Asia

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.

Inox Clean Energy Ltd has raised around INR 3,100 crore through an equity round involving the company and its subsidiary, Inox Solar Ltd. The company said the equity infusion will support its plans to achieve 10 GW of installed IPP capacity and 11 GW of integrated solar module manufacturing capacity by FY28.

L&T Construction has commissioned 185 MW of grid-connected solar capacity coupled with a 254 MWh battery energy storage system at Kajra in Bihar’s Lakhisarai district, marking India’s largest commissioned solar-plus-BESS project to date.

TP Solar Ltd, the solar manufacturing arm of Tata Power Renewable Energy Ltd (TPREL), produced 2.8 GW of solar cells and 2.9 GW of modules during the nine-month period ended Dec. 2025 (9M FY26).

While 2025 was marked by an unprecedented 102 GWh of energy storage tenders, 2026 will see projects awarded since mid-2023 finally materialize into commissioned assets, in line with typical project timelines of 18–24 months.

Delta Electronics India will supply 100 units of its made-in-India 1.1 MW bi-directional power conditioning systems to Prostarm’s battery energy storage projects for power utilities, including Bihar State Power Generation Company Ltd and Adani Electricity Mumbai Ltd.

Bondada Engineering Ltd has commissioned 120.46 MWp of solar power capacity in December 2025 for clients including Paradigm IT, Maharashtra State Power Generation Co. Ltd (MAHAGENCO), and NLC India Ltd.

NTPC Renewable Energy Ltd has tendered the engineering, procurement and construction (EPC) package for the development of a 250 MW ground-mounted solar power project integrated with a 50 MW/200 MWh battery energy storage system (BESS) at Sitapur, Uttar Pradesh.

Tata Power Renewable Energy added more than 1 GWp rooftop solar capacity within the first nine months of FY26—a 125% YoY growth over 444.78 MWp installations achieved in the corresponding period of FY25.

Waaree Energy Storage Solutions has raised INR 1,003 crore to support the development of a 20 GWh lithium-ion cell and battery pack manufacturing facility.