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KERC Proposes Renewable Energy Obligations To Reach 43.33% By FY2030 In Karnataka

The Karnataka Electricity Regulatory Commission (KERC) has proposed a new draft regulation for renewable energy procurement aimed at enforcing increasing Renewable Purchase Obligation (RPO) targets from 2026 to 2030. The regulation, which revises rules established in 2011, aligns with central guidelines and sets specific annual renewable energy consumption requirements for various obligated entities. Stakeholders are invited to provide feedback within 30 days.

Ministry Of Power Releases NEDSF 2026 To Standardize Electricity Data Sharing Across India

The National Electricity Data Sharing Framework (NEDSF) 2026 has been introduced by the Ministry of Power to harmonize data sharing in India's power sector. It promotes accessibility and coordination among stakeholders while protecting sensitive information. The framework categorizes data into two tiers and establishes governance structures for effective implementation and grievance resolution.

APTEL Upholds Delay Damages For 2 MW Solar Project, Remands INR 8.40 Tariff Dispute To KERC

The Appellate Tribunal for Electricity partly upheld Jayamal Energy LLP's appeal regarding delays in its 2 MW solar project in Tumkur, Karnataka. While the tribunal confirmed the developer's liability for damages, it remanded the relevant tariff determination to KERC for further review, focusing on the project's capital cost before the scheduled deadline.

Gujarat Offers Additional Subsidy For Rooftop Solar Systems Up To 2.18 kWp Under PM Surya Ghar Scheme

The Gujarat Government has introduced a new subsidy scheme under the PM Surya Ghar: Muft Bijli Yojana, aimed at making rooftop solar installations affordable for small households. Eligible consumers can receive financial assistance based on their community status, promoting clean energy adoption and lowering electricity costs while enhancing energy independence.

TENDER WATCH

Senvion India Secures 54.6 MW Wind Order From Prozeal Green In Gujarat

Senvion India has received a 54.6 MW wind power project order from Prozeal Green Private Limited, set in Gujarat. This will involve installing 13 upgraded Senvion 4.2M160 wind turbines. Senvion will provide installation and 25 years of maintenance services. The project aims to enhance wind energy capacity for commercial and industrial needs.

Waaree Renewable Technologies Secures 450 MWp Solar EPC Order For FY2027–28 Completion

Waaree Renewable Technologies Limited has received a Letter of Award for a 450 MWp solar power project in India. This contract involves comprehensive EPC works and is expected to be completed in FY2027–28. The project enhances Waaree's portfolio and underlines the importance of independent power producers in India's renewable energy expansion.

Mecpower Solutions And Navitas Solar To Establish 5 GWh BESS Manufacturing Facility In Gujarat

Mecpower Solutions Limited and Navitas Solar have partnered to establish a 5 GWh Battery Energy Storage System manufacturing facility in Karjan, Gujarat, set to begin operations in FY 2027-28. This initiative aims to enhance domestic energy storage production, support renewable projects, and improve the stability and efficiency of India’s electricity ecosystem.

Blueleaf Energy Signs Two Solar PPAs With Microsoft For Japan Projects Targeting Mid-2027 Commissioning

Macquarie Asset Management's Blueleaf Energy has partnered with Microsoft to supply renewable electricity via long-term Power Purchase Agreements for new solar projects in Japan. This collaboration enhances clean energy generation to meet Microsoft’s expanding needs, building on their ongoing partnership since 2020. Projects aim for commissioning by mid-2027, addressing rising global electricity demand.

TRENDING STORIES THIS WEEK

MNRE Achieves 60–70% Progress In Special Campaign 6 For Cleanliness And Office Efficiency

The Ministry of New and Renewable Energy is implementing Special Campaign 6, achieving 60–70% progress on cleanliness and office management targets by October 31, 2026. Activities include cleanliness drives and efficient record management involving CPSUs and autonomous institutes. The campaign aims to promote sustainable practices and improve workplace efficiency.

Singapore Plans S$5.3 Billion Grid Investment And 4 GWp Solar Target By 2035

Singapore's Energy Market Authority (EMA) will implement a five-year energy infrastructure plan to meet increasing electricity demand, projected to reach 9.9 to 13 GW by 2031. Key measures include expanding natural gas capacity, increasing electricity grid investments, enhancing solar deployment to 4 GW by 2035, and developing capacity for low-carbon electricity imports.

Zetwerk Completes Power Transformer Installation in North Carolina, Strengthening Its Presence in US Energy Infrastructure

Zetwerk Manufacturing Businesses Ltd. has successfully installed a power transformer in North Carolina, marking a significant achievement in its energy sector amid rising electricity demands. The company has reported substantial revenue growth and aims to alleviate supply constraints by reducing transformer delivery timelines through coordinated production across countries, enhancing US power infrastructure.

