⚡ Quick Read What happened: NHPC has issued a tender for 30.93 MW of grid-connected rooftop solar projects across various districts in Haryana, with a bid submission deadline of April 22, 2026. Why it matters: This tender offers a significant opportunity for EPC contractors to secure government-backed rooftop projects with a clear nine-month execution timeline…
⚡ Quick Read What happened: The CERC has officially adopted tariffs of ₹3.32-₹3.33/kWh for SJVN’s 1.2 GW solar-plus-storage projects, which include 600 MW/2.4 GWh of energy storage. Why it matters: The approval validates the competitive bidding process for hybrid storage projects and sets a clear regulatory precedent for trading margins in the absence of payment…
⚡ Quick Read What happened: The CERC has granted TEQ Green Power XI (O2 Power) a one-month extension to commission the remaining 10.8 MW of its 151.2 MW wind project and inject infirm power. Why it matters: This ruling highlights the regulatory flexibility available to developers facing project delays due to external factors like right-of-way…
⚡ Quick Read What happened: Tesla is scaling up to 100 GW of annual solar manufacturing capacity in the U.S. by 2028, supported by a $2.9 billion equipment procurement plan from Chinese suppliers. Why it matters: The massive scale of this manufacturing expansion signals a potential shift in global PV supply chain dynamics and hardware…
⚡ Quick Read What happened: The ‘Compute Per Megawatt’ (CPM) framework is redefining behind-the-meter battery storage as a strategic asset to unlock computing capacity for AI-driven data centers. Why it matters: EPCs and developers can pivot from traditional revenue-generating storage models to high-value behind-the-meter solutions that solve grid constraint issues for hyperscalers. Watch: Increasing demand…
⚡ Quick Read What happened: ACME Solar commissioned the second phase of its Bikaner BESS project, adding 35.714 MW / 160.48 MWh to reach a total operational capacity of 95.714 MW / 430.086 MWh. Why it matters: This project represents one of India’s most significant utility-scale battery deployments, setting a technical benchmark for managing intermittency…
⚡ Quick Read What happened: Madhya Pradesh saw a 142% year-over-year growth in solar open access capacity in 2025, with open access now accounting for 23% of the state’s large-scale solar installations. Why it matters: Rising grid tariffs and export market sustainability mandates are driving C&I consumers to prioritize rooftop solar, captive projects, and battery…
⚡ Quick Read What happened: GS Power Partners secured a $250 million debt facility, while KKR announced a $310 million investment in India’s e-bus sector alongside PMI Electro and Allfleet. Why it matters: These capital injections signal robust investor confidence in renewable project development and the accelerating electrification of public transport in India. Watch: The…
⚡ Quick Read What happened: The Central Electricity Authority projects India’s peak power demand will reach 459 GW by 2036, while CERC has adopted tariffs for 1,500 MW of NTPC solar projects and 1,670 MW of NHPC solar projects. Why it matters: The massive capacity expansion and regulatory tariff adoption provide clear price discovery benchmarks…
⚡ Quick Read What happened: Arevon Energy secured $920 million for a 1.2 GWh BESS project in California, while rPlus Energies raised $650 million for its 520 MW Blacks Creek Energy Center in Idaho. Why it matters: These large-scale capital inflows demonstrate robust investor appetite for long-duration storage and hybrid projects, signaling a global trend…