Dear Patrons & Readers,
Reliance Industries is set to operationalise 40 GWh annual Battery Energy Storage System (BESS) capacity in the second half of 2026, scalable to 100 GWh as production expands. The company is also commissioning HJT solar cell and module lines, with the first 200 MWp high-efficiency modules already delivered, offering higher energy yield and lower degradation. Reliance plans to scale solar manufacturing to 10 GWp annually, expandable to 20 GWp. Its Jamnagar Green Energy Giga Complex aims to become the world’s largest integrated clean energy manufacturing ecosystem outside China, alongside rapid expansion in compressed biogas production.
Highlights from the week of
22 May 2026 to 29 May 2026
SPML Infra Limited has secured a ₹165.41 crore contract from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RRVPNL) for developing a 400 kV Grid Substation and trans
Transformers and Rectifiers (India) Ltd has secured a ₹228.26 crore order from Gujarat Energy Transmission Corporation Limited (GETCO) for the supply of six transfor
Fujiyama Power Systems has commissioned a 1.2 GW TopCon solar cell manufacturing facility at Ratlam, Madhya Pradesh, with an investment of ₹350 crore funded through
Suzlon Energy has secured a repeat 195 MW wind power order from Sunsure Energy in Karnataka, reinforcing its leadership in the commercial and industrial (C&I) renewabl
JSW Motors has secured an ₹8,000 crore financing facility from the State Bank of India to support its new energy vehicle (NEV) business and upcoming greenfield manuf
Haryana Chief Minister Nayab Singh Saini invited VinFast to establish manufacturing operations in Haryana, reinforcing the state’s ambition to become a leading EV an
AIKO has signed a module supply agreement with Infinity Power for the 259 MW Nefer Benban Solar project in Egypt’s Benban Solar Park. The project will combine 259 MW
Vikran Engineering has acquired the remaining 51% stake in NOPL Solar Projects Pvt Ltd, making it a wholly owned subsidiary. NOPL is developing a 969 MW (AC) grid-conn
Sungrow and Masdar have signed a 7.5 GWh battery energy storage system (BESS) and 2.6 GW inverter supply agreement for Abu Dhabi’s first gigascale round-the-clock re
Power2X has reached final investment decision (FID) for the 20 MW Djewels green hydrogen project in Delfzijl, Netherlands. The facility, being developed by Rely, is ex
NLC India Renewables Limited (NIRL), a subsidiary of NLC India Limited, has invited bids for arranging 1,500 acres of government or private land on a lease basis in Gu
The Appellate Tribunal for Electricity (APTEL) has dismissed an interim relief plea filed by Bangalore Electricity Supply Company Limited and another appellant in a ta
The Appellate Tribunal for Electricity (APTEL) has rejected an interim stay application filed by BESCOM against a Karnataka Electricity Regulatory Commission (KERC) or
BluPine Energy has signed a long-term Power Purchase Agreement (PPA) with KEI Industries to supply renewable energy from its Rajasthan-based hybrid Solar + Battery Ene
JinkoSolar strengthened its Central Asian presence at the Power Uzbekistan 2026 exhibition by signing 1 GW framework distribution agreements with four regional distrib
The European Bank for Reconstruction and Development (EBRD) is considering financing for two wind power projects in Egypt with a combined capacity of 500 MW, reinforci
RWE has secured a Capacity Investment Scheme (CIS) Tender 7 contract for its 1.1 GW Theodore onshore wind farm in Central Queensland, Australia. The project will inclu
Kehua has successfully commissioned India’s first large-scale grid-connected standalone energy storage project with a capacity of 180MW/360MWh, marking a major miles
Jupiter Electric Mobility (a subsidiary of Jupiter Wagons Ltd) has signed MoUs with Chalukya Power and Pickrenew Energy for developing 110 MWh battery energy storage s
Dalkia UK has secured an engineering contract for the Barrow Green Hydrogen project in Cumbria, one of the UK’s first renewable hydrogen facilities to reach Final In
JSW Steel has signed a Memorandum of Understanding (MoU) with Bharatia and Carbon Iceland International to develop a 300 KTPA green methanol project in Raigad, Maharas
India and Germany held discussions to strengthen cooperation in smart manufacturing, electric mobility, and industrial decarbonisation during a meeting between the Min
BMW Malaysia and the University of Malaya have partnered to repurpose used electric vehicle (EV) batteries into practical energy storage solutions, demonstrating real-
ACME Solar Holdings, through its subsidiary ACME Renewtech Sixth, has signed a 25-year Power Purchase Agreement (PPA) with Solar Energy Corporation of India for 300 MW
