Dear Patrons & Readers,
GREW Solar has secured ₹1,050 crore in funding led by Bay Capital Investment Limited to expand its solar cell manufacturing capacity at Narmadapuram, Madhya Pradesh, from 3 GW to 8 GW by 2026. Backed by Chiripal Group, the company will also scale its Dudu, Rajasthan plant to 11 GW. The investment supports operational strengthening, technology upgrades, and GREW Solar’s goal of becoming a fully integrated solar manufacturer.
Highlights from the week of
6 February 2026 to 13 February 2026
The Uttar Pradesh government plans to launch over 300 new electric vehicle (EV) charging stations across 16 key municipal cities to expand its green infrastructure and
Hero MotoCorp plans to invest an additional ₹275 crore in electric vehicle startup Euler Motors, increasing its stake from 34.1% to approximately 36%. This investmen
European legacy automakers are increasing partnerships with Chinese firms and suppliers to address technology and market share deficits after slow adoption of electric
SECI awarded FDRE-Tranche VII contracts for assured peak supply of 1200 MW/4,800 MWh FDRE Project to Adyant Enersol, Serentica Renewables, AMPIN Energy Transition, and
The Karnataka government plans to develop a 100-acre Electric Vehicle City near Bengaluru to strengthen the state’s EV and battery ecosystem. Announced during an ind
MNRE released the fourth revised ALMM-II list for solar cells, adding Andhra Pradesh–based Evervolt Solar Technology as a new entrant with 1,074 MW annual capacity.
TNERC approved TNPDCL’s procurement of 1,500 MW round-the-clock power for five years by combining earlier 800 MW and new 700 MW needs under a medium-term tender. The
EVE Energy Co., Ltd. and partners signed a landmark contract for Kuala Lumpur International Airport’s solar and storage project. Featuring 628Ah batteries and
SJVN has begun commercial operations of its 70 MW Dhubri Solar Power Project in Assam, the state’s first large-scale solar plant and SJVN’s first in the Northeast.
TWAICE has secured €24 million in long-term venture debt financing from the European Investment Bank, backed by the InvestEU programme. The funding will accelerate g
Indian scientists at DST developed a solar-powered photo-rechargeable supercapacitor that captures and stores energy in a single unit, reducing costs and energy losses
Vietnam has selected Vingroup’s subsidiary, VinEnergo Energy JSC, to develop the 750 MW first phase of the Hon Trau offshore wind project in Gia Lai province. Phase
Morocco has officially launched its Solar Rooftop 500 (SR500) program, aiming to deploy 500 MW of rooftop solar across industrial and commercial facilities. The initia
Metsähallitus has transferred rights for three wind projects in Simo, Kajaani, and Pyhäntä to Nordic Generation, adding 800 MW of renewable energy to Finland’s gr
India and the Netherlands strengthened green hydrogen collaboration through the India-Netherlands Hydrogen Fellowship Programme and a University of Groningen-IIT partn
VJ Industries and Advait Greenergy signed an MoU at India Energy Week 2026 to collaborate on hydrogen storage systems and infrastructure for green hydrogen projects in
ENGIE South Africa has brought the 75 MW Grootspruit and 75 MW Graspan solar PV plants into commercial operation, adding 150 MW of clean power to the national grid. De
Octopus Australia plans to develop the 1.2GW/4.8GWh Hanworth Battery Energy Storage System near Bannaby, New South Wales, claiming it will be Australia’s largest pla
Hong Kong–based startup Xilia Group has launched glass fiber–reinforced polymer (GFRP) solar module frames that are lighter and cheaper than conventional aluminum
Capalo AI, a startup specializing in battery storage optimization, has secured €11 million in funding to scale its operations and enhance predictive analytics for en
Iberdrola Australia has inaugurated the 65 MW Smithfield battery and secured a long-term contract for the 100 MW Kingswood battery in New South Wales. Together, the pr
Maxeon and Aiko have entered a global patent licensing agreement for back contact solar technology. The deal allows both companies to leverage proprietary designs to e
Shizen Energy and Alam Karya’s joint venture has secured $7.6 million to expand rooftop solar deployment across Indonesia. The funding will support residential, comm
Changan Automobile and CATL have launched the world's first mass-produced passenger electric vehicle, the Changan Nevo (Qiyuan) A06, powered by a sodium-ion battery. U
Kia India and Bharat Petroleum (BPCL) have partnered to expand the national EV charging network, signing a Memorandum of Understanding at India Energy Week 2026. This
