Thursday, June 11, 2026

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Growatt

Foxconn’s Renewable Energy Push to Drive Up to 1 GW of Clean Power Development in Vietnam

Kavitha -
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Foxconn is partnering with Brookfield to enhance renewable energy infrastructure in Vietnam, aiming for up to 1 GW capacity from solar, wind, and battery storage. This initiative aligns with corporate sustainability goals and Vietnam's growth in clean energy, boosting Foxconn's operations while addressing global demand for sustainable supply chains.
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AMERICAS

News

Iberdrola To Invest 25 Billion Reais In Bahia, Brazil’s Electricity Infrastructure Through 2030

Iberdrola plans a significant investment of around 25 billion reais (nearly €4.5 billion) in Bahia, Brazil, by 2030. This initiative aims to upgrade the electricity infrastructure, constructing new substations and transmission lines to meet rising demand. Neoenergia, its Brazilian subsidiary, will execute these projects, boosting economic growth and electrification.
News

Zelestra Expands Renewable Energy Partnership with Meta Through 180 MWdc Texas Solar PPA

Zelestra and Meta have signed a long-term Power Purchase Agreement for the 180 MWdc Palmera Solar Plant in Texas, enhancing their clean energy partnership. This increases their total solar capacity agreements to approximately 1.4 GWdc, supporting Meta's goal of 100% clean energy and local economic development during project construction.
Talks

Connecting the Globe to South America’s Renewable Markets – Dr. Florian Wessendorf, Managing Director; Solar Promotion International GmbH

The smarter E South America continues to grow rapidly. What key trends are driving the renewable energy market in Brazil and Latin America? The renewable...
News

Ameren Continues Public Engagement For Eastern Missouri Grid Transformation Project With New Open Houses

Ameren Transmission Company is hosting open houses for the Eastern Missouri Grid Transformation Project, aimed at modernizing the region's electricity transmission network. The project seeks to enhance grid reliability and resilience while improving access to affordable energy. Community feedback has shaped route proposals, with the project set to be operational by 2032.
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INDIA AND SOUTH ASIA

News

Top Stories Of The Day: Meta-Reliance 168 MW AI Data Center; NLC OFS Expanded to 4.16 Cr Shares and More…

Meta has partnered with Reliance to develop a 168 MW AI data centre in India, backed by nearly 1 GW of renewable energy. This project marks a significant investment in sustainable digital infrastructure and highlights the increasing demand for renewable energy to support AI workloads and digital advancements in the region.
Insights

Green Energy Stocks End Mostly Lower Despite Positive Market Sentiment (10 June 2026)

On June 10, 2026, green energy stocks showed mixed results, with most companies ending lower despite a slight rise in the S&P BSE Sensex. Notable gains came from Larsen & Toubro and Borosil Renewables, while Inox Wind and Praj Industries suffered significant declines. Overall, investor sentiment in the sector remained cautious.
News

Meta Partners with Reliance for 168 MW AI Data Center in India, Backed by Nearly 1 GW of New Renewable Energy Capacity

Meta and Reliance Industries are expanding their partnership to develop an AI-enabled data center in Jamnagar, Gujarat, marking Meta's first AI-focused investment in India. Reliance will construct a 168 MW facility powered by renewable energy, supporting Meta's AI infrastructure and long-term investments in India, complemented by significant renewable energy agreements.
News

Government Expands NLC India OFS To 3%, Offers 4.16 Crore Shares Through Oversubscription Option

The Government of India has expanded the Offer for Sale (OFS) of NLC India Limited shares from 2% to 3% of its equity capital due to strong investor interest. The total offer now includes 4,15,99,098 shares, with a reserve for retail investors and an employee allocation of 25,000 shares. Bidding occurs on June 10, 2026.

