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Union Budget 2026-27 highlights for the renewable energy sector

The Union Budget 2026-27 aims at strengthening clean energy development, clean technology manufacturing, lithium-ion battery production, and tariff rationalisation. There has been a significant increase in budgetary allocations for the Ministry of New and Renewable [...]

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REC Limited floats tender for development of ISTS to evacuate 6 GW of solar powerΒ 

REC Power Development and Consultancy Limited, a wholly-owned subsidiary of REC Limited, has floated a tender for the development of an interstate transmission system (ISTS). The ISTS will enable the evacuation of 6 GW of [...]

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JSW Energy acquires Tidong Power Generation Private Limited

JSW Neo Energy Limited, a wholly-owned subsidiary of JSW Energy Limited, has finalised the acquisition of Tidong Power Generation Private Limited from Statkraft IH Holding AS. The enterprise valuation is approximately Rs 17.28 billion. This [...]

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Greenko Group secures Rs 48 billion loan from NaBFID

Greenko Group has secured a Rs 48 billion long-term loan from the National Bank for Financing Infrastructure and Development (NaBFID). The loan has a tenure of 25 years and has been arranged to refinance green [...]

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Voltalia bags 132 MW solar project in Tunisia

Voltalia has been awarded a 132 MW solar project in the Gabès region of south-east Tunisia by the Tunisian government. Construction of the Wadi solar project is scheduled to begin in 2027, with commissioning planned [...]

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Red Willow solar-plus-storage project in Canada receives approval

Westbridge Renewable Energy Corporation has received regulatory approval from the Alberta Utilities Commission (AUC) for its Red Willow solar and battery energy storage project in Stettler county, Alberta, Canada. The approval has been granted to [...]

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Enlight acquires stake in solar-plus-storage project in Germany

Enlight Renewable Energy Limited has entered into an agreement to acquire a majority stake in Project Jupiter, a large-scale co-located solar and energy storage project in Germany, in partnership with Prime Capital AG, acting through [...]

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Madhya Pradesh Power Company invites bids for 750 MW/1500 MWh BESS

Madhya Pradesh Power Management Company Limited (MPPMCL) has issued a tender to set up 750 MW/1.5 GWh of standalone battery energy storage systems (BESS) under a build, own, and operate framework. The capacity is structured [...]

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Oswal Greenzo Energies bags contract for 5 MW green hydrogen project

Oswal Greenzo Energies, a joint venture between Oswal Energies Limited and Greenzo Energy India Limited, has secured a contract for a 5 MW green hydrogen project at Deendayal Port in Kandla. The scope of work [...]

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Inox Clean Energy to raise Rs 34 billion loan from NaBFID

Inox Clean Energy, part of the INOXGFL Group, is raising Rs 34 billion through a 20-year loan from the National Bank for Financing Infrastructure and Development (NaBFID) to refinance existing debt following the acquisition of [...]

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KPI Green Energy begins power supply from 200 MWac solar project

KPI Green Energy Limited has begun generating and supplying power from its 200 MWac/240 MWdc grid-connected solar power project in Khavda. The project was secured from Gujarat Urja Vikas Nigam Limited, which is also the [...]

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FERC issues licence to Goldendale PSP in Washington

Rye Development and Copenhagen Infrastructure Partners, through its Flagship Fund CI V, have announced that the Federal Energy Regulatory Commission (FERC) has issued a 40-year licence for the Goldendale energy storage project in Washington. Once [...]

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Nextpower Arabia to supply trackers for Bisha solar project

Nextpower Arabia, a joint venture (JV) between Nextpower and Abunayyan Holding, will supply 2.25 GWp of solar tracking systems to Larsen & Toubro for the Bisha solar project in Saudi Arabia. The project is being [...]

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EDP’s Riverstart Solar IV project in Indiana begins operations

EDP Renewables North America LLC has commenced commercial operations at the Riverstart Solar IV project in Indiana. Located in Randolph county, the project has an installed capacity of 150 MW. It is expected to generate [...]

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Odisha releases draft regulations for grid support charges for captive generating plants

The Odisha Electricity Regulatory Commission (OERC) has issued draft regulations titled the OERC (Grid Support Charges for Captive Generating Plants) Regulations, 2026. The regulations will be applicable to all co-located conventional captive generating plants that [...]

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NHPC floats tender for development of evacuation infrastructure at 1.2 GW solar plantΒ 

NHPC has floated a tender to develop power evacuation infrastructure for the 1.2 GW Jalaun Solar Park in Uttar Pradesh. The tender has been floated on behalf of Bundelkhand Saur Urja, which is a joint [...]

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Estuary Power completes construction of solar plus storage project in Nevada

Estuary Power has completed all phases of the Escape Solar and Storage project in Lincoln county, Nevada, reaching final completion in December 2025. The project has 185 MW of solar capacity along with 400 MWh [...]

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Horizon Capital finances 124 MW wind project in Ukraine

Horizon Capital has completed the initial closing of its reconstruction-focused Horizon Capital Catalyst Fund and announced the financing of supporting Notus Energy’s 124 MW wind power project in Ukraine’s Odesa region. The Catalyst Fund has [...]

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ENGIE inks biomethane purchase agreement with PepsiCo UKΒ 

ENGIE has signed a 10-year biomethane purchase agreement with PepsiCo UK. Under the agreement, ENGIE will construct a new anaerobic digestion facility in northern England with an annual biomethane production capacity of 60 GWh. All [...]

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