Tuesday, March 24, 2026
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UPEX 2026

Cabinet Nod for ₹2,584 Crore Small Hydro Scheme to Add 1.5 GW Capacity

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The Union Cabinet has approved a ₹2,584.60 crore Small Hydro Power Development Scheme for FY 2026–27 to FY 2030–31. The initiative aims to install 1,500 MW of small hydro capacity, particularly in underdeveloped areas. It seeks to revitalise the sector, enhance renewable energy, create jobs, and ensure sustainable development.

AMERICAS

LEGO Group To Build Major Solar Park At Its Virginia Factory As Part of 100% Renewable Energy Goal

The LEGO Group plans to construct a large solar park at its Virginia factory, aiming for 100% renewable energy. The project will feature over 30,700 ground-mounted panels and rooftop installations. With a $1.5 billion investment, the facility will focus on sustainability, job growth, and community support through grants, reflecting LEGO's environmental commitment.

Sterlite Electric Appoints Frederic Trefois as Group CEO

Sterlite Electric has appointed Frederic Andre M Trefois as its Group CEO, signaling a leadership shift as the company aims for growth. Trefois, previously a Non-Executive Independent Director, will drive strategic expansion in the power transmission sector. His expertise aligns with the urgent need for resilient grid systems and sustainable energy solutions.

Entergy Arkansas Strengthens Statewide Electric Grid With Pole Upgrades And Infrastructure Improvements

Entergy Arkansas is enhancing the state's electric grid through proactive initiatives, including a reliability initiative called a "swarm" where crews replace aging poles in regions like Carlisle. These upgrades, essential for improving reliability and reducing outages, aim to ensure long-term power stability while meeting modern agricultural needs.

DNV Supports Grenergy Renovables In Securing Financing For 398 MW Solar And 1.4 GWh Storage Portfolio In Chile

DNV has assisted Grenergy Renovables in securing financing for its Central Oasis project in Chile, which includes 398 MW of solar capacity and 1.4 GWh of battery storage. This project advances Chile's renewable energy goals and carbon neutrality targets by integrating solar generation with storage, enhancing grid stability and reducing reliance on thermal generation.
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INDIA AND SOUTH ASIA

Top Stories Of The Day: NTPC UP Green Energy Seeks Solar-BESS EOI; KERC Notifies Demand Flexibility Rules and More…

NTPC UP Green Energy has called for expressions of interest for a 100 MW solar project with a 50 MW/200 MWh battery storage system in Uttar Pradesh. This initiative aims to provide reliable power for various consumers. Additionally, several other renewable energy projects and regulatory advancements were announced across India, highlighting the commitment to enhancing clean energy infrastructure.

Sterlite Electric Appoints Frederic Trefois as Group CEO

Sterlite Electric has appointed Frederic Andre M Trefois as its Group CEO, signaling a leadership shift as the company aims for growth. Trefois, previously a Non-Executive Independent Director, will drive strategic expansion in the power transmission sector. His expertise aligns with the urgent need for resilient grid systems and sustainable energy solutions.

Cleantech Solar Deepens Collaboration With Coats Group plc, Signing a Second Renewable Energy Project in Indonesia

Cleantech Solar has signed a second long-term agreement with Coats Group plc to develop a rooftop solar PV system at Coats Rejo Indonesia. This project aims to enhance renewable energy usage, reducing CO2 emissions and supporting Coats' goal of achieving Net Zero by 2050. The partnership underscores commitment to sustainable manufacturing.

Tata Power-DDL Earns A+ Rating, Secures 2nd Rank In India’s Discom Consumer Service Rankings

Tata Power Delhi Distribution Limited has achieved an ‘A+’ rating from the Ministry of Power for consumer service quality in 2024–25, serving nearly 9 million people. It holds the second position nationally in distribution utility rankings, showcasing excellence in operational reliability, billing, and customer service, reflecting a commitment to high service standards.

