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Rajasthan Renewable Energy Corporation Ltd

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uuid0058juf

Namestring
Rajasthan Renewable Energy Corporation Ltd
Legal namestring
mPower Green Energy
Websiteurl
rrecl.com
Company typeenum
Private
Founded yearint
2016
Descriptiontext

Rajasthan Renewable Energy Corporation Ltd is referenced in the firmographics as a Jaipur, India-based solar-related entity with 28 employees and a corporate web presence at rrecl.com. The detailed operational data available pertains to mPower Green Energy, the trading and supply business associated with the entity, which was established in 2016 (per copyright) and operates from Manglam Crown Square, 4th Floor, Vaishali Nagar, Jaipur. The business functions as an authorized dealer, supplier, trader, and exporter of solar products, sourcing from OEMs and distributing across India under a horizontal, sales-led model.

The product portfolio centers on five solar and energy-efficiency offerings: Solar Photovoltaic Power Generating Systems, Solar Water Heating Systems, Heat Pump Water Heaters, Solar Module Mounting Structures, and Solar Light Pipe Daylighting Solutions. The underlying technology is conventional established solar hardware rather than proprietary R&D; competitive positioning is built on quality-sourcing rigor and a "Total Solar Solutions Provider" framing rather than differentiated technology. No patents, certifications, API/SDK surface, or proprietary IP are disclosed.

The business model is straightforward product trading: one-time license-style sales of solar equipment at quote-based, non-publicly-disclosed pricing, generated through a website inquiry funnel plus direct phone/email contact. Customer segmentation is horizontal across five end-segments — industries, institutes, residential houses, hotels, and hospitals — with no named anchor logos, no enterprise contract terms, and no recurring/managed-service revenue stream. Export capability is claimed alongside domestic distribution, but no specific overseas customers or geographies are disclosed. No funding rounds, subsidiaries, or ownership disclosures are present in the source material.

Short descriptiontext

Jaipur-based solar products distributor trading solar PV systems, solar water heaters, heat pump water heaters, mounting structures, and daylighting solutions to industries, institutes, residential customers, hotels, and hospitals across India.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersJaipur, India
HQ citystring
Jaipur
HQ countrystring
India
HQ regionstring
Asia
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
solar PV systems, solar water heaters, heat pump systems, solar mounting structures, renewable energy solutions
Industry2 codes
1Solar Distribution & Wholesale Supply (Channel, Procurement, Logistics)
CodeEUAMABAKPrimaryYes
2Solar Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts)
CodeEUAMABAFPrimaryNo
SIC code1 code
  • Wholesale-Industrial Machinery & Equipment5084
Product category
Solar Energy Equipment and Installation Services
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Solar Products Trading and Supply
TypeOne Time License
Description

Revenue generated through the trading and supply of solar products including photovoltaic systems, solar water heaters, heat pumps, mounting structures, and daylight solutions to customers across India.

mpowergreenenergy.com
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Rajasthan Renewable Energy Corporation Ltd is an authorized dealer, supplier, trader and exporter of solar energy products headquartered in Jaipur, Rajasthan. The company sells, installs and services solar PV power plants, solar water heaters, heat pumps, solar mounting structures, and automatic daylight/tubular skylight solutions for industrial, institutional, commercial and residential customers.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

mPower Green Energy is a Total Solar Solutions Provider offering a comprehensive portfolio of solar products for industries, institutes, houses, hotels, and hospitals. The company operates as Authorized Dealers, Suppliers, Traders, and Exporters of highest quality solar products. The product portfolio centers around five core offerings: Solar Photovoltaic Power Generating Systems (for electricity generation), Solar Water Heating Systems (for water heating), Heat Pump Water Heaters (energy-efficient water heating), Solar Module Mounting Structures (installation hardware), and Solar Light Pipe Day Lighting Solutions (natural interior lighting). The company emphasizes quality products with stringent quality checks and norms, sourcing high-quality products for all clients.

