SAEL secures $132 million for 300 MW solar project in Andhra Pradesh
SAEL has secured $132 million in debt financing for the development of a 300 MW solar power project in Andhra Pradesh. The funding was secured from Asian Infrastructure Investment Bank (AIIB), New Development Bank (NDB), and Societe Generale with each committing $44 million to the project.
Zambia completes 100 MW solar farm
Zesco has completed the 100 MW Chisamba solar farm in southern Zambia and has launched plans for a second 100 MW phase at the site, now home to sub-Saharan Africa’s largest grid-connected solar plant outside South Africa.
NLC, MAHAPREIT form JV to develop 5 GW of renewable energy projects in Maharashtra
The joint venture company aims to develop 5 GW of renewable energy capacity in Maharashtra, with an initial target of 2 GW.
AMPIN Energy secures 25-year power purchase agreement with IMFA
AMPIN Energy will supply 40 MW of contracted power to Indian Metals & Ferro Alloys Ltd through a hybrid renewable energy solution, comprising 58 MW AC of solar and 58 MW of wind capacity.
India’s power demand to grow 6.0-6.5% over next five years, driven by EVs, data centres and green hydrogen: ICRA
Electric vehicles, data centres and green hydrogen are expected to contribute to 20-25% of the incremental power demand over the next five-year period from FY2026 to FY2030.
Sterling and Wilson Renewable Energy emerges L1 bidder for 225 MW solar EPC project
Sterling and Wilson Renewable Energy Ltd (SWREL) has won a turnkey EPC contract for the development of a 225 MW (AC) grid-connected solar PV project in Gujarat by submitting the lowest bid.
Reliance Power secures LoA for 350 MW solar project with 175 MW/700 MWh battery energy storage system
Reliance Power’s total clean energy pipeline now stands at 2.4 GW of solar DC capacity and over 2.5 GWh of battery energy storage system (BESS) capacity, making it India’s largest player in the integrated solar plus BESS segment.
BC Jindal Group wins 150 MW in SECI tender for round-the-clock power from renewables plus storage
The BC Jindal Group will be responsible for land acquisition, project installation and ownership, obtaining all necessary approvals, and ensuring interconnection with the ISTS network to supply the contracted power.
Karnataka launches tender for 250 MW solar project with 250 MW/1,100 MWh battery energy storage system
Karnataka Renewable Energy Development Ltd (KREDL) is accepting bids to develop a 250 MW solar PV power project along with a 250 MW/1,100 MWh battery energy storage system (BESS) at Ryapte in Karnataka.
South Korea launches 1 GW PV tender
South Korea’s Ministry of Trade, Industry and Energy (MOTIE) has kicked off a tender for 1 GW of solar and 1.25 GW of wind. The ceiling prices for solar contracts stands at KRW 157,307 ($113.6)/MWh.
