ACME Solar to acquire AK Renewable Infra
ACME Solar Holdings has executed a share purchase agreement to acquire 100% equity shares of AK Renewable Infra for an enterprise value of INR 79.25 crore.
U.S. installs 14.5 GW of large-scale solar in the first half of 2025
Solar represented 75% of grid capacity additions in the first half, followed distantly by wind and natural gas, said new data from the Federal Energy Regulatory Commission.
Ceigall secures LOIs for 337 MW solar power projects from MSEDCL
Ceigall will set up grid-connected solar power projects at multiple locations across Maharashtra to supply 337 MW of contracted power to Maharashtra State Electricity Distribution Co. Ltd.
Adani Green switches on 87.5 MW solar at Khavda
With these solar additions, Adani Green Energy Ltd’s total operational renewable generation capacity has swelled to 16,078 MW.
Philippines renewables auction awards 9.4 GW, short of 10.6 GW goal
Preliminary results from the fourth renewables auction in the Philippines show 9.4 GW in awarded solar, wind and storage projects, short of the 10.6 GW target, with remaining capacity in floating solar and solar-plus-storage to be reassigned to qualified bidders.
Adani Green commissions 125 MW solar at Khavda
Adani Green Energy Ltd’s total operational renewable generation capacity has now increased to 15,990.5 MW.
Bangladesh scraps 5.68 GW of solar
Bangladesh has canceled 5.68 GW of planned solar capacity across 34 projects after developers failed to secure implementation, power purchase or land lease agreements, raising investor concerns over policy stability.
GST on solar cells, modules cut to 5%
India’s Goods and Services Tax (GST) Council has announced a reduction in the GST rate on solar cells—whether or not assembled into modules—from the current 12% to 5%. The revised rates will take effect from September 22.
KP Group partners with AHES, GH2 Solar on 100,000 tpa green ammonia facility
KP Group has partnered with GH2 Solar and South Korea’s AHES Co. Ltd. to establish and operate a green ammonia production facility in India with a capacity of 100,000 metric tons per annum.
Coal India Ltd invites EOI for EPC of 3 GW solar projects
State-owned Coal India Ltd (CIL), the largest coal producer globally, is seeking interest of EPC players for the development of 3 GW of grid-connected solar power projects anywhere in India.
