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Pace Digitek secures INR 4,945 million BESS EPC order from NTPC

Pace Digitek Ltd, an integrated provider of telecom infrastructure and energy solutions, has secured the EPC contract for a 200 MW/400 MWh battery energy storage system (BESS) from NTPC Ltd. The project is to be implemented at the Nabinagar Super Thermal Power Station in Bihar.
Energy Storage

US startup begins manufacturing grid-scale flywheel ESS

SOSV-backed Qnetic is aiming to raise $20 million in 2026. Over the next two years it will work with the National Lab of the Rockies and other partners on field testing and validating its technology across multiple use cases.
Installations

Coal India tenders 35 MWp solar EPC at BCCL Dugdha site

Central Mine Planning and Design Institute Ltd (CMPDI), a subsidiary of Coal India Ltd, has invited bids for setting up a 25 MW AC (35 MW DC) ground-mounted solar power plant on a turnkey basis at the Dugdha-II site of Dugdha Coal Washery, operated by Bh...
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Battery Business & Development Forum 2026

Connect with Europe’s energy storage leaders at the Battery Business & Development Forum 2026 in Frankfurt (March 31–April 1) and gain insights into evolving business models, financing strategies, and market trends

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SunRise Arabia Clean Energy Conference 2026

Join the 3rd SunRise Arabia Clean Energy Conference on April 22, 2026, in Riyadh to explore how solar PV and energy storage are powering the Kingdom’s growing digital economy — including data centers. Secure your spot at the early-bird rate.

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Energy Storage

NTPC Renewable Energy signs 70,000 tpa green ammonia purchase agreement with SECI

NTPC Renewable Energy Ltd will supply 70,000 tonnes per annum (tpa) of green ammonia to Krishna Phoschem Ltd, located in Meghnagar, Madhya Pradesh, with SECI acting as the intermediary procurer.
Manufacturing

ACME Group signs long-term offtake agreement with SECI for 370,000 tpa green ammonia capacity

ACME Group has signed a 10-year binding green ammonia purchase agreement (GAPA) with the Solar Energy Corp. of India (SECI) for 370,000 tonnes per annum (tpa) of green ammonia capacity. The estimated contract value over 10-year period is INR 20,000 crore.
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Highlights

IFC loans $125 million for polysilicon factory in Malaysia

The International Finance Corporation is providing an A Loan to Malaysian polysilicon producer OCI TerraSus that will partly finance the development of a semiconductor-grade polysilicon production facility in Sarawak, Borneo.
Highlights

Premier Energies commissions 5.6 GW solar module facility in Telangana

Premier Energies Ltd has commenced trial production at its 5.6 GW solar module manufacturing facility in Seetharampur, Telangana. The new facility produces G12R TOPCon modules with zero busbar (0BB) architecture.
Highlights

Tongwei moves into hybrid heterojunction back contact solar cell technology

Tongwei is partnering with GS-Solar and Golden Solar to develop a large-scale manufacturing facility for hybrid heterojunction back-contact (HBC) solar cells that combine heterojunction passivation, tunneling oxide and polysilicon structures used in TOPC...

Markets & Policy

Featured

Reforming Captive Power in India: Key Changes under the Electricity (Amendment) Rules, 2026

While the Amendment retains core eligibility thresholds for qualifying as a captive generating plant under Rule 3, it provides clarity on several existing interpretational ambiguities to align it with judicial precedents and contemporary corporate structures.

India’s pipeline push: Building the backbone of energy security

In addition to traditional oil and gas transportation, pipeline technology is evolving to support the future energy mix. As India moves toward greater adoption of cleaner fuels, including natural gas and low-carbon energy systems, pipelines capable of handling new energy vectors will become increasingly important. This shift is encouraging the adoption of specialised pipe solutions designed for higher efficiency, safety, and long-term operational resilience.

Solar generation performance with regional weather conditions deviating from long-term averages

Global solar PV continues its rapid growth, reaching around 650 GW in 2025, with record solar irradiation extremes across regions such as East Asia, India, and Latin America. With current production capacity and emerging technologies like perovskite-silicon tandem modules, PV is poised to surpass all other electricity generation technologies combined by the end of the decade.

US ITC opens Section 337 probe into global TOPCon supply chain

The US International Trade Commission (ITC) has opened a Section 337 investigation into tunnel oxide passivated contact (TOPCon) solar cells, modules, panels, and related products following a complaint by First Solar, naming 47 entities across 11 countries as respondents.

China solar cell prices fall for third consecutive week as upstream costs ease

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

How to build trust in peer-to-peer electricity trading with blockchain in solar energy space

Trust, more than technology or economics, is the real bottleneck in scaling peer-to-peer (P2P) electricity trading. And increasingly, blockchain is being positioned not as a buzzword, but as a structural solution to this problem.

Installations

Featured

Adani Green Energy switches on 926 MW solar, 25 MW hybrid capacity

Adani Green Energy Ltd (AGEL) has commissioned 926 MW of solar and 25 MW of hybrid projects across Gujarat and Rajasthan.

