Uma Gupta
V-Guard increases stake in battery startup Gegadyne Energy Labs
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%.
Involtics launches single-phase hybrid inverter for residential solar
Noida-based Involtics has launched the GTSI series of single-phase hybrid inverters (3 kW/3.6 kW/5 kW/6 kW) for residential solar applications. The inverters work seamlessly with solar panels, batteries (lead-acid and lithium-ion), and the grid to deliver continuous power for household loads.
NTPC Green announces 250 MW Kadapa solar project in Andhra Pradesh fully operational
The 250 MW solar project in Kadapa district of Andhra Pradesh is now fully operational following the commercial operation of the remaining 91.6 MW capacity.
“Multi-dimensional renewable energy growth key to India’s long-term development and energy security”
India’s renewable energy expansion will extend beyond utility-scale projects to distributed renewable energy, green open access and emerging prosumer models enabled by digital platforms and the India Energy Stack as the nation advances toward its vision of becoming a developed nation by 2047.
ABB invests further $75 million to expand manufacturing and R&D footprint in India
ABB will invest a further $75 million in India during 2026 to significantly expand its manufacturing and research and development (R&D) capabilities for critical electrification and automation solutions.
Oriana Power secures EPC contract for 234 MW floating solar plant in Jharkhand
Oriana Power has secured an INR 1,180.53 crore contract for the supply of plant and equipment, EPC, and long-term operation and maintenance of a 234 MW grid-tied floating solar PV plant at the Maithon Dam Reservoir.
Sunsure signs solar PPAs with Daeseung Autoparts, Ilgahng Automotive
Sunsure Energy has secured 8 MWp of solar power agreements to supply clean energy to the Tamil Nadu facilities of South Korean automotive companies.
Rajesh Power signs BESPA with GUVNL for 65 MW/130 MWh battery storage project in Gujarat
Rajesh Power Projects has signed a battery energy storage purchase agreement (BESPA) with state-run Gujarat Urja Vikas Nigam Ltd (GUVNL) for the development of a 65 MW/130 MWh standalone battery energy storage system (BESS) project at Virpore in Gujarat.
ACME Solar signs 450 MW FDRE PPA with SJVN, commissions second phase of 285 MW/600 MWh BESS project in Jaisalmer
ACME Solar has secured two power purchase agreements (PPAs) with SJVN Ltd for 300 MW and 150 MW, totaling 450 MW, under a firm and dispatchable renewable energy (FDRE) project. The company also announced the commissioning of an additional 38 MW/82 MWh at its 285 MW/600 MWh battery energy storage system (BESS) project in Jaisalmer district, Rajasthan.
Advait Energy Transitions upgraded to ‘A-/Stable’ by Crisil Ratings
CRISIL has upgraded Advait Energy Transitions Ltd’s long-term rating to A-/Stable from BBB+/Stable, and short-term rating to A2+. In addition, the total bank loan facilities rated have been enhanced from INR 110 crore to INR 405 crore.
