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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Transformers and Rectifiers (India) Ltd. (TARIL) has secured a Power Grid Corporation of India (PGCIL) order worth over ₹1,000 crore for the manufacture and supply of power transformers of various ratings, along with associated works. The project will be executed over 30 months and is among TARIL’s largest contracts.
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KEC International has secured new orders worth ₹1,754 crore across its transmission and distribution (T&D) and cables and conductors businesses. The T&D segment won high-voltage transmission tower supply contracts in the Americas, including its largest-ever tower supply order from the US, while the cables business secured multiple domestic and international orders.
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Transrail Lighting Ltd. has secured new international EPC orders worth ₹459 crore, mainly for transmission line construction projects in the MENA region, strengthening its overseas order book. With these wins, the company’s total order inflow for the current financial year has reached ₹1,034 crore.
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Crompton Greaves Consumer Electricals has secured a ₹29.77 crore contract from MSEDCL to design, manufacture, supply, install, test, and commission 1,397 off-grid DC solar PV water pumping systems across Maharashtra under PM-KUSUM Component B (Mukhyamantri Saur Krushi Vahini Yojana). The project includes a five-year warranty with repair and maintenance services and is scheduled for completion within 60 days of the Notice to Proceed (NTP).
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Sany Renewable Energy has commenced construction of the 168 MW Alibunar Wind Farm in Serbia, marking its first international independent power producer (IPP) project under a build-own-operate model. The €240 million project will feature 40 wind turbines, with Sany managing construction, operations, and maintenance.
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Odisha is rapidly emerging as a leading industrial hub by integrating ports, petrochemicals, green hydrogen, solar manufacturing, and sustainable infrastructure. The state is attracting major investments through Paradip, Gopalpur, and Dhamra industrial clusters, backed by fast-track approvals, abundant water resources, and investor-friendly policies.
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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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Rajasthan has received over ₹43,000 crore in data centre investment proposals, Chief Minister Bhajan Lal Sharma announced. The state is strengthening digital infrastructure under its Vision 2047 roadmap, supported by 100+ universities, 4,000 colleges, and 2.5 lakh graduates annually. More than 8,700 startups under the iStart programme have attracted ₹1,000+ crore in investments and created 48,000+ jobs.
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Japan has approved US$3 billion (¥480 billion) in support for the ACME Group–IHI Corporation green ammonia project in Odisha under its Contract for Difference (CfD) programme. The funding guarantees 25 years of price support for 228,000 TPA of green ammonia exports from 2030, while Japan’s LTDA programme backs the remaining 177,000 TPA.
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Greenvolt Power has partnered with BYD Energy Storage to supply the 600 MW/2.4 GWh Siedlce Battery Energy Storage System (BESS) in Poland, marking the start of construction. Scheduled to begin in Q3 2026, the project is expected to become Poland’s largest battery storage facility and commence commercial operations by end-2027.
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