Gurugram based Hexa Climate Solutions has acquired Finnish energy company Fortum’s renewable energy portfolio in India.
The investment will support the development and construction of up to 11 GW of solar, wind and battery storage projects in Rajasthan and Andhra Pradesh.
Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) is accepting bids to develop 110 MW of grid-connected PV power capacity across two solar parks in the Kanpur region of Uttar Pradesh.
Adani Green Energy Ltd (AGEL) has approved the conversion of 44.9 lakh warrants into equity shares by Ardour Investment Holding, a member of the promoter group of the Company. Consequently, the promoter group shareholding in AGEL has increased from 60.94% to 61.05%.
The 35 MWp solar project will supply power to commercial and industrial (C&I) consumers under the open access framework. Early off-takers include industrial players from recycling, automotive, packaging and plastics, and mining sectors.
Adani Green Energy Ltd (AGEL) has posted robust growth in its revenue, EBITDA, and cash profit, driven by a capacity addition of 3,309 MW in FY 2025.
Wood Mackenzie cautioned that policy uncertainty could significantly alter its projections for solar industry growth.
India added 7,782 MW of solar power generation capacity in the Jan-Feb-March period of 2025, the second-highest PV installation in the last 13 quarters, according to a power sector summary by the Institute for Energy Economics and Financial Analysis (IEEFA).
The Portuguese company said its new anti-soiling solution lasts for at least a year. It can be applied during routine cleaning operations by mixing it directly in the cleaning water.
Reliance Industries Ltd has started production from the first phase of the planned 10 GW solar module facility. The fully automated line produces HJT panels with up to 720 Wp output.
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