World’s smallest island nation advances 18 MW / 40 MWh solar-plus-storage project
In a bid to rid itself of diesel dependence, the world’s smallest island nation of Nauru has signed a landmark memorandum of understanding with Sydney-based Smart Commercial Energy to develop a clean energy solution.
How distributed energy resources can help India meet its 2030 clean energy targets faster
Distributed energy resources, rooftop solar, C&I open-access systems, behind-the-meter storage, solar agricultural pumps, microgrids, share one decisive advantage: deployment speed. And speed is not the only advantage. Power consumed where it is generated avoids the 15-22% aggregate technical and commercial losses in India’s distribution networks.
IndiGrid commissions 180 MW/360 MWh battery energy storage system project in Gujarat
Developed jointly by IndiGrid and EnerGrid, with Gujarat Urja Vikas Nigam Ltd (GUVNL) as the off-taker, the project is among India’s largest standalone utility-scale BESS installations at a single location.
ACME Solar FY26 profit jumps 98.4% to INR 498 crore
ACME Solar Holdings has reported a 98.4% year-on-year increase in profit after tax (PAT) to INR 498 crore for fiscal year 2026. The company posted total revenue of INR 2,507 crore for FY 2026, up 59% year on year.
Pace Digitek wins 250MW/500MWh battery storage project from Damodar Valley Corp.
Pace Digitek has secured supply, EPC, and operation and maintenance (O&M) contracts from Damodar Valley Corp. for a 250 MW/500 MWh battery energy storage system (BESS) project at Maithon.
Investment revives in thermal power amid grid stability needs as renewables surge: ICRA
A new report by ICRA says that the thermal power sector in India is witnessing a revived investment emphasis, even as the renewable capacity continue to surge. Thermal power acts as a reliable base-load supply, aiding grid stability amid expectations of power demand growth.
LICO Materials wins government incentives for critical mineral recycling
LICO Materials has committed to invest INR 240 crore in its Karnataka facility that will produce battery-grade critical minerals from end-of-life lithium-ion batteries. The project qualifies for a 20% capital expenditure (CapEx) subsidy and a multi-year operational expenditure (OpEx) subsidy linked to incremental commercial sales through FY 2030-31.
EU funding ban on high-risk inverters, including Chinese suppliers, extends to BESS
The new policy has already applied, and impacts billions in funding from the European Investment Bank on renewable projects including standalone and co-located storage.
Firm solar and storage costs fall to $54/MWh, says IRENA
A new report by the International Renewable Energy Agency (IRENA) finds that round‑the‑clock solar and wind paired with battery storage deliver power at lower cost than new fossil fuel generation in high‑quality resource regions.
India, EU launch €15.2 million programme for advanced EV battery recycling
India and the European Union (EU) have launched a €15.2 million (INR 169 crore) joint funding programme to advance recycling technologies for electric vehicle (EV) batteries, under the India–EU Trade and Technology Council (TTC) Working Group 2 on Green and Clean Energy Technologies.
