ABB invests further $75 million to expand manufacturing and R&D footprint in India
ABB will invest a further $75 million in India during 2026 to significantly expand its manufacturing and research and development (R&D) capabilities for critical electrification and automation solutions.
The strategic turn in industrial energy procurement
Industrial energy procurement has broadened in scope. Tariffs remain an important part of the decision, alongside a wider set of considerations. Buyers now weigh reliability, predictability, sustainability, and long-term exposure alongside price.
Oriana Power secures EPC contract for 234 MW floating solar plant in Jharkhand
Oriana Power has secured an INR 1,180.53 crore contract for the supply of plant and equipment, EPC, and long-term operation and maintenance of a 234 MW grid-tied floating solar PV plant at the Maithon Dam Reservoir.
Sunsure signs solar PPAs with Daeseung Autoparts, Ilgahng Automotive
Sunsure Energy has secured 8 MWp of solar power agreements to supply clean energy to the Tamil Nadu facilities of South Korean automotive companies.
Why tech-enabled, solar-compatible BESS will power the next energy boom
The next clean-energy boom will be driven not only by renewable generation but by intelligent storage. Tech-enabled, solar-compatible battery energy storage systems (BESS) will make clean energy predictable, resilient, and commercially viable at scale.
Rajesh Power signs BESPA with GUVNL for 65 MW/130 MWh battery storage project in Gujarat
Rajesh Power Projects has signed a battery energy storage purchase agreement (BESPA) with state-run Gujarat Urja Vikas Nigam Ltd (GUVNL) for the development of a 65 MW/130 MWh standalone battery energy storage system (BESS) project at Virpore in Gujarat.
Silent bottleneck in India’s EV transition: Roadmap for localization, talent and better user experience
Several EV and charging components such as rectifiers, power modules, semiconductors, battery cells and PCBs are still largely imported. These create ecosystem-wide challenges including supply volatility, cost exposure, limited local integration, and scaling constraints. However, these gaps also represent one of India’s biggest opportunities.
ACME Solar signs 450 MW FDRE PPA with SJVN, commissions second phase of 285 MW/600 MWh BESS project in Jaisalmer
ACME Solar has secured two power purchase agreements (PPAs) with SJVN Ltd for 300 MW and 150 MW, totaling 450 MW, under a firm and dispatchable renewable energy (FDRE) project. The company also announced the commissioning of an additional 38 MW/82 MWh at its 285 MW/600 MWh battery energy storage system (BESS) project in Jaisalmer district, Rajasthan.
Advait Energy Transitions upgraded to ‘A-/Stable’ by Crisil Ratings
CRISIL has upgraded Advait Energy Transitions Ltd’s long-term rating to A-/Stable from BBB+/Stable, and short-term rating to A2+. In addition, the total bank loan facilities rated have been enhanced from INR 110 crore to INR 405 crore.
Siemens Energy India Q1 profit rises 34.9% to INR 313 crore
Siemens Energy India Ltd has reported a 26% year-on-year increase in revenue to INR 1,911 crore and a 34.9% rise in profit after tax to INR 313 crore for the quarter ended December 2025 (Q1 FY2026). The company’s order backlog expanded 37.6% to INR 17,599 crore.