Product and service5 records
1Solar PV Power Plants
CategorySolar Photovoltaic Systems
Description

On-grid, off-grid and hybrid rooftop solar photovoltaic power generation systems designed and supplied for industrial plants, hotels, hospitals, institutions, and residential customers to reduce grid electricity dependency.

2Solar Water Heaters
CategorySolar Thermal Systems
Description

Solar thermal water heating systems for domestic, commercial and industrial hot water requirements, supplied and installed for households, hotels, hospitals and hostels.

3Heat Pumps
CategoryHeat Pump Systems
Description

Heat pump-based hot water and HVAC solutions supplied as an energy-efficient alternative or complement to solar thermal systems for commercial and residential customers.

4Solar Mounting Structures
CategorySolar Balance of System
Description

Customizable mounting structures for rooftop and ground-mounted solar PV installations, supplied to support panels across diverse site conditions.

5Automatic Daylight / Tubular Skylight Systems
CategoryDaylighting Systems
Description

Automatic daylight and tubular skylight systems that pipe natural light into interior spaces, supplied as an energy-saving lighting alternative for industrial, commercial, and residential buildings.

Scale indicator1 record

Each record includes

Type, Value, Description, Source

Recent move3 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

India's largest solar module manufacturer with an integrated distribution and EPC arm serving utility, commercial, and residential customers. Comparable as a broad incumbent with overlapping solar product distribution across India.

TypeEmerging player
Description

India-focused distributed solar EPC and operations company building C&I and institutional rooftop portfolios. Comparable as an emerging player addressing institutional and industrial customer segments that mPower also serves.

TypeBroad incumbent
Description

Indian solar module and cell manufacturer with EPC and distribution operations serving utility-scale and rooftop customers. Comparable as a broad incumbent with overlapping solar product offerings.

TypeBroad incumbent
Description

Tata group subsidiary offering solar modules, EPC, and rooftop solutions across residential, commercial, and utility segments in India. Comparable as a large incumbent serving the same customer verticals through both product supply and installation.

TypeDirect peer
Description

Schneider Electric-owned Indian power backup and solar products distributor with a nationwide dealer network selling inverters, batteries, and solar systems to residential and SMB customers. Comparable as a multi-segment Indian solar channel player.

TypeDirect peer
Description

India-based solar products distributor selling panels, inverters, batteries, and water heaters directly to residential and commercial customers via online channels. Closely comparable as a multi-product Indian solar dealer targeting similar end customers.

TypeBroad incumbent
Description

Vertically integrated Indian solar manufacturer and rooftop solutions provider serving utility, C&I, and residential markets with modules, inverters, and EPC. Comparable as an incumbent with overlapping product and channel presence.

TypeDirect peer
Description

Indian power backup and solar products distributor selling inverters, batteries, and solar systems through a national dealer network. Comparable as a multi-product solar and power channel operator in India.

TypeDirect peer
Description

Indian manufacturer and distributor of solar PV modules, inverters, water heaters, and UPS systems targeting residential and commercial customers. Comparable as a multi-product solar products supplier in India.

TypeDirect peer
Description

India-based solar PV module manufacturer and rooftop solutions provider serving residential, commercial, and institutional customers. Comparable as a mid-sized Indian solar product and solutions player.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat2 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers5 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment5 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Rajasthan Renewable Energy Corporation Ltd

Solar Energy Equipment and Installation Servicesrrecl.com

Jaipur-based solar products distributor trading solar PV systems, solar water heaters, heat pump water heaters, mounting structures, and daylighting solutions to industries, institutes, residential customers, hotels, and hospitals across India.

What Rajasthan Renewable Energy Corporation Ltd does

Rajasthan Renewable Energy Corporation Ltd is referenced in the firmographics as a Jaipur, India-based solar-related entity with 28 employees and a corporate web presence at rrecl.com. The detailed operational data available pertains to mPower Green Energy, the trading and supply business associated with the entity, which was established in 2016 (per copyright) and operates from Manglam Crown Square, 4th Floor, Vaishali Nagar, Jaipur. The business functions as an authorized dealer, supplier, trader, and exporter of solar products, sourcing from OEMs and distributing across India under a horizontal, sales-led model.

