NextPower Arabia to supply 2.25 GW of smart trackers to L&T for Bisha solar project
The newly formed NextPower Arabia joint venture has secured an order to supply 2.25 GWp of advanced solar tracking systems for Saudi Arabia’s Bisha solar project, which is being developed by an ACWA Power–led consortium, with Larsen & Toubro (L&T) serving as the execution partner.
REIL tenders 17.5 MW rooftop solar across government buildings in India
Rajasthan Electronics & Instruments Limited (REIL) has invited bids for the installation of 17.5 MWp of grid-connected rooftop solar power capacity under RESCO model across government, semi-government, and autonomous body buildings in multiple Indian states and union territories.
India requires $145 billion in annual energy investment to bridge growth and climate targets
India must mobilise around $145 billion in annual energy investment to sustain economic growth while pushing its net-zero ambitions. The bulk of this capital will be directed toward scaling up renewable power generation, grid infrastructure modernization, and energy storage, according to Wood Mackenzie.
Kosol Energie signs 360 MW Hoymiles microinverter deal for Andhra Pradesh residential rooftop solar projects
Kosol Energie has finalized a 360 MW microinverter supply agreement with Hoymiles Power Electronics Inc. for residential rooftop solar projects to be deployed across Andhra Pradesh.
Renewable energy industry’s key expectations from Union Budget 2026
The upcoming budget must prioritize in-house technology and equipment development, provide clarity on delayed power purchase agreements (PPAs) and power sale agreements (PSAs), increase budgetary allocation and policy support for Green Energy Corridors, introduce production-linked incentives for battery energy storage system (BESS) manufacturing, establish an Approved List of BESS Integrators (ALBI), lower the cost of capital through priority sector lending, extend ALMM for solar cells, and continue the ISTS waiver, among other measures.
India–EU FTA anchors climate and trade in a fracturing global order
The India–EU free trade agreement is emerging as a platform for climate-trade convergence. The climate dimension is not incidental—it’s already embedded in ongoing India–EU frameworks.
Tata Power Renewables crosses 10 GW EPC execution milestone
Tata Power Renewable Energy Ltd has commissioned 10 GW of EPC projects to date, including 1.88 GW operationalized during the first nine months of FY26.
Waaree Renewable Technologies to acquire 55% stake in Associated Power Structures
Waaree Renewable Technologies Ltd’s board of directors has approved the acquisition of an approximately 55% stake in Associated Power Structures Ltd for INR 1,225 crore.
India curtailed 2.3 TWh of solar generation between May and Dec. 2025: Ember
The system operator regularly had to curtail solar generation as an emergency measure to maintain grid security, as other resources were already flexing to their maximum capabilities. Lost solar generation highlights the need for flexibility to grow at pace with solar capacity.
Pre-Budget 2026: Solar and storage industry calls for tax reforms, PLI expansion, and circular economy push
Ahead of the presentation of the Union Budget 2026–27, stakeholders across India’s solar and energy storage ecosystem have urged the government to focus on tax reforms, expansion of production-linked incentive (PLI) schemes with targeted allocations, faster viability gap funding (VGF) disbursements, additional funding for residential rooftop solar, improved access to long-term and affordable green finance, and a stronger push for circular economy initiatives and grid modernisation.
