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REIL tenders 50 MW rooftop solar on government buildings

Rajasthan Electronics & Instruments Ltd (REIL) is accepting bids to develop grid-connected rooftop solar plants on government buildings across India. The plants are to be developed under the RESCO model.

REC commits $123 million for renewable energy projects in Madhya Pradesh

The state-owned non-banking finance company has signed a memorandum of understanding with Rewa Ultra Mega Solar Ltd (RUMSL) to provide INR 1,000 crore ($123 million) for the development of renewable energy parks and associated infrastructure in Madhya Pradesh.

Madhya Pradesh to launch three new floating solar projects soon

The state will launch three floating solar projects worth INR 7,500 crore ($919 million). The new projects will be in addition to a 600 MW plant currently under development at Omkareshwar reservoir.

NTPC, DVC JV tenders power evacuation package for 755 MW floating solar park

Green Valley Renewable Energy Ltd, a joint venture of government-owned power generators DVC and NTPC, has invited bid to develop the power evacuation system for its 755 MW floating solar project at DVC’s Tilaiya and Panchet reservoirs in Jharkhand.

Japan’s MUFG Bank extends INR 450 crore credit facility to Tata Power

The Japanese bank has extended INR 450 crore sustainable trade finance facility for Tata Power’s 220 MW of solar projects in Gujarat and Maharashtra.

Tata Power to set up India’s first group captive solar plant for a residential society  

Tata Power Renewable Energy Ltd will set up a 3.125 MW ‘group captive’ solar plant to supply power to the Vivarea Condominium residential society in Mumbai.

India to add 45 GW of corporate renewables over five years

Bridge To India analysts expect corporates in India to drive 45 GW of renewables capacity addition over the five years ending 2027. Open-access solar will continue to be the dominant source for power procurement.

SmartHelio raises $5 million

The Swiss PV diagnostics and predictive solutions provider said it would use the amount to scale its software for solar performance management.

Centrotherm’s order book exceeds 10 GW in India 

The German supplier is seeing strong demand for its solar cell production equipment as several companies in India embark on cell manufacturing. 

IESA launching India Electric Mobility Council

India Electric Mobility Council will work with the government and various stakeholders to address the barriers to EV adoption. Focus areas also include safety & standards, charging infrastructure development, battery swapping, and V2G mechanism for India.

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