Renewable Energy Stocks Surge Up to 10% as Indian Benchmark Indices Remain Flat (27 October 2026)

On October 27, 2026, the Indian stock market was mostly stable, with the S&P BSE Sensex slightly decreasing by 0.01% and the Nifty 50 gaining 0.03%. Renewable energy stocks saw significant gains, particularly Insolation Energy, which rose 10%. Despite overall market stability, select stocks indicated strong investor interest in green energy.

IN CONVERSATION

AI-Driven Energy Storage Will Shape India’s Smart Energy Future: Abhilash Borana, CEO, Sigenergy India

India's renewable energy sector is embracing artificial intelligence for smarter energy management. Sigenergy India's CEO, Abhilash Borana, highlights their innovative AI-powered energy storage solutions that optimise electricity consumption and integrate solar, battery storage, and EV charging. The company aims to expand locally while revolutionising energy efficiency across residential, commercial, and industrial applications.

India’s Renewable Energy Supply Chain Is Becoming More Resilient, Technology-Driven and Localised: Yogendra Yadav, Sungrow

Yogendra Yadav from Sungrow discusses the transformation of India’s renewable energy supply chain towards local sourcing and advanced technology. Emphasising AI-driven forecasting, digitalisation, and strong vendor partnerships, he highlights strategies for optimising inventory management and addressing logistics challenges to build a more resilient and sustainable supply chain.

Tunisia’s Solar Market Is Moving Beyond Price to Long-Term Value Says Farah Khalfaoui of JinkoSolar

Tunisia's solar market is evolving, focusing on long-term energy yield and reliability beyond initial module costs. JinkoSolar is positioning itself through high-efficiency technologies like Tiger Neo 3.0, designed for harsh climates, to support local developers. This maturity encourages informed decisions on project economics, fostering strong partnerships and sustainable growth in renewable energy.

From 8 GW to Fortune 500: Jay Sankhavara on Synchro Electricals’ Ambitious Growth Roadmap

Synchro Electricals, a leader in India's solar sector, supports over 8 GW of installations and aims to become a Fortune 500 company by 2050. Director Jay Sankhavara highlights the company’s commitment to innovation, quality, and engineering excellence, with a diverse portfolio of 32+ products to cater to evolving market needs.

MARKET INSIGHTS

India’s Solar Power Generation Reaches 20,176 Million Uuni As Renewable Energy Output Rises 22.81% In September 2026

In September 2026, India's renewable energy sector showed strong growth, generating 32,010.94 million units, a 22.81% increase from the previous year. Solar power led with 63.03% of production, while wind contributed 31%. Key states included Gujarat and Tamil Nadu. India aims for 500 GW of non-fossil capacity by 2030.

Kenya’s Off-Grid Solar Sales Reach 2.4 Million Units In 2025, Growing Over 8% Annually

In 2025, Kenya's off-grid solar equipment adoption surged, with sales reaching 2.4 million units, marking over 8% annual growth since 2021. This shift enhances electricity access for remote communities through reliable solutions. However, affordability remains a challenge, necessitating policy changes and better financing options to further expand access and economic benefits.

Global Energy Storage Installations To Exceed 209 GW In 2027 As Worldwide Demand Accelerates—Report

The global energy storage market is set for significant growth in 2026 and 2027, driven by increasing renewable energy capacity, demand for electricity, and supportive government policies. With projections of 188 GW and over 209 GW in annual installations, key markets like China, the U.S., and Australia lead the way, alongside emerging markets like India.

Global Solar Module Shipments And Capacity Gap Highlight Industry Trends In 1H 2026

The global solar photovoltaic module market reveals a disparity between cumulative shipments and production capacity, primarily among leading manufacturers JinkoSolar, LONGi, JA Solar, and Trina Solar. While they dominate shipments, other firms adopt varied strategies for growth. Competitive factors include delivery reliability, supply chain strength, and market responsiveness.
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India’s Renewable Energy Supply Chain Is Becoming More Resilient, Technology-Driven and Localised: Yogendra Yadav, Sungrow

Yogendra Yadav from Sungrow discusses the transformation of India’s renewable energy supply chain towards local sourcing and advanced technology. Emphasising AI-driven forecasting, digitalisation, and strong vendor partnerships, he highlights strategies for optimising inventory management and addressing logistics challenges to build a more resilient and sustainable supply chain.

Waaree Energies Reports INR 15,449 Crore H1 FY2027 Revenue As Retail Sales Surge 253%

Waaree Energies Limited showcased robust performance in Q2 and H1 FY2027, with revenues surging 23.94% year-on-year to ₹7,517.74 crore, driven by strong domestic retail sales and solar module shipments. The company reported significant improvements in operating cash flows, expanded its clean energy business, and raised its manufacturing capacities for solar products and battery energy storage.

How Molecular Chirality Controls Photocurrent in 2D Hybrid Perovskites

Research from the Institute of Science Tokyo reveals that the molecular chirality of 2D organic-inorganic hybrid perovskites affects the direction of light-induced photocurrent. By using enantiomers to control crystal polarity, the study enhances understanding of charge transport in perovskites, paving the way for advanced optoelectronic applications, though not directly improving solar-cell efficiency.