Solar to Become World’s Largest Power Source by 2032: Report

Annual solar installations rose nearly ninefold from 75 GW in 2016 to 655 GW in 2025, with solar expected to become the largest zero-carbon power source by the end of this decade before overtaking all other generation sources by 2032. The findings are part of BloombergNEF’s New Energy Outlook 2026.

Clean Max Enviro Allots New Equity Shares Under Employee Stock Option Scheme

Clean Max Enviro Energy Solutions Limited announced the allotment of 3,240 equity shares under its employee stock option scheme, approved on May 28, 2026. The allotment consisted of equal parts for employees exercising vested options and bonus shares. The paid-up capital rose slightly, and earnings per share remain unaffected. The post Clean Max Enviro Allots […]

TNERC Draft BESS Regulations 2026 To Accelerate Energy Storage Deployment In Tamil Nadu

The Tamil Nadu Electricity Regulatory Commission has introduced draft regulations for Battery Energy Storage Systems (BESS) aimed at enhancing grid stability and integrating renewable energy. The framework promotes diverse storage models, competitive bidding, and technical standards while emphasizing safety and environmental management. Public feedback is being solicited before finalization. The post TNERC Draft BESS Regulations […]

Reliance Launches First Batch of BIS-Certified HJT Solar Modules from Jamnagar Facility

Reliance Industries Ltd. has launched its New Energy business by delivering the first 200 MWp batch of advanced solar modules from its Jamnagar facility, a crucial step in India’s renewable energy strategy. The 720 Wp modules enhance energy yield and reduce degradation, supporting domestic manufacturing and a self-reliant clean energy supply chain. The post Reliance […]

Greenvolt Next UK Expands Partnership With Marq Logistics Through 589 kWp Rooftop Solar Project at Magna Park Lutterworth

Greenvolt Next UK has expanded its partnership with Marq Logistics by installing a rooftop solar system at Magna Park, Lutterworth. Inaugurated on May 28, 2026, the project includes 1,310 panels generating 518 MWh annually, alongside achieving BREEAM Excellent certification, reducing carbon emissions by 235 tonnes per year, and enhancing sustainability in logistics. The post Greenvolt […]

Zelestra Completes USD 1.1 Billion Sale of Latin America Renewable Energy Platform to Promigas

Zelestra has sold its Latin America platform to Promigas for approximately USD 1.1 billion. The acquisition includes operations in Chile, Peru, and Colombia, encompassing a 3,500 MW renewable energy portfolio. CEO Leo Moreno highlighted its role in Zelestra’s shift towards European and U.S. markets, ensuring continued operations in Peru and Chile. The post Zelestra Completes […]

TNERC Approves ₹1545.14 Crore Subsidy As Tamil Nadu Expands Free Electricity Benefit Up To 500 Units

The Tamil Nadu Electricity Regulatory Commission approved a provisional tariff subsidy of ₹1545.14 crore for 2026-27, enhancing free electricity benefits for domestic consumers. Households consuming up to 500 units will now receive 200 units free. Compensation for revenue loss is ensured by the state government’s allocation of ₹1730 crore annually. The post TNERC Approves ₹1545.14 […]