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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

Coro Energy Secures US$20 Million Mirova Financing To Expand Vietnam’s Rooftop Solar Portfolio

Coro Energy secured up to US$20 million from Mirova to finance Vietnamese commercial and industrial rooftop solar projects, including potential battery storage developments. The facility includes an initial US$10 million tranche, eight-year tenor, and 9.5% fixed interest rate. Coro also plans to raise at least £750,000 through a share placing, subject to shareholder approval.
Projects & Tenders

CCI Approves KKR-Backed Investment In PETRONAS Subsidiary Gentari Renewables India

The Competition Commission has approved Sapphire US HoldCo (USA), LLC’s proposed subscription for securities in Gentari Renewables India, a PETRONAS subsidiary. Backed by KKR-managed investment vehicles, Sapphire is a transaction-specific special purpose vehicle. The deal strengthens investment interest in India’s renewable energy sector, including clean power generation and battery storage.
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.
Projects & Tenders

Datta Infra Group Signs 100 MW Wind Power PPA With SJVN, Takes Cumulative Signed Capacity Beyond 700 MW

TNB, IOI Corp and a consortium of 12 SMEs will develop a 500 MW solar plant paired with a 250 MW/1,000 MWh battery system in Negeri Sembilan. TNB will hold 70% and invest RM424.4 million. Supported by a 21-year offtake agreement with DayOne Data Centres, the project advances Malaysia’s corporate renewable energy transition.

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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

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

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

Global Energy And Climate Plans Face Growing Alignment Gap Towards 2050—IRENA

Aligning long-term energy scenarios with low-emission strategies is essential for consistent decarbonization, investment and energy security. Although alignment is relatively strong for 2030, the gap expands from 19% to 45% by 2050, compounded by limited emissions data. Shared modelling, institutional cooperation, legislation, synchronized updates and stakeholder engagement can improve coherence and prevent fossil fuel lock-in.
Market Insights

Global Coalition Targets 300 Million Rooftop Solar Homes Worldwide By 2030

An international coalition aims to install rooftop solar systems on 300 million homes by 2030, doubling current adoption and creating about 2 terawatts of capacity. The initiative could benefit over one billion people, lower energy costs, improve security, and create jobs. Success depends on affordable financing, simpler permits, stronger grids, and skilled workforces.
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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.