Serentica Renewables has secured 600 MW in the Solar Energy Corp. of India’s (SECI) FDRE VII assured peak power tender, the largest allocation awarded to a single bidder in the auction.
With the latest addition, ACME Solar’s overall contracted renewable energy portfolio has crossed 8 GW across solar, wind, firm and dispatchable renewable energy (FDRE), round-the-clock (RTC), and hybrid projects.
The Solar Energy Corp. of India (SECI) has concluded its tender for the development of 1.2 GW of renewable energy projects coupled with energy storage systems (ESS), designed to provide 4.8 GWh of assured peak power supply daily (1,200 MW for four hours). The lowest discovered tariff under the auction was INR 6.27/kWh.
Saudi researchers outlined pathways for Saudi Arabia to reach net-zero power sector emissions by 2060, requiring up to 3.6% of land – mostly for onshore wind – with 151.3 GW of solar PV covering only 0.16% of the country.
GameChange Solar has won an order to supply its Genius Tracker 1P system for the 1,290 MWp Bisha solar PV independent power plant in Saudi Arabia. The project is being developed by ACWA Power, with L&T as the EPC partner.
NLC India Ltd has secured a 600 MW solar project coupled with a 300 MW/1,800 MWh energy storage system (ESS) from the Solar Energy Corp. of India (SECI). The company said its wholly owned subsidiary, NLC India Renewables Ltd (NIRL), has received a letter of award for the project.
Coal-based thermal power is expected to remain the backbone of electricity generation in FY27, accounting for around 70%, even as renewable energy continues to dominate incremental capacity additions.
Brazil curtailed about one-fifth of its solar and wind generation in 2025, wasting an estimated BRL 6.5 billion ($1.23 billion), as grid constraints and demand mismatches pushed the power system close to operational safety limits on 16 days, according to a report from Volt Robotics.
Bhutan’s Druk Green Power Corporation and India’s Carbon Resources Private Limited have agreed to collaborate on new solar and hydropower projects in Bhutan with capacities between 100 MW and 250 MW.
We are preparing for a future where transformers are dynamic energy hubs, stabilizing a grid that is constantly fluctuating between charging EVs and absorbing solar export.
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