Dear Patrons & Readers,
IB Solar has signed an MoU with German companies centrotherm and RENA Technologies to develop a 2 GW TOPCon solar cell manufacturing line in India. The collaboration will cover equipment installation, commissioning, process integration and production ramp-up. Separately, IB Solar will establish a Centre of Excellence in the YEIDA region of Greater Noida, Uttar Pradesh, with German partners and research institute ISC Konstanz. The proposed centre will focus on solar R&D, technology innovation, manufacturing efficiency and skill development, strengthening India's domestic solar manufacturing ecosystem. The company's manufacturing expansion is targeted for commissioning by 2027.
Highlights from the week of
30 October 2026 to 6 November 2026
India's ALMM List-II solar cell capacity has reached 45 GW per the latest MNRE update. New entrants include Grew Solar with 2,407 MW TOPCon capacity in Madhya Pradesh
NTPC REL issued EPC Package with land for 1200MW (900MW+300MW) ISTS-connected solar near Anantapur, Andhra Pradesh. Bidders can quote for 900MW, 300MW or full capacity
ENGIE has commissioned 450 MW of solar in India — the 250 MW Khaba project in Barmer, Rajasthan and 200 MW Khavda project in Gujarat's Khavda Renewable Energy Park.
Suzlon Energy reported Q2 FY27 consolidated net profit of Rs 394.15 crore, down 69.19% YoY from Rs 1,279.44 crore, due to a high base that included a Rs 718.18 crore d
Oswal Pumps has secured a repeat Rs 235.92 crore order including GST from MSEDCL for 10,000 additional off-grid DC solar PV water pumping systems across Maharashtra un
South Korea has launched its second offshore wind auction of 2026 for 2.2GW, taking total annual auction volume to nearly 4GW, GWEC said. The tender offers 1.7GW fixed
DCM Shriram announced full commissioning of its ∼68 MW wind-solar hybrid renewable power project on October 29, 2026, through special purpose vehicle JSW Renew Energ
Jaipur Vidyut Vitran Nigam Limited and Global Energy Alliance for People and Planet have signed an MoU to pilot a 250 kW/250 kWh sodium-ion BESS at distribution-transf
Tamil Nadu has notified its BESS Policy 2026 targeting 2.5 GW / 10 GWh, valid for three years or until 10 GWh is commissioned. It applies to projects applied after not
TDK Corporation has launched HVC28 and HVC29 series gas-filled high-voltage DC contactors with optional mechanical auxiliary contact, available in 300A, 400A, 500A and
The Competition Commission of India (CCI) on Saturday approved Aditya Birla Renewables' acquisition of 100% of Solenergi Power's issued share capital from Shell Overse
India's biogas and compressed biogas sector attracted over ₹3,200 crore investment commitments at REI Expo 2026 held Oct 22-24 at India Expo Mart, Greater Noida, per
RenewSys India has signed a 1.2 GW supply agreement with Gujarat-based Kosol Energie to provide CONSERV POE encapsulants and PRESERV backsheets for solar modules from
Gujarat Electricity Regulatory Commission has approved tariffs for 450 MW / 900 MWh standalone Battery Energy Storage System projects under GUVNL's Phase-IX procuremen
Adyant Alpha Power Private Limited, part of Datta Infra Group, has signed a 110 MW wind Power Purchase Agreement with SJVN Limited for a project in Davanagere, Karnata
Indian Bank has set a ₹100 crore lending target for the remaining five months of FY27 under its dedicated 'IND Green Charge' financing scheme for EV charging infrast
ARAI has unveiled a ₹55 crore Advanced Battery Laboratory and an Advanced Two-Dynamometer E-Axle and EV Powertrain Test Facility, virtually inaugurated by Union Mini
Egypt’s National Council for Green Hydrogen approved a one-year extension of its MoU with Saudi Arabia’s ACWA Power for the East Nile project to produce 66,000 ton
Vayona Energy has secured a firm 108 MW wind turbine order from Continuum Green Energy for projects in Gujarat and Rajasthan. For Kalavad, Gujarat, it will supply 10 S
