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Solex Energy gains on securing Rs 628-cr order for supply of solar PV modules
Solex Energy jumped 5.39% to Rs 1,051.80 after it has received a work order from a leading independent power producer for the manufacture and supply of solar photovoltaic (PV) modules worth Rs 628.37 crore.
Maruti Suzuki installs 1 MWh battery storage system at Kharkhoda facility
Maruti Suzuki commissioned a one MWh Battery Energy Storage System at its Kharkhoda facility. This system stores surplus solar power generated during low-demand periods. The new BESS will help stabilize the local electricity grid effectively. This initiative aligns with India's focus on building self-reliant energy ecosystems. The company remains committed to lowering emissions despite increasing production volumes.
Sinopec unit signs engineering deal for Central Asia's first large-scale integrated biojet fuel complex
Sinopec Engineering will design Central Asia's first large-scale sustainable aviation fuel complex. This project in Uzbekistan will produce biomass-based SAF and e-SAF. The complex will utilize sorghum, rice husks, and straw as its primary feedstock. Solar power will serve as the main electricity source for the plant. This initiative supports Sinopec's low-carbon energy goals and Uzbekistan's aviation hub ambitions.
Maruti Suzuki commissions 1 MWh BESS at Kharkhoda plant
Maruti Suzuki commissioned a 1 MWh Battery Energy Storage System at its Kharkhoda manufacturing facility. This system stores surplus solar power generated during low-demand periods and holidays. The company installed a 20 MWp solar power project at the same facility in 2025. This initiative aligns with India's focus on building self-reliant energy ecosystems. The system will help reduce nearly 54 tonnes of CO₂ emissions annually.
Maruti Suzuki commissions 1 MWh battery energy storage system at Kharkhoda plant
Maruti Suzuki commissioned a 1 MWh Battery Energy Storage System at its Kharkhoda plant. This system integrates into the plant's internal electricity distribution network as a pilot project. The battery storage will store excess solar power generated during low-demand periods. This initiative helps improve renewable energy utilization and reduce carbon emissions annually. The company remains committed to lowering emissions despite increasing production volumes.
Tata Power targets Rs 1 lakh cr revenue by 2030, reveals key update on nuclear plans
Tata Power aims for Rs 1 lakh crore revenue and Rs 10,000 crore profit by 2030. The company will expand its solar manufacturing capacity by adding a new 10 GW project. Tata Power is also open to entering the nuclear power segment with small modular reactors. It plans to expand distribution footprints in states proposing privatization. The energy network currently serves over 13.1 million distribution customers.
Serentica Renewables inks pact with SECI to supply power from 600 MW FDRE project
Serentica Renewables proudly announces its new power purchase agreement with SECI, dedicated to a groundbreaking 600 MW Firm and Dispatchable Renewable Energy project. Notably, it achieved the largest allocation in the competitive SECI auction. This innovative project ensures electricity provision during non-solar hours, effectively addressing peak demand while significantly cutting down annual carbon emissions, contributing positively to the environment.
Founder Of Brookfield-Backed Avaada Seeks $750 Million Loan
Avaada Group, which includes Avaada Energy, is one of India's fastest-growing renewable energy developers with a portfolio spanning solar, wind and hybrid power projects.
EL Nino to hit India's energy system harder than anywhere else in world: CREA report
India's energy system faces a significant El Nino impact, with reduced renewable power generation and increased demand for air conditioning. A CREA analysis predicts a potential 18 TWh generation gap, likely leading to a surge in coal-fired power and substantial CO2 emissions. The report stresses the urgency of accelerating solar and battery deployment to bolster grid resilience against extreme weather.
Sunsure Energy secures Rs 262 cr project financing from FMO, Axis Bank
Sunsure Energy has secured a significant Rs 262 crore financing for its 75 MWp open-access solar project in Tamil Nadu. Dutch development bank FMO is leading the funding, with Axis Bank contributing approximately Rs 71 crore. This marks FMO's debut in India's Group Captive C&I renewable energy sector, aiming to power commercial and industrial clients with clean energy.
El Nino threatens to fuel coal power surge in India, study says
A potential super El Niño could put more pressure on India's power grid than any other country's and slow its transition away from coal, according to a new report by the Centre for Research on Energy and Clean Air (CREA).
India, Australia set to seal uranium supply pact during PM Modi’s visit
Prime Minister Modi's Australia visit is set to feature a significant uranium supply pact, bolstering India's nuclear power ambitions. Discussions will also cover critical minerals, cybersecurity, and clean energy. This follows a decade-old framework and aims to deepen economic ties, building on the landmark ECTA trade agreement which has already boosted bilateral trade to $54.4 billion.