Friday, May 29, 2026

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CERC Approves New Green Power Trading Framework For IEX Under Revised Renewable Consumption Obligation (RCO) Rules

Trading floor at Indian Energy Exchange with multiple traders and large green power trading screens
Mohan Gupta -
1
The Central Electricity Regulatory Commission (CERC) has restructured renewable energy contracts at the Indian Energy Exchange (IEX) to align with the new Renewable Consumption Obligation framework. This includes categorizing renewable power into four types and enhancing transparency and efficiency in trading, particularly for Distributed Renewable Energy. The changes aim to support India’s clean energy goals.
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AMERICAS

News

Nextpower to Acquire Prevalon Energy in $365 Million Deal to Expand into BESS and AI Data Center Markets

Nextpower, a U.S. solar and power technology company, has agreed to acquire Prevalon Energy, valued at up to $365 million, expanding into battery energy storage and AI infrastructure. This strategic move aims to enhance Nextpower's technology portfolio and market opportunities, raising revenue and EBITDA forecasts for fiscal year 2027. The deal highlights growing demand in energy storage for data centers.
News

NextEnergy Capital Raises USD 974 Million to Accelerate Utility-Scale Solar and Battery Storage Investments Across OECD Markets

NextEnergy Capital has successfully raised USD 974 million for its NextPower V strategy, aimed at utility-scale solar and battery storage projects across OECD markets. With 85% of the funds deployed in 127 renewable assets totaling 550 MW, the initiative highlights strong institutional interest in renewable infrastructure amidst rising global clean energy demand.
News

Treaty Oak Clean Energy Commissions 100 MW Arkansas Solar Farm to Supply Renewable Energy to Google Under Long-Term PPA

Treaty Oak Clean Energy has launched a 100 MW solar project in Arkansas, providing renewable energy to Google under a long-term power purchase agreement. This initiative aligns with Google's renewable energy goals, boosts regional supply, and underscores the importance of corporate procurement in advancing clean energy projects while delivering economic benefits locally.
News

Zelestra Completes USD 1.1 Billion Sale of Latin America Renewable Energy Platform to Promigas

Zelestra has sold its Latin America platform to Promigas for approximately USD 1.1 billion. The acquisition includes operations in Chile, Peru, and Colombia, encompassing a 3,500 MW renewable energy portfolio. CEO Leo Moreno highlighted its role in Zelestra's shift towards European and U.S. markets, ensuring continued operations in Peru and Chile.
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INDIA AND SOUTH ASIA

News

NLC India And NCRTC Form Joint Venture For Grid-Connected Solar PV Projects

NLC India Limited, through NLC India Renewables Limited, has formed a joint venture with NCRTC named NIRL NCRTC Renewables Limited, focusing on grid-connected solar photovoltaic power projects. This partnership will enhance renewable energy capacity, reduce carbon emissions, and contribute to India's sustainability goals, with NLC holding a 74% majority stake.
News

Green Energy Stocks Slide As Indian Market Sees Sharp Sell-Off On May 29

On May 29, 2026, the Indian stock market exhibited significant declines, primarily due to heavy selling across major sectors. The S&P BSE Sensex fell by 1.44%, while renewable energy stocks, led by Praj Industries, faced notable losses. Analysts attributed the decline to profit booking and investor caution amidst global uncertainties, though they remain optimistic about India's renewable energy potential.
News

Maharashtra Urja Expo 2026 Opens in Nagpur on 5–6 June

The Maharashtra Urja Expo 2026 will take place on 5th and 6th June at Hotel Le Méridien, Nagpur, featuring over 50 exhibitors, 2,000 decision-makers, and 80 speakers. This event will showcase the solar and renewable energy sector while offering conferences and awards to recognise key contributions to Maharashtra's clean energy transition.
News

Adani Green Energy Ltd (AGEL) Commissions 3.37 GWh Battery Storage System At Khavda, Gujarat In Record Deployment Time

Adani Green Energy Limited has launched a 3.37 GWh battery energy storage system in Khavda, Gujarat, marking a significant advancement in renewable energy infrastructure. This system, one of the largest outside China, will enhance grid stability and power supply. AGEL aims to expand its storage capacity to over 50 GWh in five years.

