Saturday, March 28, 2026
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UPEX 2026

TotalEnergies And Holcim Launch Europe’s Largest Floating Solar Plant For Industrial Self-Consumption In Belgium

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TotalEnergies and Holcim have inaugurated Europe's largest floating solar power plant in Belgium, with a capacity of 31 MW and an annual generation of 30 GWh for Holcim’s facilities. The project underscores their commitment to sustainability and innovation, enhancing renewable energy use while supporting industrial decarbonization efforts.

AMERICAS

NeoVolta Inc. Secures First $1.9 Million Order From Luminia LLC, Advancing Sustainable C&I Battery Storage Deployment

NeoVolta Inc. has secured its first purchase order from Luminia LLC, valued at approximately $1.9 million, for 40 NVGAIN-125K261 battery storage systems. This transaction marks a significant milestone in their strategic collaboration, aimed at enhancing NeoVolta's position in the commercial and industrial energy storage market, amidst rising demand for certified solutions.

Atiaia Commissions 170 MW Solar Complex in Brazil, Strengthening Utility-Scale Renewable Capacity

Atiaia Renováveis has launched a 170 MW solar complex in Brazil, enhancing the nation’s utility-scale renewable energy capacity. This project meets rising electricity demand, supports Brazil's clean energy transition, and includes necessary infrastructure for reliable grid integration. It reinforces Brazil's position as a leader in large-scale solar energy development.

Arevon Energy, Inc. Begins Construction Of 250 MW / 1,000 MWh Cormorant Battery Project In Daly City To Strengthen California’s Clean Energy Transition

Arevon Energy, Inc. has commenced construction on the Cormorant Energy Storage Project in Daly City, California. This $600 million facility will have a capacity of 250 MW and 1,000 MWh, supplying power to around 321,000 homes. With community engagement initiatives, Arevon aims to enhance local economies and support California's clean energy goals.

In An Interview With ElEconomista, Ignacio S. Galán Says Geopolitical And Energy Crisis Has Limited Impact On Iberdrola

Ignacio S. Galán, Executive Chairman of Iberdrola, stated in an ElEconomista interview that the geopolitical and energy crisis minimally affects the company. He emphasized the need for investment in electricity infrastructure to support Europe's electrification, highlighting plans to invest €40 billion in the U.S. and U.K. by 2028 for modernization and renewable projects.
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INDIA AND SOUTH ASIA

Potaliya Petrochemicals, Kishan Infrastructure Win SECI’s 17.77 MW Rooftop Solar Projects In Puducherry

The Solar Energy Corporation of India has completed an auction for 17.77 MW of rooftop solar projects on government buildings in Puducherry, with Tariffs set at ₹4.11 per kWh. Potaliya Petrochemicals and Kishan Infrastructure Industries won contracts for 15 MW and 2.768 MW, respectively, under the RESCO model.

Rays Power Infra Wins 200 MW RTC Renewable Energy Project For Indian Railways

Rays Power Infra Limited has secured a contract to develop a 200 MW round-the-clock renewable energy project for Indian Railways, adding ₹5,000 crore to its order book. The project, combining over 700 MW of solar and wind capacity with 1,000 MWh battery storage, aims for completion by June 2028, enhancing grid stability and reliability.

JSERC Approves JUSNL Five-Year Plan And Tariff Framework To Support Rising Power Demand In Jharkhand

On March 25, 2026, JSERC issued orders on JUSNL's operational and financial plans, emphasizing a Multi-Year Tariff control starting April 2026. The approved Aggregate Revenue Requirement for 2026-27 is lower than requested. JSERC focused on infrastructure development and public participation, ensuring transparency and timely project completion for future electricity demand growth.

Bondada Engineering Forms New SPV For MAHAGENCO Renewable Energy Project

Bondada Engineering Limited has established a new subsidiary, BONDADA DINESH SPV PRIVATE LIMITED, as a Special Purpose Vehicle to oversee a project from Maharashtra State Power Generation Company. Holding a 51 percent stake, the SPV will focus on renewable energy, including solar operations and energy storage. The move aligns with Bondada's strategy to enhance efficiency in the energy sector.

EUROPE

Atiaia Commissions 170 MW Solar Complex in Brazil, Strengthening Utility-Scale Renewable Capacity

Atiaia Renováveis has launched a 170 MW solar complex in Brazil, enhancing the nation’s utility-scale renewable energy capacity. This project meets rising electricity demand, supports Brazil's clean energy transition, and includes necessary infrastructure for reliable grid integration. It reinforces Brazil's position as a leader in large-scale solar energy development.

