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Ministry Of Power Proposes LPS Rule Changes To Extend Payment Security To Standalone Energy Storage Providers

India’s Ministry of Power has proposed extending late-payment protections to standalone energy storage providers. The amendment would define eligible providers and offer payment security, surcharges, and default safeguards. Open for stakeholder comments until December 10, 2026, the proposal aims to reduce financial risks, attract investment, and support renewable integration through expanding storage infrastructure.

Ministry Of Power Proposes Mandatory Domestic Content Rules For Energy Storage In Four Renewable Power Bidding Guidelines

India’s Power Ministry has proposed amendments to renewable-energy and battery-storage procurement guidelines, requiring domestic content compliance for integrated and standalone storage systems. Changes also mandate storage where regulations require it and revise payment security rules, allowing optional developer contributions of up to ₹5 lakh/MWh. Stakeholders may submit feedback by November 25, 2026.

ERC Reviews Electricity Billing Reforms, Energy Storage Rules and Five-Year Retail Competition Roadmap In The Philippines

The ERC’s 46th Open Commission Meeting reviewed reforms to electricity cost adjustments, energy storage regulation, and retail competition. Proposed measures would improve billing transparency, prevent duplicate recovery of storage costs, establish licensing and safety standards, and gradually expand consumer choice through a five-year Retail Competition and Open Access roadmap, subject to market readiness.

OERC Proposes New Renewable Purchase And Energy Storage Obligations For Odisha Through 2026 Regulations

OERC has proposed 2026 regulations replacing Odisha’s 2021 renewable energy framework. The draft sets rising RPO targets from 35.95% in FY 2026-27 to 43.33% by FY 2029-30, alongside ESO targets of 2.5% to 4%. Stakeholder comments are invited until December 5, 2026, with SLDC overseeing compliance and reporting.

TENDER WATCH

South Korea Advances 1 MW Community Solar Project Through Solar Income Village Initiative

South Korea’s Ministry of Climate, Energy and Environment is expanding its Solar Income Village initiative to support rural renewable energy projects and increase community incomes. Sudong Village’s planned 1 MW solar project has strong resident backing but faces grid constraints. A revised Energy Storage System programme will involve private VPP operators in financing and operating storage solutions.

Philippines Joins Vietnam And Indonesia To Accelerate Solar And Battery Storage Deployment In Island Communities

The Philippines, Vietnam, and Indonesia launched a partnership to replace costly diesel generators in remote communities with solar PV and battery storage. The initiative will promote investment, coordinated planning, and technical development. Philippines plans to include island electrification in its Green Energy Auction program, building on projects that have cut costs and enabled 24-hour electricity.

Nigeria Commissions 1.6 MW Solar Hybrid Project At Federal University of Lafia

Federal University of Lafia has commissioned a 1.6-megawatt captive solar hybrid power project under Phase III of the Federal Government’s Energising Education Programme. The facility is expected to improve electricity reliability, support digital learning, laboratories, teaching and research, and strengthen the university’s infrastructure while advancing renewable energy and human capital development.

EDF Power Solutions And Anglo American Commission 520 MW Wind And Solar Cluster In South Africa

EDF power solutions and Anglo American have commissioned South Africa’s 520 MW Koruson 2 renewable energy cluster, comprising two wind farms and a solar plant. Through Envusa Energy, the projects will supply mining customers under 20-year agreements, reduce emissions by about 2.2 million tonnes annually, and support local ownership, financing, and community benefits.

TRENDING STORIES THIS WEEK

Octopus Energy Launches $600 Million Asia Fund, Begins With 450 MW Solar And 350 MWh Storage Investment In Philippines

Octopus Energy launched the $600 million Octopus Asia Electrification Fund to finance renewable energy and storage projects across Asia, beginning with the Philippines. Backed initially by $50 million from Japanese investors, it will support Octali Energy’s planned 450 MW solar and 350 MWh battery projects, helping reduce fossil-fuel dependence and strengthen regional energy security.

Neoen Secures AUD 1.8 Billion Financing For 1.2 GW Renewable Energy Portfolio In Australia

Neoen secured AUD 1.8 billion from 13 lenders to finance five Australian renewable assets totaling 1.2 GW, including wind, solar and battery projects across three states. The deal lifts Neoen’s Australian debt financing since 2024 above AUD 5 billion, supporting 4.7 GW across 20 assets and advancing its goal of 10 GW by 2030.

MHI Receives 22 Bids For 10 GWh Grid-Scale Battery Manufacturing Under PLI Scheme

India’s Ministry of Heavy Industries received 22 bids to establish 10 GWh of Advanced Chemistry Cell battery manufacturing capacity for grid-scale stationary storage under the ₹18,100-crore PLI scheme. The tender supports the broader goal of developing 50 GWh domestically, strengthening energy security, renewable integration, supply chains, and India’s global battery manufacturing ambitions.

Coro Energy Secures US$20 Million Mirova Financing To Expand Vietnam’s Rooftop Solar Portfolio

Coro Energy secured up to US$20 million from Mirova to finance Vietnamese commercial and industrial rooftop solar projects, including potential battery storage developments. The facility includes an initial US$10 million tranche, eight-year tenor, and 9.5% fixed interest rate. Coro also plans to raise at least £750,000 through a share placing, subject to shareholder approval.

