Highlights

India must mobilise around $145 billion in annual energy investment to sustain economic growth while pushing its net-zero ambitions. The bulk of this capital will be directed toward scaling up renewable power generation, grid infrastructure modernization, and energy storage, according to Wood Mackenzie.

New 2.4 GWh adiabatic compressed air energy storage (CAES) plant now operational in in Jiangsu province. The large-scale CAES uses molten salt and pressurized thermal water storage to achieve high efficiency, with power generated through two 300 MW units.

Kosol Energie has finalized a 360 MW microinverter supply agreement with Hoymiles Power Electronics Inc. for residential rooftop solar projects to be deployed across Andhra Pradesh.

The upcoming budget must prioritize in-house technology and equipment development, provide clarity on delayed power purchase agreements (PPAs) and power sale agreements (PSAs), increase budgetary allocation and policy support for Green Energy Corridors, introduce production-linked incentives for battery energy storage system (BESS) manufacturing, establish an Approved List of BESS Integrators (ALBI), lower the cost of capital through priority sector lending, extend ALMM for solar cells, and continue the ISTS waiver, among other measures.

The India–EU free trade agreement is emerging as a platform for climate-trade convergence. The climate dimension is not incidental—it’s already embedded in ongoing India–EU frameworks.

Tata Power Renewable Energy Ltd has commissioned 10 GW of EPC projects to date, including 1.88 GW operationalized during the first nine months of FY26.

Waaree Renewable Technologies Ltd’s board of directors has approved the acquisition of an approximately 55% stake in Associated Power Structures Ltd for INR 1,225 crore.

Conceived for stationary energy storage, the proposed sodium-ion battery configuration relies on an P2-type cathode material and an hard carbon anode material that reportedly ensure full-cell performance. Electrochemical testing revealed initial capacities of 200 mAh/g for the cathode and 360 mAh/g for the anode with capacity retentions of 42% and 67.4% after 100 cycles.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

The system operator regularly had to curtail solar generation as an emergency measure to maintain grid security, as other resources were already flexing to their maximum capabilities. Lost solar generation highlights the need for flexibility to grow at pace with solar capacity.