Installations

Climate fintech company Hygge Energy and rooftop solar solutions provider Atria Renewable have signed a memorandum of understanding (MoU) to accelerate rooftop solar adoption and enable peer-to-peer (P2P) solar energy trading in Bengaluru, Karnataka.

GREW Solar has secured a repeat order worth approximately INR 500 crore from a domestic independent power producer (IPP) for the supply of its high-efficiency M10R TOPCon PV modules. The modules will be deployed at the developer’s upcoming utility-scale solar projects across multiple locations in India.

An Algerian research team has developed a smart water-spray cooling system for PV panels that activates only when temperatures exceed a set threshold, boosting efficiency while minimizing water use in desert conditions. The system raised power output and reduced module temperatures, offering similar efficiency to continuous cooling but with far lower water consumption, pump operation, and costs.

Waaree Renewable Technologies Ltd has secured a contract for the execution of engineering, procurement and construction (EPC) works of a 300 MW AC (420 MWp) ground-mount solar PV plant. The project is scheduled for completion during the financial year 2027-28.

Noida-based Involtics has launched the GTSI series of single-phase hybrid inverters (3 kW/3.6 kW/5 kW/6 kW) for residential solar applications. The inverters work seamlessly with solar panels, batteries (lead-acid and lithium-ion), and the grid to deliver continuous power for household loads.

Japan has allocated 79 MW of PV capacity in its latest procurement exercise. The lowest price in the auction was JPY 0/kWh.

The 250 MW solar project in Kadapa district of Andhra Pradesh is now fully operational following the commercial operation of the remaining 91.6 MW capacity.

India’s renewable energy expansion will extend beyond utility-scale projects to distributed renewable energy, green open access and emerging prosumer models enabled by digital platforms and the India Energy Stack as the nation advances toward its vision of becoming a developed nation by 2047.

ABB will invest a further $75 million in India during 2026 to significantly expand its manufacturing and research and development (R&D) capabilities for critical electrification and automation solutions.

Industrial energy procurement has broadened in scope. Tariffs remain an important part of the decision, alongside a wider set of considerations. Buyers now weigh reliability, predictability, sustainability, and long-term exposure alongside price.