Monday, June 15, 2026

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Fortis Energy Begins Construction of 75 MWp Solar-Plus-Storage Project in Albania

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Fortis Energy has begun constructing the 75 MWp Ersekë Solar Power Plant in southeastern Albania, which includes a battery energy storage system. The project is anticipated to produce around 135 GWh of renewable electricity annually and is part of Fortis Energy's strategy to enhance renewable energy across Southeast Europe, aiding Albania's energy diversification.
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AMERICAS

News

Ormat Technologies Launches Ormega100, A 100MW Surface Power Unit Designed For Enhanced Geothermal Systems

Ormat Technologies has launched the Ormega100, a powerful geothermal generation unit producing 100MW of electricity, aimed at advancing Enhanced Geothermal Systems (EGS). This initiative seeks to bridge subsurface development with large-scale power generation amid rising electricity demands, enhancing Ormat's competitive edge and commitment to renewable energy solutions.
News

ACCIONA Energía Announces New 980MWh Battery Storage Project At El Romero Solar Plant In Chile

ACCIONA Energía is developing a battery energy storage system in Chile's Atacama Desert, to integrate with the El Romero solar plant. The facility will have a capacity of 196MW/980MWh, enhancing renewable energy integration and grid stability. This project will double the company's storage capacity in Chile to 2GWh by 2027.
News

SEIA And Wood Mackenzie Report Shows U.S. Added 7.8 GW Solar Capacity In Q1 2026 Amid Rising Energy Demand

In Q1 2026, the U.S. added 7.8 GW of solar capacity, becoming the leading source of new electricity. Cumulative installations surpassed 6 million. Despite regulatory challenges, solar and storage accounted for 91% of new capacity, driven by heightened energy demand, especially from tech firms. Growth is forecasted to continue despite permitting delays.
News

Cypress Creek Secures USD 3.5 Billion Financing for Arkansas Solar and Energy Storage Project

Cypress Creek Renewables has secured USD 3.5 billion in financing for the Arkansas Steel River Energy Center, a major solar and battery storage project. The first two phases will deliver 1.63 GW of solar capacity and 1.9 GWh of storage, enhancing grid reliability and supporting clean energy growth by 2029.
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INDIA AND SOUTH ASIA

News

ACME Solar Commissions Additional 33.33 MW/120.384 MWh BESS Capacity In Rajasthan

ACME Solar Holdings Limited has successfully commissioned an additional 33.331 MW/120.384 MWh of capacity in its Battery Energy Storage System project in Rajasthan, with a Commercial Operation Date set for June 14, 2026. This expansion brings their total commissioned capacity to 300 MW, enhancing grid stability and integrating renewable energy in India.
News

POWERGRID Wins TBCB Project For Green Hydrogen And Green Ammonia Transmission System In Kakinada

POWERGRID Corporation has won a major project to develop transmission infrastructure for green hydrogen and ammonia in Andhra Pradesh, confirmed by a Letter of Intent on June 12, 2026. The project involves building a 765/400 kV Gas-Insulated Substation and extensive transmission lines, enhancing the region's power supply for clean energy initiatives.
News

MSETCL Acquires Jalna Power Transmission Project SPV From REC Limited Subsidiary

REC Limited has successfully sold Jalna Power Transmission Limited to Maharashtra State Electricity Transmission Company Limited for ₹3.21 crore, completing the transaction on June 12, 2026. This transfer involved all associated assets and liabilities and was executed through its subsidiary, RECPDCL, marking minimal financial impact on REC Limited.
News

RRECL Floats Tender For 201 MW Solarization Of Government Buildings Under Virtual Net Metering In Rajasthan

The Rajasthan Renewable Energy Corporation Limited is seeking online bids to select Solar Power Generators for a significant solarization initiative, targeting clean energy adoption for government buildings. The project includes the design, installation, and maintenance of solar plants, with a total capacity of 201 MWp across the Jaipur Discom area. Key deadlines for bid submission are set for July 2026.

EUROPE

News

Principality Stadium Installs Over 3,000 Solar Panels in UK’s Largest Stadium Rooftop Solar Project

Principality Stadium has installed over 3,000 solar panels, the largest of any UK sports venue, to promote sustainability and renewable energy. The project produces 1.25 million kWh annually, reducing carbon emissions by 220 tonnes and saving £300,000 to £400,000 in energy costs, while also enabling off-grid operation during peak solar generation.
News

Austria Passes Renewable Expansion Acceleration Act to Fast-Track Clean Energy Projects

The Austrian Parliament has enacted the Renewable Expansion Acceleration Act (EABG) to enhance renewable energy deployment by simplifying permitting processes. This legislation aims to boost energy security, attract investments, and support Austria's climate goals, targeting a 30 TWh increase in renewable electricity generation by 2030 and 40 TWh by 2035.
News

Solaria Secures EUR 41 Million in Grants for Agrivoltaic and Battery Storage Projects in Spain

Spanish renewable energy company Solaria has received EUR 41 million in state funding for four agrivoltaic solar projects with battery energy storage systems. These projects promote sustainable land use, enhance grid flexibility, and align with Spain's renewable energy goals. They aim to increase capacity and contribute to the country's decarbonization efforts.

