Saudi researchers outlined pathways for Saudi Arabia to reach net-zero power sector emissions by 2060, requiring up to 3.6% of land – mostly for onshore wind – with 151.3 GW of solar PV covering only 0.16% of the country.
Indian solar manufacturer Loom Solar has launched a 125 kW/261 kWh CAML battery energy storage system (BESS) for commercial and industrial (C&I) applications. The BESS is scalable up to 1 MWh.
Coal-based thermal power is expected to remain the backbone of electricity generation in FY27, accounting for around 70%, even as renewable energy continues to dominate incremental capacity additions.
South Korea’s GS Engineering & Construction (GS E&C) has officially entered India’s renewable energy market with the completion of the 12.75 MWp Patur Solar Park in Maharashtra, marking the start of its commercial operations.
Bhutan’s Druk Green Power Corporation and India’s Carbon Resources Private Limited have agreed to collaborate on new solar and hydropower projects in Bhutan with capacities between 100 MW and 250 MW.
India’s Union Budget 2026–27 extends basic customs duty (BCD) exemptions on the import of capital goods used for lithium-ion cell production for battery energy storage systems (BESS), as well as capital goods required for processing critical minerals. It also removes the 7.5% BCD on sodium antimonate used in solar glass manufacturing.
IEEFA’s assessment finds that while most companies have announced net-zero or emission reduction targets, only a limited number link these goals to capital expenditure plans, revenue assumptions or changes in business strategy, making it difficult for investors and lenders to assess the feasibility of transition pathways.
Deployment hits ten year high in the United Kingdom with connection of largest plant to date and a ramping up of small-scale installations. Government targets accelerated deployment with new support for rooftop installations and ongoing CfD auction.
Sunsure Energy has started supplying solar power to Max Healthcare Institute’s Super Speciality Hospital in Noida under a long-term power purchase agreement (PPA).
China installed a record 315 GW of new solar capacity in 2025, lifting cumulative installed PV capacity to 1.2 TW and pushing non-fossil power sources past thermal generation for the first time.
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