BC Jindal Group secures INR 6,500-crore renewable energy projects in FY 2026
The BC Jindal Group, a diversified business conglomerates with over INR 18,000 crore turnover, has reached a renewable energy order book of INR 6,500 crore so far in FY26, with more projects in the pipeline.
Engie, Masdar win 1.5 GW solar project in UAE
A consortium of France’s Engie and the UAE’s Masdar has been selected to develop the 1.5 GW Khazna solar PV project located near Abu Dhabi. The project is expected to reach financial close before the end of the year.
ACME Group, Vietnam’s Stavian Industrial Metal sign long-term supply deal for green HBI and DRI
ACME Group and Vietnam’s Stavian Industrial Metal have executed a binding term sheet for long-term sale and purchase of 0.8 MTPA of green HBI (Hot Briquetted Iron) and DRI (Direct Reduced Iron)—two critical raw materials used in steelmaking—for a period of ten years.
PMSGY accelerates residential rooftop solar, yet supply and financing hurdles remain
Despite a nearly fourfold increase in applications between March 2024 and July 2025, only 13.1% of the target of one crore (10 million) residential rooftop solar installations had been achieved, and just 14.1% of the allocated INR 65,700 crore ($7.5 billion) in subsidies released under the PM Surya Ghar: Muft Bijli Yojana as of July 2025. Given this context, achieving the FY2027 target of 30 GW capacity remains a considerable challenge, according to a new report by IEEFA and JMK Research.
India adds ‘record’ 29.5 GW of solar capacity in first nine months of 2025: JMK Research
India added 29.5 GW of solar capacity in the first nine months of 2025, including about 22.5 GW from utility-scale, 5.8 GW rooftop, and 1166 MW offgrid installations.
Hinduja Renewables appoints Deepak Thakur as managing director and CEO
Hinduja Renewables Energy Pvt Ltd (HREPL), part of Hinduja Group, has appointed Deepak Thakur as managing director and chief executive officer, effective from October 1, 2025.
Kosol Energie signs INR 52,000 crore MOU for solar manufacturing expansion, R&D and RE parks in Gujarat
Kosol Energie, led by chairman & managing director, Kalpesh Kalathia, has committed an investment of INR 52,000 crore for solar manufacturing expansion and setting up R&D facilities and integrated renewable energy parks in the Indian state of Gujarat.
ENGIE launches startup program for innovation in renewable energy solutions in India
ENGIE has launched a program to collaborate with enterprise-ready startups in addressing operational and technological challenges across India’s renewable energy sector.
‘Grid in a box’ combines storage and solar PV modules for a microgrid in a 20 ft. container
Paired Power’s modular microgrid targets is assembly-free remote industrial and agricultural applications and rural electrification for Indigenous communities.
Advait Greenergy commits INR 1,400 crore for electrolyser, fuel cell, ERS, and EPC projects in Gujarat
Advait Greenergy has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to invest INR 1,400 crore across electrolyser and fuel cell manufacturing, emergency restoration system (ERS), and engineering, procurement & construction (EPC) projects.
