Today’s renewable energy news includes announcements from HARTEK, NORD/LB, Nextpower, and others.
HARTEK Secures INR 735 Crore in Power Systems Orders Across India
HARTEK’s Power Systems business unit has secured cumulative orders worth INR 735 crore across the utility (PSU), Independent Power Producer (IPP), and industrial segments, marking a major milestone in its growth in power system engineering and execution. The projects span key power and industrial hubs nationwide and include substation and transmission infrastructure ranging from 66 kV to 765 kV. These high-voltage projects will strengthen regional and interstate transmission networks, enhance grid reliability, and ensure efficient power evacuation to meet rising electricity demand. The orders have been secured across Jammu, Punjab, Haryana, Gujarat, Rajasthan, Madhya Pradesh, Maharashtra, Karnataka, and Andhra Pradesh, reinforcing HARTEK’s strong pan-India presence. The development supports India’s expanding power infrastructure and clean energy integration goals.
NORD/LB Provides €32.5M Financing for 59MW Polish Solar Portfolio
NORD/LB has announced a €32.5 million financing package for a 59MW portfolio of 32 solar farms in Poland, developed by Sun Investment Group. Acting as sole lender, NORD/LB supported the ready-to-build photovoltaic (PV) projects, with Capcora serving as financial adviser. The medium and small-scale ground-mounted solar plants are scheduled to become operational across 2026 and 2027. Once completed, the portfolio is expected to generate more than 59GWh of renewable electricity annually—enough to power around 17,000 homes. The projects will partially benefit from Poland’s Contracts for Difference (CfD) support scheme, providing revenue stability and strengthening bankability. The financing underscores NORD/LB’s commitment to advancing Europe’s energy transition and expanding clean energy infrastructure in key growth markets like Poland.
Nextpower Signs Multi-Year US Steel Frame Supply Deal with Jinko Solar
Nextpower has secured its second major order for US-manufactured steel module frames through a multi-year supply agreement with Jinko Solar Industries. The deal will support solar module manufacturing at Jinko Solar’s Jacksonville, Florida facility, with production expected to begin in mid-2026. Under the agreement, Nextpower will supply more than 1 GW of steel frames, scalable up to 3 GW over three years. The partnership highlights growing adoption of domestically produced steel frames as a durable and reliable alternative to traditional aluminum components. The agreement strengthens US solar supply chains, supports domestic manufacturing, and aligns with rising demand for resilient, locally sourced solar infrastructure solutions.
FAHEEMA P