Today’s renewable energy news includes announcements on Alterric, JSW Neo Energy, Waaree Energies, among others.
Alterric Secures 133 MW of Turbines from Enercon and Vestas for German Projects
Alterric, a leading German wind developer, has placed turbine orders totaling 133 MW with Enercon and Vestas for upcoming projects across Germany. The deals include a mix of Enercon’s E-160 EP5 and Vestas’ V162-6.2 MW EnVentus models, chosen for their high efficiency and adaptability to local wind conditions. The projects are part of Alterric’s broader growth strategy to expand its renewable portfolio and accelerate Germany’s energy transition. Once operational, the turbines will generate significant clean power, contributing to national decarbonization targets. The investment highlights Alterric’s focus on technology diversity, energy security, and sustainability, while reinforcing partnerships with leading OEMs. The company continues to strengthen its position as one of Europe’s major independent renewable energy producers.
JSW Neo Energy Hydro Acquisition
JSW Energy’s subsidiary, JSW Neo Energy, is acquiring Tidong Power’s 150 MW hydro project in Himachal Pradesh for ₹1,728 crore. The operational project, located in Kinnaur, adds clean baseload capacity to India’s renewable mix. Strategically, the acquisition strengthens JSW’s renewable portfolio and diversifies beyond thermal assets, aligning with long-term green growth goals. The investment supports energy security and contributes toward India’s 2030 renewable targets. With a focus on proven hydropower technology, JSW ensures reliability and efficiency while catering to growing demand for sustainable power. Innovation lies in scaling integrated green assets and adopting sustainable practices. The project benefits customers through stable, low-carbon energy supply and positions JSW as a key enabler of India’s clean energy transition.
Waaree Energies Expands into Smart Meter Manufacturing
Waaree Energies, through its subsidiary, will acquire a 76 percent stake in Racemosa Energy for ₹53 crore, marking its entry into smart meter manufacturing. Strategically, this move diversifies Waaree’s portfolio beyond solar modules into digital energy solutions, strengthening its role in India’s evolving power sector. The investment supports growth in advanced metering infrastructure, critical for grid modernization and efficiency. Technology focus will be on innovative smart meters that enable real-time monitoring, demand management, and transparent billing. By integrating renewable generation with smart energy management, Waaree aims to deliver more value to utilities and consumers. Benefits include improved energy efficiency, reduced losses, and enhanced customer empowerment, aligning with India’s digital and sustainable energy transition goals.
Faheema P