Highlights

Larsen & Toubro (L&T) has secured an order from Torrent Energy Storage Solutions for the construction of the 3 GW Saidongar-1 open-loop pumped storage project (PSP) in Raigad, Maharashtra. The PSP will comprise ten units of 300 MW each.

The Kauaʻi Island Utility Cooperative in Hawaii, which deployed storage before grid-forming inverters became available, became a test case for diagnosing grid issues that can arise with older grid-following inverters, and how grid-forming inverters can stabilize a grid.

The duties range from 53.3% to 57% for U.S. producers and from 2.4% to 48.7% for South Korean companies and will remain in force for a further five years.

Solar additions in CY2025 comprised 28.6 GW of new utility-scale solar capacity (up about 54.6% year-on-year), 7.9 GW of rooftop solar capacity (a 72% YoY increase), and 1.35 GW of off-grid/distributed solar capacity (8.8% lower than installations in CY2024).

An international research group has conducted a literature review of capital expenditure-driven levelized cost of electricity optimization strategies for utility-scale PV systems. Tracking optimization, system voltage escalation, and advanced system design are identified as the most promising cost reduction areas. “The next wave of PV research must be LCOE-native, system-level, and deployment-validated,” a member of the research group said.

Saatvik Green Energy Ltd’s arm Saatvik Solar Industries has secured an order worth INR 13.80 crore from a private-sector power producer for the supply of solar PV modules. The order is scheduled to be executed by February 2026.

Only around 50% of standalone battery energy storage system (BESS) projects analyzed in India demonstrate positive project economics under modeled assumptions, according to Mercom India Research’s newly released LCOS and Bidding Trends in Indian Energy Storage Projects report. The projects assessed were auctioned between July and November 2025.

Meghmani Organics Ltd has signed an agreement with Pro-Zeal Green Power Fifteen Private Ltd to procure a contracted capacity of 3.30 MW from a wind–solar hybrid (WSH) power project located in the state of Gujarat.

Scatec has inked a 25-year power purchase agreement in Egypt for a 1.95 GW solar, 3.9 GWh battery energy storage project, representing the developer’s largest investment to date.

KP Group has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat for the development of 855 MW of renewable energy projects with an investment of around INR 4,000 crore in the state.