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Last edition
March-April-2025 2025

GE Vernova to Invest INR 1,400 Million in India to Expand Grid Technology Manufacturing

GE Vernova announced plans to invest approximately INR 1,400 million (USD 16 million) in India to expand its electrification manufacturing and engineering footprint—specifically, advanced grid technologies that enable stable, reliable, and secure delivery of electricity.

Investment & Trading | 15/05/2025 | By News Bureau

MNRE Secretary Santosh Kumar Sarangi Assigned Additional Charge of CMD, SECI

Santosh Kumar Sarangi, Secretary of the Ministry of New and Renewable Energy (MNRE), has been given additional charge as Chairman and Managing Director of Solar Energy Corporation of India (SECI) following the early termination of Rameshwar Prasad Gupta.

Business | 13/05/2025 | By Mrinmoy Dey

Karnataka Signs INR 5,000 Crore MoU with GAIL for 1 GW RE Project

Karnataka partners with GAIL to develop 1 GW renewable energy capacity, aiming to boost green energy, create jobs, and strengthen infrastructure through solar, wind, and storage solutions.

Business | 13/05/2025 | By EI News Network

NHPC Signs MoU with RVUNL to Develop 2 GW Pumped Storage Projects in Rajasthan

NHPC has signed an MoU with Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) to jointly develop pumped storage and other renewable energy projects in Rajasthan, starting with two 1,000 MW PSPs.

Business | 12/05/2025 | By Mrinmoy Dey

Reliance, Jindal, SAEL, Sembcorp, JBM, Hindustan Power Win SJVN’s 1200 MW Solar Plus ESS Auction

SAEL Industries, Jindal India Renewable Energy, Sembcorp Green, JBM Renewables, Fastnote Biofuels (Hindustan Power), and Reliance NU Energies have emerged as winners in SJVN’s auction for 1,200 MW of ISTS-connected solar projects with 600 MW/2,400 MWh energy storage systems (ESS).

Business | 12/05/2025 | By Mrinmoy Dey

GPS Renewables Appoints Deepak Agarwal as Managing Director for ARYA

GPS Renewables has appointed Deepak Agarwal as the Managing Director for ARYA, its project development arm that focuses on developing climate positive projects.

Business | 20/11/2024 | By News Bureau

Longi Develops 27.3 Percent Efficient Heterojunction Back-Contact Solar Cells

Longi has unveiled a 27.3 percent efficient heterojunction back-contact solar cell, utilising laser-enhanced manufacturing that reduces material costs and improves performance, offering a promising solution for scalable, high-efficiency solar technology with lower reliance on rare materials.

Power R&D | 20/11/2024 | By EI News Network

Datta Infra Signs MoU for INR 5000 Cr Investment in Rajasthan's RE Infrastructure

Datta Infra is committed to developing Rajasthan as a major hub for renewable energy, encompassing solar, wind, and hybrid power projects, across Bikaner, Jaisalmer, Barmer, Nagaur, Pratapgarh and Jodhpur districts.

Investment & Trading | 20/11/2024 | By News Bureau

ANERT Invites Bids for 1 MWp Solar PV System at Kerala University of Health Sciences, Thrissur

Agency for New and Renewable Energy Research and Technology (ANERT) has issued a tender to select developers to set up 1 MWp grid-connected solar PV system at Kerala University of Health Sciences, Thrissur, Kerala. Bid submission ends on December 6, 2024.

Renewable energy / Solar PV | 20/11/2024 | By Mrinmoy Dey

ReNew Energy Sees 31 Percent Profit Growth and INR 29,887 Million Revenue in Q2 FY25

ReNew Energy's Q2 FY25 results show a 31 percent increase in profit after tax, reaching INR 4,939 million. The company expands its renewable energy portfolio to 16.3 GW and reaffirms its FY25 capacity and EBITDA guidance of INR 76-82 billion.

Business | 20/11/2024 | By EI News Network

PTC India Financial Services Partners with IISc to Set Up Mobility Laboratory

A significant feature of this laboratory will be the Hardware-in-Loop (HIL) Test facility for research and development of electric and hybrid powertrains.

Other Energy Applications / Sustainable Transport | 20/11/2024 | By Aishwarya

Uzbekistan Signs Battery Energy Storage Deal with ACWA Power at COP29

Uzbekistan has signed an agreement with ACWA Power for up to 2GWh of Battery Energy Storage System (BESS) projects, enhancing renewable energy development. The deal, signed at COP29, follows previous agreements for solar PV and storage, with a focus on sustainable energy.

Middle East Market | 20/11/2024 | By EI News Network

UPNEDA Invites Bids for 320 MW Ground Mounted Solar PV Projects at Jalaun, Uttar Pradesh

Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA) has issued a tender to select solar project developer(s) for setting up to 320 MW grid-connected ground-mounted solar PV power projects on build-own-operate basis at Jalaun, Uttar Pradesh. Bid submission ends on November 25, 2024.

Renewable energy / Solar PV | 20/11/2024 | By Mrinmoy Dey

CERC Rejects SECI’s Request for Additional Trading Margin on BESS Ancillary Services

CERC ruled against SECI's request for an additional trading margin for BESS charging and discharging in Ancillary Services, citing potential financial burden and double payment. The Commission emphasised cost optimisation and upheld its original order, dismissing SECI’s review petition.

Policies & Regulations | 20/11/2024 | By EI News Network

Sterlite Power Launches Goa’s First 400 kV GIS Substation

Sterlite Power has successfully completed the Goa-Tamnar Transmission Project, implemented through its Special Purpose Vehicle, Goa-Tamnar Transmission Project Limited (GTTPL).

Smart Grid / T&D | 20/11/2024 | By News Bureau