Axpo Signs Solar PPA with McDonald’s Spain to Supply 83 GWh Annually

Axpo has signed a power purchase agreement with McDonald's franchises in Spain to provide renewable electricity from a new 200 MWp solar complex in León. The deal will supply approximately 83 GWh of solar energy annually, supporting McDonald's sustainability goals, including climate neutrality by 2050. This initiative is part of McDonald's broader environmental strategy.

Sungrow Signs Landmark 1 GWh Energy Storage Agreement With Romania’s ENEVO Group

Sungrow has partnered with ENEVO Group to execute energy storage projects in Romania, totaling 1 GWh. The collaboration includes a two-phase rollout, comprising 440 MWh and 560 MWh solutions featuring Sungrow’s advanced PowerTitan system. This agreement underscores Sungrow’s role in enhancing renewable energy infrastructure and Europe’s growing demand for energy storage solutions.

AFRICA

Eskom Extends Solar Registration Deadline Amid Public Backlash And Policy Concerns

Eskom has extended the registration deadline for residential solar systems amid public criticism and industry backlash, providing temporary relief for users dealing with energy challenges. However, concerns remain over Eskom's requirement for grid-connected systems to register under the "Homeflex" tariff, with critics arguing it's unnecessary and complicates solar adoption.

PIDG Backs Afreenergy Solar with €4.3 Million to Scale Solar-Plus-Storage Deployment in Senegal

The Private Infrastructure Development Group has allocated €4.3 million to support Afreenergy Solar in expanding solar and battery storage in Senegal. This investment aims to deploy 30 MW of solar capacity and 10 MWh of battery systems, primarily for commercial and industrial sectors, improving energy reliability and reducing costs.

Côte D’ivoire Secures Landmark Financing For Sokhoro Solar Project

Côte d'Ivoire has achieved a milestone in renewable energy with the Sokhoro solar project, boasting a 52 MWp capacity. Utilizing a unique financing model and green bonds, it aims to supply power to 370,000 people and reduce carbon emissions by 41,000 tonnes annually. The project will create over 600 jobs and support national renewable energy goals.

Malawi Nears Energy Breakthrough With Mozambique Power Interconnection Project

Malawi's Mozambique-Malawi Power Interconnection Project is nearing completion, expected to be operational by mid-2026. This 218-kilometer high-voltage line will connect Malawi to the Southern African Power Pool, allowing electricity trade and reducing dependence on hydropower. The project aims to enhance electricity availability, stimulate economic growth, and foster regional cooperation.

THE MIDDLE EAST

Empower Declares H2 2025 Dividend, Signals Strong Financial Stability And Growth Outlook

Empower's board approved a cash dividend of AED 0.075 per share for the second half of 2025, totaling AED 0.15 for the year. This reflects the company's strong financial health and commitment to shareholders. Empower's focus on energy-efficient cooling systems, amid rising demand, supports sustainability and positions it as a market leader.

Jinko Solar Powers Industrial Sustainability with 17.5 MWp Solar Project in Egypt

Jinko Solar has successfully supplied a 17.5 MWp solar power plant in Egypt with partners including Misr Beni Suef Cement Co. This project aids the cement industry's transition to renewable energy, supporting carbon emission reduction. Utilizing advanced N-Type TopCon Tiger Neo modules, it ensures efficient power generation in challenging conditions, showcasing Jinko's commitment to sustainability.

JinkoSolar’s Saudi Odyssey: Decades of Innovation and the Road to Vision 2030 – Robin Li, General Manager (MEA&CA)

As JinkoSolar celebrates its 20th Anniversary, how do you reflect on your growth journey in Saudi Arabia and the key milestones that strengthened your...

Southeast Asia Power Markets Remain Stable Amid Middle East Crisis, but Energy Security Takes Centre Stage

Southeast Asia's power markets are managing geopolitical tensions with an emphasis on energy security in long-term planning, according to Wood Mackenzie. While regulated pricing protects from immediate shocks, rising gas prices are anticipated to affect tariffs, particularly in Singapore and the Philippines. Future shifts towards diversified energy systems and nuclear ambitions are expected due to sustained market volatility.

SOUTH EAST ASIA

FedEx Expands Solar Footprint With First On-Site Installation At Shanghai Cargo Hub

FedEx has enhanced its renewable energy initiatives in the Asia Pacific by launching a solar installation at its Shanghai hub, becoming the first logistics firm at Shanghai Pudong Airport to generate on-site solar power. The project aims to reduce emissions significantly and supports the company's broader sustainability efforts across the region.

