Hycosys raises $1 million from MGF Kavachh to develop hydrogen-compatible micro gas turbines
The seed round will aid in accelerating system integration, pilot deployments, and fuel the commercialisation roadmap of the Hycosys’ indigenous hydrogen-compatible micro gas turbine platform with applications across distributed power, aerospace and mobility.
RenewSys secures 125 MWp TOPCon solar module order from ENGIE
RenewSys India has entered an agreement with ENGIE for the supply of 125 MWp of TOPCon solar PV modules. The module deliveries are scheduled between February 2026 and June 2026.
Vikram Solar signs 2 GW PV cell deal with Jupiter International
Vikram Solar has signed the agreement to procure 2 GW of high-efficiency TOPCon and mono PERC solar cells from Jupiter International.
India’s electricity transition unfolds unevenly across states
A new report by IEEFA and Ember finds that India’s electricity transition is unfolding differently across states, shaped by variations in resource endowments, development pathways, and institutional capacities. While some states are already leading in renewable energy deployment and grid readiness, others are building momentum, presenting significant opportunities for accelerated progress through targeted, state-specific policy interventions.
TEXMiN, Russia’s GIREDMET ink pact on rare earth and critical mineral technologies
The TEXMiN Foundation, IIT (ISM) Dhanbad, has signed an MoU with GIREDMET State Research and Design Institute of Rare Metal Industry, Russia, to collaborate on rare earth processing, critical minerals, advanced materials, and translational research across the mining value chain. The partnership will also focus on hydrometallurgical recycling technologies for lithium-ion batteries to recover valuable metals.
Clean Max Enviro Energy raises INR 921 crore from anchor investors
Clean Max Enviro Energy Solutions has raised INR 921 crore from anchor investors ahead of its initial public offering that opens for public subscription today (Feb. 23, 2026).
India must leverage its mature renewable energy base to sustainably power its global AI data centre hub ambitions: Deloitte report
India’s expanding renewable energy base and clean power can play a central role in supporting the next phase of data center growth, supported by smarter power sourcing, stronger grid readiness and coordinated policy action to ensure reliable and sustainable energy at scale, says a new report by Deloitte Asia Pacific.
SECI launches 870 MWp solar module tender
The Solar Energy Corp. of India (SECI) has issued a tender for the supply of 870 MWp of solar PV modules manufactured using domestically produced cells.
NTPC REL commissions additional 165 MW at Khavda-II solar PV project
Following the commissioning of the first 210 MW phase, NTPC Renewable Energy Ltd, an arm of NTPC Green Energy Ltd, has commissioned an additional 165 MW at its 1,200 MW Khavda-II solar PV project in Gujarat.
“We’re ready to support our customers’ energy transition—whether from electrons or molecules”: Thermax executive VP
Arun Unni, Executive Vice President and Business Head – New Energy & Head of Strategy at Thermax, speaks to pv magazine about the evolving green hydrogen market, electrolysis economics, and the company’s ambitions in this space through global technology tie-ups. He also discusses the emerging carbon credit trading system and new opportunities for Thermax in biomass, sustainable fuels, and round-the-clock renewable energy solutions.
