India eyes 230 GWh of energy storage to meet 300 GW peak power demand
With peak power demand expected to approach 300 GW in the coming years and electricity demand growing at 6–7% annually, India would require nearly 230 GWh of energy storage capacity by 2030 to ensure grid stability, flexibility and reliability—said Bhupinder Singh Bhalla, Former Secretary, MNRE, at the Indian Power & Energy Storage Conference 2025, organised by FICCI.
WattPower surpasses 18 GW of inverter sales in India
WattPower has sold more than 18 GW of utility-scale string inverters across India over the last two and a half years.
Vikran Engineering secures INR 2,035 crore EPC order for 600 MW solar power projects in Maharashtra
Vikran Engineering Ltd has received an EPC order worth ₹2,035.26 crore from Onix Renewables Ltd for the development of 600 MW (AC) solar power projects across multiple locations in Maharashtra.
BNEF flags potential global solar slowdown in 2026 as China cools
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.
Waaree Transpower secures 1.27 GW inverter duty transformer order from leading solar EPC company
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.
Sachin Tendulkar invests in solar EPC firm Suntek Energy
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 to add 1 GW of solar and hybrid renewable energy capacity in India
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.
Too much to choose from, too little to decide
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 secures INR 945.10 crore solar EPC order from NLC India Renewables
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.
TPCL tenders EPC package for 50 MW solar in Sri Lanka, NGEL invites bids for 100 MW agri-PV projects in India
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.
