Oyster Renewable commissions part capacity of 315.6 MW hybrid wind-solar project for Jindal Stainless
Designed to support Jindal Stainless’ transition to a cleaner and more resilient energy mix, the 315.6 MW hybrid wind-solar project is being developed by Oyster Renewable with a total investment of over INR 2,000 crore, including a committed investment of INR 132 crore from Jindal Stainless.
Clean Max Enviro acquires Kintech Solarbikaner for INR 38 crore
CleanMax Enviro Energy Solutions stated that the acquisition of Kintech Solarbikaner will support the company’s growth and further development of its wind-solar hybrid renewable energy capacity in the state of Gujarat.
Why Gujarat continues to attract large-scale renewable energy investment
As India’s clean energy ambitions scale, investment will increasingly follow regions that can deliver outcomes, not just intent. Gujarat’s experience suggests that long-term renewable growth depends as much on institutional preparedness and grid integration as it does on natural resources.
SECI seeks developers for 1 GW round-the-clock renewable power supply
Solar Energy Corp. of India (SECI) has invited bids from developers to set up renewable energy projects on a build-own-operate (BOO) basis to supply 1 GW of power on a round-the-clock (RTC) basis. Energy storage systems (ESS) will be a mandatory component of the projects.
ACME Solar secures PPA with SECI for 190 MW wind-solar hybrid project
ACME Solar arm ACME Urja One has signed a 25-year power purchase agreement with Solar Energy Corp. of India (SECI) for a 190 MW wind-solar hybrid project with assured peak power supply.
Renewables’ share to reach 26% of total power generation by FY2026-end: Infomerics Ratings
Infomerics Ratings expects renewable energy (RE) to account for 26% of India’s total power generation by the end of FY2026, despite softer demand conditions.
Adani commits $100 billion to renewables-powered AI-ready data centres
Adani Group has announced an investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centre capacity in India by 2035.
India’s Union Budget 2026–27 removes customs duty on solar glass inputs, lithium battery cell machinery, and critical minerals processing equipment
India’s Union Budget 2026–27 extends basic customs duty (BCD) exemptions on the import of capital goods used for lithium-ion cell production for battery energy storage systems (BESS), as well as capital goods required for processing critical minerals. It also removes the 7.5% BCD on sodium antimonate used in solar glass manufacturing.
Adani Green Energy rated BBB+ with stable outlook by JCR
Japan Credit Rating Agency (JCR), Japan’s leading rating agency, has assigned Adani Green Energy Ltd (AGEL) a long-term foreign currency credit rating of BBB+ with a Stable outlook, at par with India’s sovereign credit rating of BBB+.
AM Group to set up 1 GW AI compute facility backed by round-the-clock renewable power supply in Uttar Pradesh
AM Group has signed a memorandum of understanding (MoU) with Invest UP, the Government of Uttar Pradesh, to develop a 1 GW high-performance computing (HPC) hub, backed by renewable energy, to serve global AI workloads. The project will entail an investment of around $25 billion.