EUROPE

News

NIB Supports Klaipėda Seaport Modernisation Including Lithuania’s First Green Hydrogen Hub

The Nordic Investment Bank has approved a EUR 55.5 million financing package for the Port of Klaipėda’s infrastructure modernization, which includes Lithuania's first green hydrogen production hub. This investment aims to enhance maritime sustainability, operational resilience, and support EU decarbonization goals, while improving port efficiency and competitiveness in Northern Europe.
News

NextEnergy Capital Raises USD 974 Million to Accelerate Utility-Scale Solar and Battery Storage Investments Across OECD Markets

NextEnergy Capital has successfully raised USD 974 million for its NextPower V strategy, aimed at utility-scale solar and battery storage projects across OECD markets. With 85% of the funds deployed in 127 renewable assets totaling 550 MW, the initiative highlights strong institutional interest in renewable infrastructure amidst rising global clean energy demand.
News

SP Energy Networks Invests In Ecosystem Recovery To Support Cleaner Water And Reduced Carbon Emissions In Scotland

A collaborative project in southern Scotland aims to restore peatland around Loch Moan, enhancing the health of the River Cree and supporting local wildlife. Covering 22.5 hectares, the restoration improves water quality, promotes biodiversity, and aids carbon storage. The initiative aligns with broader goals of becoming nature-positive and fostering community well-being.

AFRICA

Insights

Chinese Solar Panel Exports To Africa Surge 83% Amid Rising Clean Energy Demand

In April 2026, Chinese solar panel exports to Africa surged by 83 percent, reaching 123,787 tons, driven by rising demand for affordable renewable energy. Major markets include the Democratic Republic of Congo and South Africa, with imports increasing significantly. Competitive pricing makes Chinese solar panels appealing, supporting Africa's clean energy transition.
News

Solar & Storage Zambia 2026 Brings Together Zambia’s Energy Leaders to Accelerate Solar, Storage, and Investment-Led Growth 

The 3rd Edition of Solar & Storage Zambia 2026 gathered key stakeholders in Lusaka to advance the country's renewable energy goals. Discussions focused on solar deployment, grid resilience, and investment strategies. The event included panels on decentralized energy and financing, culminating in awards recognizing significant contributions to Zambia's clean energy transition.
News

Eskom Begins Construction Of 75 MW Solar Plant At Lethabo Power Station In South Africa

Eskom has commenced construction of a 75-megawatt solar power plant at Lethabo Power Station in South Africa, costing nearly 1.2 billion Rand. This initiative enhances renewable energy integration while maintaining grid stability. The project will supply electricity to 60,000 households and create local job opportunities, contributing to Eskom's broader renewable capacity goals by 2040.
News

Tanzania Accelerates Large-Scale Wind And Solar Energy Procurement To Strengthen Power Grid

Tanzania is advancing its renewable energy sector by focusing on large-scale wind and solar projects to reduce reliance on hydropower and natural gas. The government encourages private investments and aims to modernize the electricity network. Key developments include the Kishapu solar project and improved regional transmission infrastructure to enhance energy access and reliability.