The Ministry of New and Renewable Energy (MNRE) has confirmed that no blanket extension of the ALMM List-II compliance deadline beyond 1 June 2026 will be granted. Fro
Alpex Solar plans to commission its 2.2 GW TOPCon solar cell manufacturing facility at Kosi Mathura within 90 days, with the entire capacity becoming operational simul
Adani Green Energy Ltd (AGEL) has commissioned a 3.37 GWh Battery Energy Storage System (BESS) at Khavda, Gujarat, making it the world’s largest single-location batt
Indian Metals & Ferro Alloys (IMFA) has acquired a 26% stake in EG Urja Strot for ₹110.18 crore and signed a 29-year captive power purchase agreement (PPA) to procur
Promoters of Premier Energies sold a 5.29% stake through block deals worth ₹2,290.59 crore, attracting major global and domestic institutional investors, including N
India’s ₹37,500 crore Coal Gasification Scheme aims to transform coal into syngas for producing chemicals, fertilizers, methanol, ammonia and cleaner fuels, reduci
The Telangana government is exploring collaboration with BYD India to expand the state’s electric vehicle ecosystem, focusing on EV adoption, public transport electr
Ferrari has entered the electric vehicle era with the launch of the Ferrari Luce, its first all-electric grand tourer. Powered by four electric motors, the car deliver
CATL has signed an agreement to supply 1.5 GWh of battery energy storage systems (BESS) to Spanish renewable energy developer Grenergy for its flagship Oviedo and Escu
NavPrakriti, a lithium-ion battery recycling and refurbishment firm, has signed an MoU with IIT Kharagpur to advance research, innovation, and skill development in bat
Saatvik Green Energy has secured a ₹171.45-crore order to supply advanced TOPCon Bifacial Glass-Glass solar PV modules for a utility-scale solar project in India. Th
KPI Green Energy plans to launch an Infrastructure Investment Trust (InvIT) backed by renewable energy assets to raise between ₹8,000 crore and ₹10,000 crore (up t
Insolation Energy Limited reported strong financial growth in FY26, with profit after tax rising 59.34% to ₹200.47 crore and turnover increasing 61.02% to ₹2,163.5
CleanMax Enviro Energy Solutions Limited has secured around $575 million in diversified financing to develop nearly 1 GW of renewable energy projects across Rajasthan
China’s Jiangsu Guofu Hydrogen Energy Equipment (Guofuhee) plans to invest $30 million to establish a 1 GW electrolyser manufacturing facility in Morocco, marking a
Oman and the Netherlands have launched a joint study under the NoorBridge initiative to evaluate the feasibility of a green hydrogen export corridor to Europe via the
JSW Group and Uber have partnered to co-develop and deploy electric vehicles tailored for India’s ride-hailing market, aiming to accelerate EV adoption and support n
Ola Electric has received regulatory approval from the Automotive Research Association of India (ARAI) for a new commercial electric scooter, marking a key step toward
CleanMax commissioned a 351.4 MWp solar park project at Bikaner, Rajasthan, on May 26, 2026, strengthening its renewable energy presence in the state. During FY2025-26
SolarEdge Technologies has inaugurated its India Development Center in Bengaluru to strengthen global R&D and smart energy innovation capabilities. The new facility wi
Avaada Group is seeking to raise $800 million through offshore loans and domestic bonds to refinance Brookfield Asset Management debt and reduce financing costs ahead
Sunkind India is entering solar module manufacturing with a 1 GW production line near Jaipur, Rajasthan, expected to begin commercial operations next month. To support
Amara Raja Energy & Mobility has outlined a FY27 capital expenditure plan of ₹1,500–1,700 crore, allocating nearly ₹1,200 crore toward its new energy busines
NTPC Green Energy Limited (NGEL) has commissioned the final 105 MW phase of its 1,200 MW Khavda-II Solar PV Project in Gujarat through its subsidiary, NTPC Renewable E
Tata AutoComp Systems Limited has partnered with South Korea-based Jahwa Electronics to establish a joint venture for manufacturing EV thermal management components in
Ohmium International and InSolare Energy have partnered to develop a 4 MW green hydrogen project in Neyveli, Tamil Nadu, for NLC India Limited. The facility is expecte
Tata Power Renewable Energy Limited operates the 100 MW Rojmal Wind Project in Gujarat, strengthening the state’s clean energy ecosystem. The project generates aroun
The Commission has framed the draft OERC (Procurement of Energy from Renewable Sources and its Compliance) Regulations.
