With peak power demand expected to approach 300 GW in the coming years and electricity demand growing at 6–7% annually, India would require nearly 230 GWh of energy storage capacity by 2030 to ensure grid stability, flexibility and reliability—said Bhupinder Singh Bhalla, Former Secretary, MNRE, at the Indian Power & Energy Storage Conference 2025, organised by FICCI.
WattPower has sold more than 18 GW of utility-scale string inverters across India over the last two and a half years.
Vikran Engineering Ltd has received an EPC order worth ₹2,035.26 crore from Onix Renewables Ltd for the development of 600 MW (AC) solar power projects across multiple locations in Maharashtra.
BloombergNEF (BNEF) projects a slight year-on-year dip in global solar additions in 2026 as China’s growth eases, even as installations elsewhere continue to rise.
Tier-2 and Tier-3 cities are no longer behind in the solar journey, they are becoming the main growth drivers. With better government support, easier net-metering rules, and more awareness about savings, people in smaller cities are now ready for rooftop solar in a big way.
Waaree Transpower, formerly known as Kotsons, has secured inverter duty transformer (IDT) orders exceeding INR 100 crore within the first month of launch. The company said that these orders, aggregating 1,275 MVA (1.27 GW), have been placed by a leading solar EPC company for deployment across high-capacity solar projects nationwide.
Cricket legend Sachin Tendulkar has invested INR 3.6 crore in Hyderabad-based solar EPC company Suntek Energy Systems, acquiring a 2% stake in the firm.
ArcelorMittal has announced three new renewable energy projects in India totaling 1 GW of nominal solar and wind capacity. Upon completion, the projects will double the company’s renewable energy capacity in India to 2 GW and increase its global total to 3.3 GW.
Market pressure in the solar and storage sectors often favors low-cost solutions, but long-term success depends on balancing price, quality, and reliability for assets designed to operate for decades. Numerous examples, from low-grade silicon modules to residential hydrogen and redox flow storage, show how technically ambitious products can fail when costs, complexity, or durability are misjudged.
Bondada Engineering Ltd has received a Letter of Award (LoA) from NLC India Renewables Ltd (NIRL) for the balance-of-system (BoS) package for 810 MW of solar power projects in Rajasthan.
This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.