THE MIDDLE EAST

News

Algeria Doubles Solar Power Capacity With 400 MW Addition To National Grid

Algeria has inaugurated two large solar photovoltaic plants, adding 400 megawatts to its electricity grid and doubling its solar power capacity within a week. This initiative aims to reduce reliance on natural gas for energy, meet rising local demand, and enhance export potential while pursuing ambitious renewable energy targets of 3,200 megawatts short-term and 15,000 megawatts by the 2030s.
Insights

Middle East Conflict Triggers Global Energy Investment Shift Toward Renewables, Grids, And Energy Security – IEA

The Middle East conflict and Strait of Hormuz closure have sparked a major global energy security crisis, prompting countries to rethink energy strategies. Investment in energy is projected to reach $3.4 trillion by 2026, with a focus on clean technologies, yet oil sector investment is declining. Renewable energy and coal investments are rising, driven by domestic security concerns.
News

IEA Report: Solar Investment to Hit $365 Billion in 2026 as Renewables Capture Majority of Global Power Spending

The IEA's World Energy Investment 2026 report highlights the severe impact of the Middle East conflict on global energy security, prompting a shift towards diversified energy investments. Projected global energy investment will reach $3.4 trillion, with significant allocations toward low-emission technologies and electricity infrastructure, while upstream oil investments are expected to decline.
News

ZOE Energy And Saudi Partner To Build Kingdom’s First Large-Scale BESS Manufacturing Plant

ZOE Energy Storage has partnered with a Saudi company to build the nation’s first large-scale battery energy storage manufacturing plant, covering 150 acres. Expected to start operations in 2027, the facility will support Saudi Arabia’s Vision 2030 clean energy goals, enhance local manufacturing, and train professionals while exporting to various regions.

SOUTH EAST ASIA

News

Malaysia Announces RM150 Million SuRIA Home Scheme To Support 50,000 Residential Solar Installations

The Malaysian government has introduced the Sustainable Rebate and Incentive Assistance (SuRIA) Home initiative to promote residential solar energy adoption. Funded with RM150 million, it offers rebates for homeowners installing solar systems. SuRIA aims to benefit up to 50,000 households and enhance Malaysia's renewable energy capacity significantly before December 2026.
News

Alsons Power to Transform 55 MW Diesel Plant Into 98.7 MW Solar Facility in Mindanao Under Philippines’ Renewable Energy Transition Push

Alsons Power is transforming its 55 MW diesel facility in Alabel, Sarangani into a 98.7 MW solar power project, a shift towards renewable energy in Mindanao. Slated for completion by September 2027, the project will significantly increase renewable electricity supply and enhance energy security through its two development phases.
News

The Solar Week Malaysia 2026 Set to Power the Next Phase of Malaysia’s Energy Transition  

The Solar Week Malaysia 2026, taking place on August 20 at Berjaya Times Square Hotel, will unite over 200 key industry leaders from the renewable energy sector to discuss critical themes like solar energy, storage, and decarbonization. The event aims to drive collaboration, innovation, and investment for sustainable energy growth in Southeast Asia.
News

HyperStrong Secures 100 MW/440 MWh MyBest Battery Energy Storage Project In Malaysia

HyperStrong has partnered with ERS Energy and Gamuda to develop the MyBeST Pekan Battery Energy Storage System Project in Malaysia, targeting a capacity of 100MW/440MWh. This initiative aims to enhance grid reliability and support Malaysia's clean energy goals under the national Battery Energy Storage Programme, marking a significant step in Southeast Asia's renewable energy landscape.

NEWS BRIEFS

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FROM ACROSS THE GLOBE

News

Malaysia Announces RM150 Million SuRIA Home Scheme To Support 50,000 Residential Solar Installations

The Malaysian government has introduced the Sustainable Rebate and Incentive Assistance (SuRIA) Home initiative to promote residential solar energy adoption. Funded with RM150 million, it offers rebates for homeowners installing solar systems. SuRIA aims to benefit up to 50,000 households and enhance Malaysia's renewable energy capacity significantly before December 2026.
News

Maharashtra Urja Expo 2026 Opens in Nagpur on 5–6 June

The Maharashtra Urja Expo 2026 will take place on 5th and 6th June at Hotel Le Méridien, Nagpur, featuring over 50 exhibitors, 2,000 decision-makers, and 80 speakers. This event will showcase the solar and renewable energy sector while offering conferences and awards to recognise key contributions to Maharashtra's clean energy transition.
News

