Asia

Hindustan Power secured nearly 1 GW of solar capacity and over 750 MWh of energy storage projects in 2025, significantly strengthening its renewable energy portfolio as it targets 5 GW capacity by 2028.

India is moving decisively beyond capacity addition toward system-level maturity. Expanded transmission planning, a more diversified energy mix and better regulatory clarity signal a market design that is becoming ever more dynamic and future ready.

GREW Solar has secured a major contract from NTPC Renewable Energy Ltd (NTPC REL) to manufacture and supply 1,464.5 MW (approximately 1.5 GW) of high-efficiency solar PV modules for renewable energy projects across multiple locations in Uttar Pradesh. The cumulative contract value stands at INR 2,028.33 crore.

By combining proven global practices with solutions designed for Indian conditions, offering choices for different customer needs, and continuing to invest in meaningful innovation, India can build a solar ecosystem that is resilient and inclusive.

India’s battery storage landscape is undergoing a decisive transformation in 2025. Across utilities, regulators, and developers, BESS has moved beyond early-stage exploration and is increasingly recognized as an essential component for grid stability, renewable integration, and long-term energy planning.

Alpex Solar Ltd has secured an order valued at INR 65 crore (excluding GST) from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for the supply of off-grid DC solar PV water pumping systems.

Waaree’s Chikhli (Gujarat) manufacturing facility is now listed in the Ministry of New and Renewable Energy’s (MNRE) Approved List of Models and Manufacturers (ALMM) with an approved capacity of 16.444 GW. This takes the company’s total solar module manufacturing capacity in India, including Indosolar, to 20.17 GW.

The Solar Energy Corp. of India (SECI) has invited bids to develop 1 GW/8 GWh of pumped storage capacity across the country, aimed at providing large-scale, on-demand energy storage services to power distribution companies and other buying entities.

Abu Dhabi-based Masdar has signed a power purchase agreement (PPA) for a 200 MW floating solar project in Malaysia, marking its first project in the country under the fifth large-scale solar program.

Bondada Engineering Ltd has secured the balance-of-system (BOS) package for NTPC Green Energy Ltd’s 300 MW solar project at Lalitpur, Uttar Pradesh. With this new addition, its total EPC order book now exceeds 3.3 GW.