Utility Scale PV

Malaysia’s rising power demand, driven by industrial growth and data centers, is exposing grid and capacity constraints, prompting policies like Corporate Renewable Energy Supply Scheme (CRESS) to enable corporate renewable procurement while maintaining system cost recovery. A key factor is the System Access Charge (SAC), whose uncertain future trajectory affects long-term solar PPAs and investment decisions, making scenario-based modelling crucial for assessing project bankability.

Oriana Power has secured an INR 1,180.53 crore contract for the supply of plant and equipment, EPC, and long-term operation and maintenance of a 234 MW grid-tied floating solar PV plant at the Maithon Dam Reservoir.

ACME Solar has secured two power purchase agreements (PPAs) with SJVN Ltd for 300 MW and 150 MW, totaling 450 MW, under a firm and dispatchable renewable energy (FDRE) project. The company also announced the commissioning of an additional 38 MW/82 MWh at its 285 MW/600 MWh battery energy storage system (BESS) project in Jaisalmer district, Rajasthan.

Enrich Energy has secured EPC contract, including land package, for a 300 MW grid-connected solar project to be developed at NTPC Anta, Rajasthan.

While policy discussions focus on solar tariffs and farmer incentives, we see a different challenge emerging on the factory floor: Infrastructure Redefinition. The humble transformer is being asked to do things it was never originally designed to do.

Indian solar manufacturer Premier Energies has completed the acquisition of 104,550 equity shares of HeliosAnthos Energies, securing 51% of the company’s paid-up equity share capital. HeliosAnthos Energies is a joint venture between Premier Energies and BA Prerna Renewables, formed to expand Premier’s presence in the engineering, procurement and construction (EPC) segment of renewable energy projects.

Bondada Engineering Ltd has commissioned 61.7 MWp of solar projects for clients including Paradigm IT and Maharashtra State Power Generation Company Ltd (MAHAGENCO) in March.

India Ratings and Research (Ind-Ra) said the Ministry of New and Renewable Energy’s decision to treat commissioning delays arising from the Supreme Court’s ongoing proceedings in the Great Indian Bustard (GIB) matter as a force majeure‑like event provides material relief to developers of approximately 8.6 GW of renewable capacity.

India installed around 37.8 GW of solar capacity in CY2025. This comprised about 28.6 GW of new utility-scale solar, a 54.6% increase from 2024, and 7.9 GW of rooftop solar, up 72% year on year. Off-grid additions stood at 1.35 GW, compared to 1.48 GW in 2024.

SolarPower Europe has released new technical due diligence guidelines for utility-scale solar-plus-storage projects, covering risk, engineering and lifecycle standards for co-located PV and battery systems.