Archive

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Pharma Firm Kilitch to Save Around ₹15 Million Annually with Rooftop Solar Project

The healthcare sector stands to benefit significantly from transitioning to solar energy, given its high power requirements. By leveraging available rooftop space,...

July 16, 2026

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Melvin Mathew

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Rooftop

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Solar
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Emmvee Plans 9 GW Ingot-Wafer Expansion Amid Revenue and Profit Hike

Bengaluru-based solar cell and module manufacturer Emmvee Photovoltaic Power reported revenue from operations of ₹15.56 billion (~$162.5 million) in the first quarter...

July 16, 2026

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Cabinet Approves ₹1.28 Trillion Program to Boost Semiconductor Ecosystem

The Union Cabinet has approved Semicon 2.0, the second phase of India’s semiconductor incentive program, with a total budget outlay of ₹1.28 trillion (~$14.9...

July 16, 2026

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Arjun Joshi

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Market & Policy

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Other
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Japan Awards 89 MW Solar Capacity at an Average Tariff of $0.04/kWh

Japan’s Organization for Cross-regional Coordination of Transmission Operators (OCCTO) has selected 29 bids for a total capacity of 89.2 MW in its auction to install 91...

July 16, 2026

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Parth Shukla

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Solar

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Tenders & Auctions
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Sterling & Wilson’s Revenue Drops 9.7% YoY in Q1 FY 2027 Due to Lower EPC Business

Sterling and Wilson Renewable Energy (SWREL) has posted revenue of ₹15.90 billion (~$165.1 million) in the first quarter (Q1) of the financial year (FY) 2027, a 9.7%...

July 16, 2026

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Rakesh Ranjan

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Finance and M&A

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Renewable Energy
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ACME Solar Secures ₹26 Billion for 450 MW/1,800 MWh FDRE Project

Gurgaon-based independent power producer ACME Solar Holdings has secured long-term project financing of ₹26.47 billion (~$274.5 million) for its 450 MW/1,800 MWh firm...

July 16, 2026

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Parth Shukla

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Energy Storage

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Finance and M&A

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Solar
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Exide Invests ₹1 billion in Subsidiary to Fund Lithium-ion Cell Facility

Exide Industries (EIL) has announced an investment of ₹1 billion (~$10.38 million) in Exide Energy Solutions (EESL) to fund a gigawatt-scale lithium-ion cell...

July 16, 2026

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Staff

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Energy Storage

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Finance and M&A
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Gujarat Mandates 51% Renewable Power for Data Centers Under New Policy

The Gujarat government has unveiled its Viksit Gujarat Data Center Policy, which mandates that data center developers source at least 51% of the electricity consumed by...

July 16, 2026

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Arjun Joshi

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Markets & Policy

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Renewable Energy
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Waaree Commissions 5.15 GWh Battery Storage Container Manufacturing Plant

Waaree Energy Storage Solutions, a subsidiary of Waaree Energies, has commenced operations at its 5.15 GWh battery energy storage container manufacturing facility in...

July 16, 2026

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Melvin Mathew

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Energy Storage

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Manufacturing
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Sri Lanka Floats Tender for 250 MW/1,000 MWh Battery Energy Storage Systems

Sri Lanka’s National System Operator (NSO) has issued a request for proposals to set up 250 MW/1,000 MWh of standalone battery energy storage systems on a...

July 16, 2026

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Parth Shukla

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Energy Storage

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Tenders & Auctions
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NTPC REL Announces Winners of 1 GW Solar Module Supply Auction

NTPC Renewable Energy (NTPC REL) has announced the winners of its auction to supply modules for its upcoming 1 GW solar projects in the Lalitpur and Chitrakoot districts...

July 16, 2026

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Arjun Joshi

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Solar

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Tenders & Auctions
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SECI Invites Bids for 45.6 MW Wind Project in Andhra Pradesh

The Solar Energy Corporation of India (SECI) has invited bids for the installation, testing, and commissioning of 45.6 MW wind power project at Ramagiri in the Sathya...

July 16, 2026

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Rakesh Ranjan

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Tenders & Auctions

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Wind
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Terra Clean Floats Land Aggregation Tender for 300 MW Solar Project

Terra Clean (TeCL), a wholly owned subsidiary of Indian Oil Corporation, has invited bids for land aggregation for a 300 MW interstate transmission system...

July 16, 2026

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Melvin Mathew

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Solar

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Tenders & Auctions
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Bangalore Metallurgical Eyes Lower Power Costs with 5.5 MW Solar Project

Bangalore Metallurgical has commissioned a 5.5 MW ground-mounted solar project under the open access model to reduce electricity costs at its facility in Chitradurga,...

July 16, 2026

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Arjun Joshi

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C&I

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Solar
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Germany Adds 7.39 GW of Solar Capacity in First Half of 2026

Germany added 7.39 GW of solar capacity during the first six months of 2026, according to data from the Federal Network Agency’s (Bundesnetzagentur) Market Master Data...

July 16, 2026

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Rakesh Ranjan

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Markets & Policy

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Solar

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