China’s Solar PV Industry Shows Strong Growth With Clear Market Leaders In March 2026

As of March 2026, China's photovoltaic industry shows robust growth, led by Sungrow with a market cap of 338.66 billion yuan. TBEA and LONGi follow, emphasizing the importance of inverters and solar modules. A diverse range of smaller firms complements the market, reinforcing China’s global leadership in renewable energy and innovation.

EIB Global And Techcombank Launch €200 Million Green Credit Line For Vietnam

EIB Global has partnered with Techcombank to establish a €200 million credit line aimed at promoting Vietnam’s green economy and facilitating climate action. This initiative supports the country’s goal of achieving carbon neutrality by 2050, offering financial backing for renewable energy projects and enhancing sustainable practices in the financial sector.

Kyocera And Cosmo Energy Partner To Balance Solar And Wind Power For Stable Renewable Supply In Japan

Kyocera Corporation and Cosmo Energy Holdings have formed a strategic partnership to exchange solar and wind energy, addressing the variability of renewable sources. By balancing their power portfolios, they aim to provide a steady supply of clean electricity. This collaboration reflects Japan's move toward carbon neutrality and encourages cooperation in the energy sector.

FROM ACROSS THE GLOBE

Empower Declares H2 2025 Dividend, Signals Strong Financial Stability And Growth Outlook

Empower's board approved a cash dividend of AED 0.075 per share for the second half of 2025, totaling AED 0.15 for the year. This reflects the company's strong financial health and commitment to shareholders. Empower's focus on energy-efficient cooling systems, amid rising demand, supports sustainability and positions it as a market leader.

MERC Issues Final Order On MSEDCL Tariff Review After Court Intervention

The Maharashtra Electricity Regulatory Commission's recent order in Case No. 75 of 2025 addresses a crucial review petition from MSEDCL concerning electricity tariffs amid ongoing disputes. Key outcomes include revised tariffs effective July 1, 2025, provisions for renewable energy banking, and options for installment payments, balancing utility finances and consumer interests.

MPERC Approves 4.8% Tariff Hike For FY 2026-27, Balancing DISCOM Finances And Consumer Relief

The Madhya Pradesh Electricity Regulatory Commission approved a 4.80 percent increase in electricity tariffs for 2026-27, significantly lower than the proposed 10.19 percent, addressing a ₹6,044 crore revenue gap. The decision aims to balance utility needs with consumer burden, improving metering and efficiency while introducing Green Energy Tariffs and maintaining transparency.

EIB Global And Techcombank Launch €200 Million Green Credit Line For Vietnam

EIB Global has partnered with Techcombank to establish a €200 million credit line aimed at promoting Vietnam’s green economy and facilitating climate action. This initiative supports the country’s goal of achieving carbon neutrality by 2050, offering financial backing for renewable energy projects and enhancing sustainable practices in the financial sector.

INSIGHTS

China’s Solar PV Industry Shows Strong Growth With Clear Market Leaders In March 2026

As of March 2026, China's photovoltaic industry shows robust growth, led by Sungrow with a market cap of 338.66 billion yuan. TBEA and LONGi follow, emphasizing the importance of inverters and solar modules. A diverse range of smaller firms complements the market, reinforcing China’s global leadership in renewable energy and innovation.

IRENA Report Reveals Major Funding Gap In Global Clean Cooking Access – IRENA Report

A report by the International Renewable Energy Agency reveals a significant shortfall in financial support for clean cooking access across 100 countries. With only USD 400 million confirmed investment from 2022 to 2024, and 2.1 billion people lacking clean cooking solutions, urgent action is required to meet Sustainable Development Goals by 2030.

Global Tensions Drive Renewable Investment Shift Toward China

Global geopolitical tensions are driving a shift in energy investment towards renewables, particularly in China. As instability in the Middle East affects oil prices, investors are diversifying into cleaner energy sources. China, with its advanced renewable technology and supportive policies, is becoming a favored destination for these investments, marking a significant global energy transition.

India Targets 900 GW Non-Fossil Capacity By 2035-36 With Massive Grid Expansion Plan – CEA

India plans to expand its clean energy capacity to over 900 GW by 2035-36, focusing on renewable sources like solar, wind, and nuclear power. A significant transmission infrastructure upgrade is essential, with projected costs around ₹7,93,300 crore. The roadmap aims for reliable energy supply and efficient grid usage to meet rising electricity demands.

IN CONVERSATION

JinkoSolar’s Saudi Odyssey: Decades of Innovation and the Road to Vision 2030 – Robin Li, General Manager (MEA&CA)

As JinkoSolar celebrates its 20th Anniversary, how do you reflect on your growth journey in Saudi Arabia and the key milestones that strengthened your...

