Dear Patrons & Readers,
Waaree Energies has expanded its Samakhiali, Gujarat facility by 1.5 GW, raising the site’s capacity to 3 GW and boosting its global solar module manufacturing capacity to 22.3 GW—19.7 GW in India and 2.6 GW in the U.S. Its solar cell capacity remains 5.4 GW. The advanced Samakhiali hub features high-efficiency lines, automation, and integrated testing. Waaree says the expansion strengthens its ability to serve key markets and complements its broader clean-energy portfolio.
Highlights from the week of
5 December 2025 to 12 December 2025
CERC’s draft amendment introduces a tariff framework for integrated energy storage systems linked to coal, lignite, gas plants and ISTS. It defines integrated ESS, s
Waaree Energies has secured a U.S. order to supply 288 MW of solar modules for a major utility-scale solar and storage developer. Deliveries are planned for FY 2026–
UPERC has approved PPAs and tariffs for 129.2 MW of solar projects under PM-KUSUM Component C-2. Tariffs for two batches ranged from ₹2.48–₹2.99/kWh and ₹2.54â
A memorandum between CIS Liepaja and Vindr Latvia aims to explore long-term renewable power supply for a major green hydrogen facility planned in Liepaja. The project,
Edison will launch over $700 million renewable projects in 2026, adding 500 MW in Italy, mainly wind and solar. Currently, 250 MW are under construction. Projects span
Odisha is exploring wind and tidal energy potential, leveraging its long coastline and rare earth minerals, deputy CM K V Singh Deo said. The state has identified nine
Swedish utility Vattenfall will develop a 254 MW/700 MWh energy storage facility at the decommissioned Brunsbuettel nuclear site in northern Germany. Approved by the B
Vietnam-based EV maker VinFast will invest $500 million to expand its Tamil Nadu facility in India, focusing on electric buses and two-wheelers. Under a new MOU, the g
The International Finance Corporation (IFC) is investing $50 million in GFCL EV Products Limited, a subsidiary of Gujarat Fluorochemicals Limited, to build India’s f
RenewSys has signed a long-term agreement to supply 400 MW of EPE solar encapsulants to ZNShine Solarworld between November 2025 and February 2026. The partnership lin
Reliance Power’s new platform, Reliance Nu Energies, has built a 4 GW solar and 6.5 GWh BESS pipeline, supported by SECI, SJVN and a Bhutan partnership. The portfoli
Inox Clean Energy has withdrawn its initial draft IPO papers after raising about ₹5,000 crore in a pre-IPO round. The company plans to refile updated documents refle
Germany has committed nearly €1.3 billion to India through concessional loans under the Green and Sustainable Development Partnership (GSDP). Funding will focus on c
LG Energy Solution has signed a $1.4 billion battery supply deal with Mercedes-Benz, marking their fourth major contract in two years. Running from March 2028 to June
Mufin Green Finance Limited, an NBFC focused on green and socially inclusive lending, raised ₹90 crore through Secured, Rated, Listed, Redeemable NCDs via private pl
Emmvee Photovoltaic Power has signed a multi-year agreement to supply 4.5 GWp of TOPCon crystalline silicon photovoltaic cells from December 2025 to 2030. This strateg
Maharashtra set a Guinness World Record by installing 45,911 solar water pumps in one month under the Magel Tyala Solar Pump initiative. Shakti Pumps contributed 8,846
India and Russia have launched a strategic collaboration to advance electric vehicle (EV) technology, clean mobility, and sustainable solutions. The partnership covers
Edison will launch over 500 MW of new wind and solar projects in Italy in 2026, backed by €600mn investment. The developments include 300 MW onshore wind and 200 MW
Squadron Energy, supported by Andrew Forrest, raised AUD 1 billion debt for its 1.1 GW Clarke Creek wind project in Queensland. The two-stage farm includes the 450-MW