The product portfolio centers on five solar and energy-efficiency offerings: Solar Photovoltaic Power Generating Systems, Solar Water Heating Systems, Heat Pump Water Heaters, Solar Module Mounting Structures, and Solar Light Pipe Daylighting Solutions. The underlying technology is conventional established solar hardware rather than proprietary R&D; competitive positioning is built on quality-sourcing rigor and a "Total Solar Solutions Provider" framing rather than differentiated technology. No patents, certifications, API/SDK surface, or proprietary IP are disclosed.

The business model is straightforward product trading: one-time license-style sales of solar equipment at quote-based, non-publicly-disclosed pricing, generated through a website inquiry funnel plus direct phone/email contact. Customer segmentation is horizontal across five end-segments — industries, institutes, residential houses, hotels, and hospitals — with no named anchor logos, no enterprise contract terms, and no recurring/managed-service revenue stream. Export capability is claimed alongside domestic distribution, but no specific overseas customers or geographies are disclosed. No funding rounds, subsidiaries, or ownership disclosures are present in the source material.

Rajasthan Renewable Energy Corporation Ltd firmographics

Firmographics
Name
Rajasthan Renewable Energy Corporation Ltd
Legal name
mPower Green Energy
Website
https://rrecl.com
Company type
Private
Founded year
2016
Operating status
Operating
Headcount range
11–50 employees
Short description
Jaipur-based solar products distributor trading solar PV systems, solar water heaters, heat pump water heaters, mounting structures, and daylighting solutions to industries, institutes, residential customers, hotels, and hospitals across India.
Ownership category
akta.pro rank

Rajasthan Renewable Energy Corporation Ltd industry classification

Industry
Product category
Solar Energy Equipment and Installation Services
SIC
Wholesale-Industrial Machinery & Equipment (5084)
akta.pro primary industry
Solar Distribution & Wholesale Supply (Channel, Procurement, Logistics) (EUAMABAK)
akta.pro secondary industry
Solar Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts) (EUAMABAF)

Keywords

  • Solar PV systems
  • Solar water heaters
  • Heat pump systems
  • Solar mounting structures
  • Renewable energy solutions

Where Rajasthan Renewable Energy Corporation Ltd is headquartered

Location

Headquarters

HQ city
Jaipur
HQ country
India
HQ region
Asia

Offices1 record

Markets served

Rajasthan Renewable Energy Corporation Ltd business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D

Revenue model

  1. Solar Products Trading and Supply: Revenue generated through the trading and supply of solar products including photovoltaic systems, solar water heaters, heat pumps, mounting structures, and daylight solutions to customers across India.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Rajasthan Renewable Energy Corporation Ltd product offering

Product offering

Core offering

Rajasthan Renewable Energy Corporation Ltd is an authorized dealer, supplier, trader and exporter of solar energy products headquartered in Jaipur, Rajasthan. The company sells, installs and services solar PV power plants, solar water heaters, heat pumps, solar mounting structures, and automatic daylight/tubular skylight solutions for industrial, institutional, commercial and residential customers.

Product overview

mPower Green Energy is a Total Solar Solutions Provider offering a comprehensive portfolio of solar products for industries, institutes, houses, hotels, and hospitals. The company operates as Authorized Dealers, Suppliers, Traders, and Exporters of highest quality solar products. The product portfolio centers around five core offerings: Solar Photovoltaic Power Generating Systems (for electricity generation), Solar Water Heating Systems (for water heating), Heat Pump Water Heaters (energy-efficient water heating), Solar Module Mounting Structures (installation hardware), and Solar Light Pipe Day Lighting Solutions (natural interior lighting). The company emphasizes quality products with stringent quality checks and norms, sourcing high-quality products for all clients.

