Luminous Power Technologies has inaugurated its first lithium-ion battery assembly line at Baddi, Himachal Pradesh. This new line is designed to produce standalone lithium-ion battery packs, stationary battery energy storage systems (BESS), and automotive battery packs for e-rickshaw applications.
Sunsure Energy has started supplying solar power to Max Healthcare Institute’s Super Speciality Hospital in Noida under a long-term power purchase agreement (PPA).
KPI Green Energy Ltd has commenced power generation and supply from its 200 MW AC (240 MW DC) grid-connected solar project awarded by Gujarat Urja Vikas Nigam Ltd (GUVNL). It had secured this IPP project through a competitive bidding process.
Swiss electrical connector manufacturer Stäubli has invested $10 million to expand its manufacturing facility in Bangalore, strengthening its presence in India’s fast-growing solar PV market. The expanded site will produce MC4-Evo1 and MC4-Evo2 connectors using fully automated assembly lines to support domestic and global demand.
Oswal Greenzo Energies, a joint venture between Oswal Energies Ltd and Greenzo Energy India Ltd, has been awarded a contract for the design, supply, installation, testing, and commissioning of a 5 MW green hydrogen plant at Deendayal Port, Kandla. The facility will be India’s first green hydrogen plant located at a major port, positioning Deendayal Port as an early mover in maritime decarbonisation.
The newly formed Nextpower Arabia joint venture has secured an order to supply 2.25 GWp of advanced solar tracking systems for Saudi Arabia’s Bisha solar project, which is being developed by an ACWA Power–led consortium, with Larsen & Toubro (L&T) serving as the execution partner.
Rajasthan Electronics & Instruments Limited (REIL) has invited bids for the installation of 17.5 MWp of grid-connected rooftop solar power capacity under RESCO model across government, semi-government, and autonomous body buildings in multiple Indian states and union territories.
India must mobilise around $145 billion in annual energy investment to sustain economic growth while pushing its net-zero ambitions. The bulk of this capital will be directed toward scaling up renewable power generation, grid infrastructure modernization, and energy storage, according to Wood Mackenzie.
Kosol Energie has finalized a 360 MW microinverter supply agreement with Hoymiles Power Electronics Inc. for residential rooftop solar projects to be deployed across Andhra Pradesh.
Tata Power Renewable Energy Ltd has commissioned 10 GW of EPC projects to date, including 1.88 GW operationalized during the first nine months of FY26.
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