Rayzon Solar Ltd will start operations at its 5.1-GW TOPCon solar cell plant in December 2026, with first shipments planned for Q1 2027, expanding beyond its 11.3 GW m
T1 Energy Inc. (NYSE: TE) has signed new offtake agreements totaling over 1.58 GW of advanced TOPCon solar modules, announced Oct 30, 2026. Deals include subsidiaries
French renewable major Neoen, now Brookfield-owned, has secured AU$1.8 billion debt financing from 13 Australian and international lenders for a 1.2 GW Australian port
Masdar, Citaglobal Berhad and TIZA Global Sdn Bhd have started construction of the 200 MW Chereh Dam Floating Solar PV Project in Pahang, Malaysia, one of Southeast As
Sungrow has unveiled PowerHarbour Pro, an all-in-one residential energy storage system with built-in EV charger. The system offers 10 kW to 30 kW power ratings, stacka
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The Competition Commission of India has approved Adani Energy Solutions Ltd's Rs 3,050 crore acquisition of 100% stake in IntelliSmart Infrastructure Pvt Ltd from NIIF
Bondada Engineering Ltd, part of Bondada Group, signed an MoU on October 30, 2026 with Goa Investment Promotion and Facilitation Board for proposed Rs 3,000 crore inve
Power electronics firm WattPower secured a 1 GW order from ReNew for utility-scale solar inverters at REI 2026 in Greater Noida. The deal covers supply of 330KTL strin
ACME Solar Holdings Ltd subsidiary ACME Renewtech Private Ltd commissioned additional 66.68 MW solar capacity in Kelan Village, Bikaner, Rajasthan, taking the hybrid p
Saatvik Green Energy Ltd announced its subsidiary Saatvik Solar Industries Private Limited started commercial production of solar PV modules at its Gopalpur facility i
Resolven has signed a 70 MW wind Power Purchase Agreement with SJVN Limited for a project to be developed in Karnataka, connected to inter-state transmission system an
Waaree Energies' US subsidiary Waaree Solar Americas started commercial production on two new solar module lines of 800 MW each at its Brookshire, Texas plant on Octob
Waaree Renewable Technologies Ltd (WRTL) secured domestic orders for a 200 MW/500 MWh battery energy storage system (BESS) EPC project and a five-year O&M contract for
India and Denmark discussed expanding green energy cooperation in offshore wind and green hydrogen, renewable energy minister Pralhad Joshi said. India's non-fossil fu
Germany reaffirmed six-decade renewable partnership with India at BRESE 2026, Gottfried von Gemmingen said, highlighting Indo-German Energy Forum collaboration and Ger
Centre approved Rs 27,370 crore investment for Andhra Pradesh transmission network under Green Energy Corridor Phase-III, first phase expected 2029-30. The approval fo
Bolt.Earth inaugurated 1.5 MW EV charging station at P Qube Solutions near NH-16 Cross, Nunna, Vijayawada, Andhra Pradesh's largest. Located for local and intercity tr
Gulf Oil's EV charging subsidiary Tirex targets Rs 300-400 crore annual revenue in 3-4 years, expanding capacity to 3,000 chargers for passenger vehicles, e-buses, hig
Zelio E-Mobility started commercial production at its fourth plant in Hisar, Haryana, raising total annual capacity to 3.12 lakh units from 2.4 lakh units. New plant c
Noida Power Company Ltd. has issued a tender for an 80 MW/320 MWh standalone Battery Energy Storage System in Greater Noida, comprising four 20 MW/80 MWh installations
Madhya Pradesh Power Management Company Limited has invited bids for 100 units of 10 MW/40 MWh 4-hour BESS integrated with co-located Solar PV across Madhya Pradesh un
SPML Infra Limited has secured Rs186.41 crore order from PowerGrid under 765 kV AIS Extension Package SS-155T for extension of Bhadla-III Substation and Ramgarh Poolin
Essar Renewables, arm of Essar Power, will invest ₹4,500 crore in a 300 MW firm and dispatchable renewable energy project in Andhra Pradesh after signing a PPA with
Union Minister Pralhad Joshi said government targets 1 lakh rooftop solar installations every 4-5 days under PM Surya Ghar Muft Bijli Yojana to achieve 1 crore househo