AFRICA

News

First WATT Renewable and MTN Nigeria Partner to Deploy 34 MWp Solar PV and 40 MWh Battery Storage Across Critical Facilities

First WATT Renewable Limited and MTN Nigeria have partnered to enhance renewable energy infrastructure, targeting the reduction of diesel dependence and increasing energy resilience. Their initiative includes deploying 34 MWp solar generation and 40 MWh battery systems across key facilities and EV charging stations, aiming to cut 25,000 tonnes of carbon emissions over five years.
News

Egypt Accelerates Renewable Energy Expansion with Grid Upgrades, Storage Projects and 1.7 GW Energy Valley Initiative

President El-Sisi reviewed Egypt's renewable energy expansion plans, focusing on grid enhancement, solar projects, and battery storage systems aimed at achieving a 45% share of renewables by 2025. Key initiatives include the Energy Valley project and the Obelisk Solar Power Plant. Emphasis was placed on improving grid stability and fostering local energy industries.
News

Africa’s Renewable Energy Boom Reshapes Power Sector And Investment Landscape

Africa's energy sector is rapidly transforming with increased investments in renewable energy, surpassing non-renewable funding by 2025. Driven by supportive government policies and declining technology costs, the shift aims to improve electricity access for nearly 600 million people. Key projects include solar and wind farms, though challenges like regulatory barriers remain.
News

Liberia Boosts Clean Energy Capacity With New 20 MW Solar Plant And Full Restoration Of Mount Coffee Hydropower Station

Liberian President Joseph Boakai announced the full restoration of the Mount Coffee Hydropower Plant’s 88 MW capacity and the commissioning of a new 20 MW solar power plant on June 5, 2026. This achievement enhances Liberia's renewable energy sources, promotes energy security, and aims to improve electricity access, supporting economic growth and sustainability.

THE MIDDLE EAST

News

Egypt Accelerates Renewable Energy Expansion with Grid Upgrades, Storage Projects and 1.7 GW Energy Valley Initiative

President El-Sisi reviewed Egypt's renewable energy expansion plans, focusing on grid enhancement, solar projects, and battery storage systems aimed at achieving a 45% share of renewables by 2025. Key initiatives include the Energy Valley project and the Obelisk Solar Power Plant. Emphasis was placed on improving grid stability and fostering local energy industries.
News

Türkiye Secures €200 Million EIB Funding To Accelerate Green Transition And Support SMEs

Türkiye has received over $230 million from the European Investment Bank, marking its first major financing since 2019. The funds will be split between promoting sustainable industrial projects and green financing for exporters, benefiting SMEs and aligning with Türkiye's climate goals. This signifies improved international confidence in Türkiye's economy.
News

El Salvador Secures USD 9.6 Million Kuwait Loan to Develop San Matías Solar Power Plant, Strengthening Renewable Energy Capacity

El Salvador is advancing the San Matías Photovoltaic Solar Power Plant project, backed by a USD 9.6 million loan from the Kuwait Fund. Expected to generate 20,000 MWh annually, it aims to enhance energy security, diversify the energy matrix, and create jobs, while supporting renewable energy and emissions reduction goals.
News

Masdar to Acquire 49.99% Stake in Repsol’s 705 MW Renewable Energy Portfolio in Spain

Masdar and Repsol have agreed for Masdar to acquire a 49.99% stake in a 705 MW renewable energy portfolio in Spain, valued at €849 million. The portfolio includes 13 wind farms and six solar parks, aiming to enhance Masdar's capacity in the Iberian Peninsula to 4.1 GW upon completion by 2026.

SOUTH EAST ASIA

News

Vietnam’s Growing Solar Market is Facing a Shortage of Trained Workforce

Solplanet has opened its first Service and Training Center in Vietnam and signed a Master Distributor agreement with Vu Phong Energy Group. They launched the Solplanet Certified Installer Program to address the shortage of skilled solar installers. This initiative supports Vietnam's solar market growth, aiming to meet rising demand for technical expertise.
News

Philippines Certifies 13 Renewable Energy Projects Worth PHP 344.62 Billion Under Green Lane Initiative

The Department of Energy Certified 13 renewable energy projects worth PHP 344.62 billion under the Green Lane initiative, which are anticipated to create nearly 39,000 jobs. The initiative aims to enhance clean energy investment, with the Philippines targeting a 35% renewable energy share by 2030 and 50% by 2040.
News

