Trust, more than technology or economics, is the real bottleneck in scaling peer-to-peer (P2P) electricity trading. And increasingly, blockchain is being positioned not as a buzzword, but as a structural solution to this problem.
India’s first solar decade was about speed and volume. The next will be about intelligence and performance. High-efficiency modules, bifacial panels, agrivoltaic systems, advanced power electronics, and integrated battery storage are no longer emerging technologies — they are the infrastructure of Solar 2.0.
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 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.
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 has now surpassed 5 GW of installed solar capacity, marking an impressive increase of 1,150% from 400 MW in 2017.
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.
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.
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 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.
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