Narada Power will supply its liquid-cooled energy storage system for a large solar PV project being developed by a leading private-sector power producer in India.
The company plans to enlist EPC providers for an aggregate capacity of up to 20 MWp per vendor under a single tender.
Tata Power Renewable Energy Ltd commissioned 752 MW of solar projects in the first quarter of FY 2026 — its highest-ever quarterly addition.
International Finance Corp. (IFC) has committed INR 4.6 billion (around $55 million) in long-term financing to IndiGrid to support the deployment of a 180 MW/360 MWh standalone battery energy storage system project in Gujarat.
Waaree Renewable Technologies has received a Letter of Award (LOA) for the execution of a 21 MW AC (29.4 MW DC) ground-mounted solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0.
India’s solar sector faces rising module costs due to recent developments, including the imposition of anti-dumping duties on solar glass and China’s reduction in export rebates on solar modules, impacting project viability. These shifts underline the delicate balance between promoting local manufacturing, pursuing geopolitical strategies, and navigating the economic realities of global trade.
JSW Renew Energy Thirty Seven has signed battery energy storage purchase agreements (BESPA) with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL) for 250 MW/500 MWh of standalone battery energy storage system in Rajasthan.
Hindustan Zinc Ltd’s silver segment has emerged as a key earnings pillar with global silver supply under pressure and rising industrial demand—particularly from photovoltaic (PV) cell manufacturing.
A new report by SBICAPS anticipates that the incentive cut under the second phase of the viability gap funding (VGF) scheme for standalone battery energy storage systems (BESS) could lead to a tariff increase of around 10%. However, it adds, this increase is manageable and could be absorbed in the coming months as capex costs continue to decline.
Hindustan Power has secured a Letter of Award from SJVN Ltd to develop a 100 MW interstate transmission system (ISTS)-connected solar power project paired with a 200 MWh battery energy storage system.
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