Commercial & Industrial PV

Global solar growth is flattening in major markets as oversupply from China and India drives prices down and shifts competition from sheer volume to execution, policy alignment, and system integration. Across the U.S., Europe, and China, energy storage is becoming essential for project viability, making PV-plus-storage and strong EPC partnerships the new basis for winning projects in 2026 and beyond.

Ola Electric has rolled out Ola Shakti, a residential battery energy storage system (BESS), from its gigafactory in the Krishnagiri district of Tamil Nadu. Powered by Ola Electric’s indigenous 4680 Bharat Cells, Ola Shakti is India’s first residential BESS to be fully designed, engineered, and manufactured domestically.

India is estimated to have added a record 40 GW of solar capacity in CY 2025, supported by strong utility-scale execution and a surge in rooftop installations. Energy storage tendering also picked up pace.

Startups are rewriting the narrative of India’s environmental challenge by building a bridge between air quality restoration and renewable energy expansion—a synergy that promises to fundamentally reshape how India confronts both crises simultaneously.

Adani Green Energy Twenty Five B Ltd, a wholly owned step-down subsidiary of Adani Green Energy Ltd (AGEL), has entered into key agreements for the supply of 20.8 MW of solar-wind hybrid power to Asahi India Glass Ltd (AIS). The power will be supplied from a 25 MW solar power plant unit and a 20.8 MW wind power plant unit, both located at Khavda, Gujarat.

Bondada Engineering Ltd has commissioned 120.46 MWp of solar power capacity in December 2025 for clients including Paradigm IT, Maharashtra State Power Generation Co. Ltd (MAHAGENCO), and NLC India Ltd.

Tata Power Renewable Energy added more than 1 GWp rooftop solar capacity within the first nine months of FY26—a 125% YoY growth over 444.78 MWp installations achieved in the corresponding period of FY25.

Shakti Pumps (India) Ltd has received a work order from the Haryana Renewable Energy Department (HAREDA) for the supply and installation of 792 solar water pumping systems across the state under Component-B of the PM-KUSUM scheme.

With record 40+ GW solar and wind installations (solar: 34.9+ GW, wind: 5.8+GW), 2025 has marked yet another high point in Indian annual renewable capacity additions. The capacity additions have been driven by strong project momentum across all solar segments.

UK-based GlobalData says Taiwan is on course to more than double its current solar capacity by the end of 2035.