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Reliance operationalises clean energy giga complex; elevates national exchequer contribution to Rs 2,16,472 crore in FY26
Reliance Industries has launched its clean energy operations. The company commissioned solar module manufacturing and began advanced work on a battery storage giga-factory. Reliance also significantly increased its contributions to the national exchequer. Jio Platforms accelerated its research and development, filing numerous new patents. The company is focused on enabling India's energy and digital future.
CleanMax raises nearly $575 million to expand solar and wind energy projects in India
The funding will help CleanMax build around 1 GW of renewable energy projects across Rajasthan and Karnataka to supply power to large companies.
CLEANMAX raises USD 575 million to support renewable projects
Clean Max Enviro Energy Solutions has successfully raised ~$575 million to expand its solar and wind projects in India.
Saatvik Green Energy bags Rs 171-cr solar modules supply order
Saatvik Green Energy has secured a significant order worth Rs 171.45 crore. The company will supply advanced solar modules for a major utility-scale solar project. These modules utilize the latest TOPCon Bifacial Glass-Glass technology. This technology generates power from both sides of the panel. It promises increased energy output.
Saatvik Green Energy secures ₹171 crore solar photovoltaic module supply order
Shares of Saatvik Green Energy Ltd ended at ₹454.05, up by ₹8.40, or 1.88%, on the BSE.
ACME Solar signs power purchase pact with SECI
ACME Solar has secured a power purchase agreement with Solar Energy Corporation of India. This deal is for a 300 MW/1,200 MWh project spanning 25 years. The project will supply assured peak power during non-solar hours. This will boost ACME Solar's contracted portfolio to 6,570 MW.
Adani Green commissions 1,990MWh BESS projects and 50MW solar project in Khavda, Gujarat
Adani Green Energy through its various stepdown subsidiaries, has commercially operationalized:
Premier Energies shares in focus as promoters sell stake worth Rs 2,289 crore. Check top buyers
Promoter family members of Premier Energies sold shares worth around Rs 2,289 crore through a block deal, while institutional investors, including Quant Mutual Fund and Nomura, picked up stakes. The development comes amid strong investor interest in renewable energy and domestic solar manufacturing, supported by robust earnings growth and aggressive capacity expansion plans.
Solar surge hits coal wall, 300 GWh of clean power wasted in Q1 of 2026
Coal-fired power plants in India are reportedly blocking the evacuation of solar power into the grid, leading to significant renewable energy curtailment.
Discoms told to commission rooftop solar units by May 31
Electricity distribution companies must finish rooftop solar project inspections by May 31. This ensures projects already installed remain exempt from a new domestic solar cell rule starting June 1. Delays in certification could make projects non-compliant. The Ministry of New and Renewable Energy issued this advisory to avoid issues for project owners. This move supports domestic solar module manufacturing.
Government rules out blanket ALMM List-II extension beyond June 1; case-by-case relief for solar projects
The Ministry of New and Renewable Energy will not extend the ALMM List-II deadline past June 1, 2026. Projects commissioned after this date must comply. Relief is available for projects with existing investments and completed installations. Developers can submit claims for extensions by June 30, 2026.
Delayed solar projects may get limited relief ahead of June 1 sourcing deadline
The government is currently considering measures to ease the burden on solar initiatives delayed by unforeseen circumstances. While a total lift on the local sourcing regulations for solar cells is not anticipated, talks are active regarding potential extensions for projects grappling with transmission network setbacks. Should an exemption be approved, it is expected to be short-term.