Ashok Leyland, a Hinduja Group-owned commercial vehicle manufacturer, has begun the construction of a greenfield EV battery pack manufacturing facility at Pillaipakkam near Chennai. The project would entail an investment of INR 400-500 crore.

Under the PPAs, ACME Solar Holdings will supply 1,800 MWh of assured peak power (450 MW × 4 hours) during non-solar hours from interstate transmission system (ISTS)-connected renewable energy projects in India, with 90% availability on both a monthly and annual basis.

Solar Energy Corp. of India (SECI) has invited bids from developers to set up renewable energy projects on a build-own-operate (BOO) basis to supply 1 GW of power on a round-the-clock (RTC) basis. Energy storage systems (ESS) will be a mandatory component of the projects.

Eastman Auto & Power today announced that it has operationalized an 800 MW solar PV module manufacturing facility in Sonipat, Haryana.

Climate fintech company Hygge Energy and rooftop solar solutions provider Atria Renewable have signed a memorandum of understanding (MoU) to accelerate rooftop solar adoption and enable peer-to-peer (P2P) solar energy trading in Bengaluru, Karnataka.

GREW Solar has secured a repeat order worth approximately INR 500 crore from a domestic independent power producer (IPP) for the supply of its high-efficiency M10R TOPCon PV modules. The modules will be deployed at the developer’s upcoming utility-scale solar projects across multiple locations in India.

Waaree Renewable Technologies Ltd has secured a contract for the execution of engineering, procurement and construction (EPC) works of a 300 MW AC (420 MWp) ground-mount solar PV plant. The project is scheduled for completion during the financial year 2027-28.

Waaree Solar Americas Inc. has entered into a share subscription agreement with United Solar Holdings Inc., a Cayman Islands-based polysilicon producer, to subscribe to around 5.37 million Series B preferred shares for about $30 million.

NavPrakriti, a Kolkata-headquartered lithium-ion battery recycler, has entered into a strategic partnership with NASH Energy, a NASH Group company focused on advanced battery manufacturing and energy storage solutions, to ensure responsible end-of-life management of all batteries produced by NASH Energy, including production scrap.

V-Guard Industries has approved an additional investment of INR 25 crore in Gegadyne Energy Labs, its associate company focused on alternative battery technologies. Post acquisition, V-Guard’s shareholding in Gegadyne Energy Labs increases to 30.35% (on fully diluted basis) from the current 24.32%.