Vingroup signed an MoU with Telangana for a $3 billion phased investment to build a 2,500-hectare multi-sector ecosystem. Plans include e-mobility initiatives such as
Insolation Energy (INA Solar) is advancing its 4.5 GW TOPCon G12R solar cell plant and 18,000 TPA aluminium frame facility in Madhya Pradesh, with civil and PEB constr
Japan’s Green Investment Promotion Organization awarded 75.3 MW of utility-scale solar capacity in its 26th auction, far below the expected 163 MW. Twenty-seven proj
The Government of India’s National Green Hydrogen Mission, with a ₹19,744 crore outlay, aims to make India a global hub for green hydrogen production, usage, and e
As of December 3, 2025, the PM Surya Ghar: Muft Bijli Yojana (PMSG: MBY) has installed rooftop solar systems in 23,96,497 households, achieving 23.96% of its one crore
Synera Renewable Energy Group signed a 495MW Corporate Power Purchase Agreement with TSEE for the Formosa 4 offshore wind project. The CPPA secures long-term revenue a
Solarworld Energy Solutions Limited signed a 12-year Battery Energy Storage Purchase Agreement (BESPA) with Gujarat Urja Vikas Nigam Limited for a 200MW/400MWh project
Smart Mobility, a joint venture between Saudi Arabia’s Alrajhi & Sons and Foxconn, has started construction of a 9,490-square-metre EV charging equipment facilit
Varanasi will soon operate India’s first hydrogen fuel cell vessel, launching commercial services on December 11, 2025. Flagged off by Union Minister Sarbananda Sono
The Nordex Group has secured contracts to supply and install 28 wind turbines totaling 102MW across seven wind farms in France and Belgium. Deliveries include 77MW in
Acme Solar, through ACME Eco Clean Energy, received GEDA’s commissioning certificate for a 16 MW wind project, the second phase of its 100 MW Gujarat program. The mi
Aditya Birla Renewables Ltd (ABREN) has secured up to ₹3,000 crore from Global Infrastructure Partners, part of BlackRock, valuing the company at ₹14,600 crore. AB
MaxVolt Energy has expanded its battery manufacturing operations with a new 55,000 sq. ft. facility in Uttar Pradesh’s Duhai Industrial Area, aimed at tripling annua
Mumbai-based Onix Solar has received a ₹148.8 crore LoI from Vikran Engineering to supply 193,550 Non-DCR TOPCon 620 Wp solar modules. Priced under ₹13/Wp, the ord
KETO Motors signed an MoU with Telangana to invest Rs 300 crore in an electric bus plant at Jadcherla. The facility will produce 9-metre electric buses and generate ov
Agratas, Tata Group’s global battery business, is rapidly progressing its Sanand, Gujarat facility, with structural steel framework nearly complete. Spanning 320 acr
AMPIN Energy Transition plans a ₹1,000 crore investment in West Bengal, establishing a 1–2 GW solar cell manufacturing facility and expanding solar power plants. A
ACWA Power and Bapco Energies signed a Joint Development Agreement to build a large-scale solar power plant with battery storage in Saudi Arabia’s Eastern Province.
Avaada Group, in partnership with GRIDCO and IIT-Bhubaneswar, will establish a Centre of Excellence (CoE) for green hydrogen in Odisha. The CoE will focus on advanced
The Government of India, under the National Green Hydrogen Mission (NGHM), is promoting green hydrogen production and usage, targeting global leadership and exports. I
Indofast Energy has partnered with Quantum Energy to power the Bziness XS electric scooter with battery-swapping technology. Priced at ₹57,750, the scooter offers af
The Tamil Nadu Electricity Regulatory Commission (TNERC) approved Tamil Nadu Green Energy Corporation’s (TNGECL) purchase of 1,000 MWh from battery energy storage sy
The Commission has framed the draft OERC (Procurement of Energy from Renewable Sources and its Compliance) Regulations.
