BloombergNEF (BNEF) projects a slight year-on-year dip in global solar additions in 2026 as China’s growth eases, even as installations elsewhere continue to rise.
Tier-2 and Tier-3 cities are no longer behind in the solar journey, they are becoming the main growth drivers. With better government support, easier net-metering rules, and more awareness about savings, people in smaller cities are now ready for rooftop solar in a big way.
Waaree Transpower, formerly known as Kotsons, has secured inverter duty transformer (IDT) orders exceeding INR 100 crore within the first month of launch. The company said that these orders, aggregating 1,275 MVA (1.27 GW), have been placed by a leading solar EPC company for deployment across high-capacity solar projects nationwide.
Cricket legend Sachin Tendulkar has invested INR 3.6 crore in Hyderabad-based solar EPC company Suntek Energy Systems, acquiring a 2% stake in the firm.
ArcelorMittal has announced three new renewable energy projects in India totaling 1 GW of nominal solar and wind capacity. Upon completion, the projects will double the company’s renewable energy capacity in India to 2 GW and increase its global total to 3.3 GW.
Market pressure in the solar and storage sectors often favors low-cost solutions, but long-term success depends on balancing price, quality, and reliability for assets designed to operate for decades. Numerous examples, from low-grade silicon modules to residential hydrogen and redox flow storage, show how technically ambitious products can fail when costs, complexity, or durability are misjudged.
Bondada Engineering Ltd has received a Letter of Award (LoA) from NLC India Renewables Ltd (NIRL) for the balance-of-system (BoS) package for 810 MW of solar power projects in Rajasthan.
The 350 MW solar power project, comprising multiple PV plants of varying capacities across several districts of Rajasthan, will be executed in a staggered manner starting in the first quarter of 2026.
Coal India Ltd (CIL) has invited bids for setting up a 20 MW (AC) grid-connected floating solar PV power plant at Chilwa Taal in the Gorakhpur district of Uttar Pradesh.
Trincomalee Power Co. Ltd (TPCL), a 50:50 joint venture between Sri Lanka’s Ceylon Electricity Board and India’s NTPC Ltd, has invited bids for the EPC package of a 50 MW (AC), Phase I ground-mounted solar project at Sampoor, Sri Lanka, while NTPC Green Energy Ltd. (NGEL) has floated a separate tender for an EPC package with land to develop cumulative 100 MW agri-PV projects across four Indian states.
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