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Policy & Regulations

ERC Reviews Electricity Billing Reforms, Energy Storage Rules and Five-Year Retail Competition Roadmap In The Philippines

The ERC’s 46th Open Commission Meeting reviewed reforms to electricity cost adjustments, energy storage regulation, and retail competition. Proposed measures would improve billing transparency, prevent duplicate recovery of storage costs, establish licensing and safety standards, and gradually expand consumer choice through a five-year Retail Competition and Open Access roadmap, subject to market readiness.
Policy & Regulations

OERC Proposes New Renewable Purchase And Energy Storage Obligations For Odisha Through 2026 Regulations

OERC has proposed 2026 regulations replacing Odisha’s 2021 renewable energy framework. The draft sets rising RPO targets from 35.95% in FY 2026-27 to 43.33% by FY 2029-30, alongside ESO targets of 2.5% to 4%. Stakeholder comments are invited until December 5, 2026, with SLDC overseeing compliance and reporting.
Policy & Regulations

India Prohibits Export Of Lithium-Ion Battery Black Mass Under Revised DGFT Policy

India has prohibited exports of unsorted spent lithium-ion batteries and related black mass under ITC (HS) Code 85491400, changing their status from “Free” to “Prohibited” through DGFT Notification No. 49/2026-27, effective November 10, 2026. The measure aims to retain critical materials domestically, strengthen battery recycling, and support India’s clean-energy supply chain.
Policy & Regulations

Tata Power Reports Record Quarterly PAT of INR 1,652 Crore, Up 33% In Q2 FY27

Tata Power reported record Q2 FY27 PAT of ₹1,652 crore, up 33 per cent year-on-year, while revenue rose 26 per cent to ₹19,886 crore. H1 PAT reached ₹3,053 crore, supported by nearly ₹10,000 crore in investments, renewable capacity additions, solar manufacturing, rooftop installations, improved distribution efficiency, and progress on storage and EV infrastructure.

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Projects & Tenders

POWERGRID Secures INR 243 Crore Karnataka Transmission Project For New 400/220 kV Substation

Power Grid Corporation of India has won a Karnataka intra-state transmission project under the TBCB framework, quoting annual charges of Rs. 243.34 crore. The BOOT project includes a 3X500MVA 400/220kV substation at Humnabad, Bidar, and associated transmission lines. It is POWERGRID’s eleventh TBCB project in FY2026-27, taking cumulative charges to Rs. 8,106.97 crore.
Projects & Tenders

South Africa Registers 2,045 MW Of Solar Capacity As Renewable Energy Investment Reaches $4.7 Billion

South Africa registered 3,129MW of new private generation capacity worth R78.16 billion in the second quarter of 2026/27. Solar led with 2,045MW across 139 projects, alongside wind, battery storage and co-generation. Regulatory reforms boosted investment, but financing, grid connections and transmission constraints remain challenges to delivering operational capacity.
Projects & Tenders

Voith Secures Contract For Vietnam’s First 1,200 MW Pumped Storage Project

Voith Hydro Shanghai and POWERCHINA Zhongnan Engineering have won a contract from Vietnam Electricity to supply core electromechanical equipment for Vietnam’s first pumped storage hydropower project. The 1,200 MW Bac Ai facility in Khanh Hoa Province will feature four 300 MW units, strengthening grid stability, flexibility and renewable energy integration.
Projects & Tenders

China and Malaysia Sign US$100 Million Agreement For Large-Scale Solar Project Under LSS5+

China’s CPECC and Malaysia’s Jaks Resources Berhad signed a cooperation agreement for Malaysia’s LSS5+ solar project on November 6, 2026. Valued at over US$100 million, the venture will expand clean electricity generation through Chinese engineering expertise, Malaysian infrastructure experience, and financing from Standard Chartered Bank and China Construction Bank Malaysia.

TRENDING STORIES THIS WEEK

Finance & Investment

ACWA Reports Stable Nine-Month Net Income With 98.2 GW Power Portfolio And 11.6 GWh Battery Storage

ACWA reported stable nine-month 2026 net income, supported by portfolio expansion despite project delays. The company managed 112 assets globally, added power, storage, and desalination capacity, and achieved financial close on four projects. Battery storage remained a key growth area. ACWA also raised SAR 30 billion, maintained strong availability, and formed a US-focused partnership with EIG.
Finance & Investment

Neoen Secures AUD 1.8 Billion Financing For 1.2 GW Renewable Energy Portfolio In Australia

Neoen secured AUD 1.8 billion from 13 lenders to finance five Australian renewable assets totaling 1.2 GW, including wind, solar and battery projects across three states. The deal lifts Neoen’s Australian debt financing since 2024 above AUD 5 billion, supporting 4.7 GW across 20 assets and advancing its goal of 10 GW by 2030.
Finance & Investment

Indian Green Energy Stocks Show Mixed Trends As Select Counters Gain Amid Market-Wide Selling Pressure (12 November 2026)

India’s stock market was flat on November 12, 2026, with the Sensex closing at 81,911 points. Renewable and power stocks showed mixed performance: Adani Green Energy and IEX gained, alongside smaller advances in Borosil Renewables and Inox Wind. Conversely, Exide Industries, GAIL, IOC, Kabra Extrusion, and Sterling and Wilson Renewable Energy declined.
Policy & Regulations

Chandigarh Meets 92% Of Diwali Power Demand Through Non-Fossil Sources For Second Consecutive Year

Chandigarh Power Distribution Limited delivered a greener Diwali for the second consecutive year, meeting approximately 92% of household electricity demand through non-fossil fuel sources. Renewables supplied nearly 75%, supported by hydro, solar, wind and nuclear power. CPDL also maintained uninterrupted service and reaffirmed its commitment to expanding clean energy and sustainability.

