Tuesday, March 31, 2026
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UPEX 2026

TGERC Approves Revised ARR And Tariffs For TGTRANSCO, Orders Consumer Surplus Adjustment In Telangana

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On March 28, 2026, the Telangana Electricity Regulatory Commission set the financial framework for TGTRANSCO, approving the revised Aggregate Revenue Requirement (ARR) and transmission tariffs for 2026-27. Key outcomes include a surplus refund proposal, a capital expenditure plan of ₹4,432.61 crore, and a reduced Return on Equity due to late filing penalties, impacting finances.

AMERICAS

ARRAY Technologies Opens New 30,000-Square-Foot Headquarters For APA Solar In Ohio To Accelerate Utility-Scale Innovation

ARRAY Technologies has opened a new 30,000-square-foot headquarters for APA Solar in Ohio, aiming to enhance collaboration across teams and improve solar solutions. The facility includes a Foundations Center of Excellence and a research center to advance product development. CEO Kevin Hostetler highlights this as a strategic investment in growth and innovation.

SEIA Praises Gov. Sherrill After Signing Of A4529/S3819, Advancing Grid Resilience And Lower-Cost Power In New Jersey

Governor Mikie Sherrill has signed A4529/S3819, a law enhancing support for transmission-scale energy storage projects in New Jersey. This bipartisan initiative aims to boost energy storage development, improve grid resilience, and reduce electricity costs. According to advocates, increased storage will lower dependence on expensive gas plants, benefiting residents statewide.

Entergy Louisiana and Meta Seal New Deal to Power $2B in Customer Savings for Mega Data Center

Entergy Louisiana has partnered with Meta to enhance the state’s technology infrastructure through a significant data center investment. The agreement is projected to save customers about $2.65 billion over 20 years, with Meta covering its service costs. This initiative will create jobs, improve energy reliability, and support community programs, boosting local economies.

U.S. Adds 43 GW Of New Solar In 2025 As SEIA And Wood Mackenzie Report Fifth Straight Year Of Solar Leading All Power Sources

In 2025, the U.S. solar industry added 43 gigawatts of capacity, maintaining its dominance in new power generation. Despite regulatory challenges, solar and energy storage accounted for 79% of new installations, driven by demand from data centers. The report anticipates 490 gigawatts of solar capacity by 2036, emphasizing the need for stable policies to sustain growth.
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INDIA AND SOUTH ASIA

Oriana Power Secures ₹3,135 Crore Green Ammonia Deal With Solar Energy Corporation Of India

TrueRE Oriana Power has signed a 10-year agreement with the Solar Energy Corporation of India to supply 60,000 tonnes of green ammonia annually at ₹52.25 per kg, totaling around ₹3,135 crore. This project, aimed at enhancing India's clean energy sector and reducing fossil fuel dependency, will be developed in Madhya Pradesh.

Servotech Renewable Appoints Vipin Kaushik as Chief Financial Officer

Servotech Renewable Power System Ltd. has appointed Vipin Kaushik as Chief Financial Officer, effective April 1, 2026. Kaushik, a Chartered Accountant with over 20 years of experience, will oversee financial operations and strategic planning. His previous roles include Financial Controller at Servotech and CFO at various prominent companies.

Indian Stock Market Slides As Green Energy Stocks Face Broad Selling Pressure

On March 30, 2026, the Indian stock market experienced significant declines, with the Nifty 50 and Sensex dropping by 2.14% and 2.22%, respectively. Most sectors suffered, especially midcap and green energy stocks, with major losses among companies like Adani Green and Websol Energy, reflecting cautious investor sentiment.

Pace Digitek Secures 200 MW / 400 MWh BESS EPC Order from NTPC for Nabinagar Super Thermal Power Station

Pace Digitek Limited has secured a ₹4,945.4 million contract from NTPC Limited for a 200 MW / 400 MWh Battery Energy Storage System at the Nabinagar Super Thermal Power Station in Bihar. The project emphasizes Pace Digitek's expertise in integrated energy solutions, contributing to India's increasing reliance on utility-scale energy storage.

EUROPE

Green Genius Secures Additional €50 Million From EBRD To Advance 1.9 GW Renewable Pipeline Across The Baltics And Poland

The European Bank for Reconstruction and Development has increased its investment in Green Genius to €150 million with a €50 million follow-on funding. This investment supports Green Genius's expansion in renewable energy projects and battery storage systems in Lithuania, Latvia, and Poland, enhancing energy security and reducing fossil fuel dependency in the region.

Statkraft And Seven Major EU Power Companies Urge Brussels To Protect EU ETS And Speed Up Europe’s Clean-Energy Transition

Statkraft and seven major European power companies have urged EU leaders to protect key energy policies to enhance Europe’s competitiveness. They emphasize the importance of the EU Emissions Trading System and the internal electricity market. The companies advocate for stable policies to attract investments, accelerate decarbonisation, and maintain affordable energy.

