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Highlights

SAEL secures $132 million for 300 MW solar project in Andhra Pradesh

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 secures Letter of Intent for 300 MW/600 MWh battery storage project in Gujarat

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.

“Time is of the essence” to safe harbor solar components to secure U.S. tax credits

Projects can maintain tax credit eligibility if 5% of total capital expenditure is incurred before legislative changes take effect.

Zambia completes 100 MW solar farm

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 secures 586 MW solar module order

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.

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NLC, MAHAPREIT form JV to develop 5 GW of renewable energy projects in Maharashtra

The joint venture company aims to develop 5 GW of renewable energy capacity in Maharashtra, with an initial target of 2 GW.

Beyond aluminium: How composite frames are redefining the solar module landscape

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 secures 25-year power purchase agreement with IMFA

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.

India’s power demand to grow 6.0-6.5% over next five years, driven by EVs, data centres and green hydrogen: ICRA

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 emerges L1 bidder for 225 MW solar EPC project

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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