiency.

Jakson Green, Blueleaf Energy to develop 1 GW solar projects in Rajasthan

Homegrown Jakson Green and Singapore-based Blueleaf Energy on Thursday announced their collaboration to develop one GW solar projects in Rajasthan at an investment of USD 400 million (Rs 3,400 crore). The partnership will focus on jointly developing and building gigawatt-scale green energy projects in India, Jakson Green, a leading new energy transition platform, said in a statement. "This collaboration further solidifies our presence as a respected global player in energy transition," said Bikesh Ogra, MD and CEO of Jakson Green. The inaugural 1 GW portfolio, funded through a combination of debt and equity, comprises three solar projects, it added. These projects include Intra State Transmission System (InSTS) and Inter State Transmission System (ISTS) projects with 25-year power purchase agreements (PPAs) secured via competitive bidding from RUVNL, SECI, and NHPC. The three solar projects are expected to be progressively commissioned in 2025-2026. "Blueleaf's development and ..

Govt revises quality control order to promote high-quality PV products

The government has notified a revised Quality Control Order (QCO) to promote high-quality and efficient solar photovoltaic (PV) products, an official statement said on Wednesday. The Union Ministry of New and Renewable Energy (MNRE) has notified the Solar Systems, Devices, and Components Goods Order, 2025, which revises and supersedes the existing Solar Photovoltaics, Systems, Devices, and Components Goods (Requirements for Compulsory Registration) Order, 2017. "The order aligns with the government's commitment to promoting high-quality and efficient solar photovoltaic (PV) products for sustainable energy development. It aims to enhance product reliability, ensure safety, and support India's ambitious renewable energy targets," the MNRE statement said. The revised order will come into effect 180 days from the date of publication. The order covers Solar PV modules, Inverters to be used in solar PV applications and storage batteries.

Trina Solar sets world record for its technology's conversion efficieny

In laboratory tests, Trina's large surface area n-type fully passivated heterojunction (HJT) modules demonstrated an efficiency of 25.44 per cent

Gensol Engineering bags Rs 897 crore solar project contract from NTPC REL

This contract entails the development of 225MW-AC (alternate current), equivalent to 276 MW DC (direct current), grid connected solar projects

ReNew inks pact with Anzen to sell 300 MW operational solar asset in Raj

ReNew Energy Global Plc (ReNew) on Monday said it has signed an agreement with Anzen to sell entire stake in its wholly owned subsidiary RSWPL at an enterprise value of USD 176 million. Under the agreement, ReNew Private will sell 100 per cent shareholding and economic interest in ReNew Sun Waves Pvt Ltd (RSWPL), which houses a 300 MW operating solar asset to Anzen India Energy Yield Plus Trust (Anzen). In a regulatory filing, ReNew said it "announces the signing of definitive agreement to sell RSWPL to Anzen. The transaction is expected to close post completion of contractual obligations and conditions precedent including receipt of lender approval". The enterprise value determined under the agreement is USD 176 million, subject to net current assets and other such adjustments as provided in the definitive documents. Additionally, USD 17 million is expected to be received as an earn-out on account of change in law proceeds pertaining to increase in basic customs duty (BCD), safegu

Sterling & Wilson surges 6% on Rs 1,200 cr-order for solar project; details

The uptick in the Sterling & Wilson Renewable Energy share price came after the company announced that it has received Letter of Intent (LoI) for an order worth approximately Rs 1,200 crore in Gujarat

Sterling and Wilson bags Rs 1,200 crore solar EPC order in Gujarat

The engineering, procurement, and construction (EPC) contract includes the design, engineering, and installation of the balance-of-system (BoS) components

Tata Power consistently meets guidance, growth inspires confidence

Tata Power has consistently met guidance. Profitability till FY30 will be driven by RE, T&D, and hydro

Adani's solar contract has lower tariff, can find new buyer: Analysts

Adani Group's solar power contract, which is at the centre of bribery allegations, has tariffs that are lower than competition and can find new buyers in case the pact is cancelled, according to analysts. US authorities have charged Adani Group Founder-Chairman Gautam Adani and others for being part of a scheme to offer USD 265 million bribe to Indian officials to gain a contract to supply 8 gigawatt of electricity generated from solar energy by Adani Green Energy Ltd (AGEL). The group has denied all charges. "If Adani promoters are found guilty, we believe the size of potential penalty is manageable given it is up to three times the value of the bribe," Nomura said in a report. The brokerage said there are about 1.8 GW solar projects commissioned in Gujarat from February-March 2024, with tariff of Rs 2.42 per unit under the 25-year power purchase agreements (PPAs). These operational projects are running under 5 special purpose vehicles, namely Adani Green Energy Twenty Four A Ltd