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.
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.
Global solar supply chains face renewed price pressure as weak post-holiday demand in China collides with high polysilicon stockpiles, pushing wafer costs lower and weighing on exporters ahead of policy changes.
Sunsure Energy has secured 8 MWp of solar power agreements to supply clean energy to the Tamil Nadu facilities of South Korean automotive companies.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
The next clean-energy boom will be driven not only by renewable generation but by intelligent storage. Tech-enabled, solar-compatible battery energy storage systems (BESS) will make clean energy predictable, resilient, and commercially viable at scale.
Rajesh Power Projects has signed a battery energy storage purchase agreement (BESPA) with state-run Gujarat Urja Vikas Nigam Ltd (GUVNL) for the development of a 65 MW/130 MWh standalone battery energy storage system (BESS) project at Virpore in Gujarat.
EcoFlow has unveiled the single-phase Ocean 2 all-in-one battery inverter at Key Energy in Rimini. The system features a more compact 5 kWh LFP battery stackable up to 30 kWh and offering 100% depth of discharge, 3.4 kW discharge power, and IP66 protection.
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