The number of operational battery gigafactories will increase significantly, with more than 30 manufacturing sites expected to be in operation by 2030, targeting a total production capacity exceeding 290 GWh. However, challenges such as raw material and skilled labor shortages, insufficient R&D investment, and a lack of long-term strategic planning remain.
Saatvik Solar Industries has received and accepted an order worth INR 44.10 crore for the supply of solar PV modules. The order is scheduled for execution by March 2026.
Infomerics Ratings expects renewable energy (RE) to account for 26% of India’s total power generation by the end of FY2026, despite softer demand conditions.
The Global Energy Alliance for People and Planet has launched the India Grids of the Future Accelerator platform to modernize power distribution, integrate renewable energy and storage, and prepare India’s grids for rapid demand growth.
The first phase of the MTerra solar project in the Philippines, set to be the world’s largest solar-plus-storage site once completed, has achieved initial synchronization and energization to the Luzon grid. Project developers are anticipating the project to being exporting power by the end of the month.
Maxvolt Energy, a Ghaziabad-based lithium battery pack manufacturer, has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Roorkee to jointly develop an AI‑driven battery management system (AI‑BMS) for next‑generation energy storage and electric mobility solutions.
Fraunhofer scientists have announced two efficiency records for III-V tandem modules. The team says its 34.2% efficiency III-V germanium PV module is the most efficient solar module in the world, while its 31.3% efficiency III-V silicon PV module is a record in its class.
The International Solar Alliance (ISA) convened a high-level session at the India AI Impact Summit 2026 to advance global dialogue on the transformative role of Artificial Intelligence (AI) in the clean energy transition.
Guatemala’s Generation Expansion Plan 5 (PEG-5) tender has drawn 51 bids totaling nearly 4.7 GW – more than triple the 1.4 GW sought – with around 2 GW of solar projects, including hybrids with storage, competing for long-term supply contracts starting between 2030 and 2033.
Adani Group has announced an investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centre capacity in India by 2035.
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