Rays Power Infra to develop 200 MW round-the-clock renewable energy project for Indian Railways

The project will integrate more than 700 MW of solar and wind capacity, supported by over 1,000 MWh of battery energy storage system (BESS), to ensure uninterrupted round-the-clock (RTC) power delivery.

Solar 2.0: India’s solar revolution moves beyond gigawatts

India’s first solar decade was about speed and volume. The next will be about intelligence and performance. High-efficiency modules, bifacial panels, agrivoltaic systems, advanced power electronics, and integrated battery storage are no longer emerging technologies — they are the infrastructure of Solar 2.0.

Oyster Renewable commissions part capacity of 315.6 MW hybrid wind-solar project for Jindal Stainless

Designed to support Jindal Stainless’ transition to a cleaner and more resilient energy mix, the 315.6 MW hybrid wind-solar project is being developed by Oyster Renewable with a total investment of over INR 2,000 crore, including a committed investment of INR 132 crore from Jindal Stainless.

Saudi Arabia adds around 7.8 GW of solar in 2025

Saudi Arabia had a record year for solar deployment last year, taking cumulative capacity past 12.4 GW. GlobalData is forecasting annual deployments to increase in the coming years but notes that they remain behind the pace required to meet the country’s target of 130 GW of renewables by 2030, instead nearing the goal by 2035.

How AI can transform India’s energy ecosystem

By applying advanced machine learning and data analytics, AI can improve energy efficiency, strengthen grid resilience, and enable more intelligent and effective resource utilisation. Strategies for energy efficiency and innovations in smart grids powered by AI could generate up to $1.3 trillion in economic value by 2030.

Technology

Featured

Green ammonia plants in 2026: EPC challenges and execution models

The next generation of green ammonia facilities must not only operate safely and efficiently, but must demonstrate to the world that large-scale green molecules can be produced, stored, transported, and traded with the same confidence as their fossil counterparts. The organisations that rise to this challenge will not simply contribute to the energy transition — they will define the architecture of a decarbonised industrial future.

The Hydrogen Stream: BPCL-Sembcorp JV secures 10ktpa green hydrogen contract from Numaligarh Refinery

NeuEN Green Energy Pvt. Ltd. (NeuEN), a 50:50 joint venture between Bharat Petroleum Corp. Ltd (BPCL) and Sembcorp Green Hydrogen India, has secured a contract to supply 10,000 tonnes per annum (10 ktpa) of green hydrogen to Numaligarh Refinery Ltd (NRL).

Scientists build high temperature-resistant perovskite solar cell with 26% efficiency

LMU researchers have developed a dual molecular reinforcement strategy for perovskite solar cells that strengthens grain boundaries, improving both durability and performance.

Godrej Enterprises energy solutions pipeline reaches INR 2,600 crore

Godrej Enterprises Group has reported a project pipeline of INR 2,600 crore for its Energy Solutions business at the close of FY26, spanning transmission infrastructure, railway electrification and renewable energy projects. Supported by rising investments in power infrastructure and clean energy, the business expects to grow by around 15% by FY27.

Over 35 GW RE capacity at risk of grid curtailment in fiscal 2027: Crisil Ratings

A rapid increase in capacity addition of renewable energy, especially solar, has heightened the risk of evacuation for surplus power, especially during daytime. This is driving curtailment for projects especially with temporary general network access (TGNA), which faced 80% of the total curtailment in India between April and December 2025.

Advait Greenergy signs MoUs spanning green hydrogen, solar, and battery storage

Advait Greenergy, an arm of Advait Energy Transitions Ltd, has signed multiple Memorandums of Understanding (MoUs) with industry and academic partners across the hydrogen and renewable energy ecosystem in India.

Manufacturing

Featured

Brazil PV module imports fall 24% to 17.9 GW in 2025

Greener says Brazil imported 17.9 GWp of PV modules in 2025, with distributed generation accounting for 79% of volumes despite a slowdown in installations.

Saatvik Solar secures INR 638.26 crore TOPCon cell order

Saatvik Solar has secured an INR 638.26 crore order for the supply of G12R TOPCon PV cells. The order is scheduled to be executed by March 2027.

Who are the Top 100 PV manufacturers today?

The Terawatt PV 100 ranks the top 100 solar manufacturing companies using a new methodology based on production scale, financial strength, and corporate transparency, with Tongwei leading the Q1 2026 list and most top firms headquartered in China. The analysis highlights increasing global supply-chain scrutiny driven by tariffs and ESG mandates, while also showing rising influence from Indian companies and strong positions for key materials and equipment suppliers.

Exide Industries invests INR 450 crore in lithium battery arm

Exide Industries Ltd has invested INR 450 crore into its wholly owned subsidiary Exide Energy Solutions Ltd (EESL) through a rights subscription to equity share capital.

Land acquisition completed for 40 GWh capacity awarded under PLI ACC scheme

Land acquisition has been completed for 40 GWh of manufacturing capacity awarded under India’s production-linked incentive (PLI) scheme for advanced chemistry battery cells (ACC).

