Installations

ENGIE has secured a 200 MW solar project paired with a 100 MW/600 MWh battery energy storage system (BESS) in India. The project was awarded through a competitive bidding process conducted by the Solar Energy Corp. of India (SECI).

Solar additions in CY2025 comprised 28.6 GW of new utility-scale solar capacity (up about 54.6% year-on-year), 7.9 GW of rooftop solar capacity (a 72% YoY increase), and 1.35 GW of off-grid/distributed solar capacity (8.8% lower than installations in CY2024).

An international research group has conducted a literature review of capital expenditure-driven levelized cost of electricity optimization strategies for utility-scale PV systems. Tracking optimization, system voltage escalation, and advanced system design are identified as the most promising cost reduction areas. “The next wave of PV research must be LCOE-native, system-level, and deployment-validated,” a member of the research group said.

Only around 50% of standalone battery energy storage system (BESS) projects analyzed in India demonstrate positive project economics under modeled assumptions, according to Mercom India Research’s newly released LCOS and Bidding Trends in Indian Energy Storage Projects report. The projects assessed were auctioned between July and November 2025.

Meghmani Organics Ltd has signed an agreement with Pro-Zeal Green Power Fifteen Private Ltd to procure a contracted capacity of 3.30 MW from a wind–solar hybrid (WSH) power project located in the state of Gujarat.

Scatec has inked a 25-year power purchase agreement in Egypt for a 1.95 GW solar, 3.9 GWh battery energy storage project, representing the developer’s largest investment to date.

KP Group has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat for the development of 855 MW of renewable energy projects with an investment of around INR 4,000 crore in the state.

Every additional EV, wind turbine, transmission line, or storage system intensifies pressure on supply chains that are already concentrated and geopolitically sensitive. Competing solely on mining is neither sufficient nor sustainable.

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.