Saturday, March 14, 2026
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UPEX 2026

NHPC Advances Dulhasti Stage-II Hydro Project; DPR Approved and Environmental Clearance Secured

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NHPC Limited is advancing the Dulhasti Stage-II Hydro Electric Project (260 MW) following essential regulatory approvals and investment clearance. The project, set to be constructed over 44 months and executed on a BOOT basis, aims to enhance operational efficiency and provide employment to affected families as per the relevant legislation.

AMERICAS

Actis Sells Peru Power Generation Platform Orygen to Grupo Romero

Actis, a global investor in sustainable infrastructure, has sold Orygen, Peru's second-largest power generation platform, to Grupo Romero. Under Actis, Orygen became a leader in renewable energy, developing a diverse portfolio and executing strategic improvements. The sale underscores Actis' commitment to energy investments in Latin America, following significant achievements during ownership.

Actis Completes Sale Of Orygen, Peru’s Second-Largest And Most Diversified Power Producer, To Grupo Romero’s InfraCorp Platform

Actis has sold Orygen, a major Peruvian power generation company, to Grupo Romero through InfraCorp. Under Actis, Orygen became Peru's second-largest generator and expanded its renewables portfolio significantly. Strategic investments improved its operations and financial standing, including a record $1.2 billion bond issuance, allowing a successful exit for Actis.

European Investment Bank approves Up To USD 95 million To Finance ATOME PLC’s Villeta Green Hydrogen Fertiliser Plant In Paraguay

The European Investment Bank is financing up to USD 95 million for ATOME’s Villeta Green Hydrogen Fertiliser Plant in Paraguay. This facility aims to produce low-carbon nitrogen fertilisers using green hydrogen, enhancing regional food security and reducing emissions. The project supports sustainable development, economic diversification, and cooperation between the EU and Latin America.

SunPower Inc. completes Integration Of Sunder Energy, Marking A Major Step In Its Long-Term Operational Growth Strategy

SunPower Inc. has successfully integrated Sunder Energy as part of its growth strategy, utilizing a structured stage-gate methodology. This detailed process, led by CEO T. J. Rodgers, involved 311 tasks across multiple departments and ensures successful acquisitions by enhancing operations and minimizing risks. Future integrations with Ambia and Cobalt are also planned.
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INDIA AND SOUTH ASIA

Central Pollution Control Board Issues New 2026 Guidelines For Safe Storage And Handling Of Waste Solar Panels In India

In March 2026, the Central Pollution Control Board issued guidelines for the safe storage and handling of solar waste under E-Waste (Management) Rules, 2022. These aim to manage environmental risks associated with solar panels, ensuring compliance for producers and recyclers, while promoting safe disposal, transportation, and worker safety practices.

PFC Consulting Launches Bidding For Massive 14 GW Power Evacuation Transmission System Linking Gujarat And Maharashtra

PFC Consulting Limited has launched a competitive bidding process for a major inter-state power transmission system in western India. The project aims to enhance electricity evacuation from renewable zones in Gujarat to Maharashtra, involving a new substation and high-capacity lines. Bidders can acquire documents from March to May 2026, with the selected provider responsible for operations for 35 years.

PFC Consulting Invites Bids For 400 kV Hingoli West Transmission Project In Maharashtra

PFC Consulting Limited is initiating bidding for the "Establishment of 400 kV AIS Hingoli West" project in Maharashtra, which will enhance the local electricity transmission network. This includes building a new substation and transmission lines to meet growing power demands. The winning bidder will manage the project for 35 years, facilitating renewable energy integration.

India Adds 7.79 GW Solar Capacity As Total Power Capacity Crosses 524 GW In 2026

India's renewable energy sector is rapidly expanding, with renewable sources, particularly solar, accounting for 40.75% of total installed power capacity by January 2026. Government policies have fostered significant growth, enhancing domestic manufacturing. While coal remains dominant, the shift toward renewables is improving energy security and supporting economic development, despite challenges in grid management.

EUROPE

RWE Reports €5.1 Billion EBITDA in FY2025, Expands Renewable and Storage Capacity

RWE has reported earnings before interest, taxes, depreciation, and amortization (EBITDA) of €5.1 billion for fiscal year 2025, alongside adjusted net income of €1.8...

Sealed Air Partners With VSB Group To Build 751 kWp Rooftop Solar Plant At Its Alsfeld Facility Under A 20-year On-Site PPA

Sealed Air has partnered with VSB Group for renewable power at its Alsfeld facility in Germany, signing a 20-year Power Purchase Agreement. VSB will install a 751 kWp rooftop solar system, providing substantial energy savings and reducing carbon emissions. The initiative aims to enhance sustainable practices and operational benefits for Sealed Air.

