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Japan's Chubu Electric set to buy $150 million stake in Continuum Green
positive
ET Markets - Industry 31d ago

Japan's Chubu Electric set to buy $150 million stake in Continuum Green

Japanese power giant Chubu Electric is set to invest around $150 million in Indian renewable energy firm Continuum Green Energy. This deal will give Chubu a significant stake in Continuum, a company focused on wind, solar, and hybrid power for businesses. The acquisition highlights Chubu's growing interest in India's clean energy sector.

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Juniper Green Energy commissions 305 MWp of renewable capacity in Gujarat
positive
ET Markets - Industry 31d ago

Juniper Green Energy commissions 305 MWp of renewable capacity in Gujarat

Juniper Green Energy has expanded its presence in Gujarat by commissioning 305 MWp of renewable energy capacity for Gujarat Urja Vikas Nigam Ltd. The projects, located across Surendranagar, Aravalli, and Devbhumi Dwarka districts, include solar and wind power. This achievement highlights Juniper Green Energy's project execution skills and dedication to providing sustainable energy solutions for the state.

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NEWS
positive
Business Standard - Markets 31d ago

NTPC Renewable Energy to develop 250 MW solar project with BESS in Uttar Pradesh

NTPC Renewable Energy (NTPC REL), a wholly owned subsidiary of NTPC Green Energy, shall be developing a 250 MW Solar Power Project integrated with Battery Energy Storage System (BESS) on vacant defence land at Sitapur, Uttar Pradesh.

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Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity
positive
ET Markets - Industry 31d ago

Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacity

Meta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data center in Gujarat. This facility will support Meta's global AI needs. Additionally, Meta is expanding its renewable energy partnership with CleanMax. This collaboration will add over 900 MW of solar and wind power capacity.

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CleanMax shares soar 15% to record high on Meta partnership
positive
ET Markets - Stocks 31d ago

CleanMax shares soar 15% to record high on Meta partnership

CleanMax Enviro Energy Solutions shares surged 15% to a 52-week high after announcing a 900 MW renewable energy partnership with Meta Platforms. The projects include solar and wind assets, with Meta purchasing 100% of environmental attributes. The deal strengthens Meta’s clean energy goals and reinforces CleanMax’s position in India’s C&I renewable energy market, backed by strong long-term customer contracts.

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NEWS
positive
Business Standard - Markets 31d ago

CleanMax and Meta announce 900 MW renewable energy deal

Meta Platforms, Inc. (NASDAQ: META) and Clean Max Enviro Energy Solutions (CleanMax) have announced a ~900 MW renewable energy partnership in India. Together, the companies will support the development of 837 MW of new solar and wind capacity across Rajasthan and Karnataka. Combined with previously announced projects, the partnership now represents more than 900 MW of renewable energy capacity.

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850 acres of vacant defence land in Uttar Pradesh to host 250 MW solar power plant
positive
ET Markets - Industry 32d ago

850 acres of vacant defence land in Uttar Pradesh to host 250 MW solar power plant

A significant solar power project is set to be established in Sitapur, Uttar Pradesh. Defence Minister Rajnath Singh has approved a 250 MW solar power plant on defence land. This initiative marks a major step in renewable energy adoption. The project will also feature a Battery Energy Storage System.

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Rajnath Singh clears 250 MW solar-BESS project on defence land; NTPC to execute
positive
CNBC TV18 - Markets 32d ago

Rajnath Singh clears 250 MW solar-BESS project on defence land; NTPC to execute

Defence Minister Rajnath Singh has approved a 250 MW solar power project with battery storage on vacant defence land in Uttar Pradesh, marking the Ministry of Defence's first large-scale renewable energy initiative of its kind.

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Solar module cos flag cell shortage; makers say demand can be met this year
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ET Markets - Industry 33d ago

Solar module cos flag cell shortage; makers say demand can be met this year

Solar module makers face challenges with local cell sourcing rules. They report a significant gap between module manufacturing capacity and domestic cell availability. While module capacity stands at 225 GW, domestic cell capacity is only around 30 GW. Cell manufacturers counter that current demand is met and future capacity will suffice.

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Waaree Renewable bags LoA for 300 MW ground-mounted solar EPC order
positive
CNBC TV18 - Markets 33d ago

Waaree Renewable bags LoA for 300 MW ground-mounted solar EPC order

Waaree Renewable Technologies has received a Letter of Award for a 300 MW/450 MWp ground-mounted solar EPC project, further strengthening its order book amid growing momentum in India's renewable energy sector.

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NEWS
positive
Business Standard - Markets 33d ago

Waaree Renewable Tech secures EPC contract for 300 MW solar project

Waaree Renewable Technologies announced that it has received a Letter of Award (LoA) from Sunsational Power Private Limited (SPPL) for the execution of an Engineering, Procurement and Construction (EPC) contract.

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NEWS
positive
Business Standard - Markets 33d ago

Samvardhana Motherson commissions its maiden captive solar project in Uttar Pradesh

Samvardhana Motherson International, through its energy business company, Motherson New Energy (MNEL), has commissioned its first ground-mounted captive solar power project in Uttar Pradesh via its subsidiary Onega Solar. Located in Mahoba, the 15 MWp solar facility will supply clean, renewable energy to multiple Motherson manufacturing plants across the state, marking a significant milestone in the Groups clean energy transition strategy.

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