RenewX 2026: A Decade of Powering South India’s Green Revolution – Julian Thomas, Portfolio Director (Energy & Battery Industry – India), Informa Markets

Over the past decade, how has RenewX Expo reflected the evolving renewable energy market in South India and highlighted key trends for India and...

Rahul Kale of Sunpower Renewables on the Future of Hybrid Solar and Energy Storage

As the shift to cleaner energy intensifies, hybrid solar and energy storage technologies are essential for reliable power supply. Sunpower Renewables, led by Rahul Kale, focuses on innovative, customer-centric solutions. The company advocates for policies that support energy storage deployment while balancing domestic and international growth, emphasising efficiency and long-term value in the Indian market.

Beyond Inverters: Deye’s Integrated Solar, Storage & EV Vision for India’s Energy Future – Bharat Singh, Director – Sales Marketing (India & North Africa)

How do Deye’s newly launched on-grid inverters up to 136 kW support the growing C&I solar market in India? Deye’s revolutionised C&I solution was launched...

“Small Components Can Make a Big Impact”: Matthias Mack on Stäubli’s India Strategy

As India accelerates toward its ambitious 2030 renewable energy targets, strengthening domestic manufacturing has become a key pillar of the country’s clean energy strategy....

Hoymiles’ 360 MW Deal Redefines Microinverter Adoption in India – Vikrant Sarang, Regional Sales Manager, West & Central India

What does India’s biggest 360 MW microinverter deal with Kosol Energie indicate about the growing acceptance of microinverters in India? This milestone reflects not just...

UPCOMING EVENTS

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PUBLICATIONS

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Technology

Explained – Solar Fuse For Safe And Reliable Protection In Photovoltaic Systems

A solar fuse is an essential safety device for photovoltaic systems, protecting against overcurrent and short circuits in direct current circuits. It isolates faulty strings to prevent overheating and equipment damage. Proper fuse selection is critical, considering fuse rating, breaking capacity, and installation, to ensure reliable protection in high-voltage solar applications.

New 2D Materials Enable High-Efficiency Solar on Any Surface

Researchers at the Polytechnic University of Madrid are pioneering ultra-thin, two-dimensional solar cell materials through a novel technique called “hot-pick-up.” These lightweight, flexible cells enhance energy efficiency and can be integrated into urban environments. Simulations indicate they could meet 30% of a skyscraper's energy needs, revolutionising urban energy solutions.

Explained – How Solar Batteries Ensure Reliable And Continuous Power For Your Home

Solar batteries enhance the reliability of solar energy for homes by storing excess electricity generated during the day. They provide backup power during outages, promote energy independence, and optimize energy management through smart technology. Despite initial costs, their efficiency and environmental benefits make them an increasingly practical solution for sustainable energy.

Solar Tech Weekly: Sodium-Ion Battery Breakthrough; Hopewind Achieves Philippines Grid Compliance and More…

Recent innovations in energy storage technologies include a sodium-ion battery with improved capacity and the ability to desalinate seawater, promising a sustainable alternative to lithium-ion. Additionally, companies like GoodWe and Hopewind are enhancing energy management in regions like MENA and the Philippines, while smart plasma systems advance clean hydrogen production.

Breakthrough Sodium-Ion Battery Doubles Energy Capacity and Enables Seawater Desalination

Researchers at the University of Surrey have developed a sodium-ion battery that significantly enhances energy storage and introduces desalination. Using nanostructured sodium vanadate hydrate, the battery retains water to double capacity, charge faster, and withstand over 400 cycles, while also operating in seawater to purify water. This advancement offers potential for integrated energy-water solutions.

AUSTRALIA

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Find Most Read Solar Content

RenewX 2026: A Decade of Powering South India’s Green Revolution – Julian Thomas, Portfolio Director (Energy & Battery Industry – India), Informa Markets

Over the past decade, how has RenewX Expo reflected the evolving renewable energy market in South India and highlighted key trends for India and...

Malawi Nears Energy Breakthrough With Mozambique Power Interconnection Project

Malawi's Mozambique-Malawi Power Interconnection Project is nearing completion, expected to be operational by mid-2026. This 218-kilometer high-voltage line will connect Malawi to the Southern African Power Pool, allowing electricity trade and reducing dependence on hydropower. The project aims to enhance electricity availability, stimulate economic growth, and foster regional cooperation.

Breakthrough Sodium-Ion Battery Doubles Energy Capacity and Enables Seawater Desalination

Researchers at the University of Surrey have developed a sodium-ion battery that significantly enhances energy storage and introduces desalination. Using nanostructured sodium vanadate hydrate, the battery retains water to double capacity, charge faster, and withstand over 400 cycles, while also operating in seawater to purify water. This advancement offers potential for integrated energy-water solutions.