SAEL has secured $132 million in debt financing for the development of a 300 MW solar power project in Andhra Pradesh. The funding was secured from Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale with each committing $44 million to the project.
H.G. Infra Engineering Ltd has secured a Letter of Intent (LOI) from Gujarat Urja Vikas Nigam Ltd (GUVNL) for the development of a 300 MW/600 MWh standalone battery energy storage system in Gujarat.
Projects can maintain tax credit eligibility if 5% of total capital expenditure is incurred before legislative changes take effect.
Zesco has completed the 100 MW Chisamba solar farm in southern Zambia and has launched plans for a second 100 MW phase at the site, now home to sub-Saharan Africa’s largest grid-connected solar plant outside South Africa.
Waaree Solar Americas, an arm of Waaree Energies, has secured an order to supply 586 MW of solar modules for an amount of $176 million.
The joint venture company aims to develop 5 GW of renewable energy capacity in Maharashtra, with an initial target of 2 GW.
Manufacturers are integrating polymer-based frames into mass production, optimizing for rooftop and bifacial modules, and creating hybrid frames for challenging climates. The goal is consistent: reduce total cost of ownership without compromising durability.
AMPIN Energy will supply 40 MW of contracted power to Indian Metals & Ferro Alloys Ltd through a hybrid renewable energy solution, comprising 58 MW AC of solar and 58 MW of wind capacity.
Electric vehicles, data centres and green hydrogen are expected to contribute to 20-25% of the incremental power demand over the next five-year period from FY2026 to FY2030.
Sterling and Wilson Renewable Energy Ltd (SWREL) has won a turnkey EPC contract for the development of a 225 MW (AC) grid-connected solar PV project in Gujarat by submitting the lowest bid.
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