Stäubli has invested $10 million to expand its solar PV connector manufacturing facility in Bengaluru, strengthening its manufacturing presence in India’s renewable
Hindustan Zinc partners with JNCASR, has developed advanced zinc-ion battery prototypes aimed at large-scale renewable energy storage. The technology is positioned as
Huawei and SP Mobility have partnered to launch ultra-fast EV charging technology Singapore aimed at accelerating electric mobility infrastructure. The solution featur
Nigeria has signed an agreement with South Korea’s Asia Economic Development Committee to establish an electric vehicle manufacturing plant along with nationwide cha
NTPC Renewable Energy Limited has issued an EPC tender to develop a 250 MW/1,000 MWh Battery Energy Storage System at its Bikaner Solar Plant in Rajasthan. The project
Uttarakhand Jal Vidyut Nigam Limited has issued a tender for a 60 MW/150 MWh Battery Energy Storage System across three locations in Uttarakhand on a BOOT basis. The p
Adani Energy Solutions Ltd. has secured long-term financing from a consortium of Japanese banks, led by MUFG Bank and SMBC, for its flagship ±800 kV HVDC transmission
The Maharashtra government signed MoUs worth over ₹10,880 crore at the Advantage Vidarbha 2026 event, focusing on solar, healthcare, and manufacturing investments. G
The Central Electricity Authority (CEA) has asked domestic manufacturers to provide details of their grid-forming (GFM) inverter production capacity. This initiative a
In February 2026, MNRE added 17,268 MW of solar module capacity to the ALMM, raising total capacity to 162,109 MW. Two new manufacturers, KRG Power Solar (1,094 MW) an
Euler Motors has partnered with Jio-bp to expand electric vehicle charging infrastructure across India, focusing on high-demand logistics hubs. The collaboration aims
GreenCell Mobility (GCM) plans to deploy 570 electric buses in Delhi, supported by an $89 million investment from IFC, BII, and Tata Capital. The buses, equipped with
Western Green Energy Hub (WGEH) has signed a Feasibility Phase Agreement with SANY International and South Korean partners to advance Stage 1 development in Western Au
Germany has launched AquaDuctus, a GW-scale offshore hydrogen pipeline linking North Sea producers to Europe. Serving as a backbone for an interconnected network, it c
In a historic ₹14,500 crore deal, PFC acquired the Government of India’s 52.63% stake in REC Limited in 2019, creating a holding-subsidiary structure. The acquisit
XPENG has partnered with Ant International to expand global EV charging payment infrastructure by integrating advanced digital payment solutions into its charging ecos
Esyasoft e-Mobility has entered a strategic partnership with ABB E-mobility to accelerate the deployment of electric vehicle charging infrastructure worldwide. The col
Abu Dhabi’s Integrated Transport Centre (ITC) has partnered with talabat to pilot electric vehicles in last-mile delivery operations. The project introduces electric
Ethio Telecom's AI-powered EV charging station in Addis Ababa features ultra-fast chargers capable of servicing 32 vehicles simultaneously with speeds up to 600 kW, pr
VinFast has officially entered the Indonesian electric scooter market by partnering with seven strategic local dealers to establish a nationwide retail network. This e
CERC adopted tariffs for 2,100 MW of firm, dispatchable renewable energy with storage, procured by NHPC through competitive bidding for ISTS-connected projects. Launch
PVV Infra Limited signed an MoU with ITC Services Company Limited, Taiwan, for technology transfer and manufacturing support in high-efficiency solar cells, BESS, micr
Ceigall India Ltd received a ₹1,700 crore Letter of Award from Rewa Ultra Mega Solar Ltd to develop a 220 MW solar project with battery storage at Morena Solar Park,
Thailand’s Gulf Development Public Co Ltd secured THB 60 billion in syndicated debt to fund a 939 MW renewable energy portfolio comprising solar, solar-plus-storage,
RWE has signed two Memoranda of Understanding with ADNOC and Masdar to strengthen energy security in Germany and across Europe. The agreement with ADNOC focuses on exp
Radiance Renewables, backed by Eversource Capital, raised $100 million in equity from Impact Fund Denmark and Dutch lender FMO to accelerate expansion. The funds will
The Asian Development Bank (ADB) has partnered with GULF’s subsidiary Gulf Renewable Energy (GRE) to finance $350 million in renewable energy projects in Thailand. T
Premier Energies Ltd approved forming HeliosAnthos Energies Pvt Ltd, a 51:49 EPC joint venture with BA Prerna Renewables for solar, wind, BESS, and hybrid projects. Th
