Data centers lead global growth in corporate PPAs
In 2024, the global corporate clean energy procurement market grew strongly, with a record 68 GW of power purchase agreements (PPAs) and other clean energy procurement deals announced. That amounted to 29% growth against the previous year. Caroline Zhu and Bruno Brunetti, of S&P Global Commodity Insights, examine the trends behind these numbers.
India’s installed rooftop solar capacity expected to reach 30 GW by FY27
India’s installed rooftop solar capacity will reach 25–30 GW by FY 2027 from 17 GW in FY 2025, according to CareEdge Advisory & Research.
US total solar capacity to reach 182 GW by end of 2026
The US Energy Information Administration (EIA) says cumulative solar installations are expected to double from 91 GW to 182 GW from the end of 2023 to the end of 2026. Meanwhile, battery energy storage capacity is expected to grow 70% in 2025 alone.
India installed 24 GW solar in FY2025, says JMK Research
India installed 23.8 GW of new solar capacity in FY2025, including 16.9 GW from utility-scale, 5,148 MW rooftop and 1,785 MW offgrid installations.
Sunsure Energy secures 11 MWp solar PPA with JSL Super Steel
The agreement will help displace 40% of the conventional energy consumed by JSL Super Steel’s Ghaziabad facility.
Mauritius hosts SolarX Accelerator Programme in collaboration with International Solar Alliance and Business Mauritius
The two-day SolarX Accelerator Programme in Mauritius brought together 35 startups from across Asia and APAC region to accelerate the development and deployment of innovative solar solutions.
Waaree Renewable Technologies debuts on National Stock Exchange
Waaree Renewable Technologies Ltd, solar EPC arm of Waaree Group, has installed over 1.82 GW of solar projects and is currently managing the execution of an additional 1.7 GW of projects. National Stock Exchange (NSE) debut provides the company with wider stakeholder engagement, and enhanced capital access to drive future expansion.
Peru plans to reach 3 GW of PV capacity by 2028
Peru aims to add 2.5 GW of new PV capacity by 2028 through 14 solar projects, bringing its total installations to nearly 3 GW, according to the Peruvian Ministry of Energy and Mines (MINEM).
BGR Tech, Chemie-Tech partner on green hydrogen and ammonia projects globally
India’s BGR Tech Ltd has joined hands with Dubai-based EPC company Chemie-Tech to execute multi-megawatt green hydrogen and ammonia projects on lump sum turnkey basis worldwide.
BPCL, Sembcorp form renewable energy, green hydrogen joint venture
Bharat Petroleum Corp. Ltd (BPCL) and Sembcorp will jointly explore renewable energy and green hydrogen production projects to help decarbonise hard-to-abate sectors in India.
