Following this solar agreement, ReNew’s committed commercial and industrial (C&I) portfolio expands to 2.7 GW (2 GW commissioned and 700 MW under construction). Additionally, it has 700 MW in the pipeline.
The procurement exercise, the second solar auction under Italy’s Fer X incentive scheme and first to exclude the use of Chinese solar modules, cells and inverters for projects above 1 MW in size, concluded with a final average price of €0.06637/kWh.
The largest area of green financing is energy-efficient machinery, which supports MSMEs in modernising production lines and reducing operational energy consumption. Significant capital is also being channelled into rooftop solar installations, electric vehicles, and enterprises operating in the water, sanitation, and hygiene (WASH) sectors, across clusters such as manufacturing, healthcare, and food processing.
GameChange Solar has been selected to supply its Genius Tracker 1P system for the Khulis solar PV independent power plant, being developed by ACWA Power.
SJVN Green Energy Ltd. (SGEL) has commenced commercial operations of an additional 100.56 MW under its 1,000 MW Bikaner solar power project. With this, the project’s cumulative commissioned capacity has reached 830.70 MW, with the remaining capacity expected to come online soon.
Tata Group is developing two 50 MW solar power plants in Bundelkhand and Prayagraj, along with rooftop solar projects across several districts in Uttar Pradesh. Aligned with Uttar Pradesh’s EV subsidy policy, the Group is exploring opportunities to set up dedicated electric vehicle manufacturing facilities in the State.
Kosol Energie has announced a collaboration with Mafatlal Industries Ltd (MIL) for the installation of a 4 MWp (DC) ground-mounted solar photovoltaic (PV) power plant at its Nadiad unit for captive consumption.
The average share of renewable energy in the Indian textile industry’s total energy consumption increased from about 14% in FY2023 to nearly 18% in FY2025, according to a new report from ICRA ESG Ratings Ltd.
In a new weekly update for pv magazine, Solcast, a DNV company, reports that November brought above-average solar conditions in northern India and Pakistan, while southeastern India and Sri Lanka faced reduced solar output due to Cyclone Ditwah’s storms and heavy cloud cover. Despite southern disruptions, India’s renewable energy share rose, driven by strong solar generation in the north and overall growth in renewable capacity.
Naxion Energy (formerly Sodion Energy) has introduced its sodium-ion–based energy storage systems for the residential and commercial & industrial sectors. The storage systems are available in 3.5 kW, 5 kW, and 10 kW models, and the batteries can be expanded to double the system’s storage capacity.
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