Waaree’s Chikhli (Gujarat) manufacturing facility is now listed in the Ministry of New and Renewable Energy’s (MNRE) Approved List of Models and Manufacturers (ALMM) with an approved capacity of 16.444 GW. This takes the company’s total solar module manufacturing capacity in India, including Indosolar, to 20.17 GW.
The Solar Energy Corp. of India (SECI) has invited bids to develop 1 GW/8 GWh of pumped storage capacity across the country, aimed at providing large-scale, on-demand energy storage services to power distribution companies and other buying entities.
Abu Dhabi-based Masdar has signed a power purchase agreement (PPA) for a 200 MW floating solar project in Malaysia, marking its first project in the country under the fifth large-scale solar program.
Bondada Engineering Ltd has secured the balance-of-system (BOS) package for NTPC Green Energy Ltd’s 300 MW solar project at Lalitpur, Uttar Pradesh. With this new addition, its total EPC order book now exceeds 3.3 GW.
Vikran Engineering Ltd has secured an INR 459.20 crore EPC contract for a 400 MW AC grid-connected solar power project in Uttar Pradesh. The project has been awarded by NTPC Renewable Energy Ltd.
Saatvik Green Energy has secured an additional order from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for the supply, installation, and commissioning of 1,000 solar water pumps of 3 HP, 5 HP, and 7.5 HP capacity. This brings its total order from MSEDCL to 1,815 solar water pumps, valued at around INR 30.24 crore (exclusive of GST).
Waaree Energies is looking to deepen its presence in Europe as the European Union’s Net-Zero Industry Act (NZIA) reshapes solar procurement and curbs reliance on Chinese module suppliers. “As a listed, Tier-1, bankable manufacturer with a proven multi-gigawatt track record, we offer the scale and credibility European developers now prioritise,” says Sunil Rathi, executive director, Waaree Group.
Sembcorp has completed the acquisition of a 100% stake in ReNew’s 300 MW solar power project in Fatehgarh, Rajasthan.
With peak power demand expected to approach 300 GW in the coming years and electricity demand growing at 6–7% annually, India would require nearly 230 GWh of energy storage capacity by 2030 to ensure grid stability, flexibility and reliability—said Bhupinder Singh Bhalla, Former Secretary, MNRE, at the Indian Power & Energy Storage Conference 2025, organised by FICCI.
Juniper Green Energy has successfully commissioned 60 MWh of its 100 MWh merchant battery energy storage system (BESS) in the Bikaner district of Rajasthan. The remaining 40 MWh capacity is expected to be commissioned shortly.
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