Dear Patrons & Readers,
Premier Battery Technologies, wholly-owned subsidiary of Premier Energies, executed Share Allotment cum Shareholders Agreement on Oct 15, 2026 with RCT Nexor Energy (RCT India, part of RCT Group Germany) and Premier Energies Storage Solutions Pvt Ltd for BESS JV. Following Sept 10, 2026 binding term sheet, JV PESSPL will set up 12 GWh BESS manufacturing facility, Phase-1 6 GWh in FY27-28 at Seetharampur, Telangana, for residential, C&I and utility-scale applications. PESSPL Board: 2 nominees PBTPL, 1 RCT India. Milestone-linked 15% equity to RCT India in 4 tranches, plus optional 5% after Phase-I. Currently wholly-owned by PBTPL. Not a related party transaction.
Highlights from the week of
9 October 2026 to 16 October 2026
Gopin Semicon Private Limited, linked to Gujarat-based Gopin Group of Lavjibhai Daliya, entered ALMM-II as new solar cell manufacturer. Surat-based firm enlisted N-typ
Prozeal Green Energy, Gujarat-based IPP and EPC player, signed framework agreement to divest 100 MW solar project in Gujarat to European IPP for Rs 460 crore, (Rs 4,60
Pace Digitek Ltd secured LoI worth Rs 179.4 crore from BSES Rajdhani Power Limited for 57.5 MW / 115 MWh standalone Battery Energy Storage System across four Delhi gri
India and Singapore are exploring a 2,000 MW cross-border power interconnection to enhance energy security and clean energy trade, said Minister of State Shripad Yesso
Aditya Birla Renewables seeks $1.5 billion rupee-denominated loans to fund $1.8 billion acquisition of Shell's Indian renewable business Solenergi Power, including Spr
Karnataka won award for highest under-construction wind power capacity of 9 GW at Windergy India 2026 at Chennai Trade Centre October 9. KREDL MD Divya Prabhu GRJ rece
Oswal Pumps' subsidiary Oswal Solar Energy (OSEPL) will set up a 1.2 GW TOPCon solar cell plant in Karnal, Haryana for Rs 456 crore, targeting commercial production by
Kutch Copper Ltd, an Adani Enterprises unit, plans to integrate 115 MW renewable energy into its Mundra, Gujarat copper refinery to cut emissions and improve efficienc
NHPC and Tripura government to invest ₹100 crore to restore Dumboor hydroelectric project in Gomati district, state's only hydro plant damaged in 2024 floods. Techni
Suzlon will invest ₹550 crore from internal accruals to set up three AI-powered wind turbine blade factories by 2027 in Gujarat, Karnataka and Tamil Nadu, with ₹20
Premier Energies received over ₹4,000 crore orders in July-September FY27 for 2,308 MW solar cell and module supplies and EPC execution from power producers, module
TotalEnergies and KKR signed $1.2B enterprise value deal to add 700 MW utility-scale solar assets in Texas and Ohio to their 50/50 US renewable joint venture, expandin
Andhra Pradesh Power Coordination Committee invites bids for 1250 MW / 5000 MWh, 4-hour standalone Battery Energy Storage Systems across three locations under tariff-b
Prime Minister Narendra Modi laid foundation stone for 250 MW/500 MWh BESS project in Chennai on Oct 11, 2026, awarded to NLC India Renewables Ltd after TNGECL June 20
Saudi Arabia Refineries Company (SARCO) said its non-binding MoU with UAE-based Go Energy to develop green hydrogen/ammonia project in Saudi Arabia has expired without
UK electrolyser maker ITM Power Plc has signed heads of terms with an unnamed European oil refinery for a 150 MW green hydrogen project, its largest commercial contrac
Honeywell Technologies VP Asheesh Arora says AI-enabled automation can help India's remote green hydrogen hubs tackle skilled manpower shortage. AI systems like Proton
Shakti Pumps (India) Ltd invested additional ₹5 crore equity in wholly owned subsidiary Shakti EV Mobility Pvt Ltd, raising cumulative investment to ₹80 crore from
Kerala State Electricity Board and IIT Bombay signed MoU in July 2025 to pilot Vehicle-to-Grid (V2G) technology with 100+ EVs. IIT Bombay's Grid Integration Lab tested