EUROPE

Unimot Energia i Gaz And 3T Office Park Sign 4-Year cPPA For Long-Term Green Energy Supply In Poland

Unimot Energia i Gaz and 3T Office Park have signed a four-year Corporate Power Purchase Agreement to supply over 70% of the office complex's energy from renewable sources, including wind and solar. This partnership promotes decarbonisation, improves cost predictability, and enhances sustainability efforts for tenants while supporting Poland's renewable energy market transition.

Finland Switches On Its First EU-Backed Solar Park Under The EU Renewable Energy Financing Mechanism (RENEWFM)

The Loukkaanaro Solar Park in Northern Finland, the first project financed under the EU Renewable Energy Financing Mechanism, is now operational. With 30,000 photovoltaic panels, it generates 15,000 MWh of renewable electricity annually, supports local economies, and provides crucial data on solar performance in cold climates, reducing carbon emissions significantly.

European Energy Divests High-Capacity 151 MW Solar PV Project In Sicily

European Energy has sold its remaining stake in a 151 MW solar project in Mineo, Sicily, to Sosteneo, which now fully owns the project. This move concludes a partnership that began in 2023. The acquisition solidifies Sosteneo's role in construction and operation, benefiting from a CfD that ensures financial stability.

AFRICA

Africa Eyes Green Bank To Boost Climate Finance And Drive Local Clean Energy Growth

Africa faces a climate crisis despite low greenhouse gas emissions and inadequate climate finance. Experts suggest establishing an African Green Bank to fund climate projects and local industries, reducing reliance on expensive foreign loans. This institution could foster economic growth and clean energy innovation, promoting greater self-sufficiency and resilience across the continent.

Ghana Moves Ahead With 200 MW Battery Storage Plan To Strengthen Power Grid

Ghana is set to enhance its energy system by procuring 200 megawatts of battery energy storage systems to stabilize its power grid and address peak demand challenges. This initiative, announced in March 2026, aims to reduce reliance on costly thermal power and improve electrification and renewable energy generation by 2030 and 2060, respectively.

Egypt Signs 5.6 GW Renewable Energy PPAs To Accelerate Clean Power Transition

Egypt is advancing its clean energy transition by signing power purchase agreements for projects totaling 5.6 GW, including a significant 900 MW wind farm and a 2 GW solar park with energy storage. These initiatives, part of its strategy to reach 42% renewable energy by 2030, aim to reduce fossil fuel reliance and enhance grid stability.

Kalpataru Projects Secures ₹4,439 Crore Orders in Global T&D Segment

Kalpataru Projects International Limited (KPIL) has secured new orders worth ₹4,439 crore in the power transmission and distribution segment, including projects in Africa, India, and Sweden. This growth, driven by increased investments in global energy transition, exceeds KPIL's FY26 target and emphasizes its strong presence in the T&D market.

THE MIDDLE EAST

Iraq Achieves Improved Grid Stability With Record Power Supply And Infrastructure Upgrades

Iraq's Ministry of Electricity has achieved a significant improvement in its power supply, reducing outages through better planning, infrastructure upgrades, and new generation units. While record electricity production benefits households and businesses, officials stress the need for ongoing investments and renewable energy adoption to ensure long-term stability in the power sector.

PowerChina Secures $1.9 Billion Solar And Storage Project In Abu Dhabi

PowerChina has secured a $1.9 billion contract for a solar and energy storage project in Abu Dhabi, aiming to meet rising electricity demand and reduce carbon emissions. By integrating battery storage with solar power, the project ensures reliable energy supply. It strengthens Sino-UAE cooperation in clean energy while supporting local job creation and sustainability goals.

Shuangliang Delivers Electrolyzers for Oman’s First Green Hydrogen Project

Shuangliang Group has shipped 16 hydrogen electrolyzer units for Oman’s first green hydrogen project at the Special Economic Zone at Duqm. Developed by Green Hydrogen and Chemicals Company, the project aims to initially produce 100,000 tonnes of green ammonia annually, scaling up to 900,000 tonnes, with supplies earmarked for Europe.

