In Short : Power Finance Corporation (PFC) has signed an MoU with the Ministry of Power for FY 2025–26 under the CPSE performance evaluation framework. The agreement sets annual financial and operational targets, reinforcing accountability and efficiency. PFC, India’s largest renewable energy financier, continues to support clean energy projects and infrastructure development, aligning with national […]
In Short : ProstarM has won Karnataka Power Transmission Corporation Limited’s (KPTCL) auction for a 150 MW / 300 MWh standalone Battery Energy Storage System (BESS). The project marks a major milestone in advancing grid stability and renewable integration in Karnataka. This win positions ProstarM as a key player in India’s growing energy storage sector, […]
In Short : Ratch Group has obtained a THB 5 billion (USD ~$140 million) green and sustainability loan from Bank of Ayudhya to boost renewable energy in its portfolio from 27.5% to 30% by 2030 and 40% by 2035. The funding will accelerate clean energy projects across Thailand, Laos, Vietnam, Indonesia, the Philippines, Australia, and […]
In Short : True Power Limited is setting up a ₹100 crore, 1 GW solar module manufacturing plant in Barabanki, Uttar Pradesh—its first in the state. The fully automated facility will produce high-efficiency TOPCon modules and is expected to be operational within six months. The project will boost local employment, support domestic solar manufacturing, and align […]
In Short : SAEL Industries will invest ₹5,000 crore to establish a 5 GW solar cell manufacturing facility in Greater Noida, Uttar Pradesh. The plant supports India’s push for local solar production, aligning with the upcoming ALMM policy. SAEL also plans an IPO within a year and may expand into wafers and ingots, strengthening its […]