“We’re ready to support our customers’ energy transition—whether from electrons or molecules”: Thermax executive VP
Arun Unni, Executive Vice President and Business Head – New Energy & Head of Strategy at Thermax, speaks to pv magazine about the evolving green hydrogen market, electrolysis economics, and the company’s ambitions in this space through global technology tie-ups. He also discusses the emerging carbon credit trading system and new opportunities for Thermax in biomass, sustainable fuels, and round-the-clock renewable energy solutions.
India adds 7.8 GW of open access solar in 2025
Cumulative open-access (off-site commercial and industrial) solar installations surpassed 30 GW as of Dec. 31, 2025.
REC conducts live demo of peer‑to‑peer decentralized energy transaction at India AI Impact Summit 2026
During the live peer-to-peer energy trading demo, Arun Singh, a farmer from Meerut (Uttar Pradesh), used a secure, blockchain‑enabled platform to sell surplus solar‑generated electricity directly to Lakshmi, a garment shop owner in Delhi.
ACME Solar secures PPA with SECI for 190 MW wind-solar hybrid project
ACME Solar arm ACME Urja One has signed a 25-year power purchase agreement with Solar Energy Corp. of India (SECI) for a 190 MW wind-solar hybrid project with assured peak power supply.
MENA region to add 860 GW of solar by 2040, says DNV
The Middle East and North Africa (MENA) region is projected to install 860 GW of solar capacity by 2040, led by utility-scale projects, with a further 2.2 TW of solar and wind expected between 2040 and 2060.
Renewables’ share to reach 26% of total power generation by FY2026-end: Infomerics Ratings
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.
Global Energy Alliance announces $25 million Grids of the Future Accelerator platform
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.
World’s largest solar-plus-storage project completes initial grid synchronization
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.
ISA unveils global mission to help 120+ member countries fast-track AI-enabled clean energy
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 PEG-5 tender draws 51 bidders for 4.7 GW of capacity
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.
