Join the 3rd SunRise Arabia Clean Energy Conference on April 22, 2026, in Riyadh to explore how solar PV and energy storage are powering the Kingdom’s growing digital economy — including data centers. Secure your spot at the early-bird rate.
Connect with Europe’s energy storage leaders at the Battery Business & Development Forum 2026 in Frankfurt (March 31–April 1) and gain insights into evolving business models, financing strategies, and market trends
Cash grants and state-backed loans to support solar and battery storage installations in millions of UK homes as part of government Warm Homes Plan. UK government says investment has the potential to triple the number of homes with rooftop solar by 2030.
Despite strong industry interest, India’s Advanced Chemistry Cell Production Linked Incentive (ACC PLI) scheme, launched in October 2021, is yet to translate policy ambition into realised capacity. As of October 2025, only 2.8% (1.4 GWh) of the targeted 50 GWh capacity has been commissioned within the stipulated timeline, entirely by Ola Electric—according to a new report by JMK Research and the Institute for Energy Economics and Financial Analysis (IEEFA).
While global solar corporate funding in 2025 fell to the lowest level recorded since 2020, deal count rose to its highest level since 2017. Mercom Capital Group says investors favored smaller, lower-risk, execution-ready projects last year amid policy uncertainty, trade pressures and higher financing costs.
China’s PV manufacturing sector is operating at full capacity ahead of an April 1 export tax change, contributing to module price increases of 20% to 30% in parts of the supply chain and raising risks for price-sensitive European commercial and utility-scale projects in early 2026.
Aerem Solutions, an end-to-end platform for distributed solar, has raised $15 million in a Pre-Series B funding round led by SMBC Asia Rising Fund, the venture capital arm of Sumitomo Mitsui Banking Corp. (SMBC).
Waaree Energies Ltd reported revenue from operations of INR 7,565.05 crore in the third quarter of fiscal year 2026, marking a year-on-year increase of 118.81%. Profit after tax (PAT), after accounting for exceptional items, surged 118.35% YoY to INR 1,106.79 crore.
The centralized cloud model is now under strain. India alone is estimated to have reached roughly 2,070 MW of data center capacity by the end of 2025, up from about 1,255 MW in 2024, driven by AI adoption, 5G rollout, and video led consumption, even as power, land, and network constraints become more visible. At the same time, global data center markets are grappling with power constraints, rising energy costs, and land limitations, making the continued expansion of a few large hubs increasingly inefficient.
AM Group has signed a memorandum of understanding (MoU) with Invest UP, the Government of Uttar Pradesh, to develop a 1 GW high-performance computing (HPC) hub, backed by renewable energy, to serve global AI workloads. The project will entail an investment of around $25 billion.
Rays Power Infra Ltd has secured a 300 MW renewable energy project worth INR 1,912 crore from a state-owned company. Following this award, the company’s total order book stands at over INR 8,000 crore.
ICRA expects the Indian steel industry’s decarbonization to be gradual, with near-term emission reductions driven mainly by higher adoption of renewable energy and improvements in operational efficiency, as high costs and technology constraints limit faster decarbonization.
The four-day Summit will focus on the entire power value chain, including power generation (with emphasis on clean energy systems such as solar, wind, hydro, green hydrogen, etc.), transmission and distribution, energy storage, and energy efficiency solutions.
Smart grids represent a fundamental shift in how electricity networks are planned and operated. By leveraging digital technologies, real-time communication, and automation, smart grids enable utilities to respond dynamically to changing grid conditions. For India, this transformation is critical to maintaining reliability while integrating large volumes of solar and wind power.
The Kauaʻi Island Utility Cooperative in Hawaii, which deployed storage before grid-forming inverters became available, became a test case for diagnosing grid issues that can arise with older grid-following inverters, and how grid-forming inverters can stabilize a grid.
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.
The Indian power system is evolving faster than most global peers. Electricity demand is rising. Rooftop solar, electric mobility, and distributed generation are accelerating. The grid, once designed for predictable one-direction flows, is becoming a dynamic, decentralised organism. To manage it, India requires data that is just as distributed as the energy sources feeding the system. This is where decentralised RF mesh networks have begun to play an important role.
Fujiyama Power Systems Ltd has commenced production at its 1 GW solar cell manufacturing plant in Dadri, Uttar Pradesh. The newly commissioned facility will cater entirely to captive consumption, strengthening the company’s backward integration and supply-chain security.
Rising silver prices are pushing PV manufacturers toward copper-based metallization, with DK Electronic Materials targeting 2026 for large-scale deployment of high-copper paste solutions, while Fraunhofer ISE warns efficiency trade-offs remain unacceptable.
United Solar Holding has secured more than $900 million to complete the financing required for its 100,000 MT polysilicon manufacturing facility in Oman. Production is expected to begin during the first quarter of this year.
Kuldeep Gupta-led ChemVolt Global has signed a memorandum of understanding (MoU) with the Government of Andhra Pradesh to establish a 5 GWh lithium-ion cell manufacturing gigafactory in the state, with a planned investment of INR 2,500 crore.
The European Commission is revising its Cybersecurity Act. While presenting the proposals in European Parliament, the commission’s Executive Vice-President for Tech Sovereignty, Security and Democracy, Henna Virkkunen, said dependency on a very limited number of solar inverter suppliers could “pose a significant security risk.”
Iola Hughes, Head of Research at Benchmark Mineral Intelligence, tells ESS News that 2026 is set to be another strong year for BESS, with forecast additions exceeding 450 GWh and no material supply constraints in sight. Meanwhile, the initial impact of rising lithium prices is already visible at the cell level, but the full effect has yet to ripple through to system pricing.
GoodEnough Energy has commissioned a 7 GWh battery energy storage system (BESS) factory in Noida, marking the largest such facility in India. The company plans to expand the facility’s capacity from 7 GWh to over 25 GWh over the next three years.
Egypt’s Kemet has signed three agreements with Chinese companies over the last week, covering plans for a 5 GW solar cell complex, a 5 GWh battery energy storage factory and Egypt’s first solar inverter factory.
Energy storage for homes—anchored by hybrid inverter systems—will lead the next phase of solar growth in India. Not as an upgrade, but as a necessity for a nation building toward energy independence by 2047.
The federal government has unveiled new details of its plan to create a $1.2 billion critical mineral reserve. Three minerals will initially be the focus: antimony, gallium and rare earths (a group of 17 different elements).
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.
Setting up solar projects in harsh terrains is more than an engineering challenge—it is a test of planning, adaptability, and execution discipline. As India’s solar capacity continues to expand, the next 100 MW of installations will increasingly come from regions where conditions are difficult but potential remains high.
A new generation of sodium-ion (Na-ion) battery cells has been launched as an alternative to the virtual monopoly of lithium-ion (Li-ion). Although the technology is unlikely to displace significant Li-ion market share, recent improvements make Na-ion a viable solution for certain niche applications, with potential for wider usage if cost becomes competitive.
High solar irradiation, expanding wind corridors, improving transmission infrastructure, and declining storage costs position India to be one of the largest contributors to incremental global renewable capacity additions by 2030. This also strengthens India’s role as a long-term hub for renewable project execution talent.
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.
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