Volks Energie successfully completed a high-altitude Ni-Cd battery bank replacement and commissioning project for PGCIL in Kargil, Leh, and Yamunanagar. The project re
CWP Europe has successfully commissioned the 174 MW (DC) Studina Solar Project in Romania, achieving Commercial Operation Date. The solar plant is expected to produce
TotalEnergies signed 15-year PPAs with Google to supply 1GW solar energy from Wichita and Mustang Creek, Texas. Construction starts Q2 2026. The projects will generate
Rajasthan Urja Vikas and IT Services Ltd (RUVITL) has issued a tender for an AI-based energy portfolio management system. The project aims to replace spreadsheet-based
SolarAfrica, backed by French sustainable investment manager Mirova, has reached financial close on its 114-MW SunCentral 2 solar project in South Africa’s Northern
KLK Ventures has secured a contract to supply over 2,000 solar water pumps under Karnataka’s KREDL program. Already installing 500 systems in Shivamogga, the pumps r
Germany and Saudi Arabia have signed a declaration to deepen energy cooperation, including hydrogen, AI, chemicals, and industrial innovation. German Economy Minister
Umza International Farms has commissioned a hybrid solar and battery storage plant at its rice and oil mill in Kano, Nigeria, enhancing clean and reliable energy for i
The 34 MW AC Punjab Captive Open-Access Solar Project, developed by Blue Sky NRG and executed by Solidus Techno Power, powers a major steel manufacturer. Spanning 12
The Western Green Energy Hub (WGEH) in Australia has engaged China’s Sany and South Korean firms for a feasibility study on its first phase, focusing on cost, schedu
Revera Energy has secured US$150 million in financing to support the deployment of 3.4 GWh of battery energy storage systems across Australia and the UK. The project
United Solar Holding Inc has reached financial close on its USD 1.6-billion polysilicon project in the Sohar Freezone, Oman. The funding package includes over USD 900â
Stockholm-based Byhmgard has signed a second deal with Finnish company Solarigo Systems Oy to deliver four battery energy storage systems (BESS), valued at $3.6 mill
Greece’s energy regulator has opened auctions for up to 200 MW of solar paired with energy storage and 400 MW of wind, marking the first step of the Apollo Progr
Spanish companies Acciona and Moeve are advancing green hydrogen projects in Morocco under the Morocco Offer initiative. Both have signed preliminary agreements with t
Hoymiles has officially launched HiOne, its first all-in-one residential Battery Energy Storage System (BESS), integrating inverter, battery, and EMS into a single, sp
Hindustan Zinc and JNCASR have developed stable zinc-ion battery prototypes for large-scale renewable energy storage. Leveraging abundant, low-cost zinc, the collabora
Tata Motors and Jaguar Land Rover (JLR) have inaugurated a ₹9,000 crore manufacturing facility in India, marking a major step in localizing luxury electric vehicle p
Tesla’s plans to enter the Indian electric vehicle market have encountered fresh challenges after electric vehicles were excluded from benefits under the newly annou
Delhi is set to significantly expand its electric vehicle infrastructure with plans to install nearly 7,000 new public EV charging points by 2026. The initiative is pa
Kinetic Watts & Volts has received approval under the Maharashtra government’s electric vehicle policy to secure incentives worth ₹42 crore. The financial supp
India is accelerating efforts to localize battery material production for electric vehicles (EVs) to decrease reliance on imports, particularly from China. Indian comp
HiTHIUM has partnered with Ukraine’s KNESS Group to deploy 2 GWh of battery energy storage capacity in Eastern Europe over the next two years, primarily targeting Uk
SOLA has reached financial close on Naos-1, South Africa’s largest utility-scale solar PV and battery storage project for private off-takers. The 300 MW (435 MWp) so
A consortium led by Edra Power has begun construction of the 300-MWac/460-MWdc Bestari floating solar project in Kuala Selangor, Malaysia. Expected to generate about 6
European Energy has secured EUR 64.5 million in long-term financing for the 100 MW solar and 50 MW/200 MWh battery Kvosted hybrid park in Denmark. The funding, provide
European Energy has secured CFDs for three UK solar projects totaling 116 MWp under Allocation Round 7a. The projects—Church Farm, Manor Farm, and Old Hall Farm—ar
Anern has introduced the HYI-E series IP65 single-phase hybrid solar inverter, designed for residential, commercial, and light industrial distributed energy projects.