State-owned BHEL has signed an agreement with Adani Power to supply equipment and services for four 2x800 MW projects, each order valued at Rs5,000-7,000 crore. Scope
Germany's Federal Network Agency Bundesnetzagentur awarded 288 MW of rooftop solar across 143 projects in its latest auction for PV on buildings and noise barriers. It
Union Cabinet chaired by PM Modi approved Rs14,500 crore viability gap funding for 92 GWh grid-scale storage over FY27-31: 60 GWh pumped hydro storage, 30 GWh BESS and
MNRE updated ALMM Wind list dated Oct 29 2026 covering 30 models 225kW to 5.3MW with rotor, hub, tower, certificate details. Highest is Venwind GWH182-5.3 5.3MW 183.5m
Grasim Industries Advanced Materials Division and Aditya Birla Renewables signed MoU with Suzlon Energy at Bharat Renewable Energy Summit & Expo 2026 to develop In
SECI has signed an MoU with eFuels Rotterdam B.V. Power2X to advance supply and offtake of RFNBO-compliant green molecules from India to international markets, strengt
Minda Corporation, flagship of Spark Minda, has bagged orders worth over Rs1,400 crore for TFT displays and EV chargers, production from FY28. Over Rs1,000 crore is fo
Mercedes-Benz has launched the GLC Electric in India at Rs78.50 lakh ex-showroom, locally produced at Chakan plant near Pune in single GLC 400 4MATIC variant on MB.EA-
Epsilon Advanced Materials launched Epsil, a silicon-graphite composite anode material claiming up to 30% higher EV range without increasing battery pack size. It offe
CERC has granted 100% ISTS charges waiver to Tata Power Renewable Energy's 198 MW wind project in Karur, Tamil Nadu and extended its SCOD to February 4, 2026. Develope
Indus Towers has deployed 50,000 solar-powered telecom sites across India with cumulative 300 MW capacity, becoming first passive telecom infrastructure company to ach
Tata Power Renewable Energy Limited has commissioned a 300 MW solar project in Koppal, Karnataka, through its subsidiary TP Saurya for Solar Energy Corporation of Indi
Rajesh Power Services Ltd has secured a ₹1,628.74 crore turnkey order from Dakshin Gujarat Vij Company Limited (DGVCL) for modernising Gujarat's power distribution i
Ministry of Heavy Industries is considering up to 50% capital subsidy and sales-linked incentives to boost domestic battery component manufacturing and cut import depe
Google will invest US$15 billion in Malaysia from 2027-2028 to build data center campuses in Selangor and Negeri Sembilan, operational by 2028. Announced by Alphabet a
PNE Group has sold a 250 MW solar photovoltaic project in South Africa's Free State province to a South African independent power producer (IPP). PNE South Africa will
France awarded just over 1 GW onshore wind across 63 projects in the 12th round of its PPE2 tender, DGEC said. Of 171 applications totaling 2.7 GW, winners secured wei
South Korea has launched its second offshore wind auction for 2026 offering around 2.2 GW, taking total annual auction volume to nearly 4 GW. Per GWEC, tender includes
Avaada Group plans a 1,500 tonnes-per-day green ammonia facility at Gopalpur, Odisha, Chairman Vineet Mittal announced at Bharat Renewable Energy Summit & Expo 2026 in
Everfuel A/S has signed a Grant Agreement on October 30 with German Government under European Hydrogen Bank Auctions-as-a-Service scheme for its Danish green hydrogen
BorgWarner has secured a business award to supply next-generation high-voltage traction inverter technology for future battery-electric vehicle programmes of a major a
CHARGEZONE has partnered with Ador-Quench (Quench Chargers) to deploy Made-in-India DC fast chargers across 1,000 new locations, ranging from 120kW to 480kW systems, t
TREX Energy has commissioned its battery manufacturing facility at E-City, Raviryal, Maheshwaram, Hyderabad on September 21, 2026. The facility features a 12 PPM modul
The Commission has framed the draft OERC (Procurement of Energy from Renewable Sources and its Compliance) Regulations.