EUROPE

News

EBRD And Baltic States Strengthen Partnership To Advance Pan-Baltic Capital Market And Green Energy Investment

The EBRD has partnered with Estonia, Latvia, and Lithuania to advance a unified pan-Baltic capital market, enhancing financial integration and investment appeal. A new Memorandum of Understanding aims for Emerging Market status under MSCI, promoting business growth and innovation. The initiative focuses on increasing investor participation and cross-border financial activity.
News

EBRD And JICA Unveil JIDAI Fund To Support Sustainable Development Through Local Currency Financing

The EBRD and JICA have initiated a US$1 billion financing facility, the JIDAI Special Fund, aimed at enhancing local currency financing in EBRD's operational regions. This fund will facilitate long-term capital access, reduce foreign exchange risks for borrowers, and support critical sectors like infrastructure and healthcare, promoting sustainable economic development.
News

Iberdrola España Wins €3.04 Million Contract To Supply Toledo City Council With 100% Renewable Electricity

Iberdrola Clientes has secured a one-year contract to provide Toledo City Council with 100% renewable electricity for 328 municipal supply points, meeting an annual demand of around 11 GWh. Valued at €3.04 million, the agreement enhances energy budget predictability and supports the city’s sustainability goals by promoting energy efficiency and reducing carbon emissions.

AFRICA

News

Kenya Withdraws Proposed Electricity Tariff Hike, Protecting Consumers From Higher Power Costs

The Kenyan government has retracted a proposal by Kenya Power and Lighting Company to raise electricity tariffs, offering relief to consumers. Announced on June 3, 2026, the decision aims to protect households and help economic growth. Future tariff adjustments will still require new applications and public reviews, while other charges may fluctuate.
News

H1 Holdings and Revego Fund Managers Explore Merger to Create R13.3 Billion Renewable Energy Investment Platform

H1 Holdings and Revego Fund Managers are exploring a merger to form a major renewable energy investment platform in South Africa, valued at R13.3 billion. This collaboration aims to enhance market liquidity, support energy transition, and attract institutional investment, creating a diversified platform focused on renewable assets and long-term returns.
News

Trinasolar and Ecohope Solar Sign 600MW MoU to Distribute Latest Vertex G3 Modules Across Southeast Asia, the Middle East and Africa

Trinasolar has signed a Memorandum of Understanding with Ecohope Solar to supply 600 MW of solar modules across Southeast Asia, the Middle East, and Africa over three years. This partnership aims to enhance access to advanced photovoltaic technologies, focusing on high-efficiency modules for residential and commercial projects, particularly in Thailand and GCC regions.
News

African Development Bank Approves €103 Million Project To Expand Electricity Access Across Côte d’Ivoire

On May 15, 2026, the African Development Bank Group approved €103.14 million for Côte d'Ivoire's PROSER II project, aiming to enhance electricity access and distribution. With a total cost of €234.56 million, it will connect over 107,000 households, support rural areas, and promote economic development, particularly for youth and women.

THE MIDDLE EAST

News

Kahramaa Unveils 2030 Roadmap To Expand Solar Power, Modernize Grid And Strengthen Water Security In Qatar

Kahramaa has launched a roadmap to modernize Qatar's electricity and water sectors, aligning with Qatar National Vision 2030. The plan emphasizes renewable energy, particularly solar power, and upgraded infrastructure for both electricity management and water quality monitoring. It aims to enhance energy security, operational efficiency, and customer services while addressing water sustainability.
News

Trinasolar and Ecohope Solar Sign 600MW MoU to Distribute Latest Vertex G3 Modules Across Southeast Asia, the Middle East and Africa

Trinasolar has signed a Memorandum of Understanding with Ecohope Solar to supply 600 MW of solar modules across Southeast Asia, the Middle East, and Africa over three years. This partnership aims to enhance access to advanced photovoltaic technologies, focusing on high-efficiency modules for residential and commercial projects, particularly in Thailand and GCC regions.
News

