Rays Power Infra and Hetvi Construction won the Assam Power Distribution Company’s engineering, procurement, and construction auction to set up 250 MW of solar power projects in Karbi Anglong, Assam. Rays Power Infra and Hetvi Construction won 125 MW each. The tender was floated in May 2024. The projects are part of the 1 GW solar projects being set up in Karbi Anglong.

The Andhra Pradesh Electricity Regulatory Commission waived application fees and net metering charges for domestic consumers installing rooftop solar systems of up to 10 kW under the Pradhan Mantri Surya Ghar: Muft Bijli Yojana. This decision follows a formal request from the Andhra Pradesh Eastern Power Distribution Company, supported by inputs from the Andhra Pradesh Southern Power Distribution Company and Andhra Pradesh Central Power Distribution Corporation, aiming to ease the financial burden on households willing to switch to solar.

Reliance Industries won PFC Consulting’s tender to set up a transmission system to evacuate 3 GW of power for green hydrogen/ammonia manufacturing projects in the Kandla area, Gujarat. The tender was floated in October last year. Reliance Industries will acquire 100% equity stakes in Kandla GHA Transmission for ₹200 million (~$2.3 million). The transaction is expected to be completed by the end of June 2025.

Reliance Industries commissioned the first production line in its gigawatt-scale solar module manufacturing facility in Gujarat. The facility has an initial production capacity of 10 GW per year and is being rolled out in phases. It will produce 720 Wp heterojunction technology modules. Designed with modularity, the facility allows for expansion of up to 20 GW as required.

U.S.-based power producer NextEra Energy reported operating revenue of $6.25 billion for the first quarter (Q1) of 2025, a 9% year-over-year (YoY) increase from $5.73 billion in Q1 2024. The revenue, however, missed analysts’ expectations by $384.23 million. Net income attributable to NextEra Energy on a GAAP basis was $833 million, or $0.40 per share, down from $2.27 billion, or $1.10 per share, in Q1 2024. The decline reflected unfavorable mark-to-market impacts and other non-cash adjustments.

Global wind energy capacity saw a record 117 GW in new additions in 2024, a marginal increase from the 116.6 GW installed in 2023. The total wind energy capacity installed across the globe stands at 1,136 GW, according to the Global Wind Energy Council’s Global Wind Report 2025. Driven by explosive growth in China and steady installations in India, Asia Pacific retained its leading position with 75% of the global market share and a 7% YoY growth.