LeapFrog leads with $50 million, joined by co‑investors Emerging Market Climate Action Fund and Carlyle AlpInvest.

GlobalData says global renewable capacity will more than double to 8.4 TW by 2031, with PV reaching nearly 6 TW, a 13% compound annual growth rate from 2025 levels of 4.1 TW.

As India’s clean energy ambitions scale, investment will increasingly follow regions that can deliver outcomes, not just intent. Gujarat’s experience suggests that long-term renewable growth depends as much on institutional preparedness and grid integration as it does on natural resources.

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.

Researchers at Germany’s Fraunhofer FKIE institute developed PowerRange, a virtual simulation platform that helps power grid operators safely test cybersecurity measures and respond to realistic cyberattacks. The platform supports both traditional and renewable grids, offering immersive training across IT, OT, and control systems while highlighting the importance of coordination, communication, and practical defense strategies.

OXMIQ Labs will provide data center and system infrastructure advisory for AMI Labs’ upcoming gigawatt-scale AI computing facility powered by renewable energy in India.

Kärcher aims to build a closed-loop cleaning ecosystem for India’s solar industry, covering both PV manufacturing environments and the long-term maintenance of PV plants.

Ultra high voltage transmission corridors, including 765kV networks, are increasingly becoming the backbone of this energy transition. These corridors enable bulk power transfer across long distances while maintaining system availability. By consolidating large volumes of electricity onto fewer transmission lines, they also reduce the need for extensive land acquisition and infrastructure duplication, which are often major constraints in transmission expansion.

The new prototype ranks among the most advanced sodium‑ion battery systems reported worldwide.

As India’s renewable ecosystem continues to mature, open access solar is set to become a cornerstone of corporate energy strategy—delivering both financial savings and sustainability gains. Policy clarity, improved transmission infrastructure, and incentives for storage integration will be critical to unlocking the next phase of growth

Energy requirements evolve over time, and solar systems must be designed with adaptability in mind. Design-led innovation supports scalability through modular architectures that allow systems to expand or integrate complementary technologies such as energy storage.

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.

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.

Delta Electronics India, in collaboration with the Tamil Nadu Skill Development Corp. (TNSDC), has inaugurated a Centre of Excellence (CoE) in Robotics and PLC Automation at the College of Engineering, Bargur, in Krishnagiri district, Tamil Nadu.

India has launched the Hydrogen Valley Innovation Cluster under the National Green Hydrogen Mission to accelerate the transition of green hydrogen technologies from laboratory research to industrial deployment.

Peak Energy says it will deploy the first sodium-ion battery in the Midcontinent Independent System Operator (MISO) service area with RWE Americas in eastern Wisconsin, using passively cooled grid-scale storage that cuts auxiliary power use by 90% and lowers lifetime storage costs by $70/kWh.

P3C Technology and Solutions has launched an industry-focused perovskite validation platform to help manufacturers and technology developers test and validate perovskite modules.

Waaree Energies Ltd has begun construction of an integrated solar ingot and wafer manufacturing facility in Butibori, Nagpur. The facility will have an annual production capacity of 10 GW each for solar ingots and wafers, making it India’s largest integrated ingot and wafer manufacturing complex.

The facility is designed as a scalable platform, with a roadmap to expand from 30 MW to 100 MW by the end of 2026, 300 MW by 2027, and ultimately 1 GW of annual manufacturing capacity. 

Saatvik Green Energy has incorporated a wholly owned subsidiary, Saatvik Power Storage Solutions. The newly formed entity will focus on the development and deployment of battery energy storage systems for utility-scale, commercial & industrial, residential and distributed renewable energy applications.

PowerHive, the battery and energy storage arm of Vikram Solar, has launched its VION lithium battery product range, marking the company’s entry into distributed battery storage for electric mobility and residential energy backup.

Ashok Leyland, a Hinduja Group-owned commercial vehicle manufacturer, has begun the construction of a greenfield EV battery pack manufacturing facility at Pillaipakkam near Chennai. The project would entail an investment of INR 400-500 crore.

China has deployed its first 1.25 MW urban vanadium flow battery (VFB), supporting peak AC loads and offering a safer alternative amid tighter lithium-ion storage regulations in dense urban environments.

Under the PPAs, ACME Solar Holdings will supply 1,800 MWh of assured peak power (450 MW × 4 hours) during non-solar hours from interstate transmission system (ISTS)-connected renewable energy projects in India, with 90% availability on both a monthly and annual basis.

Solar Energy Corp. of India (SECI) has invited bids from developers to set up renewable energy projects on a build-own-operate (BOO) basis to supply 1 GW of power on a round-the-clock (RTC) basis. Energy storage systems (ESS) will be a mandatory component of the projects.

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.

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.

Several EV and charging components such as rectifiers, power modules, semiconductors, battery cells and PCBs are still largely imported. These create ecosystem-wide challenges including supply volatility, cost exposure, limited local integration, and scaling constraints. However, these gaps also represent one of India’s biggest opportunities.

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.