ACEN Invests P1.15 Billion To Advance 300 MW Solar Project And Battery Storage Expansion In Zambales

ACEN Corp. has invested P1.15 billion in its subsidiary, Giga Ace 8 Inc., to support the construction of the 300.11-MWp Palauig Solar 2 project in Zambales, Philippines. This initiative, part of a larger renewable energy plan worth P16 billion, aims to generate over 450 GWh of clean electricity annually and contribute to energy sustainability.
News

Sembcorp Completes Acquisition Of Alinta Energy, Strengthening Australian Renewable Energy Presence

Sembcorp Industries has completed its acquisition of Alinta Energy, enhancing its presence in the Australian energy market. The acquisition provides access to Alinta’s extensive energy platform and supports Sembcorp's renewable energy goals. Alinta will retain its brand and leadership, ensuring operational continuity while aiming for future growth in clean energy solutions.

NEWS BRIEFS

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FROM ACROSS THE GLOBE

News

Vietnam’s Growing Solar Market is Facing a Shortage of Trained Workforce

Solplanet has opened its first Service and Training Center in Vietnam and signed a Master Distributor agreement with Vu Phong Energy Group. They launched the Solplanet Certified Installer Program to address the shortage of skilled solar installers. This initiative supports Vietnam's solar market growth, aiming to meet rising demand for technical expertise.
News

SECI Invites Applications From Advocates And Law Firms For Two-Year Legal Empanelment

The Solar Energy Corporation of India Limited (SECI) is inviting advocates and law firms to apply for a two-year legal empanelment program, extendable by one year. Up to 16 professionals will handle various legal matters, requiring specific expertise and financial criteria. The selection process includes technical evaluations and personal interactions, adhering to strict conflict of interest rules.
News

SECI Seeks ₹1,000 Crore Foreign Loan To Cut Borrowing Costs And Strengthen Renewable Energy Financing

SECI has launched a financing initiative to attract international lenders, seeking up to INR 1,000 Crore through External Commercial Borrowings or a Foreign Currency Term Loan. This strategic move aims to diversify funding sources and lower borrowing costs. With strong financial ratings, SECI plans to use the funds for operational and refinancing needs. Proposals are due within 15 days.
News

Meet Growatt at Global Solar Expo, Guwahati 2026 – Powering the Future of Solar in Northeast India

The solar market in Northeast India is expanding, with Assam becoming a key player in renewable energy. Growatt will participate in the Global Solar Expo 2026, showcasing various solar inverters and energy storage solutions for residential, commercial, and industrial sectors, while highlighting opportunities for collaboration in the region's renewable initiatives.

MARKET INSIGHTS

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INSIGHTS

Insights

Green Energy Stocks Lead Market Decline As Sensex And Nifty Trade In The Red (11 June 2026)

On June 11, 2026, the Indian stock market declined, with the S&P BSE Sensex falling 0.20% and the Nifty 50 dropping 0.18%. Weak investor sentiment led to profit booking across sectors, notably green energy, where many companies, including Adani Green Energy and Larsen & Toubro, experienced losses. Reliance Industries was an exception, gaining 0.31%.
Insights

Jordan Strengthens Renewable Energy Investment Framework To Accelerate Clean Power Growth

Jordan is enhancing its renewable energy sector to attract foreign investment, aiming for a 30 percent renewable energy mix by 2030. Recent amendments to the Investment Law simplify procedures and expand incentives for both new and existing projects. The country’s abundant solar and wind resources present significant opportunities for international developers.
Insights

India Adds Over 21 GW Solar Capacity In Five Months As Policy Support Accelerates Renewable Energy Growth

India's renewable energy sector is thriving, particularly in solar power, which reached nearly 157 GW by May 2026, making up over 68% of total renewable capacity. The country added over 21 GW of solar capacity in early 2026. Policies encouraging domestic production and rising demand signal strong future growth despite some challenges.
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.

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

Weekly Tech Newsletter: Explore The Latest Breakthroughs in Solar, Storage, and More…

Recent advancements in renewable energy include perovskite-silicon tandem cells achieving over 30% efficiency, Deye's scalable energy storage for commercial use, MRAC's smart tracking for enhanced utility-scale solar, and floating solar systems providing untapped potential. Additionally, offshore wind infrastructure is accelerating blue economy growth, creating jobs, and promoting sustainable practices.
Sangita Shetty -

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 -

AUSTRALIA

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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

Saatvik Green Energy Acquires 80% Stake in MELCON Transformers and Electricals

Saatvik Green Energy Limited has acquired an 80% stake in MELCON Transformers and Electricals Private Limited to strengthen its position in India's clean energy sector. This partnership aims to enhance capabilities in transformer manufacturing and supports development of essential power infrastructure for the growing renewable energy ecosystem in the country.
Tech

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.

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