Masdar Visits DEWA’s Al Shera’a, Demonstrating AI-Driven Smart Energy and Sustainability Leadership

Saeed Mohammed Al Tayer of DEWA hosted Mohamed Jameel Al Ramahi from Masdar at Al Shera’a, the world’s tallest smart net-positive government building. The delegation learned about its advanced sustainable infrastructure, IoT integration, and smart systems that optimize operations. Al Shera’a aims for LEED Platinum and WELL Gold certifications while supporting Dubai's clean energy goals.
News

From Challenges to Opportunities: LONGi Vision for a More Sustainable Renewable Energy Future in the Levant

LONGi completed a 15-day Truck Roadshow across the Levant with Khallouf Future Power, engaging industry stakeholders in five cities. The event featured technical workshops addressing renewable energy challenges and showcased advanced solar technologies. By fostering collaboration and knowledge exchange, LONGi emphasized its commitment to supporting sustainable energy development in the region.

SOUTH EAST ASIA

News

Gamuda Berhad Secures Australian Support For Major Solar And Wind Projects In Tasmania

Gamuda Berhad's renewable energy expansion in Australia has advanced as its Weasel Solar Farm and Cellars Hill Wind Farm were selected for the Australian Government's Capacity Investment Scheme. These projects, marking Gamuda's inaugural investment in Australia, provide long-term revenue support and will begin construction in 2027 and 2028, respectively.
Insights

ASEAN Renewable Energy Assets Worth US$165 Billion Face Rising Climate Risks, Zurich Insurance Warns

A Zurich Insurance report warns that renewable energy assets worth up to US$165 billion in Southeast Asia are threatened by climate-related hazards. Approximately 75 percent of the region's clean energy projects face severe risks from extreme weather. Investing US$13 billion in resilience could prevent losses of up to US$82 billion, emphasizing the need for improved planning and infrastructure.
News

Trinasolar and Ecohope Solar Sign 600MW MoU to Distribute Latest Vertex G3 Modules Across Southeast Asia, the Middle East and Africa

Trinasolar has signed a Memorandum of Understanding with Ecohope Solar to supply 600 MW of solar modules across Southeast Asia, the Middle East, and Africa over three years. This partnership aims to enhance access to advanced photovoltaic technologies, focusing on high-efficiency modules for residential and commercial projects, particularly in Thailand and GCC regions.
News

Foxconn’s Renewable Energy Push to Drive Up to 1 GW of Clean Power Development in Vietnam

Foxconn is partnering with Brookfield to enhance renewable energy infrastructure in Vietnam, aiming for up to 1 GW capacity from solar, wind, and battery storage. This initiative aligns with corporate sustainability goals and Vietnam's growth in clean energy, boosting Foxconn's operations while addressing global demand for sustainable supply chains.

NEWS BRIEFS

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FROM ACROSS THE GLOBE

News

Government Expands NLC India OFS To 3%, Offers 4.16 Crore Shares Through Oversubscription Option

The Government of India has expanded the Offer for Sale (OFS) of NLC India Limited shares from 2% to 3% of its equity capital due to strong investor interest. The total offer now includes 4,15,99,098 shares, with a reserve for retail investors and an employee allocation of 25,000 shares. Bidding occurs on June 10, 2026.
News

Sterling and Wilson Renewable Energy Reports Record Revenue, 4.5 GW Project Execution in FY26

Sterling and Wilson Renewable Energy Limited achieved record financial performance in FY26 with revenues of INR 7,548 crore, a 20% increase. The company commissioned 4.5 GW of solar power, secured INR 10,062 crore in new orders, and expanded its O&M portfolio. Future growth looks promising in renewable energy segments.
News

NTPC REL To Develop 250 MW Solar Project With BESS On Defence Land In Uttar Pradesh

NTPC Renewable Energy Limited plans to establish a 250 MW solar power project in Uttar Pradesh on vacant defence land, featuring a Battery Energy Storage System for reliable energy supply. This initiative, approved by Defence Minister Rajnath Singh, aims to enhance energy security for defence establishments and promote clean energy adoption.
News

EBRD And Kazakhstan Extend Strategic Partnership To Boost Investment, Green Transition And Economic Reforms

The European Bank for Reconstruction and Development (EBRD) and the Government of Kazakhstan have strengthened their long-standing partnership through a new agreement designed to...