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Interviews

“The Sun Is Africa’s Gold”: Jinko Solar’s Adama Cissé on West Africa’s Solar Growth, Technology and Opportunities

West Africa's solar PV market is growing due to increasing electricity demand and utility-scale projects, although diverse regulations and climatic challenges persist. In a discussion with Adama Cissé of Jinko Solar, she highlights the importance of technology choice and local partnerships in driving adoption, along with the successful introduction of the Tiger Neo 3.0 technology.
Interviews

“India’s Energy Storage Market Is Set for Strong Growth Over the Next 3–5 Years”: William Gui, Sineng Electric

India's energy storage market is set for rapid growth, emphasising grid stability, efficiency, and advanced technologies. Sineng Electric's General Manager highlights the importance of grid-forming technology in supporting renewable energy integration. The company aims to enhance local operations and develop efficient solutions aligned with India's energy transition and project demands.
Interviews

AI-Driven Energy Storage Will Shape India’s Smart Energy Future: Abhilash Borana, CEO, Sigenergy India

India's renewable energy sector is embracing artificial intelligence for smarter energy management. Sigenergy India's CEO, Abhilash Borana, highlights their innovative AI-powered energy storage solutions that optimise electricity consumption and integrate solar, battery storage, and EV charging. The company aims to expand locally while revolutionising energy efficiency across residential, commercial, and industrial applications.
Interviews

India’s Renewable Energy Supply Chain Is Becoming More Resilient, Technology-Driven and Localised: Yogendra Yadav, Sungrow

Yogendra Yadav from Sungrow discusses the transformation of India’s renewable energy supply chain towards local sourcing and advanced technology. Emphasising AI-driven forecasting, digitalisation, and strong vendor partnerships, he highlights strategies for optimising inventory management and addressing logistics challenges to build a more resilient and sustainable supply chain.

MARKET INSIGHTS

Market Insights

Singapore Sets 4 GWp Solar Capacity Target By 2035 To Accelerate Clean Energy Transition

Singapore aims to reach 4 GWp of cumulative solar capacity by 2035, advancing its clean-energy transition despite limited land. The strategy emphasizes rooftop, building-integrated, facade, and industrial solar installations, supported by grid upgrades, incentives, and streamlined regulations. Regional electricity partnerships will complement domestic generation, strengthening energy security and reducing emissions.
Market Insights

India Targets 530 GW Renewable Energy Capacity By 2030 As Solar Manufacturing Expands To 225 GW

India has rapidly advanced as a global renewable energy leader, achieving 50% non-fossil electricity capacity in 2025 and surpassing 300 GW of renewables in 2026. Solar, biofuels, competitive auctions, storage, and domestic manufacturing are driving growth, reducing fossil-fuel imports and costs. Continued progress depends on stronger grids, storage, reforms, and financial solutions.
Market Insights

Global Renewable Energy Capacity Set To Grow By 4,800 GW By 2031, With Solar Leading Expansion—IEA

Global renewable capacity could grow by nearly 4,800 GW from 2026 to 2031, led by solar PV and strong onshore wind expansion. India and developing economies will contribute substantially, alongside rising rooftop and off-grid solar adoption. However, grid constraints, curtailment and negative prices require investment in transmission, storage, flexibility and faster policy implementation to meet global targets.
Market Insights

CEA And Danish Energy Agency Release Technology Catalogue To Advance India’s Energy Storage Sector

India’s CEA and Danish Energy Agency have released a technology catalogue to guide energy storage planning and investment. Covering batteries, pumped storage, compressed air, and thermal systems, it compares technologies under Indian conditions. The catalogue supports renewable integration, grid reliability, informed project development, and India’s transition toward net-zero emissions by 2070.
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Interviews

“The Sun Is Africa’s Gold”: Jinko Solar’s Adama Cissé on West Africa’s Solar Growth, Technology and Opportunities

West Africa's solar PV market is growing due to increasing electricity demand and utility-scale projects, although diverse regulations and climatic challenges persist. In a discussion with Adama Cissé of Jinko Solar, she highlights the importance of technology choice and local partnerships in driving adoption, along with the successful introduction of the Tiger Neo 3.0 technology.
Projects & Tenders

NHPC Invites Bids for 800 MW BESS Projects Linked To 1,200 MW Jalaun Solar Park In Uttar Pradesh

NHPC has invited bids for battery storage developers to combine solar power with energy storage at Uttar Pradesh’s 1,200 MW Jalaun Solar Park. Two configurations are offered, featuring 300 or 600 MW of solar capacity and 800 MW batteries. The Build, Own and Operate project will provide dispatchable renewable power through competitive bidding and reverse auction.
Tech Insights

High Bifaciality Drives 2.01% Power Gain for JinkoSolar Tiger Neo 3.0 in QEERI Qatar Field Test

The QEERI Qatar Field Test evaluated JinkoSolar's Tiger Neo 3.0 modules, which achieved a total power generation yield of 226.02 kWh/kW, outperforming N-type BC modules by 1.92%. Advantages included superior bifaciality of up to 85% and lower operating temperatures, enhancing performance in Qatar’s harsh desert conditions.