NextEnergy Capital Raises USD 974 Million to Accelerate Utility-Scale Solar and Battery Storage Investments Across OECD Markets

NextEnergy Capital has successfully raised USD 974 million for its NextPower V strategy, aimed at utility-scale solar and battery storage projects across OECD markets. With 85% of the funds deployed in 127 renewable assets totaling 550 MW, the initiative highlights strong institutional interest in renewable infrastructure amidst rising global clean energy demand.
News

Adani Green Energy Ltd (AGEL) Commissions 3.37 GWh Battery Storage System At Khavda, Gujarat In Record Deployment Time

Adani Green Energy Limited has launched a 3.37 GWh battery energy storage system in Khavda, Gujarat, marking a significant advancement in renewable energy infrastructure. This system, one of the largest outside China, will enhance grid stability and power supply. AGEL aims to expand its storage capacity to over 50 GWh in five years.

MARKET INSIGHTS

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INSIGHTS

Insights

Chinese Solar Panel Exports To Africa Surge 83% Amid Rising Clean Energy Demand

In April 2026, Chinese solar panel exports to Africa surged by 83 percent, reaching 123,787 tons, driven by rising demand for affordable renewable energy. Major markets include the Democratic Republic of Congo and South Africa, with imports increasing significantly. Competitive pricing makes Chinese solar panels appealing, supporting Africa's clean energy transition.
Insights

Global Energy Storage Manufacturing Under Scrutiny as Widespread Quality and Safety Gaps Emerge—Report

A study by Intertek CEA revealed serious quality and safety issues in the global Energy Storage System (ESS) manufacturing industry, detecting 3,370 defects from 880 inspections. Key concerns include high defect rates during system integration and significant issues with battery management and thermal systems. The report calls for robust quality assurance measures to mitigate risks.
Insights

Middle East Conflict Triggers Global Energy Investment Shift Toward Renewables, Grids, And Energy Security – IEA

The Middle East conflict and Strait of Hormuz closure have sparked a major global energy security crisis, prompting countries to rethink energy strategies. Investment in energy is projected to reach $3.4 trillion by 2026, with a focus on clean technologies, yet oil sector investment is declining. Renewable energy and coal investments are rising, driven by domestic security concerns.
Insights

Battery And Power Stocks Lead Green Energy Market Rally Amid Solar Sector Decline

On May 27, 2026, the green energy and mobility sector experienced mixed trading, with high interest in battery storage and power generation stocks, particularly Exide Industries and JSW Energy, which saw notable gains. However, solar and biofuel stocks faced declines, reflecting a shift in investor focus towards more established segments.

IN CONVERSATION

Talks

Strong Performance, Faster Payback: Tiger Neo 3.0 Powers Central Asia’s Solar Mainstream Ambition – Idris Mu, Sales Manager, Central Asia – Jinko Solar

Central Asia (e.g., Uzbekistan, Tajikistan) is at a critical stage of energy transition. How do you think Tiger Neo 3.0, compared to 2.0, can...
Talks

From 9 States to 12 GW: Inside LEAPTING Robotics’ Massive Indian Expansion – Gaurav Gaba,  Sales Director – India

LEAPTING has deployed 33,000+ G1 robots across 9 Indian states. What enabled this large-scale success in India? Since its founding, LEAPTING Robotics has been dedicated...
Talks

Beyond the Box: Deye’s AI-Driven Evolution in the Indian Solar Landscape – Bharat Singh, Director – Sales & Marketing(India and North Africa)

Can you walk us through Deye’s current solar PV inverter portfolio for the Indian market and highlight what differentiates your products from competitors? Deye offers...
Talks

Egypt and North Africa: At the Heart of the Solar Revolution – Hossam Hassan, Sr. Sales Manager North Africa

1. From your perspective, what makes North Africa and Egypt a strategic region for solar energy, and what major trends are currently driving growth...
Talks

Tiger Neo 3.0 is Not Just an Upgrade, It’s a New Standard for West Africa – Esther Eyenobong (Sales Manager – West Africa) on...

