Scatec secures PPA for Africa’s largest solar-plus-storage project
Scatec has inked a 25-year power purchase agreement in Egypt for a 1.95 GW solar, 3.9 GWh battery energy storage project, representing the developer’s largest investment to date.
KP Group commits INR 4,000 crore investment to develop 605 MW solar and 250 MW wind–solar hybrid projects in Gujarat
KP Group has entered into a Memorandum of Understanding (MoU) with the Government of Gujarat for the development of 855 MW of renewable energy projects with an investment of around INR 4,000 crore in the state.
Solar module efficiency could exceed 35% by 2050
A new Perspectives research study on the future of the global PV supply chain outlines how module prices, performance, and lifetimes could evolve over the next 25 years. The work reflects a collaboration among leading solar research institutions worldwide. One of the study’s authors, the director of the Fraunhofer Institute for Solar Energy Systems (ISE), told pv magazine that solar module and cell efficiencies could exceed 35% by 2050, with panel prices expected to drop by a factor of two.
Why rare earth and advanced materials are critical to India’s next manufacturing leap
Every additional EV, wind turbine, transmission line, or storage system intensifies pressure on supply chains that are already concentrated and geopolitically sensitive. Competing solely on mining is neither sufficient nor sustainable.
Global solar enters period of adjustment, as market conditions redefine rules of competition
Global solar growth is flattening in major markets as oversupply from China and India drives prices down and shifts competition from sheer volume to execution, policy alignment, and system integration. Across the U.S., Europe, and China, energy storage is becoming essential for project viability, making PV-plus-storage and strong EPC partnerships the new basis for winning projects in 2026 and beyond.
Ola Electric enters residential battery storage market with launch of first product powered by indigenous 4680 Bharat Cells
Ola Electric has rolled out Ola Shakti, a residential battery energy storage system (BESS), from its gigafactory in the Krishnagiri district of Tamil Nadu. Powered by Ola Electric’s indigenous 4680 Bharat Cells, Ola Shakti is India’s first residential BESS to be fully designed, engineered, and manufactured domestically.
Uniper, AM Green sign long-term offtake agreement for up to 500,000 tons per year of renewable ammonia from India
Uniper has signed the agreement to offtake up to 500,000 tons per year from AM Green’s green ammonia projects. The first shipment is expected to happen as early as 2028 from AM Green Ammonia’s first 1 million ton per annum (MTPA) under construction plant in Kakinada, Andhra Pradesh.
Shakti Pumps wins order for 16,780 solar pumps in Karnataka
Shakti Pumps (India) Ltd has secured an order from Karnataka Renewable Energy Development Ltd (KREDL) for the installation of 16,780 solar PV water pumping systems under Component B of the PM-KUSUM Scheme. The aggregate order value is INR 654.03 crore (inclusive of GST).
RenewSys launches reel-format sheet encapsulants for junction box and busbar insulation in solar modules
RenewSys India has launched CONSERV AUGMENSHEET, a sheet encapsulant for insulation and sealing of busbar and junction box areas in solar modules. Supplied in reel format, the product supports automatic feed-in on fully automated module manufacturing lines, enabling higher productivity and consistent processing for next-generation solar module production.
Rajasthan tenders 2.45 GW solar power projects with battery storage at Pugal Solar Park
Rajasthan Solar Park Development Co. Ltd (RSDCL) has launched a tender inviting proposals to set up 2,450 MW of state transmission utility (STU)-connected solar PV power projects with 1,600 MW/6,400 MWh battery energy storage systems at the Pugal Solar Park in Bikaner district of Rajasthan. The projects will be developed on a build-own-operate (BOO) basis.
