A study on the global PV manufacturing equipment market, commissioned by VDMA. The report projects annual CAPEX rising from $16.6 billion in 2025 to $43.8 billion by 2035, with a cumulative market of up to $300 billion. It highlights Europe’s strengths in high-quality, reliable equipment but notes the lack of a strong domestic market.
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Indian green hydrogen developers are seeking offtake contracts in Japan and South Korea to drive investments in green hydrogen and green ammonia projects, as the domestic market is still emerging. Securing these contracts is crucial for decarbonizing heavy industries and establishing India as a key player in the global renewable energy market.
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Zen Mobility and Delhivery have signed an MoU for a 3–5 year partnership to deploy thousands of electric vehicles across India. Building on 500+ EVs already operational, the initiative aims to expand across Tier 1, 2, and 3 cities. The EV fleet—two-, three-, and four-wheelers—will reduce logistics costs by up to 35% and achieve high uptime.
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Google has secured a power distribution licence for its 1 GW data centre hub in Vizag, Visakhapatnam, marking a key milestone for its ₹ 1.25 lakh crore investment. Approved by the Andhra Pradesh cabinet, the licence allows direct power procurement and distribution, improving reliability and cost efficiency.
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MaxVolt Energy has announced its upcoming L3 Lithium Ferrous Phosphate (LFP) battery system for electric mobility applications. The 51.2V-105Ah pack is designed for electric three-wheelers, cargo vehicles, and light commercial EVs. Built on LFP chemistry, it offers high thermal stability, long lifecycle, and reliable performance under harsh Indian conditions.
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Google has begun construction of a gigawatt-scale AI hub in Visakhapatnam, Andhra Pradesh, in partnership with AdaniConnex and Nxtra by Airtel. Backed by a $15 billion investment plan (2026–2030), the project will include three data centre campuses, fibre network expansion, and clean energy integration.
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AmpereHour Energy has deployed a centralized 500 kVA/608 kWh battery energy storage system at the Organo Antharam residential community in Hyderabad in partnership with Organo Eco Habitats. The system integrates solar PV, grid power, and storage to provide uninterrupted, clean electricity while eliminating diesel generator use.
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Ola Electric Mobility has allotted ₹127.64 crore worth of optionally convertible redeemable preference shares through its subsidiary Ola Electric Technologies to another group arm, Ola Cell Technologies, via preferential issuance. The transaction, fully subscribed within the group, aligns with revised IPO proceeds utilisation approved earlier by shareholders.
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LONGi Green Energy Technology Co., Ltd. showcased its latest solar innovations and signed MOUs totaling 1.3 GW at the Solar and Storage Live Africa Event. The company launched the Hi-MO 9 Hydroclear module for high-dust environments and the S10 Ultimate Power Module delivering up to 685 W and 25.
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Researchers in the United States have developed an adaptive, machine learning-based EV charging technique capable of reducing charging time to under 10 minutes while preserving battery health. The system dynamically adjusts charging protocols based on real-time battery condition, addressing variability in lithium-ion performance.
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Mauritius is gradually developing its EV charging infrastructure, with a limited but growing network of public and private charging points, primarily concentrated in urban areas. The market benefits from strong renewable energy potential, with increasing emphasis on solar-powered and off-grid charging solutions to address grid constraints.
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Haryana Department of Town and Country Planning has proposed making EV charging infrastructure mandatory in residential and commercial buildings to accelerate electric vehicle adoption. The draft rules require charging points in basements or stilt parking, with fire safety compliance, and exempt EV infrastructure from FAR limits.
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ChargeZone and Tata Passenger Electric Mobility Ltd have inaugurated a 720 kW co-branded mega EV charging hub at Khalapur on the Mumbai–Pune Expressway. The facility, part of their 75th joint installation, features 10 charging points and supports fast charging up to 360 kW. Designed to serve highway EV traffic efficiently, it can charge multiple vehicles simultaneously and aims to expand to over 100 hubs, strengthening India’s intercity electric mobility infrastructure network.
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Versogen has partnered with InSolare Energy Limited to deploy advanced AEM electrolyzer technology in India, supporting the country’s green hydrogen ambitions. Originating from University of Delaware, the technology enables efficient, low-cost hydrogen production using renewable energy. InSolare plans to establish a 250–300 MW manufacturing facility, scalable to 1 GW, boosting domestic capacity, supporting decarbonisation, and aligning with India’s National Green Hydrogen Mission targets.
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