PNC Infratech has received a Letter of Award (LoA) from NHPC for the development of a 300 MW interstate transmission system (ISTS)-connected solar power project, integrated with a 150 MW/600 MWh energy storage system.
The integrated system is claimed to efficiently provide dynamic load balancing, while supporting demand-side management and future smart grid applications. The heat pump technology comes from Mitsubishi’s Ecodan, Mr. Slim, and M heat pump series, which Evhacs modified for integration with the EV charger.
Jakson Green has emerged as the successful bidder in Solar Energy Corp. of India’s (SECI) 6th green ammonia auction, securing a capacity of 85,000 tonnes per annum (tpa) at a record-low price of INR 50.75 per kg.
ReNew Energy Global has reported a net profit of INR 5,131 million for the first quarter of fiscal year 2026 (Q1 FY26), marking a 13-fold increase from INR 394 million in Q1 FY25. A significant portion of the profit—INR 3,562 million—was contributed by external sales from the company’s solar module and cell manufacturing business.
The economics of solar have evolved significantly. With declining panel costs and robust government support—through schemes like the PM Surya Ghar Muft Bijli Yojana and PM-KUSUM—solar is now a financially viable solution for municipalities and citizens alike.
The funding will support the execution of large-scale renewable energy projects by the company and its subsidiaries, further strengthening its operational capacity.
With this project addition, InSolare has become the only company in India to secure production-linked incentive (PLI) allocations under the SIGHT Scheme for indigenous electrolyser manufacturing, green hydrogen, and green ammonia production.
L&T Energy GreenTech has signed an agreement with Japan’s Itochu Corp. for joint development of a 300 ktpa (kilotonnes per annum) green ammonia project at Kandla in Gujarat. Itochu will offtake the green ammonia from the project for bunkering applications in Singapore.
The new initiative features plans for 1 MW solar minigrids tied with 4 MWh of accompanying battery energy storage, to be deployed across 80,000 villages, alongside 20 GW of centralised solar power plants.
Onix Renewable Ltd emerged as the winning bidder for production and supply of 50,000 tonnes of green ammonia annually in SECI’s latest auction under SIGHT Scheme.
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