Airengy Tech Ltd. to Acquire Six Solar Projects In Poland Worth €23.7 Million, Marking Its First Move Into Income-Generating Energy Assets

Airengy Tech Ltd. has signed binding agreements to acquire six solar projects in Poland, totaling 34 megawatts. Valued at €23.7 million, this marks Airengy's first ownership of revenue-generating assets. The projects include operational and advanced development stages, with a focus on integrating battery storage to enhance revenue stability and profitability.

AFRICA

South Africa Marks 300 Days Without Loadshedding As Eskom Stabilizes Power Supply

South Africa has marked 300 days without loadshedding, a significant achievement reflecting improvements in its energy sector after nearly two decades of shortages. This progress follows Eskom's Operational Recovery Plan, enhancing existing power station efficiencies, alongside increased investments in renewable energy. However, experts caution that future investments in infrastructure are vital for sustained stability.

Eskom And City Of Ekurhuleni Reach R3.4 Billion Debt Settlement To Secure Power Supply

Eskom and the City of Ekurhuleni have settled a R3.4 billion electricity debt, halting legal disputes and ensuring stable electricity supply. The city has paid R1.7 billion upfront, with the remaining balance due over 18 months. Both parties emphasize ongoing communication to maintain reliable services and financial stability.

Guinea-Conakry Highlights Energy Expansion and Upstream Opportunities Ahead of IAE 2026 Forum

Guinea-Conakry is emerging as a key player in oil and gas development within the MSGBC basin, focusing on boosting electricity generation to support economic growth. At the Invest in African Energy Forum 2026, the government will showcase its strategy, including licensing rounds for exploration and major hydropower projects, while diversifying its energy mix with natural gas and renewables.

Venus Secures Financing From Banque Misr To Expand Cairo 3A Hybrid Solar Project In Egypt

Venus has secured EGP 70 million in financing from Banque Misr for its Cairo 3A energy project in Egypt, aimed at expanding off-grid power solutions for remote agricultural areas. The project, focusing on hybrid renewable energy systems, will increase its capacity to 5.5 MVA by 2026, supporting sustainability and reducing fossil fuel dependence.

THE MIDDLE EAST

H2Pro and Doral Hydrogen to Develop Off-Grid Solar-to-Hydrogen Project in Spain

H2Pro and Doral Hydrogen have partnered to create a solar-powered hydrogen production facility in Extremadura, Spain. This groundbreaking project will utilize a 5 MW electrolyzer linked to 10 MWp of solar power, aiming to scale up to 50 MW. The facility will operate off-grid, supplying hydrogen for natural gas blending and supporting Europe’s hydrogen economy.

Bahrain Launches International Tender For 100 MW Bilaj Al Jazayer Solar Power Project

Bahrain's Electricity and Water Authority (EWA) has launched an international tender for a 100-megawatt solar power project, the Bilaj Al Jazayer Independent Power Project. This initiative aims to diversify energy sources, increase renewable energy share to 20% by 2035, and attract international developers, contributing to cleaner electricity and long-term energy security.

MGEN Expands Mterra Solar Project With 3.5 GW Capacity And Battery Storage To Strengthen The Philippines Energy Security

Meralco PowerGen Corporation (MGEN) is expanding its MTerra Solar project by adding 3,500 MWp of solar generation capacity and a 4,500 megawatt-hour battery energy storage system. This initiative aims to enhance energy security in the Philippines amidst global market uncertainties, reduce reliance on imported fossil fuels, and promote sustainable energy use.

Airengy Tech Ltd. to Acquire Six Solar Projects In Poland Worth €23.7 Million, Marking Its First Move Into Income-Generating Energy Assets

Airengy Tech Ltd. has signed binding agreements to acquire six solar projects in Poland, totaling 34 megawatts. Valued at €23.7 million, this marks Airengy's first ownership of revenue-generating assets. The projects include operational and advanced development stages, with a focus on integrating battery storage to enhance revenue stability and profitability.

SOUTH EAST ASIA

Sabah Unveils New Renewable Energy Framework To Boost Clean Power Investment In Malaysia

The Sabah government has launched a policy framework to promote renewable energy, simplifying project development and encouraging private sector investment. Prioritizing solar, hydropower, and biomass, it emphasizes operational safety, environmental impact assessments, and local workforce training. The initiative aims to enhance energy security, foster sustainability, and reduce fossil fuel dependence while attracting investments.

GE Vernova And Hitachi Explore Small Modular Reactor Deployment Across Southeast Asia

GE Vernova and Hitachi have partnered to explore small modular reactors (SMRs) in Southeast Asia, aiming to meet rising electricity demand driven by urbanization and data centers. Their memorandum includes feasibility studies for the BWRX-300 reactor, which promises lower costs and quicker deployment, strengthening energy security and supporting low-carbon transitions in the region.

