Avaada unveils 11 solar plants in Maharashtra’s Yavatmal under MSKVY 2.0 Scheme
Diversified energy firm Avaada Group has inaugurated 11 solar power plants in Maharashtra’s Yavatmal district under the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0—a scheme aimed at providing farmers with reliable daytime power for irrigation while advancing the state’s clean energy transition.
Husk secures local currency debt facility to scale solar minigrids in Nigeria
Husk has secured a ₦5 billion (approximately $3.2 million) revolving, local currency debt facility from United Capital Infrastructure Fund (UCIF) to support the deployment and scaling of solar minigrids across Nigeria.
Avaada Group to invest INR 5,000 crore in 1 GW of renewable energy projects in Bihar
Avaada Group has signed a memorandum of understanding with the government of Bihar to invest INR 5,000 crore for developing 1 GW of solar and battery energy storage projects in Bihar.
OMC Power eyes 1 GW distributed renewable energy portfolio
The PAT-positive distributed renewable energy player, backed by Japan’s Mitsui & Co. and Chubu Electric Power, is targeting a 1 GW portfolio within five years, with rooftop solar, floating PV, and rural electrification at the center of its growth strategy.
India needs to invest $1.5 trillion by 2030 for climate action at scale: Deloitte report
The report highlights significant investment opportunities across renewable energy (solar, wind, hydro), bio-energy, energy storage solutions, green hydrogen and its derivatives, sustainable transport infrastructure, digital systems and platforms for climate action, sustainable agriculture, and circular economy and waste management.
Solarium, NISE sign MoU to develop solar-based heating solutions for cold regions
Solarium Green Energy Ltd has signed a Memorandum of Understanding (MoU) with the National Institute of Solar Energy (NISE), under the Ministry of New and Renewable Energy, to jointly develop advanced solar-based heating technologies.
Mitsubishi announces $3.9 billion investment in U.S. community solar
Nexamp will receive investment to build community solar projects, reported Tokyo-based news outlet Nikkei.
Onix Renewable begins work on 1,959 MW decentralized solar project in Maharashtra
Onix Renewable Ltd has commenced development of a 1,959 MW solar power project in Maharashtra under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.
Husk Power Systems receives $5 million debt financing from IFC
The financing package will enable Husk Power Systems to develop and operate up to 108 mini-grid sites in Nigeria.
Malaysia introduces rooftop solar aggregation scheme
Malaysia’s first rooftop aggregation initiative for solar systems is now live. The program allows homeowners to lease or rent their rooftop for solar generation, with the electricity produced sold to commercial and domestic customers within a 5 km radius.