General Motors(GM) and LG Energy Solution joint venture Ultium Cells LLC will invest to produce lithium manganese-rich (LMR) prismatic EV battery cells at GM's Spring
Sunsure Energy signed a long-term PPA with Evonith Steel to supply 30 MWp solar power to its integrated operations in Wardha, Maharashtra. Supply begins October 2026 f
West Bengal's WBSEDCL has floated an EPC tender for a 50 MW AC solar plant + 10 MW/40 MWh BESS at Jungle Sundari Karmanagari-II, Purulia.Scope includes design, supply,
Juniper Green Energy has fully commissioned its 150 MW wind-solar hybrid project in Gujarat under a PPA with Gujarat Urja Vikas Nigam Limited (GUVNL). The final 5 MW w
Telangana has invited bids for 5,800 MW renewable power to meet rising demand, which has hit 19,900 MW peak and is expected to grow due to industrialisation, data cent
Kalpataru Projects International Ltd (KPIL) has bagged new power transmission and distribution orders worth about ₹2,225 crore in India and overseas. It secured arou
POWERGRID invited bids on 12/10/2026 for Package TS-BESS-01 to set up 187.5 MW / 750 MWh (4-hr) BESS at Maheswaram 400/220kV substation of TGTRANSCO, Telangana, under
GreenCell Mobility, India's largest electric bus platform, has secured Rs 330 crore equity funding from Impact Fund Denmark (IFDK), formerly IFU, to deploy ∼4,500 el
China faced severe EV charging shortage during October 1-7 National Day holiday as highway EV trips surged to 17.8 million on day one, 1.8x normal, per Transport Minis
Vimag Labs has commenced manufacturing at its first 10,000 sq ft facility in Met City, Jhajjar, Haryana, and completed its first export batch. The Bengaluru-based moto
India's top power producer NTPC is in talks with buyers in Japan, South Korea and Germany for green ammonia and low-carbon fuels, Chairman Gurdeep Singh said Tuesday a
ITM Power’s Build-Own-Operate subsidiary Hydropulse has signed Heads of Terms with a European oil refinery for a 150 MW green hydrogen project. Project comprises thr
Vikran Engineering's wholly-owned subsidiary NOPL Solar Projects Pvt Ltd secured a ₹2,941.19 crore term loan from IREDA on Oct 9, disclosed Oct 12, to part-finance a
MPERC has adopted tariffs of ₹3.98/kWh to ₹4.17/kWh (∼$0.041-$0.043) for 800 MW wind power projects, following competitive bidding. The regulatory approval provi
Zelestra closed $350 million green financing for its 203 MW Reclamation solar project in Gibson County, Indiana. The deal pushes its US project financing in 2026 past
VSL PowerHive, a Vikram Solar subsidiary, will set up a 7.5 GWh BESS assembly plant in Oragadam, c, spanning 1.65 lakh sq. ft. Inauguration is planned for January 2027
ChemVolt Global has started site work for a 5 GWh lithium-ion battery and BESS manufacturing plant at Ratlam Mega Industrial Park, Madhya Pradesh. The 23.9-hectare fac
NTPC REL, subsidiary of NTPC Green Energy, invited bids on 14 October 2026 for 2100 MWp crystalline bifacial PV modules for Fatehgarh and Bikaner, Rajasthan via domest
ReNew secured $100 million 10-year debt from Dutch development bank FMO, its largest single-ticket investment in India's energy sector and largest 2X-aligned financing
Tata Power has built a 2.8 GW data centre pipeline across 18 domestic and global operators to meet rising demand from AI, cloud and digital infrastructure. Pipeline in
India needs ₹15 lakh crore investment to add 91 GW nuclear capacity by 2047, taking total to 100 GW from 8.8 GW now, CEA Chairman Ghanshyam Prasad said Wednesday. Ca
N.A.N. Silox GreenMet, a JV between N.A.N. GreenMet and Belgium's Silox Group, has received Consent to Establish and started groundbreaking for its INR 1,400 crore lit
French manufacturer Exide Technologies has launched Solition Powerflex, a modular 125 kW/261 kWh lithium iron phosphate battery for C&I, renewable integration, e-mobil
TGREDCO has invited bids for 3,000 MW ISTS-connected solar PV projects paired with 1,000 MW / 6,000 MWh Energy Storage Systems across India on Build-Own-Operate basis.
