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KPI Green, NTPC Renewable Energy Commission Solar Capacities at Khavda

Surat-based renewable solutions provider, KPI Green Energy, has commenced power generation and supply from its 200 MW grid-connected solar power project at the 1.8 GW Gujarat State Electricity Corporation’s (GSECL) Solar Park (South Block) in Khavda. The project was awarded by the Gujarat Urja Vikas Nigam (GUVNL). In another development, NTPC Renewable Energy, a wholly owned subsidiary of NTPC Green Energy, announced that the first 210 MW of the 1.2 GW Khavda-II Solar PV Project has begun operations.  

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Tesla’s Q4 2025 Revenue Falls 3% While Energy Generation and Storage Revenue Rises 25%

Electric vehicle-maker Tesla reported a revenue of $24.9 billion, down 3% year-over-year (YoY) in the fourth quarter (Q4) of 2025, compared to 25.7 billion. The decline was driven primarily by lower vehicle deliveries, partly offset by growth in energy generation and storage, and services revenue. The automotive revenue declined 11% YoY to $17.7 billion. In contrast, energy generation and storage revenue rose 25% YoY, while services and other revenue increased 18% YoY. This was the result of higher deployments across all regions and continued strength in demand for both Megapack and Powerwall.

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Shreyas Sortex Industries Wins NVVN’s 250 MW/500 MWh BESS Auction

Shreya Sortex  Industries has won NTPC Vidyut Vyapar Nigam’s (NVVN) auction to set up a 250 MW/500 MWh standalone battery energy storage system (BESS) in Kerala. The BESS will have to be installed at the 220 kV Brahmapuram substation in Kochi, with an interconnection at the 220 kV voltage level within the jurisdiction of Kerala State Electricity Board (KSEBL).

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Big Push for Solar, EVs, Critical Minerals and Strategic Manufacturing in Budget 2026

The Union Budget 2026–27 has placed clean energy and manufacturing at the center of India’s growth strategy, unveiling targeted outlays, customs duty rationalization, and policy reforms to accelerate renewables, electric vehicles (EVs), critical minerals, and semiconductor manufacturing. The Budget, presented to Parliament by Finance Minister Nirmala Sitharaman, reinforces the government’s heavy reliance on solar-led deployment, with higher allocations for rooftop systems and farm solarization, while spending on wind, bioenergy, and grid infrastructure remains largely flat.

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Max Healthcare Signs 4 MW Solar Power Purchase Agreement with Sunsure

Delhi-based hospital chain Max Healthcare has signed a long-term power purchase agreement (PPA) with renewable energy solutions provider Sunsure Energy to procure 4 MW of power from the latter’s 15 MW solar project in Chitrakoot, Uttar Pradesh. The power will be delivered to Max Healthcare’s Super Specialty Hospital in Noida. The solar power procurement is expected to cut the hospital’s energy bills by 50%. In the financial year (FY) 2025, Max Healthcare utilized 56,234 GJ of renewable energy across its network, compared to 8,572 GJ in FY 2024. Within the year, its renewable energy usage stood at 17%, and it plans to expand it to 60%.

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