en.Wedoany.com Reported - India's solar energy and energy storage sector has seen several significant developments. Energy company Solex Energy plans to invest approximately 400 billion rupees in Gujarat to build a 5 GW solar cell manufacturing facility and a 10 GW battery energy storage project, to be constructed in phases to enhance domestic manufacturing capacity and support clean energy goals. In addition, Clean Max Enviro Energy Solutions has approved the sale of its stake in Clean Max Yuhdul to TATA Communications, with the transaction expected to be completed by June 2026, marking a strategic restructuring. Premier Energies is investing 6.87 billion rupees to acquire at least a 26% stake in Hexa Energy BH Five, securing renewable energy power for its solar manufacturing plant in Andhra Pradesh.
In terms of tenders, NTPC Renewable Energy Limited has issued a tender for balance of system works for a 900 MW solar project in Andhra Pradesh, covering construction and operation, excluding module supply. The company's 500 MW Bikaner solar project is also seeking forecasting and scheduling services. BHEL has issued a tender for a rooftop solar plus battery energy storage system for its Hyderabad plant, adopting a long-term power purchase agreement model. ACME Solar has commissioned additional battery energy storage capacity in Rajasthan, enhancing grid reliability.
At the regulatory level, the electricity regulatory commissions of Bihar, Chhattisgarh, Delhi, Haryana, Madhya Pradesh, and Meghalaya have respectively introduced or approved multiple policies, including the recruitment of tariff consultants, load management plans, automatic fuel surcharge mechanisms, approval of PM-KUSUM solar projects, open access surcharges, amendments to captive power rules, and distributed renewable energy regulations. These initiatives reflect the efforts of various Indian states in promoting solar energy and energy storage development and grid modernization.
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