LeapFrog leads with $50 million, joined by co‑investors Emerging Market Climate Action Fund and Carlyle AlpInvest.
OXMIQ Labs will provide data center and system infrastructure advisory for AMI Labs’ upcoming gigawatt-scale AI computing facility powered by renewable energy in India.
Kärcher aims to build a closed-loop cleaning ecosystem for India’s solar industry, covering both PV manufacturing environments and the long-term maintenance of PV plants.
Peak Energy says it will deploy the first sodium-ion battery in the Midcontinent Independent System Operator (MISO) service area with RWE Americas in eastern Wisconsin, using passively cooled grid-scale storage that cuts auxiliary power use by 90% and lowers lifetime storage costs by $70/kWh.
P3C Technology and Solutions has launched an industry-focused perovskite validation platform to help manufacturers and technology developers test and validate perovskite modules.
Waaree Energies Ltd has begun construction of an integrated solar ingot and wafer manufacturing facility in Butibori, Nagpur. The facility will have an annual production capacity of 10 GW each for solar ingots and wafers, making it India’s largest integrated ingot and wafer manufacturing complex.
Researchers in Japan have achieved a 12.28% efficiency in a copper gallium selenide solar cell, the highest reported for indium-free wide-bandgap chalcogenide absorbers in the 1.65–1.75 eV range. The device uses aluminum-engineered films with a back-surface field and optimized cadmium sulfide buffer layers to enhance voltage, reduce recombination, and improve overall performance.
GlobalData says global renewable capacity will more than double to 8.4 TW by 2031, with PV reaching nearly 6 TW, a 13% compound annual growth rate from 2025 levels of 4.1 TW.
The facility is designed as a scalable platform, with a roadmap to expand from 30 MW to 100 MW by the end of 2026, 300 MW by 2027, and ultimately 1 GW of annual manufacturing capacity.
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.
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