ENGIE secures 100 MW solar PPA with SECI
ENGIE has signed a power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI) for a 100 MW solar PV project in Barmer, Rajasthan. Located in one of India’s highest solar irradiance zones, the Barmer project is set for commissioning in 2027.
Solar power during monsoons: Busting the myth
Solar panels typically experience only a 10-20% reduction in output during monsoons, not a complete shutdown. The reason is simple: modern panels efficiently capture diffused light, converting scattered sunlight even on cloudy days.
IEA says cost of capital for solar remains high in Southeast Asia
The International Energy Agency (IEA) says the cost of capital for solar remains higher in Southeast Asian countries than it does in other emerging and developing economies.
IEA lowers 2025-30 forecast for global solar growth
The International Energy Agency (IEA) cut its 2025–30 renewables forecast by 5%, citing lower solar additions, though PV still represents nearly 80% of 4.6 TW expected growth.
Bondada Engineering commissions 78.3 MW solar projects across India
Bondada Engineering Ltd (BEL) has announced the commissioning of 78.3 MW of solar power projects for leading private-sector power producers including NLC, Paradigm IT, and Mahagenco, across multiple locations in Hingoli, Dhule, and Pathardi (Maharashtra), Neyveli (Tamil Nadu), and Amaravati (Andhra Pradesh), as on September 30, 2025.
Avaada Group signs INR 36,000 crore MoU with Gujarat govt to set up 5 GW solar, 1 GW wind, 5 GWh BESS projects
Avaada Group has signed a Memorandum of Understanding with the Government of Gujarat to establish 5 GW of solar power projects, 1 GW wind power project and 5 GWh of battery energy storage system projects with a total investment of INR 36,000 crore.
Eighth Assembly of International Solar Alliance scheduled from Oct. 27-30 in New Delhi
The International Solar Alliance (ISA) Assembly will focus on four key areas: catalyzing finance for solar projects, building global capability centres and advancing digitization, enhancing regional and country-level engagement, and developing technology and policy roadmaps.
Germany wraps up solar-plus-storage tender with average price of €0.0531/kWh
Germany has concluded a new renewables tender for innovative projects, securing 485 MW of capacity at final prices ranging from €0.0479 ($0.0557)/kWh to €0.0559/kWh
Sembcorp to acquire ReNew’s 300 MW solar assets in Rajasthan
Sembcorp Industries has announced the signing of an agreement to acquire ReNew’s 300 MW solar power asset in Rajasthan. The acquisition, valued at around S$246 million, will increase Sembcorp’s gross renewable energy portfolio in India to 6.9 GW.
IEA revises India’s 2025-30 renewables growth forecast upward by 10%
The International Energy Agency (IEA) expects India to add nearly 345 GW of renewable energy capacity between 2025 and 2030 — a 10% increase over last year’s forecast. The upward revision is driven by record auction volumes in 2024, a new rooftop solar scheme, and faster permitting for pumped storage hydropower projects.
