Saturday, June 13, 2026

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GERC proposes ₹1.50 per unit banking charges under draft Green Energy Open Access Amendment Regulations, effective until August 2026

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Mohan Gupta -
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The Gujarat Electricity Regulatory Commission has proposed a draft amendment to the Green Energy Open Access framework, aiming to update rules for renewable energy distribution in Gujarat. Key changes include revised banking charges for energy generators and a fixed rate of Rs. 1.50 per unit until August 31, 2026, allowing flexibility for future adjustments.
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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

Just 6 Days to Go: Solar & Storage Expo Odisha 2026 Set to Accelerate the State’s Clean Energy Journey  

The Solar & Storage Expo Odisha 2026, set for June 19, 2026, at Swosti Premium Limited, Bhubaneswar, will unite over 300 professionals to discuss advancements in clean energy and energy storage. The event features various industry forums and the Odisha Energy Excellence Awards, promoting collaboration and innovation in Odisha's renewable energy sector.
News

AM Green, VOC Port Sign MoU to Develop Green Ammonia Bunkering Hub in Tuticorin

AM Green and the V.O. Chidambaranar Port Authority have signed a MoU to develop VOC Port in Tuticorin into a green ammonia production hub. By 2029-30, they aim for 200 KTPA bunkering capacity through an investment of ₹2,000 crore, potentially scaling to 500 KTPA by 2035, with further investments in green ammonia and renewable power.
News

Radiance Renewables Signs Green Power PPA with Softgel Healthcare, Aiming to Avoid 130,000 Tonnes of COâ‚‚ Emissions

Radiance Renewables has signed a Power Purchase Agreement with Softgel Healthcare to supply green power, enhancing the healthcare manufacturer's sustainability efforts while reducing costs. The initiative aims to cut carbon emissions by 130,000 tonnes and conserve significant water resources, reflecting the wider trend of Indian industries transitioning to renewable energy.
News

MNRE to Host Global Wind Day 2026 Conference in Goa to Accelerate Wind Energy Growth

The Global Wind Day 2026 Conference, hosted by the Ministry of New and Renewable Energy in Goa on June 15, will focus on accelerating wind energy in India. Key discussions will include resource adequacy, grid readiness, and manufacturing competitiveness, aiming for 100 GW of wind capacity by 2030 and 155 GW by 2035.

EUROPE

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.
News

GreenYellow to Install 38 MWp of Solar Capacity for Carrefour Brazil

GreenYellow has partnered with Carrefour Brazil to implement 54 solar projects totaling around 38 MWp. These installations, set to generate 56 GWh annually, require over BRL 100 million investment. The project will reduce energy costs and carbon emissions, providing 30 percent of the stores' electricity needs through a self-consumption model.
News

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

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.

AFRICA

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.
News

Eskom Launches Eskom Green to Drive Renewable Energy Expansion in South Africa

Eskom has introduced Eskom Green, a new renewable energy division focused on developing utility-scale projects to decarbonize South Africa's power sector. Targeting 6 GW of carbon-free electricity by 2030 through 17 priority projects, it aims to expand to 32 GW by 2040, seeking private funding to enhance access to clean energy.
News

Mulilo Achieves Financial Close For 77 MW/308 MWh Battery Storage Project In South Africa

Mulilo, a South African energy company, has achieved financial close for its Hartebeesfontein Battery Energy Storage System, with a capacity of 77 MW and 308 MWh. Located near Klerksdorp, it will enhance grid reliability and support renewable energy integration. The project highlights collaboration among public and private stakeholders to advance the country’s energy infrastructure.

THE MIDDLE EAST

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.
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.

SOUTH EAST ASIA

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

Angeles Power Secures Financing for 50-MW Solar Project in the Philippines

Angeles Power Inc. has obtained a PHP 2-billion loan from BPI to finance its 49.9-MWac PALDO CT Solar Project in Tarlac. This project aims to enhance clean energy generation and replace a 30-MW power plant, supporting the Philippines' renewable energy goals. Construction is underway, with solar panel shipments delivered.
News

Philippines Accelerates Clean Energy Growth with PHP344.62 Billion Renewable Energy Investments

The Philippines is bolstering its renewable energy sector with PHP344.62 billion in investments approved under the Green Lane initiative, generating approximately 38,716 jobs. Energy Secretary Sharon Garin emphasized the role of renewables in economic growth and energy security, aiming for 35% and 50% shares in the power mix by 2030 and 2040, respectively.

NEWS BRIEFS

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FROM ACROSS THE GLOBE

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

IEEFA Report Highlights Australian Business Rooftops As Major Untapped Source Of Clean Energy In Solar Transition Gap

A report reveals that Australian business rooftops are a major untapped source of clean energy, with solar adoption lagging at 5.6 GW compared to 22 GW in households. Barriers include complex investment issues, varied network tariffs, and slow grid connections. Recommendations for policy improvements aim to enhance business solar uptake and support Australia's clean energy transition.
News

Iberdrola Portugal Expands Solar Communities Across Country To Boost Shared Renewable Energy Access And Electrification

Iberdrola Portugal is advancing renewable energy accessibility through ten community solar projects, with two operational and eight in development. These initiatives aim to share 1.7 million kWh of renewable electricity, reduce carbon emissions, and foster a decentralized energy system that benefits local communities and promotes economic growth while enhancing energy efficiency.
News

Solis Concludes Successful SNEC PV+ 2026 with Strong Global Interest in Full-Scenario Energy Storage Portfolio

Solis excelled at SNEC PV+ 2026, garnering significant attention for its comprehensive energy storage solutions across residential, commercial, and utility-scale applications. With innovations like the EverCore system and certifications for residential products, Solis aims to enhance energy resilience and optimize usage, reinforcing their commitment to a sustainable energy future.

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

Avaada to Commission India’s Largest Solar Cell Manufacturing Facility in Nagpur

Avaada Group will start operations at its 6 GW solar cell manufacturing plant in Nagpur, India’s largest of its kind. This facility, part of a ₹13,000 crore investment, aims to reduce solar cell imports and strengthen domestic manufacturing, creating jobs and enhancing supply chain resilience in renewable energy.
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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