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“We’re ready to support our customers’ energy transition—whether from electrons or molecules”: Thermax executive VP

Arun Unni, Executive Vice President and Business Head – New Energy & Head of Strategy at Thermax, speaks to pv magazine about the evolving green hydrogen market, electrolysis economics, and the company’s ambitions in this space through global technology tie-ups. He also discusses the emerging carbon credit trading system and new opportunities for Thermax in biomass, sustainable fuels, and round-the-clock renewable energy solutions.

India adds 7.8 GW of open access solar in 2025

Cumulative open-access (off-site commercial and industrial) solar installations surpassed 30 GW as of Dec. 31, 2025.

REC conducts live demo of peer‑to‑peer decentralized energy transaction at India AI Impact Summit 2026

During the live peer-to-peer energy trading demo, Arun Singh, a farmer from Meerut (Uttar Pradesh), used a secure, blockchain‑enabled platform to sell surplus solar‑generated electricity directly to Lakshmi, a garment shop owner in Delhi.

ACME Solar secures PPA with SECI for 190 MW wind-solar hybrid project

ACME Solar arm ACME Urja One has signed a 25-year power purchase agreement with Solar Energy Corp. of India (SECI) for a 190 MW wind-solar hybrid project with assured peak power supply.

India’s 2030 battery gigafactory ambition: Strengths, bottlenecks and solutions

The number of operational battery gigafactories will increase significantly, with more than 30 manufacturing sites expected to be in operation by 2030, targeting a total production capacity exceeding 290 GWh. However, challenges such as raw material and skilled labor shortages, insufficient R&D investment, and a lack of long-term strategic planning remain.

Saatvik Green Energy secures INR 44.10 crore solar module order

Saatvik Solar Industries has received and accepted an order worth INR 44.10 crore for the supply of solar PV modules. The order is scheduled for execution by March 2026.

Renewables’ share to reach 26% of total power generation by FY2026-end: Infomerics Ratings

Infomerics Ratings expects renewable energy (RE) to account for 26% of India’s total power generation by the end of FY2026, despite softer demand conditions.

Global Energy Alliance announces $25 million Grids of the Future Accelerator platform

The Global Energy Alliance for People and Planet has launched the India Grids of the Future Accelerator platform to modernize power distribution, integrate renewable energy and storage, and prepare India’s grids for rapid demand growth.

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Maxvolt Energy partners IIT Roorkee to develop AI‑driven BMS for energy storage and electric mobility solutions

Maxvolt Energy, a Ghaziabad-based lithium battery pack manufacturer, has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Roorkee to jointly develop an AI‑driven battery management system (AI‑BMS) for next‑generation energy storage and electric mobility solutions.

Adani commits $100 billion to renewables-powered AI-ready data centres 

Adani Group has announced an investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centre capacity in India by 2035.

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