Prime Infra Secures Php273.47 Billion Financing for 2 GW Pumped Storage Projects in Philippines

Prime Infrastructure Capital Inc. has secured financing agreements totaling Php273.47 billion to develop a 2-gigawatt pumped storage hydropower portfolio in the Philippines. The funding, from local and international banks, will support two major plants aimed at enhancing energy security and accelerating renewable energy adoption, targeting completion by 2030.

Chinese Battery Firm Sigenergy Unveils 166 kW Inverter for C&I Solar Installations

Chinese battery manufacturer Sigenergy has launched a 166 kW inverter for commercial and industrial solar installations, enhancing efficiency and integration with energy storage systems. This durable inverter features advanced power electronics, high performance, and safety measures. Coinciding with the opening of its new manufacturing facility, it supports extensive connectivity options for remote management.

FROM ACROSS THE GLOBE

PFC Consulting Invites Bids For 400 kV Hingoli West Transmission Project In Maharashtra

PFC Consulting Limited is initiating bidding for the "Establishment of 400 kV AIS Hingoli West" project in Maharashtra, which will enhance the local electricity transmission network. This includes building a new substation and transmission lines to meet growing power demands. The winning bidder will manage the project for 35 years, facilitating renewable energy integration.

Guinea-Conakry Highlights Energy Expansion and Upstream Opportunities Ahead of IAE 2026 Forum

Guinea-Conakry is emerging as a key player in oil and gas development within the MSGBC basin, focusing on boosting electricity generation to support economic growth. At the Invest in African Energy Forum 2026, the government will showcase its strategy, including licensing rounds for exploration and major hydropower projects, while diversifying its energy mix with natural gas and renewables.

Chinese Battery Firm Sigenergy Unveils 166 kW Inverter for C&I Solar Installations

Chinese battery manufacturer Sigenergy has launched a 166 kW inverter for commercial and industrial solar installations, enhancing efficiency and integration with energy storage systems. This durable inverter features advanced power electronics, high performance, and safety measures. Coinciding with the opening of its new manufacturing facility, it supports extensive connectivity options for remote management.

Ministry Of Power Proposes Electricity Consumer Rights Amendment Rules 2026 To Introduce Demand Response, Time-of-Day Tariffs And Stronger Billing Protection

The Ministry of Power has proposed amendments to enhance consumer rights in electricity, focusing on grid stability and renewable energy integration. Key features include Demand Response strategies with financial incentives, Time-of-Day tariffs, and improved grievance mechanisms. The draft seeks to simplify connections and prevent billing errors, inviting public feedback until April 11, 2026.

INSIGHTS

South Africa Marks 300 Days Without Loadshedding As Eskom Stabilizes Power Supply

South Africa has marked 300 days without loadshedding, a significant achievement reflecting improvements in its energy sector after nearly two decades of shortages. This progress follows Eskom's Operational Recovery Plan, enhancing existing power station efficiencies, alongside increased investments in renewable energy. However, experts caution that future investments in infrastructure are vital for sustained stability.

India Adds 7.79 GW Solar Capacity As Total Power Capacity Crosses 524 GW In 2026

India's renewable energy sector is rapidly expanding, with renewable sources, particularly solar, accounting for 40.75% of total installed power capacity by January 2026. Government policies have fostered significant growth, enhancing domestic manufacturing. While coal remains dominant, the shift toward renewables is improving energy security and supporting economic development, despite challenges in grid management.

Fiji Accelerates Renewable Energy Transition With Regulatory Reforms To Achieve 100% Clean Electricity By 2036 – Report

The International Renewable Energy Agency and Fiji's Department of Energy emphasize reforms for Fiji to meet its clean energy goals of 100% renewable electricity by 2036 and net-zero emissions by 2050. Key challenges include aging infrastructure, regulatory barriers, and reliance on fossil fuels. Proposed reforms aim to enhance private sector participation and grid modernization to facilitate a successful energy transition.

Jinko Solar And LONGi Lead 2025 Global Module Shipments As TOPCon Technology Dominates The Solar PV Market

InfoLink Consulting's 2025 solar module shipment ranking reveals that leading manufacturers collectively shipped around 536 GW, with Jinko Solar and LONGi sharing the top position. The adoption of TOPCon technology is prevalent, while market dynamics show China accounting for 55% of shipments amid significant industry challenges. A consolidation phase appears imminent.

IN CONVERSATION

Rahul Kale of Sunpower Renewables on the Future of Hybrid Solar and Energy Storage

As the shift to cleaner energy intensifies, hybrid solar and energy storage technologies are essential for reliable power supply. Sunpower Renewables, led by Rahul Kale, focuses on innovative, customer-centric solutions. The company advocates for policies that support energy storage deployment while balancing domestic and international growth, emphasising efficiency and long-term value in the Indian market.

