Waaree Energies is looking to deepen its presence in Europe as the European Union’s Net-Zero Industry Act (NZIA) reshapes solar procurement and curbs reliance on Chinese module suppliers. “As a listed, Tier-1, bankable manufacturer with a proven multi-gigawatt track record, we offer the scale and credibility European developers now prioritise,” says Sunil Rathi, executive director, Waaree Group.
Sembcorp has completed the acquisition of a 100% stake in ReNew’s 300 MW solar power project in Fatehgarh, Rajasthan.
With peak power demand expected to approach 300 GW in the coming years and electricity demand growing at 6–7% annually, India would require nearly 230 GWh of energy storage capacity by 2030 to ensure grid stability, flexibility and reliability—said Bhupinder Singh Bhalla, Former Secretary, MNRE, at the Indian Power & Energy Storage Conference 2025, organised by FICCI.
Juniper Green Energy has successfully commissioned 60 MWh of its 100 MWh merchant battery energy storage system (BESS) in the Bikaner district of Rajasthan. The remaining 40 MWh capacity is expected to be commissioned shortly.
NTPC’s R&D wing NETRA will set up a plasma gasification-based green hydrogen plant on its campus at Greater Noida. The plant will be designed to produce one tonne of green hydrogen per day.
WattPower has sold more than 18 GW of utility-scale string inverters across India over the last two and a half years.
Vikran Engineering Ltd has received an EPC order worth ₹2,035.26 crore from Onix Renewables Ltd for the development of 600 MW (AC) solar power projects across multiple locations in Maharashtra.
Waaree Transpower, formerly known as Kotsons, has secured inverter duty transformer (IDT) orders exceeding INR 100 crore within the first month of launch. The company said that these orders, aggregating 1,275 MVA (1.27 GW), have been placed by a leading solar EPC company for deployment across high-capacity solar projects nationwide.
Cricket legend Sachin Tendulkar has invested INR 3.6 crore in Hyderabad-based solar EPC company Suntek Energy Systems, acquiring a 2% stake in the firm.
ArcelorMittal has announced three new renewable energy projects in India totaling 1 GW of nominal solar and wind capacity. Upon completion, the projects will double the company’s renewable energy capacity in India to 2 GW and increase its global total to 3.3 GW.
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