⚡ Quick Read What happened: Adani Green Energy (AGEL) has commissioned 951 MW of renewable capacity, comprising 926 MW of solar and 25 MW of hybrid projects across Rajasthan and Gujarat. Why it matters: The milestone pushes AGEL’s total operational capacity to 18,933.3 MW, reinforcing its dominant position in the Indian utility-scale renewable market. Watch:…
⚡ Quick Read What happened: FOB China TOPCon M10 solar cell prices fell 0.36% to $0.0558/W, while n-type M10 wafer prices dropped 3.92% to $0.147/piece. Why it matters: Lower upstream costs provide Indian developers and EPCs with potential leverage to negotiate better module pricing in upcoming procurement cycles. Watch: The impact of China’s April 1…
⚡ Quick Read What happened: India is transitioning to ‘Solar 2.0,’ a phase prioritizing high-efficiency n-type modules (TOPCon/HJT) and decentralized applications like PM Surya Ghar and agrivoltaics over mere capacity expansion. Why it matters: EPCs and developers must pivot from volume-based metrics to energy generation per square foot, utilizing advanced hardware to navigate urban space…
⚡ Quick Read What happened: Rays Power Infra, through its subsidiary Bhalki Solar Power, won a 200 MW round-the-clock (RTC) renewable energy contract from REMCL, valued at INR 5,000 crore. Why it matters: The project integrates 700 MW of solar/wind capacity with 1,000 MWh of BESS, showcasing a complex hybrid model that maximizes grid evacuation…
⚡ Quick Read What happened: Blockchain technology is being deployed to facilitate peer-to-peer (P2P) solar energy trading, allowing households to sell surplus rooftop power directly to neighbors without utility intervention. Why it matters: For developers and EPCs, this decentralized model creates new revenue streams and business opportunities in the burgeoning prosumer market by automating settlements…
⚡ Quick Read What happened: A 350 MWh battery storage facility in Europe lost 11% of its usable capacity due to cell-level imbalances and inaccurate state-of-charge (SoC) reporting. Why it matters: EPCs and developers face significant financial risks, including balancing costs and revenue erosion, when battery management systems fail to account for cell degradation and…
⚡ Quick Read What happened: Saudi Arabia added 7.8 GW of solar capacity in 2025, reaching a cumulative total of 12.46 GW. Why it matters: The rapid scale-up and massive PPA signings signal a booming market for large-scale utility projects, offering potential opportunities for global EPC players. Watch: Future growth hinges on streamlining land access,…
⚡ Quick Read What happened: Oyster Renewable Energy has commissioned the first phase of a 315.6 MW hybrid wind-solar project in Agar-Malwa, Madhya Pradesh, with a total project investment exceeding INR 2,000 crore. Why it matters: The project utilizes advanced bifacial solar modules and 3.15 MW Suzlon wind turbines to provide stable, round-the-clock renewable power…
⚡ Quick Read What happened: Exide Industries has invested INR 450 crore into its subsidiary, Exide Energy Solutions Ltd (EESL), through a rights issue of 112.5 million shares. Why it matters: This capital infusion accelerates the development of EESL’s greenfield lithium-ion manufacturing facility in Bengaluru, strengthening domestic supply chains for stationary storage and EV markets….
⚡ Quick Read What happened: The Ministry of Heavy Industries confirmed that land acquisition is complete for 40 GWh of battery manufacturing capacity awarded to Rajesh Exports, Ola Electric, and Reliance New Energy under the PLI-ACC scheme. Why it matters: While land is secured, only 1 GWh of the 50 GWh target is currently commissioned,…