Utility Scale PV

Crisil Ratings has assigned higher ratings to five special purpose vehicles (SPVs) of SAEL Industries Ltd, citing revenue stability, adequate debt coverage metrics, and execution capabilities across SAEL’s solar power generation and PV module manufacturing operations.

Deployment hits ten year high in the United Kingdom with connection of largest plant to date and a ramping up of small-scale installations. Government targets accelerated deployment with new support for rooftop installations and ongoing CfD auction.

China installed a record 315 GW of new solar capacity in 2025, lifting cumulative installed PV capacity to 1.2 TW and pushing non-fossil power sources past thermal generation for the first time.

KPI Green Energy Ltd has commenced power generation and supply from its 200 MW AC (240 MW DC) grid-connected solar project awarded by Gujarat Urja Vikas Nigam Ltd (GUVNL). It had secured this IPP project through a competitive bidding process.

New documents reveal US government found only two cases of communications in Chinese inverters that differed from official documentation. The discrepancies were deemed “non-malicious” and “non-intentional” by investigators.

The newly formed Nextpower Arabia joint venture has secured an order to supply 2.25 GWp of advanced solar tracking systems for Saudi Arabia’s Bisha solar project, which is being developed by an ACWA Power–led consortium, with Larsen & Toubro (L&T) serving as the execution partner.

India must mobilise around $145 billion in annual energy investment to sustain economic growth while pushing its net-zero ambitions. The bulk of this capital will be directed toward scaling up renewable power generation, grid infrastructure modernization, and energy storage, according to Wood Mackenzie.

The upcoming budget must prioritize in-house technology and equipment development, provide clarity on delayed power purchase agreements (PPAs) and power sale agreements (PSAs), increase budgetary allocation and policy support for Green Energy Corridors, introduce production-linked incentives for battery energy storage system (BESS) manufacturing, establish an Approved List of BESS Integrators (ALBI), lower the cost of capital through priority sector lending, extend ALMM for solar cells, and continue the ISTS waiver, among other measures.

Tata Power Renewable Energy Ltd has commissioned 10 GW of EPC projects to date, including 1.88 GW operationalized during the first nine months of FY26.

Waaree Renewable Technologies Ltd’s board of directors has approved the acquisition of an approximately 55% stake in Associated Power Structures Ltd for INR 1,225 crore.