KPI Green Energy Ltd has secured a sanction of INR 3,200 crore from State Bank of India to part-finance the development of its Independent Power Producer (IPP) portfolio clean energy projects aggregating over 1 GWp in Gujarat.
Waaree Energies Ltd, a Gujarat-based manufacturer of solar cells and modules, has invested INR 300 crore in its wholly-owned subsidiary, Waaree Energy Storage Solutions Pvt Ltd (WESSPL), through a rights issue.
The company will utilise the proceeds to complete its ongoing expansion and achieve full-scale production of solar cells, modules, and aluminium frames.
World Green Energy (WGE) has signed a land sublease agreement with Tata Steel Special Economic Zone Ltd (TSSEZL) for 50 acres at Gopalpur Industrial Park in Odisha, paving the way for its upcoming 2 GW TOPCon solar cell and 1.2 GW solar module manufacturing facility.
Kumara Jayakody, Minister of Energy, Government of Sri Lanka, and Muaviyath Mohamed, Minister of State, Environment and Tourism, Maldives, recently visited Jakson Group’s fully automated solar module manufacturing facility in Greater Noida to witness its advanced capabilities and explore avenues for clean energy partnerships.
Researchers in India have developed two solar tracker optimization techniques can purportedly increase power generation by up to 54.36% when combined. One uses a light sensor and the other relies on data from GPS and a real-time clock.
The rating applies to ACME Aklera Power Technology’s 250 MW renewable energy capacity in Rajasthan for its INR 1,072 crore term loan facility from Bank of America, Standard Chartered Bank and India Infradebt Limited.
With the addition of Tata Power’s 4.8 GW capacity, the total ALMM-enlisted solar cell capacity has increased to 17.8 GW, up from 13 GW.
India installed 18 GW of solar power capacity in the first five months of FY 2026 and is on track to add over 45 GW during the fiscal year, according to a new report by SBICAPS.
Inox Solar has commenced production from the first 1.2 GW phase of its planned 3 GW solar module manufacturing facility in Gujarat.
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