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ALTÉRRA Makes $100mn Debut Investment In India’s Evren

ALTÉRRA, one of the world’s largest private climate investment vehicles, has announced its first co-investment, committing $100 million to Indian renewable energy company Evren. The investment, made through the ALTÉRRA Acceleration Fund, marks the fund’s first direct investment in the Global South. It aims to accelerate clean energy deployment in partnership with Brookfield Asset Management […]

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Q1 2025: ESS Accounts For 64% Utility-Scale Tendering Activity 

India’s Standalone Energy Storage Systems (ESS) are becoming the backbone of India’s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics. The report finds that various Indian […]

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Can Make In India Hurt? DCR Shortages Offer An Unhappy Picture

One of the biggest success stories of the Modi government has been the capacity additions in renewable energy, particularly solar energy. From less than 3 GW in 2014, solar capacity today is over 107 GW. Similarly, solar manufacturing capacity has grown from small, sub-GW levels to over 80 GW in Modules, and 25 GW in […]

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GUVNL Awards 250 MW Wind Project to KPI, Juniper, Jakson Green & Inox

Gujarat Urja Vikas Nigam Ltd (GUVNL) has awarded its 250 MW (Phase IX) grid-connected wind power project to KPI Green Energy, Juniper Green Energy, JGRJ Four Renewable (Jakson Green), and Inox Neo Energies (Inox Clean Energy). The tender includes a greenshoe option for an additional 250 MW in Gujarat. KPI Green Energy won the largest […]

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PM-KUSUM: Crompton Secures ₹10.6 Cr Solar Pump Order

Crompton Greaves Consumer Electricals has secured a Letter of Award (LOA) from the Maharashtra Energy Development Agency (MEDA) for a project valued at over ₹10.60 crore. While Crompton is already operational in Haryana, Rajasthan, and Maharashtra, it is now gearing up to kick off work in Madhya Pradesh and is further prepared to expand across […]

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Inox Wind Executes 990 MW Wind Energy Order For Purvah Green

Inox Wind Limited (IWL) has executed a 990 MW turnkey order under a 1,500 MW framework agreement, with implementation underway across multiple sites in Gujarat, Rajasthan, and Madhya Pradesh. The company said it has received all project-related advances, and commissioning is expected to begin in phases from FY26 onwards. The order from Kolkata-based Purvah Green […]

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Bikaner: BluPine Set To Start 150 MW Of Solar Project With BESS

Renewable energy company BluPine Energy is now set to build a 150 MW solar project with an energy storage project at Bikaner in Rajasthan. The company, after winning the bid from the Solar Energy Corporation of India (SECI), is now moving closer to its commissioning. The firm through its Special Purpose Vehicle (SPV) Solarcraft Power India […]

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Indexel, UNIGRID Partner To Deliver 50 MWh US Sodium-Ion Batteries To India

Rajasthan-based EPC firm Indexel Engineering has partnered with US battery technology company UNIGRID to deploy 50 MWh of advanced sodium-ion battery energy storage systems (BESS) in India. The systems will be installed across industrial hubs, renewable energy integration projects, and microgrid applications, aiming to provide cost-effective, thermally stable, and safe storage solutions. The first installations […]

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UltraTech To Tap AMPIN’s 75 MW Solar Project For Captive Power

UltraTech Cement has signed an energy supply agreement and a share subscription and shareholders agreement to acquire a 26% stake in AMPIN C&I Power Eight Private Limited, a company involved in the generation and transmission of renewable energy. AMPIN C&I Power Eight, based in New Delhi, is a special purpose vehicle (SPV) set up to […]

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