Differentiator

Problem solved

Functional benefit

Products and services

  • Solar PV Power Plants On-grid, off-grid and hybrid rooftop solar photovoltaic power generation systems designed and supplied for industrial plants, hotels, hospitals, institutions, and residential customers to reduce grid electricity dependency.
  • Solar Water Heaters Solar thermal water heating systems for domestic, commercial and industrial hot water requirements, supplied and installed for households, hotels, hospitals and hostels.
  • Heat Pumps Heat pump-based hot water and HVAC solutions supplied as an energy-efficient alternative or complement to solar thermal systems for commercial and residential customers.
  • Solar Mounting Structures Customizable mounting structures for rooftop and ground-mounted solar PV installations, supplied to support panels across diverse site conditions.
  • Automatic Daylight / Tubular Skylight Systems Automatic daylight and tubular skylight systems that pipe natural light into interior spaces, supplied as an energy-saving lighting alternative for industrial, commercial, and residential buildings.

Companies that use Rajasthan Renewable Energy Corporation Ltd

Customer profile

Named customers5 records

Segments5 records

Ideal customer profiles2 records

Rajasthan Renewable Energy Corporation Ltd technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Rajasthan Renewable Energy Corporation Ltd partnerships and signals

Strategic signal

Scale indicators1 record

Recent moves3 records

Expansion highlights3 records

Rajasthan Renewable Energy Corporation Ltd competitors and assessment

Company assessment

Broad incumbents

  • Waaree Energies: India's largest solar module manufacturer with an integrated distribution and EPC arm serving utility, commercial, and residential customers. Comparable as a broad incumbent with overlapping solar product distribution across India.
  • Vikram Solar: Indian solar module and cell manufacturer with EPC and distribution operations serving utility-scale and rooftop customers. Comparable as a broad incumbent with overlapping solar product offerings.
  • Tata Power Solar Systems: Tata group subsidiary offering solar modules, EPC, and rooftop solutions across residential, commercial, and utility segments in India. Comparable as a large incumbent serving the same customer verticals through both product supply and installation.
  • Adani Solar: Vertically integrated Indian solar manufacturer and rooftop solutions provider serving utility, C&I, and residential markets with modules, inverters, and EPC. Comparable as an incumbent with overlapping product and channel presence.

Emerging players

  • Fourth Partner Energy: India-focused distributed solar EPC and operations company building C&I and institutional rooftop portfolios. Comparable as an emerging player addressing institutional and industrial customer segments that mPower also serves.

Direct peers

  • Luminous Power Technologies: Schneider Electric-owned Indian power backup and solar products distributor with a nationwide dealer network selling inverters, batteries, and solar systems to residential and SMB customers. Comparable as a multi-segment Indian solar channel player.
  • Loom Solar: India-based solar products distributor selling panels, inverters, batteries, and water heaters directly to residential and commercial customers via online channels. Closely comparable as a multi-product Indian solar dealer targeting similar end customers.
  • Microtek Solar: Indian power backup and solar products distributor selling inverters, batteries, and solar systems through a national dealer network. Comparable as a multi-product solar and power channel operator in India.
  • UTL Solar (Uttam Group): Indian manufacturer and distributor of solar PV modules, inverters, water heaters, and UPS systems targeting residential and commercial customers. Comparable as a multi-product solar products supplier in India.
  • Emmvee Solar Systems: India-based solar PV module manufacturer and rooftop solutions provider serving residential, commercial, and institutional customers. Comparable as a mid-sized Indian solar product and solutions player.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

Rajasthan Renewable Energy Corporation Ltd social profiles

Digital presence

Rajasthan Renewable Energy Corporation Ltd financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Rajasthan Renewable Energy Corporation Ltd leadership team

Management profile

Number of profiles

Profiles1 record

Rajasthan Renewable Energy Corporation Ltd funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Rajasthan Renewable Energy Corporation Ltd M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rajasthan Renewable Energy Corporation Ltd

What does Rajasthan Renewable Energy Corporation Ltd do?