Kuwait Awards $1.6 Billion Contract To Modernize Sabiya Power Station And Strengthen National Power Grid

Kuwait has contracted a $1.6 billion project to modernize the Sabiya Power and Water Distillation Station, led by Mitsubishi Power and HEISCO. Aimed at enhancing energy security and meeting growing demand, the upgrades will extend the plant's life by 20 years, improve efficiency, and reduce environmental impact, supporting Kuwait's "Vision 2035."

SOUTH EAST ASIA

Solar First Completes 1MWp Rooftop Solar Project In Thailand With Advanced Mounting Solution

Solar First has delivered a successful 1 MWp rooftop solar project in Thailand, addressing local environmental challenges with a non-penetrative mounting system. This innovative approach ensures durability, prevents water leakage, and supports efficient installations. The project emphasizes the company's commitment to advancing renewable energy in Southeast Asia while ensuring operational safety and sustainability.

PowerChina Secures $1.9 Billion Solar And Storage Project In Abu Dhabi

PowerChina has secured a $1.9 billion contract for a solar and energy storage project in Abu Dhabi, aiming to meet rising electricity demand and reduce carbon emissions. By integrating battery storage with solar power, the project ensures reliable energy supply. It strengthens Sino-UAE cooperation in clean energy while supporting local job creation and sustainability goals.

Malaysia Launches Floating Solar Pilot At Kenyir Dam To Boost Hybrid Renewable Energy Strategy

Malaysia has launched a floating solar pilot project at Tasik Kenyir Dam as part of the Hybrid Hydro Floating Solar initiative. This small-scale project features 220 solar panels with a capacity of 100 kilowatts, aiming to integrate solar and hydroelectric power. It supports Malaysia’s goal for 70 percent renewable energy by 2050 and may lead to larger developments, enhancing energy security and sustainability.

Cleantech Solar Deepens Collaboration With Coats Group plc, Signing a Second Renewable Energy Project in Indonesia

Cleantech Solar has signed a second long-term agreement with Coats Group plc to develop a rooftop solar PV system at Coats Rejo Indonesia. This project aims to enhance renewable energy usage, reducing CO2 emissions and supporting Coats' goal of achieving Net Zero by 2050. The partnership underscores commitment to sustainable manufacturing.

FROM ACROSS THE GLOBE

Finland Switches On Its First EU-Backed Solar Park Under The EU Renewable Energy Financing Mechanism (RENEWFM)

The Loukkaanaro Solar Park in Northern Finland, the first project financed under the EU Renewable Energy Financing Mechanism, is now operational. With 30,000 photovoltaic panels, it generates 15,000 MWh of renewable electricity annually, supports local economies, and provides crucial data on solar performance in cold climates, reducing carbon emissions significantly.

Africa Eyes Green Bank To Boost Climate Finance And Drive Local Clean Energy Growth

Africa faces a climate crisis despite low greenhouse gas emissions and inadequate climate finance. Experts suggest establishing an African Green Bank to fund climate projects and local industries, reducing reliance on expensive foreign loans. This institution could foster economic growth and clean energy innovation, promoting greater self-sufficiency and resilience across the continent.

Sterlite Electric Appoints Frederic Trefois as Group CEO

Sterlite Electric has appointed Frederic Andre M Trefois as its Group CEO, signaling a leadership shift as the company aims for growth. Trefois, previously a Non-Executive Independent Director, will drive strategic expansion in the power transmission sector. His expertise aligns with the urgent need for resilient grid systems and sustainable energy solutions.

Ghana Moves Ahead With 200 MW Battery Storage Plan To Strengthen Power Grid

Ghana is set to enhance its energy system by procuring 200 megawatts of battery energy storage systems to stabilize its power grid and address peak demand challenges. This initiative, announced in March 2026, aims to reduce reliance on costly thermal power and improve electrification and renewable energy generation by 2030 and 2060, respectively.

INSIGHTS

India Targets 900 GW Non-Fossil Capacity By 2035-36 With Massive Grid Expansion Plan – CEA

India plans to expand its clean energy capacity to over 900 GW by 2035-36, focusing on renewable sources like solar, wind, and nuclear power. A significant transmission infrastructure upgrade is essential, with projected costs around ₹7,93,300 crore. The roadmap aims for reliable energy supply and efficient grid usage to meet rising electricity demands.

