⚡ Quick Read What happened: The MNRE has formally requested the Maharashtra government to withdraw a new MSEDCL rule that restricts rooftop solar capacity to 1.25 times the past 12 months’ electricity consumption. Why it matters: This policy shift hampers the ability of households to size solar systems for future demand, potentially stalling the PM…
⚡ Quick Read What happened: Terra Clean, an IOCL subsidiary, has issued a tender for a 100 MW intrastate-connected wind project in Gujarat, requiring a 10-year O&M contract and 23-month completion timeline. Why it matters: This turnkey project offers a significant opportunity for experienced wind EPC contractors to expand their portfolio in the high-potential Gujarat…
⚡ Quick Read What happened: RECPDCL has invited bids to develop an intra-state transmission system for a 2,000 MW pumped-storage project in Karnataka, with a bid deadline of May 15, 2026. Why it matters: This project is critical for grid integration of large-scale storage, offering significant opportunities for high-voltage transmission EPC contractors. Watch: Monitor the…
⚡ Quick Read What happened: Pune-based Sorigin RE Services has secured a 250 MW/500 MWh standalone BESS project in Rajasthan, split into two 125 MW/250 MWh sites at Giral and Suratgarh. Why it matters: This contract marks a significant milestone for Sorigin in the standalone storage segment, highlighting the growing demand for EPC expertise in…
⚡ Quick Read What happened: SWELECT Energy Systems and U.S.-based FortifyGrid have formed a 50:50 joint venture to develop and install solar-battery energy storage systems (BESS) in Singapore and the broader ASEAN market. Why it matters: This move marks a strategic pivot for the Indian manufacturer, leveraging its 1 GW solar capacity and EPC expertise…
⚡ Quick Read What happened: The UAE added approximately 1 GW of solar capacity in 2025, bringing its cumulative total to 6.7 GW. Why it matters: The UAE’s success with the IWPP procurement model and low-tariff project structures serves as a benchmark for Indian developers eyeing international expansion. Watch: Projections indicate a 17% CAGR, with…
⚡ Quick Read What happened: Sunsure Energy has signed a long-term PPA to supply 4.7 MWp of solar power to Jakson Engineering’s Noida corporate office and Greater Noida manufacturing facility. Why it matters: This deal highlights the growing trend of industrial players adopting captive solar models to offset high grid electricity costs and meet sustainability…
⚡ Quick Read What happened: A new IESA and CES whitepaper forecasts India’s stationary energy storage capacity will reach 346 GWh by 2033, supported by a current pipeline of 92 GWh of BESS projects. Why it matters: The rapid scale-up, driven by 69 new tenders totaling 102 GWh, signals a massive shift toward grid-scale storage…
⚡ Quick Read What happened: Vikram Solar has appointed industry veteran Sameer Nagpal as CEO, succeeding interim leader Krishna Kumar Maskara, who transitions to COO and CRO. Why it matters: The leadership change signals a major push toward vertical integration, with targets of 15.5 GW module and 12 GW cell capacity, alongside aggressive BESS expansion….
⚡ Quick Read What happened: The CERC has approved tariffs of ₹3.41/kWh and ₹3.42/kWh for NHPC’s 1.2 GW ISTS-connected wind-solar hybrid projects, while capping Avaada Energy’s greenshoe capacity at 210 MW. Why it matters: This ruling provides regulatory certainty for major developers like Adani, Sprng Vayu, and Avaada while setting a precedent for how intermediary…