ReNew secures $331 million from ADB for renewables plus storage project in Andhra Pradesh
ReNew Energy Global Plc has secured $331 million from the Asian Development Bank (ADB) to support the development of a 837 MWp wind-solar capacity backed with a 415 MWh battery energy storage system in Andhra Pradesh. This is part of ADB’s $477 million financial package for the project. The balance $146 million will be arranged by ADB through other lenders.
Why India’s solar surge needs a better construction discipline
With over 50 GW of renewable capacity stranded nationwide as of June 2025, the message is clear: identifying and overcoming the challenges in India’s construction sector is no longer optional but essential to sustain the country’s solar growth.
Emmvee’s INR 2,900-crore IPO to open on Nov. 11
The IPO comprises a fresh issue of shares worth INR 2,143.86 crore and an offer for sale (OFS) of shares valued INR 756.14 crore by promoters. The price band is set between INR 206 and INR 217 per share.
JSW Energy commissions 74 MW solar, 11 MW wind power capacity
JSW Energy Ltd has commissioned 85 MW of renewable energy capacity, including solar capacity of 74 MW (Including part of NHPC’s hybrid project) and wind capacity of 11 MW.
LG Chem, Sinopec to jointly develop sodium-ion battery materials
With investment in the sodium-ion battery sector rebounding in 2025 after last year’s slowdown, two chemical heavyweights are partnering to develop cathode and anode materials for the emerging technology.
Chinese solar cell prices ease as looming Indian antidumping duties prompt contract renegotiations
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Maharashtra govt, GSC Group sign MoU for 1.5 GW pumped storage project
The Maharashtra government has signed a memorandum of understanding (MoU) with Singapore’s GSC Group for the 1.5 GW Panchmauli-Devalipada pumped storage hydroelectric project in Dhule and Nandurbar districts.
From scale to strength: How India’s solar industry is forced to become a global premium player
EUPD Research explores India’s rapid solar manufacturing expansion, its growing export potential, competitiveness relative to China, and the evolving trade and sustainability dynamics shaping global PV markets.
Kosol Energie unveils 730 Wp G12 TOPCon solar panel, expands into BESS production
Kosol Energie unveiled its high-efficiency 730 Wp G12 TOPCon solar panel for commercial and utility-scale projects at REI 2025. The company also announced plans to expand its module manufacturing capacity by an additional 6 GW, bringing the total to 9 GW by late 2026. In addition, Kosol Energie is venturing into large-scale battery energy storage systems (BESS), with an initial planned annual production capacity of 3–3.5 GWh.
Musk proposes PV-powered AI satellite network to fight global warming
Elon Musk says a constellation of solar-powered artificial intelligence satellites could regulate the planet’s energy balance and limit global warming.
