Asia

A modern grid must balance growing demand from new sources like electric vehicles (EVs) with the intermittent supply from renewable sources like solar and wind power. AI-powered smart grids use sophisticated algorithms to forecast power demand and match it with fluctuating renewable generation in real time.

TOPCon led module manufacturing capacity additions with 39.9 GW, followed by 3 GW of monocrystalline modules. For the first time, 1.2 GW of HJT module capacity was added in the country.

Adani Green Energy Ltd has operationalized 87.5 MW solar, 124.8 MW wind, and 195.8 MW hybrid power projects at Khavda, Gujarat, through its various stepdown subsidiaries.

Oyster Renewable Energy has achieved financial closure for its 342 MW solar-wind hybrid power project in Madhya Pradesh by securing a project loan of INR 1,844 crore from Union Bank of India.

Loom Solar has introduced the Fusion 103H three-phase 10kW/48V hybrid inverter combining the functions of a traditional solar inverter and a battery inverter in a single device. The inverter is designed for both on-grid and off-grid use and is suitable for larger homes, commercial buildings, and industries.

Prime Minister Narendra Modi recently laid the foundation stone of Solar Energy Corp. of India Ltd’s 300 MW AC solar PV project in Andhra Pradesh virtually. The project, located Ramagiri in Sri Sathya Sai district, is SECI’s largest self-owned solar PV installation.

The introduction of electricity futures (derivatives) marks a significant step forward in modernizing India’s power market. The benefits are numerous: it offers a strong mechanism for hedging against price fluctuations; promotes more transparent and competitive price discovery; and improves overall market efficiency

The Approved List of Models and Manufacturers for solar wafers (ALMM List III) could enable solar manufacturers that establish wafer capacity early to achieve superior margins in FY2029/30, as wafer demand is expected to align with broader market demand thereafter.

NTPC Green Energy Ltd (NGEL) is inviting Expressions of Interest (EoIs) from global and Indian developers to set up green hydrogen and/or green chemical projects within India’s first National Green Hydrogen Hub at Pudimadaka, near Visakhapatnam, Andhra Pradesh.

Prime Minister Narendra Modi today laid the foundation stone of Avaada Group’s 1,560 MWp solar plus 2,500 MWh battery energy storage system (BESS) project in Pugal, and also inaugurated its 200 MW AC (282 MWp) solar power plant in Shri Dungargarh, both located in Rajasthan’s Bikaner district.