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K’taka Solar Case: APTEL Grants Relief To Hero Future Energies

In a significant development for renewable energy developers, the Appellate Tribunal for Electricity (APTEL) has partially set aside an order of the Karnataka Electricity Regulatory Commission (KERC) and granted key reliefs to Hero Future Energies Private Limited in a dispute involving project delays, liquidated damages, and tariff entitlements. The case originated from an appeal filed […]

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Reliance To Invest ₹10,000 Cr To Deploy 1,700 MWp Solar Under SECI PPA

Reliance NU Suntech, a subsidiary of Reliance Power Ltd, has signed a 25-year power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI), the company said. The deal paves the way for the development of one of Asia’s largest single-site integrated solar and battery energy storage system (BESS) projects, expected to be commissioned […]

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Indian Oil Okays ₹1,086 Cr Additional Investment In Terra Clean

Indian Oil Corporation Ltd has approved an additional equity investment of ₹1,086 crore in its wholly owned subsidiary Terra Clean Ltd to develop 4.3 GW of renewable energy capacity, the company said in a regulatory filing. The fresh investment supplements the ₹1,303.75 crore previously sanctioned for developing 1 GW of renewable capacity through Terra Clean, […]

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Waaree Renewables Boasts Of 3.2 GW Of Order Book

Waaree Renewable Technologies claimed that its unexecuted order book had grown to 3.2 gigawatts peak (GWp), up from 2.3 GW at the start of the fiscal year, as the listed engineering, procurement and construction (EPC) firm continues to expand its footprint in India’s rapidly evolving clean energy sector. “We started the year with an unexecuted […]

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JinkoSolar Swings To Q1 Loss On Lower Shipments, Weak Prices

JinkoSolar Holding Co. reported a sharp drop in first-quarter revenue and swung to a net loss as weak pricing and lower shipments weighed on margins, the company said in its latest financial results. Revenue for the quarter ended March 31 fell 33% sequentially to RMB13.84 billion (US$1.91 billion), down from RMB20.65 billion in Q4 2024 […]

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MiniMines To Expand Battery Recycling In 3 New States: CEO

How has MiniMines been on its journey towards Lithium-ion battery recycling? Our journey started just before the COVID-19 pandemic. As a chemical engineer, I began my career at the Bhabha Atomic Research Centre, working on the recovery of uranium, cobalt, and nickel from deactivated waste liquor — which directly aligns with what we do today. […]

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Maharashtra: Avaada To Build 3.6 GW Pumped Storage Projects

Avaada Group on Tuesday signed a Memorandum of Understanding (MoU) with the Maharashtra government to develop two pumped storage hydro projects with a combined capacity of 3,650 megawatts. The agreement, signed with the state’s Water Resources Department, was formalized in the presence of Maharashtra Chief Minister Devendra Fadnavis, along with senior government officials including Water […]

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Rising Heat, Rising Demand: Demand Response Makes a Case For India

Climate change has caused the global temperatures to soar to new heights with the world now witnessing significant heatwaves, and with that the rise of global cooling needs. In the new era of power consumption dominated by renewable energy (RE), Demand Response (DR) may play a crucial role in optimal use of power, especially in […]

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Troubled REC SiIicon Gets Offer From Hanwha Corporation

Norwegian silicon maker REC Silicon has received a lifeline after years of financial troubles, but not without buyout some controversy. The Korean Hanwha Corporation and Hanwha Solutions, the entities with the highest shareholding in REC Silicon, have offered to buy out all other shareholders at NOK2.2 (US$0.21) per share through a newly established company, Anchor […]

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