At the Jinko ESS product launch in Nigeria in November 2025, Jinko Solar introduced its flagship N-type innovation, the Tiger Neo 3.0. Sales Manager...
Talks

Driving Solar Efficiency: AI-Powered Monitoring and Affordable SCADA Solutions – Ashok D M,  Founder, CEO & MD EnerMAN Technologies Pvt Ltd

EnerMAN Technologies offers IoT-based AI/ML SCADA solutions; what key innovations define your latest solar monitoring products? EnerMAN IoT SCADA (ETi-SOL), a web and mobile application...
Dinto Solar

UPCOMING EVENTS

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PUBLICATIONS

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Technology

Weekly Tech Newsletter: Latest Innovations in Solar, Storage, Grids, Clean Energy and More…

The content highlights the transformative impact of quantum computing on energy demand, with increased consumption posing sustainability challenges. Meanwhile, various companies are expanding their renewable energy solutions, including energy storage, smart controllers for hybrid plants, and solar projects to enhance reliability and efficiency. These initiatives aim to support cleaner energy ecosystems.
Sangita Shetty -

Quantum Computing Growth Could Drive New Energy and Resource Demands

As quantum computing progresses towards commercial use, researchers from Oak Ridge National Laboratory and the University of Tennessee explore its long-term effects on electricity, water, and material supply chains. Their findings reveal potential resource challenges, particularly in electricity demand and helium-3 availability, alongside the benefits of quantum technology.
Sangita Shetty -

ARCI’s Nano-Engineered PCM Advances Thermal Storage for CSP and Industrial Heat Recovery

Researchers at the International Advanced Research Centre have developed a high-performance thermal battery material that significantly enhances heat energy storage at a lower cost. By incorporating 1% spinel oxide nanoparticles into a phase change material, the new nanocomposite increases specific heat capacity by 45%, benefiting concentrated solar power plants and waste heat recovery systems.
Sangita Shetty -

Explained – Solar Power Evacuation Through Modern Transmission Lines: Challenges and Smart Grid Solutions

As solar power capacity continues to grow across the world, one of the biggest technical challenges is transmitting electricity from solar plants to demand...
Mohan Gupta -

Weekly Tech Updates: Water Battery Breakthrough, Smart Solar Storage, Next-Gen GaN Converters & More…

Researchers have developed a durable water-based battery that enhances long-duration energy storage, offering improved safety and lower costs compared to lithium-ion systems. Meanwhile, FOXESS has launched smart solar storage solutions in Thailand, promoting decentralised energy systems. Additionally, advancements in GaN converters and other technologies aim to boost efficiency in renewable energy applications.
Sangita Shetty -

AUSTRALIA

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Talks

Strong Performance, Faster Payback: Tiger Neo 3.0 Powers Central Asia’s Solar Mainstream Ambition – Idris Mu, Sales Manager, Central Asia – Jinko Solar

Central Asia (e.g., Uzbekistan, Tajikistan) is at a critical stage of energy transition. How do you think Tiger Neo 3.0, compared to 2.0, can...
News

Waaree Solar Panels Named Among the World’s Most Reliable for 5th Year in a Row

Waaree Energies Limited, India's largest clean energy firm, has been named a "Top Performer" in the 2026 PV Module Reliability Scorecard by Kiwa PVEL for the fifth consecutive year. This recognition underscores their commitment to high-quality, reliable solar modules that perform well under harsh conditions, boosting customer confidence in solar energy investments.
Tech

Quantum Computing Growth Could Drive New Energy and Resource Demands

As quantum computing progresses towards commercial use, researchers from Oak Ridge National Laboratory and the University of Tennessee explore its long-term effects on electricity, water, and material supply chains. Their findings reveal potential resource challenges, particularly in electricity demand and helium-3 availability, alongside the benefits of quantum technology.

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