URECA, a Mongolian climate tech startup, is piloting its Coal-to-Solar Initiative to help low-income households switch from coal stoves to solar energy. Supported by t
Eclipse and BNP Paribas have launched a strategic partnership to expedite deployment of battery energy storage systems (BESS) across Europe. BNP Paribas will make an e
Cabo Verde is accelerating its transition to renewable energy with international backing from the World Bank, Canada, and the Global Infrastructure Facility. The CabeÃ
Selangor has started construction of a 300 MW floating solar farm in Bestari Jaya, one of Southeast Asia’s largest such projects. Led by a consortium headed by Edra
Canadian ministers have announced a C$96 million investment to expand the country’s electric vehicle charging infrastructure. The funding will support the installati
Kyrgyzstan plans to deploy electric vehicle charging stations across a major tourist region to support clean mobility. The initiative aims to promote EV adoption among
Ethiopia is becoming a leader in electric vehicle adoption in Africa. The government is encouraging people to switch to EVs through supportive policies. It is also wor
Ecofy and Ather Energy have signed a ₹100 crore financing agreement to support electric two-wheeler purchases in India. The partnership aims to make EV ownership mor
Union Minister H.D. Kumaraswamy stated that India is prioritizing domestic production of sintered rare earth permanent magnets to strengthen the electric vehicle ecosy
Thunder+ has launched a new EV charging station in Bachupally, Hyderabad, using repurposed land. The facility aims to improve fast-charging access in Hyderabad’s sub
ProLogium Technology launched construction of its first European gigafactory in Dunkirk, France, on February 10, 2026, marking its expansion outside of Taiwan. The fac
Electrent Energy, an Indian cleantech startup, is expanding into hybrid inverters and EV batteries to meet rising demand for lithium-ion solutions. The company aims to
Gulf Development Public Company Limited (GULF) has secured THB 60 billion (USD 1.85 billion) in financing to develop 27 renewable energy projects across Thailand with
Swedish firm Ingrid Capacity and French developer Wattmen have partnered to co-develop 200 MW of battery energy storage projects in France, expected to reach ready-to-
Brazil’s Ministry of Mines and Energy is finalizing guidelines for the country’s first reserve battery capacity auction, expected in the second half of 2026. Over
Advait Energy Transitions, Equentia Natural Resources, and Sundrops Energia won GUVNL’s Phase VIII auction to develop 335 MW/670 MWh standalone BESS projects in Guja
Inox Clean Energy has formed a joint venture with RJ Corp to enter the African renewable energy IPP market, acquiring Skypower Services MENA Ltd. The first phase will
NTPC Renewable Energy Limited has issued a tender for a 215 MW wind project for INGEL at the Anantapur-II ISTS substation in Andhra Pradesh, with bids due by March 10,
Finnish battery specialist Merus Power will deliver a grid-forming battery energy storage system (BESS) in Rovaniemi, Lapland, by 2026. Designed to withstand ext
Indian solar manufacturer Jupiter International Ltd commissioned a 1 GW mono-PERC solar cell unit in Baddi, Himachal Pradesh, nearly doubling total capacity to 2 GW. D
Asia Clean Capital Vietnam (ACCV) has signed MOUs with Korean companies Nosafood and Speed Vina to advance rooftop solar and battery energy storage solutions in Vietna
Pace Digitek received a LoA from KREDL to develop a 250 MW solar project with 1,100 MWh BESS at Pavagada Solar Park, Karnataka. Valued at ₹17,750 million, it wil
METLEN has signed a 10-year PPA with iliad Italia to supply solar energy from two utility-scale Italian plants with a combined capacity of 15 MW. The projects, expecte
Switzerland-based Energy Vault and US-based Peak Energy are partnering to develop a full-stack, AI-focused energy storage platform using sodium-ion batteries. The plat
India’s National Green Hydrogen Mission 2026 accelerates with ₹4,440 crore incentives, targeting 5 MMT production by 2030. Under the SIGHT scheme, 15 companies—i
Schneider Electric has partnered with Bulgarian firm Solar Front to deploy solar PV systems, battery energy storage (BESS), and smart energy management solutions. Unde
State-owned PT Pertamina Geothermal Energy (PGE) plans a small-scale green hydrogen pilot in Ulubelu, Lampung, by late 2026. The non-commercial project, costing about
Odisha secured ₹67,000 crore investments for 6.8 GW renewable projects, including solar, wind, and pumped storage, partnering with NHPC, BPCL, NEEPCO, and ABC Clea
International solar developer ib vogt has completed €230 million in transactions for three utility-scale solar projects in Ireland, totaling 272 MWp. The portfolio i
Taiwan’s Teco Electric and Machinery Co. will invest up to NT$804 million (US$25.6 million) in solar energy and energy storage projects in Malaysia. The move targets
Inox Green Energy has bid ₹550–600 crore for Wind World India’s green energy O&M portfolio amid its NCLT insolvency proceedings. Wind World manages over 4.5 GW
Uttar Pradesh’s 2026-27 energy budget allocates ₹65,926 crore, emphasizing smart meters (₹4,155 crore), grid modernization, renewable integration, and summer rel
The Commission has framed the draft OERC (Procurement of Energy from Renewable Sources and its Compliance) Regulations.