Rajasthan Renewable Energy Corporation Ltd is an authorized dealer, supplier, trader and exporter of solar energy products headquartered in Jaipur, Rajasthan. The company sells, installs and services solar PV power plants, solar water heaters, heat pumps, solar mounting structures, and automatic daylight/tubular skylight solutions for industrial, institutional, commercial and residential customers.

Is Rajasthan Renewable Energy Corporation Ltd a public or private company?

Rajasthan Renewable Energy Corporation Ltd is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Rajasthan Renewable Energy Corporation Ltd founded?

Rajasthan Renewable Energy Corporation Ltd was founded in 2016. It employs 11 to 50 people.

Where is Rajasthan Renewable Energy Corporation Ltd based?

Rajasthan Renewable Energy Corporation Ltd is headquartered in Jaipur, India, in the Asia region.

How does Rajasthan Renewable Energy Corporation Ltd make money?

One revenue line is on record: solar Products Trading and Supply.

Who are Rajasthan Renewable Energy Corporation Ltd's main competitors?

Broad incumbents on record are Waaree Energies, Vikram Solar, Tata Power Solar Systems and Adani Solar. Fourth Partner Energy is listed as an emerging player. Direct peers are Luminous Power Technologies, Loom Solar, Microtek Solar, UTL Solar (Uttam Group) and Emmvee Solar Systems.

Does Rajasthan Renewable Energy Corporation Ltd have an API?

No public API is recorded for Rajasthan Renewable Energy Corporation Ltd.

What industry is Rajasthan Renewable Energy Corporation Ltd in?

Rajasthan Renewable Energy Corporation Ltd's product category is Solar Energy Equipment and Installation Services. Its primary akta.pro industry code is EUAMABAK, Solar Distribution & Wholesale Supply (Channel, Procurement, Logistics), with a secondary code of EUAMABAF, Solar Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts). Its SIC code is 5084.