IN CONVERSATION

“Integrated Fluid Control Solutions Are Key to Reliable Hydrogen Applications”: Dongshin Oh of Bürkert Korea

At World Hydrogen Expo 2026, Bürkert Korea’s Dongshin Oh explained how integrated valves, sensors and automation support hydrogen production, compression, distribution and fuel-cell systems. Bürkert combines standard components with customised modules and control cabinets, emphasising safety and reliability in high-pressure applications. The company also aims to expand across Korea, Japan and Malaysia.

Connecting Nuclear Power, Hydrogen Innovation and Global Partnerships : Kong Young-gon, Vice President, KHNP HyNew

KHNP is developing clean hydrogen production using nuclear and renewable electricity, with projects including the commissioning of a Korean production base and a 10 MW low-temperature electrolysis demonstration. It is also advancing high-temperature electrolysis, strengthening the full hydrogen value chain and pursuing international partnerships. Commercial success will depend on costs, infrastructure, reliability and committed customers.

“The Sun Is Africa’s Gold”: Jinko Solar’s Adama Cissé on West Africa’s Solar Growth, Technology and Opportunities

West Africa's solar PV market is growing due to increasing electricity demand and utility-scale projects, although diverse regulations and climatic challenges persist. In a discussion with Adama Cissé of Jinko Solar, she highlights the importance of technology choice and local partnerships in driving adoption, along with the successful introduction of the Tiger Neo 3.0 technology.

“India’s Energy Storage Market Is Set for Strong Growth Over the Next 3–5 Years”: William Gui, Sineng Electric

India's energy storage market is set for rapid growth, emphasising grid stability, efficiency, and advanced technologies. Sineng Electric's General Manager highlights the importance of grid-forming technology in supporting renewable energy integration. The company aims to enhance local operations and develop efficient solutions aligned with India's energy transition and project demands.

MARKET INSIGHTS

Global Renewable Energy Capacity Set To Grow By 4,800 GW By 2031, With Solar Leading Expansion—IEA

Global renewable capacity could grow by nearly 4,800 GW from 2026 to 2031, led by solar PV and strong onshore wind expansion. India and developing economies will contribute substantially, alongside rising rooftop and off-grid solar adoption. However, grid constraints, curtailment and negative prices require investment in transmission, storage, flexibility and faster policy implementation to meet global targets.

CEA And Danish Energy Agency Release Technology Catalogue To Advance India’s Energy Storage Sector

India’s CEA and Danish Energy Agency have released a technology catalogue to guide energy storage planning and investment. Covering batteries, pumped storage, compressed air, and thermal systems, it compares technologies under Indian conditions. The catalogue supports renewable integration, grid reliability, informed project development, and India’s transition toward net-zero emissions by 2070.

Global Energy And Climate Plans Face Growing Alignment Gap Towards 2050—IRENA

Aligning long-term energy scenarios with low-emission strategies is essential for consistent decarbonization, investment and energy security. Although alignment is relatively strong for 2030, the gap expands from 19% to 45% by 2050, compounded by limited emissions data. Shared modelling, institutional cooperation, legislation, synchronized updates and stakeholder engagement can improve coherence and prevent fossil fuel lock-in.

India and Denmark Develop Green Fuel Technology Catalogue to Support India’s Net-Zero 2070 Ambition – CEA

India and Denmark have launched a Green Fuels Technology Catalogue to support India’s transition toward net-zero emissions by 2070. Covering electrolyzers, hydrogen storage, green ammonia, and biomass gasification, it offers transparent information on technology readiness, costs, applications, and performance. The resource will guide policymakers, investors, and industries while strengthening decarbonization, energy security, and bilateral cooperation.
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“The Sun Is Africa’s Gold”: Jinko Solar’s Adama Cissé on West Africa’s Solar Growth, Technology and Opportunities

West Africa's solar PV market is growing due to increasing electricity demand and utility-scale projects, although diverse regulations and climatic challenges persist. In a discussion with Adama Cissé of Jinko Solar, she highlights the importance of technology choice and local partnerships in driving adoption, along with the successful introduction of the Tiger Neo 3.0 technology.

NTPC Green Energy Invites Bids For 250 MW/1,000 MWh Battery Storage Project At Kayamkulam

NTPC Green Energy has invited domestic bids for turnkey BOS execution of a 250 MW/1,000 MWh grid-connected BESS at Kayamkulam. The scope covers infrastructure, installation, commissioning, switchyard, evacuation systems, civil works, EMS and SCADA. NGEL will supply batteries and PCS. The contractor must provide five-year O&M. Bids are due December 11, 2026.

How Molecular Chirality Controls Photocurrent in 2D Hybrid Perovskites

Research from the Institute of Science Tokyo reveals that the molecular chirality of 2D organic-inorganic hybrid perovskites affects the direction of light-induced photocurrent. By using enantiomers to control crystal polarity, the study enhances understanding of charge transport in perovskites, paving the way for advanced optoelectronic applications, though not directly improving solar-cell efficiency.