V-Guard increases stake in battery startup Gegadyne Energy Labs
V-Guard Industries has approved an additional investment of INR 25 crore in Gegadyne Energy Labs, its associate company focused on alternative battery technologies. Post acquisition, V-Guard’s shareholding in Gegadyne Energy Labs increases to 30.35% (on fully diluted basis) from the current 24.32%.
‘Battery Atlas 2026’ maps Europe’s cell, pack and battery manufacturers
The “Battery Atlas 2026” report shows consolidation in Europe’s battery market. More than 2,000 GWh of cell production capacity was announced in 2023, but the realistic forecast for early 2026 is around 1,190 GWh, including approximately 673 GWh led by Asian companies.
Involtics launches single-phase hybrid inverter for residential solar
Noida-based Involtics has launched the GTSI series of single-phase hybrid inverters (3 kW/3.6 kW/5 kW/6 kW) for residential solar applications. The inverters work seamlessly with solar panels, batteries (lead-acid and lithium-ion), and the grid to deliver continuous power for household loads.
Japan’s 27th solar auction concludes with average final price of $0.029/kWh
Japan has allocated 79 MW of PV capacity in its latest procurement exercise. The lowest price in the auction was JPY 0/kWh.
NTPC Green announces 250 MW Kadapa solar project in Andhra Pradesh fully operational
The 250 MW solar project in Kadapa district of Andhra Pradesh is now fully operational following the commercial operation of the remaining 91.6 MW capacity.
Qcells resumes US solar panel production after customs furlough
Qcells says it has resumed solar panel production at its Georgia manufacturing facilities after US Customs and Border Protection released seven solar cell shipments from South Korea that had been held under the Uyghur Forced Labor Prevention Act (UFLPA), forcing a furlough of 1,000 workers and temporarily halting output at the second-largest module factory in the United States.
“Multi-dimensional renewable energy growth key to India’s long-term development and energy security”
India’s renewable energy expansion will extend beyond utility-scale projects to distributed renewable energy, green open access and emerging prosumer models enabled by digital platforms and the India Energy Stack as the nation advances toward its vision of becoming a developed nation by 2047.
ABB invests further $75 million to expand manufacturing and R&D footprint in India
ABB will invest a further $75 million in India during 2026 to significantly expand its manufacturing and research and development (R&D) capabilities for critical electrification and automation solutions.
The strategic turn in industrial energy procurement
Industrial energy procurement has broadened in scope. Tariffs remain an important part of the decision, alongside a wider set of considerations. Buyers now weigh reliability, predictability, sustainability, and long-term exposure alongside price.
The limits to growth: The Malaysian way of navigating the data centre boom
Malaysia’s rising power demand, driven by industrial growth and data centers, is exposing grid and capacity constraints, prompting policies like Corporate Renewable Energy Supply Scheme (CRESS) to enable corporate renewable procurement while maintaining system cost recovery. A key factor is the System Access Charge (SAC), whose uncertain future trajectory affects long-term solar PPAs and investment decisions, making scenario-based modelling crucial for assessing project bankability.