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Live signals
The Times of IndiaRajasthan expands renewable energy focus to storage, manufacturing and grid integration: RRECL CMD Rohit GuptaRajasthan Renewable Energy Corporation Ltd (RRECL) Chairman Rohit Gupta said the state is expanding its renewable energy strategy beyond solar and wind to include battery storage, pumped storage, green hydrogen, and grid integration. The state has installed over 50% of its contracted renewable capacity, and the 2024 clean energy policy brought multiple projects under a common framework. RRECL is also seeking investment in equipment manufacturing and developing EV charging stations.The Times of IndiaRajasthan expands renewable energy focus to storage, manufacturing and grid integration: RRECL CMD Rohit GuptaRajasthan Renewable Energy Corporation Ltd CMD Rohit Gupta said the state is expanding its renewable energy strategy beyond solar and wind to include battery storage, pumped storage, green hydrogen, compressed biogas, electric mobility, manufacturing, and grid integration. The state has installed over 50% of its contracted renewable capacity, and the 2024 clean energy policy brought these projects under a common framework.The Times of IndiaRajasthan plans small renewable energy parks for industries, commercial consumersRajasthan's Renewable Energy Corporation plans small renewable energy parks for commercial and industrial consumers, including MSMEs. A 50 MW solar project in Jodhpur is the initial phase. The initiative aims to provide green power access and help meet renewable energy targets.The Times of IndiaGovt planning 236 EV charge points in 6 cities across state | Jaipur News - The Times of IndiaRajasthan Renewable Energy Corporation Ltd has floated tenders under the PM E-Drive scheme for 236 EV charging locations across Jaipur, Alwar, Ajmer, Jodhpur, Udaipur and Kota, at an estimated Rs 100 crore. The projects include around 700 DC chargers, with operators running facilities for 10 years, extendable by five. A separate Rs 30 crore DLB tender uses a DBFOT model at municipal parking sites.SolarQuarterRRECL Floats Tender For DPR Of 45 MW Solar, Wind And Hybrid Projects In RajasthanThe Rajasthan Renewable Energy Corporation Limited (RRECL) has issued a tender for the preparation of Detailed Project Reports for 45 MW of solar, wind, and hybrid renewable energy projects in Rajasthan. The selected agency will be responsible for planning civil and electrical infrastructure for facilities located in Jodhpur and Phalodi districts, potentially including Battery Energy Storage Systems. This initiative is part of the state's broader strategy to expand its clean power capacity.SolarQuarterIndia Daily: PM Surya Ghar Crosses 50 Lakh; SECI Floats 100 MW Solar-BESS Bid; India Pushes ₹20,000 Cr Nuclear Mission; NTPC Floats 15 MW O&M Bid; RRECL Drafts Mandatory BESS SOP and More…India's government initiatives include crossing 50 lakh rooftop solar installations, advancing renewable projects, and developing nuclear energy with a ₹20,000 crore mission to develop indigenous SMRs. SECI has issued bids for solar and BESS projects, and NTPC and RRECL are progressing with O&M and storage integration protocols. The article highlights India's strategic focus on expanding renewable capacity and integrating storage and new nuclear technologies.The Times of IndiaRRECL targets ₹10,000-cr savings, begins 200 MW PHED solar tender | Jaipur News - The Times of IndiaRajasthan Renewable Energy Corporation Ltd (RRECL) has invited bids for 201 MW of grid-connected solar projects to power Public Health Engineering Department (PHED) water-supply connections under the Virtual Net Metering framework, issued on June 12 with bids closing on July 14. The tender marks the first phase of a 500 MW programme under RRECL's broader plan to install 700 MW of solar capacity across government offices and public infrastructure, targeting savings of nearly Rs 10,000 crore over 25 years. Projects will be developed under the Renewable Energy Service Company (RESCO) model, with private developers financing, building, and operating plants for 25 years, sparing the government upfront costs.TERIRajasthan Renewable Energy Corporation Limited and TERI Sign MoU to Advance Rajasthan’s Clean Energy TransitionRajasthan Renewable Energy Corporation Limited (RRECL), a Government of Rajasthan entity, and The Energy and Resources Institute (TERI) signed a Memorandum of Understanding on May 27, 2026 in Jaipur to collaborate on advancing renewable energy deployment, energy storage, grid integration, and sustainable development initiatives in Rajasthan. The partnership will focus on areas including Agri-PV initiatives, battery energy storage, electric mobility, smart distribution systems, and capacity building, with joint research, pilot projects, and stakeholder consultations planned. The collaboration is expected to support Rajasthan's renewable energy roadmap and contribute to India's broader commitments on sustainable development and climate action.The Times of IndiaDraft green building code pushes EV readiness, renewable mandates | Jaipur News - The Times of IndiaThe Rajasthan government, through Rajasthan Renewable Energy Corporation Ltd, has released a draft Energy Conservation and Sustainable Building Code (RECSBC) that for the first time covers commercial construction, mandating EV-ready infrastructure in at least 20% of parking spaces and renewable energy installations equivalent to 4% of contracted demand. The code offers incentives of up to 10% additional built-up area ratio for buildings meeting "Super RECSBC" standards, linking sustainability compliance with direct financial benefits for developers. The framework, which builds on Bureau of Energy Efficiency guidelines and will replace the existing 2023 code, applies to commercial buildings with significant connected load or built-up area, with public feedback open until May 31, 2026.The Times of IndiaMan who scammed 46cr with fake bank guarantees arrestedPolice arrested Mahesh Bhai (50) from Ahmedabad for allegedly embezzling Rs 46.3 crore from Rajasthan Renewable Energy Corporation Limited (RRECL) using forged bank guarantees submitted for rooftop solar project tenders. The three accused companies—Teerth Gopicon Ltd, M/s Unicleen Solution LLP, and M/s Future Green Power Solutions Pvt Ltd—participated as consortium partners and allegedly siphoned off funds after submitting fake guarantees worth Rs 65.67 crore. The accused, who was previously arrested by CBI in another case, has been taken on 3-day police remand as investigation continues to identify other involved persons.