Industrial belts in Punjab, Haryana, Maharashtra, Gujarat, and Tamil Nadu are becoming hotspots for captive solar. The drivers vary from steep tariffs and policy incentives to strong ESG commitments by export-oriented businesses, but the result is the same: a distributed solar network powering India’s industrial economy.
ReNew Energy Global has received a final non-binding offer from a consortium of its promoters to acquire the company’s entire issued and to be issued share capital not already owned by the Consortium, for cash consideration of $8.00 per share. This offer is 13.2% higher than the initial proposal made on Dec. 10, 2024.
The Genius Tracker TF supports slops of up to 1.7 degrees between posts, thereby reducing land grading costs.
China plans to install 253 GW of solar capacity and restore more than 670,000 hectares of degraded land by 2030 under a large-scale desert PV program in its northern and northwestern regions. It aims to curb desertification and expand renewable energy deployment.
With Q1 FY26 additions, Tata Power Renewable Energy Ltd has crossed the milestone of over two lakh rooftop solar installations, bringing its cumulative installed capacity to 3.4 GW.
Narada Power will supply its liquid-cooled energy storage system for a large solar PV project being developed by a leading private-sector power producer in India.
Germany has concluded a new renewables tender for innovative projects, securing 486 MW of capacity at final prices ranging from €0.0500 ($0.590)/kWh to €0.0639/kWh
The company plans to enlist EPC providers for an aggregate capacity of up to 20 MWp per vendor under a single tender.
Tata Power Renewable Energy Ltd commissioned 752 MW of solar projects in the first quarter of FY 2026 — its highest-ever quarterly addition.
International Finance Corp. (IFC) has committed INR 4.6 billion (around $55 million) in long-term financing to IndiGrid to support the deployment of a 180 MW/360 MWh standalone battery energy storage system project in Gujarat.
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