MARKET INSIGHTS

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INSIGHTS

Insights

Green Energy Stocks End Mostly Lower Despite Positive Market Sentiment (10 June 2026)

On June 10, 2026, green energy stocks showed mixed results, with most companies ending lower despite a slight rise in the S&P BSE Sensex. Notable gains came from Larsen & Toubro and Borosil Renewables, while Inox Wind and Praj Industries suffered significant declines. Overall, investor sentiment in the sector remained cautious.
Insights

ASEAN Renewable Energy Assets Worth US$165 Billion Face Rising Climate Risks, Zurich Insurance Warns

A Zurich Insurance report warns that renewable energy assets worth up to US$165 billion in Southeast Asia are threatened by climate-related hazards. Approximately 75 percent of the region's clean energy projects face severe risks from extreme weather. Investing US$13 billion in resilience could prevent losses of up to US$82 billion, emphasizing the need for improved planning and infrastructure.
Insights

China Leads Global Nuclear Expansion With 36 Reactors Under Construction And Nearly 59 GW Operational Capacity—EIA

China has significantly expanded its nuclear power capacity, increasing it by 76 percent from 2016 to 2024 and adding new reactors. With 36 reactors under construction, it leads global nuclear development, emphasizing cost-effective, standardized projects and a strong domestic supply chain. Innovation includes the upcoming Linglong-1 small modular reactor, set for 2026.
Insights

GOGLA Members Achieve Record 10 Million Off-Grid Solar Kit Sales In 2025, Expanding Energy Access Worldwide – Report

In 2025, the off-grid solar industry achieved record sales of over 10 million solar kits, benefiting nearly 150 million people. Growth stemmed from rising demand in East Africa and Nigeria, supported by government incentives and financing options. However, challenges persist, as reliance on subsidies raises sustainability concerns. Collaborative efforts are needed for long-term industry resilience.

IN CONVERSATION

Talks

Connecting the Globe to South America’s Renewable Markets – Dr. Florian Wessendorf, Managing Director; Solar Promotion International GmbH

The smarter E South America continues to grow rapidly. What key trends are driving the renewable energy market in Brazil and Latin America? The renewable...
Talks

Driving the Next Phase of India’s Green Energy Transition: An Exclusive Interview with Sreerangam Ravikiran, Service Manager – Utility, Sungrow India

What are the major service challenges in India’s utility-scale solar sector today?India’s utility-scale solar sector has witnessed tremendous growth. however, service and operations face...
Talks

Driving MEA’s Green Transition: Inside Power & Sun’s ‘Lean, Mean, and Clean’ Strategy – L K Verma, Managing Director

What have been the key growth drivers behind Power & Sun’s expansion across the MEA region? Power & Sun’s growth across the MEA region has...
Talks

Strong Performance, Faster Payback: Tiger Neo 3.0 Powers Central Asia’s Solar Mainstream Ambition – Idris Mu, Sales Manager, Central Asia – Jinko Solar

Central Asia (e.g., Uzbekistan, Tajikistan) is at a critical stage of energy transition. How do you think Tiger Neo 3.0, compared to 2.0, can...
Talks

From 9 States to 12 GW: Inside LEAPTING Robotics’ Massive Indian Expansion – Gaurav Gaba,  Sales Director – India

LEAPTING has deployed 33,000+ G1 robots across 9 Indian states. What enabled this large-scale success in India? Since its founding, LEAPTING Robotics has been dedicated...
Talks