Qair Secures Financing for 203 MW Solar and Wind Portfolio in Poland

Qair has secured PLN 350 million (approximately €82 million) in financing from Bank Gospodarstwa Krajowego (BGK) to develop a 203 MW portfolio of solar...

AFRICA

Côte d’Ivoire Achieves Financial Closure For 52 MWp Solar Project In Ferkessédougou

An international consortium has secured financial closure for a 52 MWp solar project in Côte d'Ivoire, advancing the nation’s clean energy goals. The initiative, led by PNE AG, aims to enhance electricity supply and decrease carbon emissions by providing renewable energy, creating jobs, and fostering local skills in solar technology.

Africa Adds Nearly 1 GW Solar Capacity In Q1 2024, Led By South Africa Surge

Africa's solar energy sector experienced significant growth in early 2024, adding nearly 1 gigawatt of new capacity. South Africa led this expansion with 928 megawatts, driven by rising electricity costs and increased private sector participation. While facing financial and regulatory challenges, the continent is harnessing its solar potential, indicating a positive outlook for the year.

South Africa Commissions 240 MW Mooi Plaats Solar Plant, Boosting Clean Energy Transition

South Africa's Mooi Plaats solar PV facility, located in the Northern Cape, is the country's largest single-site solar power project with a capacity of 240 MW. Developed by Envusa Energy, it aims to supply clean energy to industrial operations while creating jobs and fostering local community benefits, highlighting the importance of private partnerships in renewable energy.

ATESS Power Showcases Cutting-Edge Energy Storage Solutions at Solar & Storage Live Africa 2026

ATESS Power successfully showcased its innovative solar and energy storage solutions at Solar & Storage Live Africa 2026. The company hosted two product launches, unveiling advanced technologies tailored for Africa's energy landscape. The event attracted significant interest from regional stakeholders, reinforcing ATESS's commitment to driving renewable energy transition across the continent.

THE MIDDLE EAST

Middle East Renewable Energy Investment Surges 28% Driven By AI And Government-Backed Projects

Renewable energy investment in the Middle East surged by 28% over the past year, reaching $12.9 billion in 2025. Driven by AI's power demands and government backing, the region benefits from quicker project execution compared to Western markets. However, challenges remain, including energy availability and fragmented technology systems.

India Ensures Adequate Power Supply for Summer 2026 Amid Global Energy Challenges

India is set to meet peak electricity demand from April to June 2026, with a generation capacity of 524 GW. Strategic measures, including operationalizing the CGPL plant and enhancing coal logistics, have been implemented. Despite challenges in gas supply, the government ensures robust power availability through coal, renewables, and policy reforms.

Middle East Renewable Energy Investment Surges On AI Demand And Integrated Infrastructure Push

Investment in renewable energy in the Middle East is surging, reaching US$12.9 billion in 2025, a 28% increase from the previous year. Driven by AI infrastructure growth and effective government support, the region's coordinated energy planning contrasts with delays in Western markets. This approach, alongside rising demand for advanced energy systems, positions the Middle East as a leader in renewable energy development.

Australia’s Solar Journey Offers Key Lessons For Dubai’s Renewable Energy Growth – Insight 

The UAE, led by Dubai, is enhancing its role in renewable energy, particularly solar power. As investments increase, the focus is shifting from rapid growth to system quality and performance. Lessons from Australia's solar market underscore the importance of component quality, battery storage, and consumer awareness, providing valuable insights for Dubai’s future.

SOUTH EAST ASIA

Southeast Asia Weekly Roundup: Indonesia Targets 100 GW Solar; Vietnam Boosts Solar Recycling and More…

Southeast Asia is advancing renewable energy initiatives, with Indonesia pushing a 100 GW solar plan for energy independence, Vietnam enhancing solar sustainability through recycling, and Malaysia progressing utility-scale solar projects. Financial support is increasing, as seen with a €200 million credit line in Vietnam and strategic investments across the region, ensuring a stable energy future.

Vietnam Pushes Rooftop Solar and Energy Saving to Secure Power Future

Vietnam's Prime Minister, Pham Minh Chinh, has launched a directive to enhance energy security, emphasizing electricity conservation and the expansion of rooftop solar power. The initiative seeks to stabilize supply amid economic growth and climate goals, targeting reduced energy use across sectors, improved infrastructure, and a balanced energy mix, including renewables.

August Energy  And  Mega Energy JV To Boost Zero-Capex Solar Adoption In Vietnam’s C&I Sector

August Energy and Mega Energy have launched a joint venture, August Mega Energy, to promote clean energy in Vietnam's commercial sector. It offers zero-capex solar solutions, allowing companies to install systems without upfront costs. This initiative supports Vietnam's transition to renewable energy, aligning with global sustainability demands while reducing operational expenses.

