Daily News Wrap-Up: Tamil Nadu Targets 43% Renewable Energy by FY 2030
Gujarat mulls ending separate connectivity agreement for Surya Ghar projects
October 16, 2025
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The Tamil Nadu Electricity Regulatory Commission set a target of meeting 43.33% of its energy requirements from renewable sources by the financial year 2030. The wind renewable energy component must be met through energy produced from wind projects commissioned after March 31, 2024. The hydro renewable energy component must be met from hydropower projects, including pump storage projects and small hydro projects commissioned after March 31, 2024. It may also be met from the free power provided to the state or power distribution licensee from hydro power projects commissioned after March 31, 2024, or from hydro power projects located outside India, as approved by the central government on a case-by-case basis.
The Gujarat Electricity Regulatory Commission proposed removing the requirement for a separate written connectivity agreement between the distribution licensee (DISCOM) and the consumer for rooftop solar systems installed under the PM Surya Ghar: Muft Bijli Yojana. Instead, the agreement would automatically come into force on the project’s commissioning date, with DISCOMs required to issue consumers a receipt-backed acknowledgment stating the agreement start date and the applicable surplus power purchase rate. Four state-owned DISCOMs had filed a petition seeking a waiver of the interconnection agreement for rooftop solar systems under the PM Surya Ghar program.
The Ministry of Railways invited bids for setting up 2.9 MW rooftop solar projects across various stations, service buildings, residential complexes, and level crossing gates in the Delhi Division. Bids must be submitted by November 4, 2025. Bids will be opened on the same day. The scope of work includes the complete design, supply, installation, testing, and commissioning of on-grid solar systems. These systems must be equipped with solar modules, mild steel hot-dipped galvanized mounting structures, suitable power conditioning units, array and main junction boxes, AC and DC distribution boards with switchgear, armored power and control cables, remote data monitoring systems, earthing systems, and lightning and surge protection.
Haryana-based solar module manufacturer Saatvik Green Energy received orders worth approximately ₹6.9 billion (~$78.05 million) to supply high-efficiency solar modules to undisclosed Indian independent power producers and engineering, procurement, and construction contractors. It has received the orders in two sets. One set of orders is worth ₹506.2 million (~$5.73 million) received by Saatvik Green Energy. This will be completed by November 2025. The second, worth ₹6.39 billion (~$72.34 million), was received by Saatvik’s material subsidiary, Saatvik Solar Industries.
The board of directors of Refex Green Power, a wholly-owned subsidiary company of Refex Renewables and Infrastructure, approved the sale of its entire 74% equity stake in Flaunt Solar Energy, a step-down subsidiary. The stake will be sold at face value equal to cost for ₹74,000 (~$837), payable in cash, translating to ₹10 (~$0.11) per share based on a valuation that places the equity fair value in negative territory, according to a bourse filing. Refex Renewables and Infrastructure said no share purchase agreement has yet been executed. The expected completion date for the transaction is October 15, 2025.
Decarbonization solutions company ReNew Global Energy (ReNew) received a best and final non-binding proposal from the consortium led by Abu Dhabi Future Energy (Masdar), Canada Pension Plan Investment Board, Platinum Hawk, and Sumant Sinha, Founder-CEO at ReNew, to acquire the company’s entire issued and to-be issued share capital for a cash consideration of $8.15 per share. This would include the share capital not already owned by the consortium. ReNew said this acquisition proposal represents a $1.08 per share or 15.3% increase from the initial non-binding proposal from the consortium dated December 10, 2024.
Aiming to advance its sustainability goals and make productive use of parking and shaded areas, Cyberpark in Kozhikode, Kerala, commissioned a 300 kW rooftop solar system executed by Wattsun Energy. The project was driven by Cyberpark’s vision to reduce grid dependence while turning underutilized car park spans into power generation assets. Before opting for solar, the campus consumed roughly 2.9 GWh of electricity annually. The new system is projected to lower annual power expenses by around 20%, with an estimated payback period of 2.5 years. Wattsun deployed Rayzon solar modules paired with Polycab inverters for reliable, high-yield performance in coastal conditions.
Adani Green Energy Twenty Six A, a wholly-owned stepdown subsidiary of Adani Green Energy, operationalized a 50 MW solar project at Khavda, Gujarat. Power generation from this project is set to commence on October 16, 2025. Adani Green’s total operational renewable generation capacity, with this commissioning, stands at 16,729.8 MW. In September this year, Adani Green Energy operationalized an aggregate of 408.1 MW of renewable energy projects through its step-down subsidiaries at Khavda. Adani Renewable Energy Fifty Six also operationalized a 125 MW solar power project at Khavda in September.
China filed a complaint with the World Trade Organization (WTO) over India’s subsidies for electric vehicles and battery manufacturing. A spokesman of China’s Ministry of Commerce confirmed that the country had formally submitted a consultation request over India’s subsidies for the EV and battery sectors. The spokesman claimed that the subsidies could be violating multiple obligations, including ‘national treatment,’ which are expressly prohibited by the WTO. Under WTO rules, the national treatment obligation is a general prohibition on the use of internal taxes and other internal regulatory measures that are meant to protect domestic production.
Australia invited bids for 5 GW of renewable energy projects in the National Electricity Market as part of the seventh tender under the Capacity Investment Scheme. Bids must be submitted by December 9, 2025. Successful bids will be announced in May 2026. Bids can be submitted to set up renewable power generation projects with an installed capacity of at least 30 MW. The project allocation is 1.7 GW in New South Wales, 1 GW in Victoria, and 300 MW in Tasmania. The remaining 2 GW is yet to be allocated. Solar and solar-hybrid technologies are not eligible for projects in Victoria. All projects must achieve commercial operations before the end of 2030.
Power solutions company Bloom Energy and global alternative asset manager Brookfield Asset Management entered into a $5 billion strategic partnership to implement AI infrastructure. This partnership marks the first phase of a joint AI infrastructure vision aimed at building factories capable of meeting the rising power and computing demands of artificial intelligence. It is Brookfield’s first investment in its AI infrastructure strategy, which focuses on investing in large AI factories, computing infrastructure, power solutions, and strategic capital partnerships. Under the partnership, Brookfield will invest up to $5 billion in deploying Bloom’s fuel cell technology.
A team led by researchers from the University of Sydney claimed it created the largest and most efficient triple-junction perovskite-perovskite-silicon tandem solar cell reported. The research team’s 16 cm2 triple-junction cell achieved a 23.3% steady-state power conversion efficiency, which is the highest reported level for a large area of its kind. This efficiency level was certified independently. The research, titled “Tailoring nanoscale interfaces for perovskite–perovskite–silicon triple-junction solar cells,” was published in Nature Nanotechnology. It was conducted in collaboration with partners from China, Germany, and Slovenia.