Beyond the Box: Deye’s AI-Driven Evolution in the Indian Solar Landscape – Bharat Singh, Director – Sales & Marketing(India and North Africa)

Can you walk us through Deye’s current solar PV inverter portfolio for the Indian market and highlight what differentiates your products from competitors? Deye offers...
Dinto Solar

UPCOMING EVENTS

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PUBLICATIONS

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Technology

Explained: Inside a Perovskite-Silicon Tandem Cell—How Layered Photovoltaics Achieve 30%+ Efficiency

Perovskite-silicon tandem cells are emerging as a transformative technology in the solar industry, exceeding the limitations of traditional silicon photovoltaics. By stacking two materials with different bandgaps, these cells can harness more solar energy efficiently, achieving over 33% efficiency in labs. However, challenges in stability and manufacturing must be overcome for successful commercialisation.
Sangita Shetty -

How Offshore Wind Infrastructure Is Enabling the Next Wave of Blue Economy Innovation

Offshore wind farms are transforming into multi-use platforms, enabling seaweed cultivation alongside renewable energy production. Research indicates this dual approach enhances marine resource development while reducing operational costs. Promising trials in the North Sea reveal high yields, positioning future projects to integrate aquaculture and other industries, fostering a sustainable blue economy.
Sangita Shetty -

Weekly Tech Updates: KIT Maps Europe’s Hybrid Storage Future; Hoymiles Sets New Solar Efficiency Benchmark and More…

The content discusses advancements in energy storage and solar technology. The KIT-led StoRIES project aims to enhance hybrid energy systems for Europe's clean energy transition. Hoymiles secures BEE certification for its microinverters in India, while vehicle-integrated solar could reduce grid demand. Sineng Electric and Growatt promote flexible energy solutions for various applications, and UTL Solar launches a powerful inverter targeting India's commercial market.
Sangita Shetty -

Explained: Human Errors In Solar Plant O&M: Lessons From Real-World Case Studies And Risk Reduction Strategies

Human errors significantly impact the operation and maintenance of solar power plants, causing downtime and safety incidents. Case studies reveal that common issues stem from inadequate training and procedural failures. Incorporating technologies like SCADA and AI, along with workforce development strategies, can minimize these errors, enhance safety, and improve plant performance.
Mohan Gupta -

Vehicle-Integrated Solar Technology Could Cut Europe’s Grid Demand by 15.6 TWh Annually

The European research project SolarMoves highlights the potential of Vehicle-Integrated Photovoltaics (VIPV) to reduce grid electricity demand and aid transport decarbonisation. Findings indicate that VIPV can meet up to 80% of energy needs for vehicles in Southern Europe. The study recommends incorporating VIPV in vehicle efficiency standards and renewable energy policies.
Sangita Shetty -

AUSTRALIA

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Driving MEA’s Green Transition: Inside Power & Sun’s ‘Lean, Mean, and Clean’ Strategy – L K Verma, Managing Director

What have been the key growth drivers behind Power & Sun’s expansion across the MEA region? Power & Sun’s growth across the MEA region has...
News

Motherson Group Commissions 15 MWp Captive Solar Project in Uttar Pradesh to Power Manufacturing Facilities

Samvardhana Motherson International Limited has initiated its first ground-mounted solar power project in Uttar Pradesh through Motherson New Energy Limited. The 15 MWp facility aims to provide clean electricity to Motherson plants, reducing carbon emissions by approximately 17,000 tonnes annually. The project underscores the company's commitment to renewable energy and sustainability.
Tech

Explained: Human Errors In Solar Plant O&M: Lessons From Real-World Case Studies And Risk Reduction Strategies

Human errors significantly impact the operation and maintenance of solar power plants, causing downtime and safety incidents. Case studies reveal that common issues stem from inadequate training and procedural failures. Incorporating technologies like SCADA and AI, along with workforce development strategies, can minimize these errors, enhance safety, and improve plant performance.

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