Malaysia’s Energy Transition Gains Momentum With Rising Role Of Battery Storage Systems

Malaysia's energy sector aims for 70% renewable capacity by 2050, focusing on grid stability amidst solar power fluctuations. Battery Energy Storage Systems, especially Lithium Iron Phosphate with liquid cooling, are crucial for stability and cost-saving strategies like peak shaving. Compliance with regulations is essential, but initial investments can yield returns within five to seven years. AI advancements further enhance energy management and operational efficiency.

FROM ACROSS THE GLOBE

Canadian Solar Inc. Unit e-STORAGE To Supply 420 MWh Of Battery Systems For Two Major Drax Group Projects In The UK

Canadian Solar Inc. will supply 420 MWh AC of battery storage systems to Drax Group for two UK projects, enhancing grid flexibility. The installations, featuring SolBank 3.0 technology, will start in 2026 and 2027. This collaboration aims to support the UK's transition to renewable energy through improved energy infrastructure.

Servotech Renewable Appoints Vipin Kaushik as Chief Financial Officer

Servotech Renewable Power System Ltd. has appointed Vipin Kaushik as Chief Financial Officer, effective April 1, 2026. Kaushik, a Chartered Accountant with over 20 years of experience, will oversee financial operations and strategic planning. His previous roles include Financial Controller at Servotech and CFO at various prominent companies.

South Africa Commissions 240 MW Mooi Plaats Solar Plant, Boosting Clean Energy Transition

South Africa's Mooi Plaats solar PV facility, located in the Northern Cape, is the country's largest single-site solar power project with a capacity of 240 MW. Developed by Envusa Energy, it aims to supply clean energy to industrial operations while creating jobs and fostering local community benefits, highlighting the importance of private partnerships in renewable energy.

Long-Term Government Contracts Make 800 Super A Strategic Addition To Actis’ Sustainable Infrastructure Portfolio

Actis has acquired a 90% stake in Singapore’s environmental management firm 800 Super, enhancing its Long Life Infrastructure Fund 2 portfolio. This strategic investment supports sustainable infrastructure, providing stable revenue through long-term government contracts. With over 20 years of experience, 800 Super is integral to Singapore’s 2030 sustainability goals, reinforcing Actis’ commitment to essential services.

INSIGHTS

Middle East Renewable Energy Investment Surges 28% Driven By AI And Government-Backed Projects

Renewable energy investment in the Middle East surged by 28% over the past year, reaching $12.9 billion in 2025. Driven by AI's power demands and government backing, the region benefits from quicker project execution compared to Western markets. However, challenges remain, including energy availability and fragmented technology systems.

India Generates 25,295 MU Renewable Power In February 2026, Solar Dominates With Over 67% Share

In February 2026, India generated 25,295.17 million units of electricity from renewable sources, a 25.26 percent year-on-year increase. Solar energy led with 16,983.54 MU, while wind contributed 5,661.07 MU. Together, they accounted for nearly 89.52 percent of renewable output, highlighting the growing role of clean energy in India’s electricity system.

Middle East Renewable Energy Investment Surges On AI Demand And Integrated Infrastructure Push

Investment in renewable energy in the Middle East is surging, reaching US$12.9 billion in 2025, a 28% increase from the previous year. Driven by AI infrastructure growth and effective government support, the region's coordinated energy planning contrasts with delays in Western markets. This approach, alongside rising demand for advanced energy systems, positions the Middle East as a leader in renewable energy development.

Australia’s Solar Journey Offers Key Lessons For Dubai’s Renewable Energy Growth – Insight 

The UAE, led by Dubai, is enhancing its role in renewable energy, particularly solar power. As investments increase, the focus is shifting from rapid growth to system quality and performance. Lessons from Australia's solar market underscore the importance of component quality, battery storage, and consumer awareness, providing valuable insights for Dubai’s future.

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

Solar-Driven Process Converts CO₂ into Sustainable Aviation Fuel

A research team led by the University of Sheffield has unveiled a solar-powered pathway to produce sustainable aviation fuel (SAF), offering a potential breakthrough...

Explained – Role Of Ultra-Thin Oxide Layers In Enhancing Carrier Selectivity In Topcon Cells

TOPCon solar cells utilize a Tunnel Oxide Passivated Contact design to enhance efficiency by selectively allowing either electrons or holes to pass through, minimizing recombination losses. The ultra-thin silicon dioxide layer provides tunneling capabilities and surface passivation, crucial for high performance. Optimizing this layer is vital for advancing solar 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.

AUSTRALIA

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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...

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.

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.