The newly formed NextPower Arabia joint venture has secured an order to supply 2.25 GWp of advanced solar tracking systems for Saudi Arabia’s Bisha solar project, which is being developed by an ACWA Power–led consortium, with Larsen & Toubro (L&T) serving as the execution partner.

Rajasthan Electronics & Instruments Limited (REIL) has invited bids for the installation of 17.5 MWp of grid-connected rooftop solar power capacity under RESCO model across government, semi-government, and autonomous body buildings in multiple Indian states and union territories.

India must mobilise around $145 billion in annual energy investment to sustain economic growth while pushing its net-zero ambitions. The bulk of this capital will be directed toward scaling up renewable power generation, grid infrastructure modernization, and energy storage, according to Wood Mackenzie.

Kosol Energie has finalized a 360 MW microinverter supply agreement with Hoymiles Power Electronics Inc. for residential rooftop solar projects to be deployed across Andhra Pradesh.

Tata Power Renewable Energy Ltd has commissioned 10 GW of EPC projects to date, including 1.88 GW operationalized during the first nine months of FY26.

Waaree Renewable Technologies Ltd’s board of directors has approved the acquisition of an approximately 55% stake in Associated Power Structures Ltd for INR 1,225 crore.

The system operator regularly had to curtail solar generation as an emergency measure to maintain grid security, as other resources were already flexing to their maximum capabilities. Lost solar generation highlights the need for flexibility to grow at pace with solar capacity.

Ahead of the presentation of the Union Budget 2026–27, stakeholders across India’s solar and energy storage ecosystem have urged the government to focus on tax reforms, expansion of production-linked incentive (PLI) schemes with targeted allocations, faster viability gap funding (VGF) disbursements, additional funding for residential rooftop solar, improved access to long-term and affordable green finance, and a stronger push for circular economy initiatives and grid modernisation.

Of the 100 MWh battery energy storage system (BESS), 60 MWh was commissioned in Dec. 2025 and the remaining 40 MWh on Jan. 23, 2026.

KPI Green Energy Ltd has announced the commissioning of the first 24.2 MW AC (34.4 MW DC) of its 250 MW AC (350 MW DC) grid-connected solar independent power producer (IPP) project awarded by Gujarat Urja Vikas Nigam Ltd (GUVNL), well ahead of the scheduled timeline.