Tesla advances plan to build 100 GW of U.S. PV manufacturing capacity by 2028

Job advertisements on Tesla’s website outline the 100 GW ambition and follow reports the company is in talks with Chinese firms for the purchase of $2.9 billion worth of equipment for solar manufacturing.

Energy Storage

Featured

When battery imbalance turns 11% of capacity into stranded energy

A 350 MWh battery storage system in Europe is delivering significantly less energy than expected due to cell imbalance, with the battery management system failing to detect the issue, tradable energy volumes chronically overestimated, and weekly balancing cost exposure reaching up to €110,000 ($127,745). This is one of the real-world failure scenarios to be examined at the Battery Business & Development Forum on April 1.

India added 547 MWh of battery energy storage capacity in 2025, says Mercom

With this, the nation’s cumulative installed battery energy storage capacity crosses 1 GWh.

ACME Solar commissions additional capacity at Bikaner battery storage project

ACME Solar Holdings, through its wholly owned subsidiary ACME Surya Power, has commissioned the second phase of 35.714 MW/160.48 MWh of its 250 MW/1,103.392 MWh battery energy storage system (BESS) project located at Jaimalsar village in the Bikaner district of Rajasthan, India.

Why battery storage is becoming the engine of AI growth

Data centers are using batteries to run more AI on the same grid connection.

Waaree Energies approves INR 3,900 crore for solar glass factory

Waaree Energies Ltd has approved a capital expenditure of INR 3,900 crore for setting up a solar glass manufacturing facility with a capacity of 2,500 tonnes per day (tpd).

ACME Solar commissions additional 155 MW/470 MWh battery storage projects in Rajasthan

ACME Solar Holdings Ltd (ACME Solar), through its various subsidiaries, has commissioned additional 155 MW/470.25 MWh of battery energy storage systems (BESS) in the Indian state of Rajasthan. With this addition, the company’s total commissioned BESS capacity reaches 297.67 MW/951.74 MWh, out of the total planned BESS capacity of 835 MW/3,114.64 MWh through these special-purpose vehicles.

Opinion & Analysis

Featured

China wafer prices unchanged as resumed purchases fail to lift market

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

AI-powered BESS: The next frontier in grid stability and renewable integration

AI is transforming battery energy storage systems (BESS) through predictive load management, smart dispatch, and real-time performance optimisation – critical to India’s renewable energy ambitions.

Grid-forming BESS set to stabilize Australia’s hyperscale data centers

Australia has become one of the world’s most attractive destinations for hyperscale data centers, ranking among the top five to 10 markets globally by capacity. Drivers include large land availability in Renewable Energy Zones, renewable penetration exceeding 40% across the National Electricity Market (NEM), geopolitical stability, Five Eyes membership, and proximity to Asia-Pacific demand hubs.

7 reasons AI is the missing link in the energy transition

The AI revolution has given us the ability to create predictive analyses, autonomy, and resilience in our energy systems. This will allow for the transformation of decentralized and disconnected energy systems into a single integrated network providing flexible, adaptive solutions.

Why Gujarat continues to attract large-scale renewable energy investment

As India’s clean energy ambitions scale, investment will increasingly follow regions that can deliver outcomes, not just intent. Gujarat’s experience suggests that long-term renewable growth depends as much on institutional preparedness and grid integration as it does on natural resources.

China polysilicon prices fall over 13% year-to-date as below-cost selling persists

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Press Releases

TeamLease Digital launches POWER, as India’s AI talent gap hits 53%, with women returnship programs post 70% conversion rates into full-time roles

With India’s AI talent gap at 53%, TeamLease Digital launches POWER to bring experienced women back into the workforce through structured, paid re-entry programmes.

 IREDA secures JPY 28 billion ECB facility from SMBC

Indian Renewable Energy Development Agency Limited (IREDA) has entered into a Facility Agreement with Sumitomo Mitsui Banking Corporation (SMBC) to raise External Commercial Borrowing (ECB) amounting to JPY 28 billion, including a greenshoe option of JPY 12 billion. The proceeds will be utilised to support sustainable financing initiatives.

Bacancy Systems raises INR 400 million in series a funding led by Sabre Partners and Greenstone Capital to accelerate EV and railway electronics expansion

Bacancy Systems Private Limited (“Bacancy”), a Gujarat-headquartered embedded electronics and power systems company focused on next-generation Electric Vehicle (EV) and Railway Electronics solutions, announced the successful close of its INR 400 Million Series A funding round led by Sabre Partners and Greenstone Capital. Both investors have acquired minority stakes in the company through primary investments.

GPSR Arya raises mezzanine funding from Alternates by Axis AMC amid gas supply crisis, volatile energy markets 

GPSR Arya, the asset platform of GPS Renewables, India's leading full-stack biofuels company, has raised mezzanine funding from Alternates by Axis AMC. The funding will be utilized to accelerate the development of compressed biogas (CBG) projects across India through GPSR Arya’s partnerships with public sector oil marketing companies including Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited.

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