Oyster Renewable commissions part capacity of 315.6 MW hybrid wind-solar project for Jindal Stainless
Designed to support Jindal Stainless’ transition to a cleaner and more resilient energy mix, the 315.6 MW hybrid wind-solar project is being developed by Oyster Renewable with a total investment of over INR 2,000 crore, including a committed investment of INR 132 crore from Jindal Stainless.
Saudi Arabia adds around 7.8 GW of solar in 2025
Saudi Arabia had a record year for solar deployment last year, taking cumulative capacity past 12.4 GW. GlobalData is forecasting annual deployments to increase in the coming years but notes that they remain behind the pace required to meet the country’s target of 130 GW of renewables by 2030, instead nearing the goal by 2035.
LG Electronics India signs 20.8 MWp solar PPAs for manufacturing operations
LGE India has signed long-term solar power purchase agreements (PPAs) totaling 20.8 MWp with Hinduja Renewables and Sunsure Energy to supply renewable electricity to its manufacturing facilities in Greater Noida and Pune.
Uttar Pradesh’s installed solar capacity surges by 1,150% from 400 MW to 5,000 MW in nine years
Uttar Pradesh has now surpassed 5 GW of installed solar capacity, marking an impressive increase of 1,150% from 400 MW in 2017.
Sunsure Energy signs long-term solar PPA with Jakson Engineering
The solar power supply is expected to offset 80% of conventional grid electricity consumption at Jakson’s corporate office and up to 40% at its manufacturing facility.
UAE installs around 1 GW of solar in 2025
Analysis from GlobalData finds the UAE’s cumulative solar capacity increased from 5.7 GW to around 6.7 GW last year. The country’s annual solar deployments are forecast to increase in the coming years, with 20 GW of installed solar expected by the end of the decade.
On-site batteries accelerate grid access for data center developers
Battery energy storage systems (BESS) are increasingly used in uninterruptible power supply (UPS) applications for data centers and to speed grid connections, offering services beyond what gas turbines can provide, including emerging approaches such as bring your own capacity (BYOC) and flexible grid connections (FGC).
NTPC, UK’s Octopus Energy sign MoU for cooperation in renewable energy and storage
NTPC Ltd has signed a Memorandum of Understanding (MoU) with UK-based Octopus Energy Group to explore collaboration opportunities in advancing clean energy, digital utilities, and customer-centric power solutions across India, the United Kingdom, and other mutually agreed geographies.
Grid-forming BESS set to stabilize Australia’s hyperscale data centers
Australia has become one of the world’s most attractive destinations for hyperscale data centers, ranking among the top five to 10 markets globally by capacity. Drivers include large land availability in Renewable Energy Zones, renewable penetration exceeding 40% across the National Electricity Market (NEM), geopolitical stability, Five Eyes membership, and proximity to Asia-Pacific demand hubs.
CleanMax reports 33% EBITDA growth in first nine months of FY26
CleanMax, a renewable energy provider for the commercial and industrial (C&I) sector, has reported EBITDA of INR 945 crore for the nine months ending December 2025, up 33% year on year from INR 709 crore in the same period of the previous fiscal.
