Renewable Energy Chronicles: The Power Saga | Monthly Brief

  • Policy & Regulation
    • Haryana Electricity Regulatory Commission issued new tariff determination terms for renewable projects.
    • MNRE released SOPs for ALMM-Wind enlistment, aligning wind turbine approvals with solar ALMM practices.
  • Industry & Manufacturing
    • Alpex Solar to invest ₹31.36 billion in upgrading its 2.2 GW Uttar Pradesh facility from Mono PERC to TOPCon.
    • Corning commenced solar ingot & wafer production in Michigan, strengthening upstream supply chains.
    • Premier Energies reported 20% YoY revenue growth in Q2 FY26.
    • Goldi Solar raised ₹14.22 billion in a Havells-led funding round.
  • Projects & Tenders
    • Telangana GENCO invited bids for 57 MW DPR preparation.
    • MOIL floated tender for a 15 MW solar project in Madhya Pradesh.
    • JAKEDA announced empanelment for 153 MW rooftop solar in J&K.
    • Saudi Arabia awarded 4.5 GW solar + wind projects under NREP Phase VI.
    • KPI Green Energy secured LoI for a 600 MW solar + storage project in the UAE.
  • Corporate Adoption
    • Nxtra Data (Bharti Airtel) to source power from a 13.2 MW AMPIN solar project in Maharashtra.
    • Bhuvee Stenovate commissioned a 1 MW rooftop solar system with a 15-month payback.
  • Finance & International Support
    • ADB approved a $460M loan for agricultural solarization in Maharashtra.
    • Blueleaf Energy & British International Investment signed a $75M agreement to expand RE in India.
  • India’s Global Positioning
    • SECI showcased India’s leadership at European Hydrogen Week 2025 in Brussels.
    • FICCI–EY projected India could capture 10% of the global green hydrogen market.
  • International Projects
    • Guofu Hydrogen Energy & China Coal Green Energy launched the Ulanqab wind-solar-hydrogen project in Inner Mongolia, targeting 20 kt annual green hydrogen sales.
  • Technology & Market Trends
    • ISA identified distributed RE, floating solar, and storage as next growth drivers.
    • Battery storage costs halved in the past year, making solar+storage competitive with coal.
    • Emerging storage technologies include molten salts and CO₂-based systems.
  • Corporate Moves
    • KPI Green Energy approved for 41 MW solar + hybrid projects.
    • MoU signed with Fabtech Group for global life sciences-linked RE projects.
  • Renewable Energy India Expo 2025 (Oct 30–Nov 1, Greater Noida) hosted 55,000+ professionals and 1,000+ brands, showcasing innovations across solar, hydrogen, and storage.
  • ICGH 2025 (Nov 11-12, 2025): MNRE
  • Policy certainty is improving with new SOPs and tariff frameworks.
  • Manufacturing upgrades (TOPCon, wafers) signal India’s push for vertical integration.
  • Hybrid solar+storage projects are gaining traction, backed by international capital.
  • Green hydrogen is moving from vision to large-scale projects, with India positioning itself as a global leader.
  • Storage cost declines are reshaping competitiveness, making renewables more viable than coal.

 

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