UPEX 2026

Top Stories Of The Day: ReNew Secures $95M for C&I Platform; Rajasthan Unveils BESS Regulations 2026 and More…

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ReNew Secures $95M for C&I Clean Energy Platform

ReNew Energy Global Plc has secured $95 million from a LeapFrog Investments-led consortium to scale its commercial and industrial (C&I) clean energy platform. The funding will support expansion of distributed renewable solutions, helping businesses transition to sustainable energy while strengthening ReNewโ€™s position in Indiaโ€™s fast-growing C&I segment.

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Rajasthan Introduces BESS Regulations 2026

Rajasthan has introduced Battery Energy Storage System (BESS) Regulations 2026 to enhance grid stability and renewable integration. The framework outlines guidelines for deployment, operation, and tariff mechanisms, supporting the stateโ€™s growing renewable energy capacity.

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RERC Proposes Renewable Tariff Amendments

Rajasthan Electricity Regulatory Commission has proposed amendments to renewable tariff regulations, extending the control period to 2028. The move aims to provide long-term policy clarity and encourage investments in renewable energy projects.

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NTPC Floats Solar Tender for Bihar Schools

NTPC Limited has invited bids for installing solar panels at government schools in Bihar under the Make in India initiative, promoting clean energy adoption in public infrastructure.

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PowerGrid Plans Merger of 28 Subsidiaries

Power Grid Corporation of India Limited is planning a major restructuring involving the merger of 28 subsidiaries. The move aims to streamline operations, improve efficiency, and strengthen its role in expanding Indiaโ€™s transmission infrastructure.

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Reliance Signs $3B Green Ammonia Deal

Reliance Industries Limited has signed a $3 billion green ammonia supply deal with Samsung C&T, marking a major step in Indiaโ€™s green fuel ambitions and long-term clean energy exports.

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Deendayal Port Floats Green Hydrogen Tender

Deendayal Port Authority has issued a tender for expanding a 5 MW green hydrogen plant, supporting Indiaโ€™s push toward hydrogen-based clean energy solutions.

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PowerGrid Invites Bids for 765 kV Transmission Line

Power Grid Corporation of India Limited has invited bids for a 765 kV transmission line in Andhra Pradesh to support green hydrogen and renewable energy integration.

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Deendayal Port Issues โ‚น3.26 Cr Hydrogen Project Tender

Deendayal Port Authority has floated a โ‚น3.26 crore tender for green hydrogen storage and fuel cell infrastructure at Kandla, strengthening clean fuel capabilities.

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Anzen India Energy Raises โ‚น696 Crore

Anzen India Energy has raised โ‚น696 crore via preferential issue to expand its renewable energy portfolio and support future project development.

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Schneider Electric Partners with TPWODL

Schneider Electric has partnered with TP Western Odisha Distribution Limited to digitize power distribution systems in Odisha, enhancing efficiency and reliability.

Also Read  PGCIL Invites Bids For 100 MW/200 MWh Punjab-BESS-05 Project In Ludhiana

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Waaree CMD Addresses BHAF 2026

Waaree Group leadership participated in CorporateConnections Indiaโ€™s BHAF 2026 event in Surat, highlighting industry trends and growth opportunities in renewable energy.

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Tata Power Solaroof Launches Financing Scheme

Tata Power Solar Rooftop has launched a flexible financing scheme to boost rooftop solar adoption, making installations more accessible for residential consumers.

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Sunsure Energy Secures โ‚น606 Crore Debt

Sunsure Energy has secured โ‚น606 crore in debt financing for solar projects across Maharashtra and Uttar Pradesh, supporting expansion of its renewable portfolio.

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NHPC Advances Subansiri Lower Hydro Project

NHPC Limited is advancing the 2,000 MW Subansiri Lower Hydropower Project, targeting full commissioning by December 2026 to enhance grid stability and renewable supply.

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India Achieves 50% Non-Fossil Capacity

India has reached 50% non-fossil fuel-based power capacity, marking significant progress toward its 500 GW renewable target by 2030.

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India Strengthens National Grid for Renewables

India is strengthening its national grid infrastructure to support 500 GW renewable capacity by 2030, ensuring reliable integration of non-fossil energy sources.

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India Reaches 520 GW Installed Capacity

Indiaโ€™s total installed power capacity has reached 520.51 GW, with measures underway to ensure peak demand reliability and grid stability.

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Waaree Energies Acquires US Solar Stake

Waaree Energies has completed a $30 million acquisition of shares in a US-based solar company, strengthening its global expansion strategy.

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MNRE Mandates Aadhaar for Rooftop Subsidy

Ministry of New and Renewable Energy has mandated Aadhaar authentication for the PM Surya Ghar rooftop solar subsidy scheme to improve transparency and streamline beneficiary verification.

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