⚡ Quick Read What happened: Researchers at UFSC validated that 23-year-old polycrystalline solar modules retain 87-88% of original power with stable annual degradation rates of approximately 0.44%. Why it matters: While technically viable, the economic case for second-life modules remains challenging as new, high-efficiency panel prices continue to decline. Watch: Future developments in circular economy…
⚡ Quick Read What happened: Solarium Green Energy secured a 50 MW (AC) turnkey solar EPC contract from Maharashtra State Power Generation Company Ltd (MAHAGENCO) valued at INR 188.525 crore. Why it matters: The project includes a comprehensive scope covering end-to-end EPC services and a three-year operation and maintenance (O&M) mandate, signaling continued state-level investment…
⚡ Quick Read What happened: Enviro Infra Engineers Ltd (EIEL) has secured EPC contracts from NTPC for battery energy storage systems (BESS) totaling 930 MWh, valued at over INR 1,070 crore. Why it matters: This move signals a significant entry of a major infrastructure player into the BESS market, highlighting the growing demand for grid-scale…
⚡ Quick Read What happened: Italy’s regulator ARERA approved Terna’s proposal to auction 16 GWh of storage capacity for 2029 under the MACSE mechanism. Why it matters: This massive procurement signals a shift toward large-scale grid stability, offering a blueprint for global markets integrating high renewable penetration. Watch: The final auction volume definition, which will…
⚡ Quick Read What happened: Solarworld secured a 200 MW solar BOS contract in Bikaner, Rajasthan, and two BESS EPC orders totaling 182 MW/364 MWh at NTPC thermal sites. Why it matters: These wins highlight the growing integration of BESS into existing thermal power infrastructure and the continued demand for utility-scale BOS expertise. Watch: Execution…
⚡ Quick Read What happened: WBSEDCL has invited bids for 500 MW/2,000 MWh of standalone battery energy storage systems (BESS) to be installed under a build-own-operate model. Why it matters: This is a significant move for developers and EPCs to enter the West Bengal storage market with land provided by the state at a nominal…
⚡ Quick Read What happened: The MNRE has approved a 500 MW pilot Contracts for Difference (CfD) program, while the CERC finalized the ‘X’ value for the 2024 Deviation Settlement Mechanism (DSM) regulations effective April 2026. Why it matters: The CfD pilot introduces a new revenue stability model for developers, and the DSM updates clarify…
⚡ Quick Read What happened: The Gujarat Electricity Regulatory Commission (GERC) has issued a tender for consultancy services to develop a Resource Adequacy Framework, with a bid submission deadline of April 15, 2026. Why it matters: This initiative will standardize how Gujarat’s DISCOMs, SLDCs, and STUs plan for power demand, directly impacting future procurement strategies…
⚡ Quick Read What happened: The Supreme Court ruled that the Maharashtra government has the authority to withdraw or modify electricity duty exemptions for captive power, provided a one-year notice period is given. Why it matters: This verdict clarifies that fiscal concessions are not vested rights, potentially impacting the long-term ROI calculations for industrial captive…
⚡ Quick Read What happened: The Union Cabinet has eased FDI norms for land-bordering nations, allowing up to 10% non-controlling beneficial ownership via the automatic route for solar, electronic, and capital goods manufacturing. Why it matters: This policy shift aims to bridge critical upstream gaps in polysilicon, ingot, and wafer production, reducing India’s structural dependence…