TGREDCO, on behalf of TGDISCOMs, has invited bids for 800 MW grid-connected wind power projects across India via RfS dated Oct 13, 2026 (Code: TGREDCO-2026-TN000005) o
Hyundai Motor Group will invest $15.5 billion in India from 2026-2032 across manufacturing, R&D, suppliers and new mobility, announced Oct 13 after Chairman Euisun Chu
Renewable producer R.Power is developing its second utility-scale battery storage project in Romania, Studina BESS, a 100 MW / 200 MWh standalone system in Olt County.
Utex New Energy, a Pagariya Group company, will set up a 20 GWh annual capacity Battery Energy Storage System (BESS) assembly plant in Nagpur, Maharashtra, with ENcore
Siemens will digitalise Portuguese energy company Galp Energia's 100 MW green hydrogen plant, GalpH2Park, in Sines, Portugal, set to start operations by end-2026 as on
Arevon Energy has signed three 20-year Indexed Renewable Energy Credit (REC) contracts with Ameren Illinois, ComEd and MidAmerican Energy for its 200MWac/275MWdc Panth
Rajasthan Solar Park Development Company Limited, subsidiary SPV of RRECL, auction for 2450 MW Solar with 1600 MW/6400 MWh ESS at Pugal Solar Park, Bikaner, concluded.
Enviro Infra Engineers' step-down subsidiary Suyog Urja Limited received LOI worth Rs 228 crore ex-GST from ARIE Energy LLP for turnkey EPC of 100 MW Ajani Wind Power
Telangana has issued a 2,000 MW Firm and Dispatchable Renewable Energy Round-the-Clock (FDRE-RTC) tender for RE projects in India, with bids till November 4, 2026. Ten
CERC adopted tariffs of Rs 3.67-3.69/kWh for 1.2 GW ISTS-connected wind projects under SECI Tranche-XIX, on SECI's petition under Section 63. SECI issued RfS on Oct 15
CERC adopted tariffs for 600 MW ISTS-connected wind projects tendered by SJVN, in Petition No. 234/AT/2026 under Section 63. SJVN issued RfS on Sept 16, 2025, receivin
NLC India Renewables Limited (NIRL), wholly owned subsidiary of NLC India Limited, secured a 50 MW/200 MWh Battery Energy Storage System (BESS) tender in West Bengal w
Evolution Power unveiled Longmarsh Green Energy, a 1.3 GW solar plus battery storage project co-located with a 1 GW data centre campus near King's Lynn, West Norfolk.
MNRE under National Green Hydrogen Mission has issued an EoI on Oct 13 to select a nationally recognized expert institution as nodal technical agency to support the Na
German group Bosch has secured an order for 36 Hybrion PEM electrolysis stacks totaling 45MW from German electrolyser manufacturer FEST GmbH for multiple European hydr
Energy In Motion Ltd has inaugurated a ₹500 crore electric heavy-duty commercial vehicle complex at Talegaon, Pune, part of a planned ₹1,000 crore investment in Ma
Renault Group and French energy giant EDF are partnering to expand smart and bidirectional EV charging in France, with rollout expected by summer 2027. The offer, in
Rivian and Redwood Materials have expanded their EV battery recycling partnership to include end-of-life Rivian battery packs. Under the extended deal, Redwood will co
The Commission has framed the draft OERC (Procurement of Energy from Renewable Sources and its Compliance) Regulations.