Taking the green route, four companies from the textile and ceramic industries have cumulatively saved ₹152.26 million (~$1.7 million) since 2024 by procuring power from a 21.5 MW solar project. With the volatility of energy prices, these energy-intensive companies sought ways to reduce their energy costs. Due to the challenges involved in procuring power from open-access power projects, textile manufacturers Omax Cotspin and Fiotex Cotspin, and ceramic companies Agritex Enterprises and Antique Marbonite decided to procure power from a group captive power project at Soladi village in Gujarat.

Power transmission service providers identified high wind speeds caused by climate change events as one of the main reasons for recurring transmission tower failures in India. In all, there were 76 extra-high-voltage (EHV) transmission line tower failures across 28 transmission lines, including 220 kV, 400 kV, and 765 kV AC lines, in 2024, as reported by 12 public and private power utilities, such as Power Grid Corporation of India, NTPC, and Adani Transmission. EHV and ultra-high voltage lines are crucial for the evacuation of renewable energy over long distances and across states.

The Ministry of New and Renewable Energy invited proposals under the ‘Innovation Challenge for Circularity in Renewable Energy Technologies – Batteries and Solar Photovoltaic.’ The challenge will focus on design and manufacturing innovations that promote circularity, facilitating easy dismantling and waste segregation, resource efficiency, the use of alternative materials, chemicals, and technologies for manufacturing, and the manufacture of products from recycled materials.

Austria-headquartered technology group ANDRITZ secured an order from Adani Green Energy to supply pump turbines, motor generators, and other electromechanical equipment for the 1,500 MW Tarali pumped storage project in Satara, Maharashtra. ANDRITZ will be responsible for the design, manufacture, installation, testing, and commissioning of the pumped storage units, along with their associated auxiliary systems.

Mazagon Dock Shipbuilders, a public sector undertaking under the Ministry of Defence, issued a tender for the operation and maintenance of rooftop solar projects with a cumulative capacity of 1.85 MW spread across its premises in Mumbai. The O&M contract is structured as a bi-annual rate agreement. Bids must be submitted by July 7, 2025. Bids will be opened on July 9. The scope of work includes the supply, installation, and commissioning of spare parts essential for rooftop solar installations. It also involves monthly cleaning, preventive and corrective maintenance conducted twice every month, and timely supply and installation of the spare parts such as inverters (25 kW, 30 kW, 50 kW), mono and polycrystalline modules, MC4 connectors, DC cables, chlorinated polyvinyl chloride pipes, water tanks, DCDB/AJB junction boxes, pumps, elbows, and hose pipes.

REC Power Development and Consultancy issued a request for proposal for developing a 2,000 MW intrastate transmission system to evacuate power from a proposed solar park at Ryapte village in Tumkur district, Karnataka. Bids must be submitted by August 12, 2025. Bids will be opened on the same date. The scope of work involves the development of two 400/220 kV substations at Ryapte and Doddathaggalli (near Hoskote), and multiple associated 400 kV and 220 kV double-circuit transmission lines. It also involves the establishment of terminal bays at the existing substations at Kolar, Malur, Ekarajapura, Hosakote New, and Sarjapura.

Decarbonization solutions company ReNew reported a 415% year-over-year increase in net profit to ₹3.14 billion (~$36.48 million) in the fourth quarter of the financial year 2024-25, from ₹609 million (~$7.07 million). The company attributed the increase in net profit to higher operating revenues, external sales of its solar modules and cells, and a lower tax incidence. However, the rise was partially offset by higher scale-linked financing costs and depreciation, including costs associated with external sales from module and cell manufacturing operations, as well as lower resource availability.