Top Stories Of The Day: Eastman Appoints Rakesh Agrawal for BESS & Inverter Ops; Websol Allots 12.1M Shares After Warrant Conversion and More…

Eastman Auto Power has appointed Rakesh Agrawal to head its High Voltage Battery Energy Storage Systems (BESS) and inverter operations. The move aims to strengthen Eastman’s leadership in energy storage and power electronics as India accelerates grid-scale storage adoption and distributed solar integration.


Websol Energy Systems has allotted 12.1 million equity shares to its promoter entity following warrant conversion. The move strengthens promoter stake and enhances the company’s capital base, supporting expansion in solar cell and module manufacturing as domestic solar manufacturing gains momentum.


Dilip Buildcon has received a Letter of Intent for a ₹1850 crore 400 kV transmission project in Karnataka. The project will strengthen grid infrastructure and facilitate reliable evacuation of renewable energy as India expands solar and wind capacity across southern states.


Oxmiq Labs has partnered with AMI Labs to develop renewable-powered AI compute infrastructure in India. The collaboration aims to build energy-efficient data processing facilities powered by clean energy, aligning India’s growing AI ecosystem with sustainability and low-carbon energy solutions.


New Era Cleantech has initiated development of India’s first integrated coal gasification and carbon capture complex in Maharashtra. The project aims to produce cleaner fuels while capturing emissions, representing an innovative approach toward reducing carbon intensity in energy-intensive industries.


Kosol Energie received recognition at the WISE Awards 2026 during the National Women in Energy Summit. The award highlights the company’s leadership in renewable energy innovation and its continued support for diversity and gender inclusion in the energy sector.


Solar Contractors Meet Dehradun 2026 recognized top performers through the Solar Contractors Awards and Surya Mitra Awards. The event brought together installers, EPC companies, and industry professionals, celebrating excellence and skill development in India’s rapidly expanding solar ecosystem.


Waaree Energies has launched a ₹6200 crore integrated solar ingot and wafer manufacturing project in Nagpur. The facility will strengthen India’s upstream solar supply chain, reduce import dependence, and support the country’s goal of building a fully integrated domestic solar manufacturing ecosystem.


Advait Greenergy has partnered with Cenmat to deploy advanced electrolyser technologies for green hydrogen projects in India. The collaboration aims to accelerate hydrogen production infrastructure and strengthen India’s push toward a clean hydrogen economy.


ACME Solar Holdings has commissioned a 143 MW / 481 MWh battery energy storage system in Rajasthan. The project enhances grid flexibility, supports renewable integration, and marks another milestone in India’s growing deployment of large-scale energy storage systems.


Power Finance Corporation has transferred the NES Pune East transmission SPV to PowerGrid for ₹8.04 crore. The transfer enables PowerGrid to undertake project development and strengthen transmission infrastructure supporting renewable energy integration in Maharashtra.


Union Minister H.D. Kumaraswamy inaugurated a 5 MW solar plant at BHEL Haridwar while launching additional manufacturing initiatives. The development reflects India’s continued push toward integrating renewable energy into industrial operations and strengthening domestic manufacturing.


DCM Shriram Limited has approved an ₹87 crore equity investment for a 48 MW renewable energy project at its Bharuch plant. The investment supports corporate decarbonization and demonstrates growing industrial commitment to renewable energy adoption.


SECI plans to invest ₹100 crore in fixed deposits and has invited interest rate quotes from banks. The move reflects careful treasury management while ensuring optimal returns and financial stability to support upcoming renewable energy procurement programs.


NHPC has invited bids for rooftop solar installations in Jammu & Kashmir under the PM Surya Ghar Muft Bijli Yojana. The initiative supports residential solar adoption, enhances distributed generation, and expands clean energy access in the region.


ITI Limited has issued a tender to establish 100 MW, 250 MW, and 500 MW solar PV module manufacturing lines at its Naini unit in Prayagraj. The project aims to strengthen India’s domestic manufacturing capacity and reduce reliance on imported solar equipment.


Chennai Port Authority has issued a tender for a 2 MW rooftop solar project under the RESCO model. The project will help reduce electricity costs, promote renewable adoption in port infrastructure, and contribute to greener maritime operations.


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