Beyond Inverters: Deye’s Integrated Solar, Storage & EV Vision for India’s Energy Future – Bharat Singh, Director – Sales Marketing (India & North Africa)

How do Deye’s newly launched on-grid inverters up to 136 kW support the growing C&I solar market in India? Deye’s revolutionised C&I solution was launched...

“Small Components Can Make a Big Impact”: Matthias Mack on Stäubli’s India Strategy

As India accelerates toward its ambitious 2030 renewable energy targets, strengthening domestic manufacturing has become a key pillar of the country’s clean energy strategy....

Hoymiles’ 360 MW Deal Redefines Microinverter Adoption in India – Vikrant Sarang, Regional Sales Manager, West & Central India

What does India’s biggest 360 MW microinverter deal with Kosol Energie indicate about the growing acceptance of microinverters in India? This milestone reflects not just...

Redefining Solar Asset Management with AI-Driven Intelligence – Ashok DM, Founder CEO & MD, EnerMAN Technologies

EnerMAN is known for its smart IoT and AI-based solar monitoring solutions. Can you tell us how your products are changing the way solar...

Scaling Clean Energy in the Middle East: Sungrow’s Strategy, Storage Leadership, and Regional Growth

As renewable energy deployment accelerates across the Middle East, Sungrow continues to strengthen its regional footprint through large-scale solar and energy storage projects. In...

UPCOMING EVENTS

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PUBLICATIONS

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Technology

Smart Plasma Systems: The Next Frontier for Clean Hydrogen and Advanced Carbon Materials

A new Indo–Singapore project is advancing clean hydrogen technologies through plasma-based methane conversion. Led by APChemi and Commsens, it aims to develop an AI-integrated microwave plasma system that produces hydrogen and high-value carbon materials without carbon emissions. The project could enable low-emission hydrogen production and innovative carbon applications.

Explained – Solar Battery Myths vs Reality: What Consumers Need To Know About Energy Storage

Solar batteries are crucial for modern renewable energy systems, yet myths hinder widespread adoption. Many mistakenly believe they work only in sunlight or are too costly. In actuality, they store excess energy for later use, have become more affordable, and require minimal maintenance. Understanding these facts can enhance the appeal of solar energy storage.

Explained – Understanding Solar + Storage: How Solar Panels And Batteries Work Together

Solar panels convert sunlight into electricity using semiconductor solar cells. They generate direct current (DC) and require inverters to supply alternating current (AC) for homes. Batteries store excess energy for use during high-demand periods or outages, enhancing self-sufficiency. The solar-plus-storage system reduces grid dependence and lowers energy costs while promoting sustainability.

Solar Tech Weekly: Hoymiles Launches Hybrid Solar Inverter; New Solar Material Produces Hydrogen On Demand and More…

Hoymiles has launched the HIS-3.6L-G3 hybrid inverter series for residential solar, enhancing energy independence. Additionally, a new solar battery material can produce hydrogen on demand. CIGRE and the 450 MHz Alliance published a white paper on grid wireless networks, while innovations in flexible solar technologies support electric vehicles and aesthetic solar applications.

New “Solar Battery” Material Stores Sunlight and Produces Hydrogen on Demand

Scientists have developed a groundbreaking “solar battery” material that stores sunlight and converts it into hydrogen fuel, addressing energy storage challenges. This innovative system captures electrons from sunlight, allowing for energy storage even without direct sunlight and enabling multiple recharges. It promises enhanced integration of solar power with green hydrogen production.

AUSTRALIA

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Rahul Kale of Sunpower Renewables on the Future of Hybrid Solar and Energy Storage

As the shift to cleaner energy intensifies, hybrid solar and energy storage technologies are essential for reliable power supply. Sunpower Renewables, led by Rahul Kale, focuses on innovative, customer-centric solutions. The company advocates for policies that support energy storage deployment while balancing domestic and international growth, emphasising efficiency and long-term value in the Indian market.

South Africa Court Delivers Landmark Ruling Against Eskom, Clearing Path For Sibanye-Stillwater 50 MW Solar Power Project

The Gauteng Division of the High Court in South Africa ruled against Eskom, allowing Sibanye-Stillwater to develop a 50-megawatt solar facility for its gold mine. This decision challenges Eskom's attempts to impede renewable projects, promoting private investment in clean energy and reducing reliance on the national grid amidst ongoing power shortages.

New “Solar Battery” Material Stores Sunlight and Produces Hydrogen on Demand

Scientists have developed a groundbreaking “solar battery” material that stores sunlight and converts it into hydrogen fuel, addressing energy storage challenges. This innovative system captures electrons from sunlight, allowing for energy storage even without direct sunlight and enabling multiple recharges. It promises enhanced integration of solar power with green hydrogen production.