India

Candi Solar, a provider of distributed solar solutions for commercial and industrial (C&I) businesses, has secured $58.5 million in funding led by the International Finance Corp. (IFC), a member of the World Bank Group. The facility will directly finance nearly 200 MWp of new projects.

Modern wind turbines and solar plants generate large volumes of operational data. By leveraging analytics, inefficiencies can be identified, performance assessed in real-time, and emerging issues addressed before they escalate. A dynamic operations and maintenance (O&M) support system builds on this intelligence to provide a strong grip on performance levels while minimising downtime.

Waaree Energies will supply 350 MW of TOPCon G12R modules to power AMPIN’s flagship solar projects across India. The delivery of the modules is scheduled to be completed by March 2026

JMK Research expects India to add around 41.5 GW of new solar capacity in FY2026 (twelve months ending March 31, 2026). Of this annual addition, around 32 GW is expected to come from utility-scale projects, 8 GW from rooftop solar, and 1.5 GW from off-grid systems.

Premier Energies now holds 80% of Premier-Green Aluminium, the JV company formed for manufacturing aluminium frames for solar PV modules, with Nuevosol Energy holding the remaining 20%.

The country’s planned steel capacity expansion presents an opportunity to adopt cleaner technologies if supported by the right financing pathways.  

As renewable capacity rises, the question is no longer whether India can generate green power. The real challenge is whether the grid can absorb it smoothly and deliver it reliably when people actually need it. This is where battery energy storage systems (BESS) are increasingly seen not as a luxury but as a core part of grid planning.

Sunsure Energy has signed a long-term solar power purchase agreement (PPA) with Bisleri International to supply solar power to Bisleri’s manufacturing facility in Sahibabad, Ghaziabad, Uttar Pradesh. The power will be sourced from Sunsure’s 82.5 MWp solar plant in Erach, Uttar Pradesh.

Sterling and Wilson Renewable Energy Ltd (SWREL) has received a Letter of Award for the engineering, procurement, and construction of a 240 MW AC solar PV project in South Africa. This is the company’s second international order from South Africa this fiscal, secured within two months.

Around 92% of the required investments—about $3.79 trillion—would flow into the energy transition, spanning renewable energy, storage, clean mobility, and green hydrogen.