U.S. Wind And Solar Power Reach Record 17% Share In Electricity Generation In 2025

In 2025, wind and solar energy reached a record 17% of U.S. electricity generation, up from less than 1% in 2005. Together, they produced approximately 760,000 GWh, with notable growth in both utility-scale and small-scale solar installations. Despite this progress, 75% of electricity still comes from traditional sources like natural gas and coal.

Indonesia Accelerates Solar-Powered EV Push To Reduce Oil Dependence

Indonesia is actively promoting solar-powered electric vehicles (EVs) to reduce its reliance on imported oil amid fluctuating global prices. The government aims to build a sustainable transport sector using its solar potential and local battery production. Incentives are offered to boost EV adoption, despite challenges like initial costs and grid upgrades.

Iceland Leads Global Rankings For Cleanest Power Grids, Norway And Sweden Follow—Report

A March 2026 study by Energy World Mag evaluated 76 countries' progress toward sustainable power systems using a Clean Energy Sustainability Index. Iceland ranked first with the lowest carbon footprint, followed by Norway and Sweden. The study highlights the impact of geography on clean energy potential and calls for investments in infrastructure for less advantaged nations.

IN CONVERSATION

RenewX 2026: A Decade of Powering South India’s Green Revolution – Julian Thomas, Portfolio Director (Energy & Battery Industry – India), Informa Markets

Over the past decade, how has RenewX Expo reflected the evolving renewable energy market in South India and highlighted key trends for India and...

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...

UPCOMING EVENTS

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Technology

New 2D Materials Enable High-Efficiency Solar on Any Surface

Researchers at the Polytechnic University of Madrid are pioneering ultra-thin, two-dimensional solar cell materials through a novel technique called “hot-pick-up.” These lightweight, flexible cells enhance energy efficiency and can be integrated into urban environments. Simulations indicate they could meet 30% of a skyscraper's energy needs, revolutionising urban energy solutions.

Explained – How Solar Batteries Ensure Reliable And Continuous Power For Your Home

Solar batteries enhance the reliability of solar energy for homes by storing excess electricity generated during the day. They provide backup power during outages, promote energy independence, and optimize energy management through smart technology. Despite initial costs, their efficiency and environmental benefits make them an increasingly practical solution for sustainable energy.

Solar Tech Weekly: Sodium-Ion Battery Breakthrough; Hopewind Achieves Philippines Grid Compliance and More…

Recent innovations in energy storage technologies include a sodium-ion battery with improved capacity and the ability to desalinate seawater, promising a sustainable alternative to lithium-ion. Additionally, companies like GoodWe and Hopewind are enhancing energy management in regions like MENA and the Philippines, while smart plasma systems advance clean hydrogen production.

Breakthrough Sodium-Ion Battery Doubles Energy Capacity and Enables Seawater Desalination

Researchers at the University of Surrey have developed a sodium-ion battery that significantly enhances energy storage and introduces desalination. Using nanostructured sodium vanadate hydrate, the battery retains water to double capacity, charge faster, and withstand over 400 cycles, while also operating in seawater to purify water. This advancement offers potential for integrated energy-water solutions.

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.

AUSTRALIA

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How did Purshotam scale operations and expand its footprint across India this year? This year, Purshotam Profiles focused on strategic expansion by strengthening its manufacturing...

CERC Introduces New Tariff Rules 2026 To Boost Energy Storage Integration In India’s Power Sector

The CERC's March 20, 2026 notification introduces the Terms and Conditions of Tariff (Second Amendment) Regulations, recognizing Integrated Energy Storage Systems (IESS) for improved grid reliability in India's power sector. It incorporates lithium-ion storage systems, introduces a supplementary tariff structure, and promotes stakeholder engagement for existing projects, signaling a significant policy shift towards energy storage integration.

Solar Tech Weekly: Sodium-Ion Battery Breakthrough; Hopewind Achieves Philippines Grid Compliance and More…

Recent innovations in energy storage technologies include a sodium-ion battery with improved capacity and the ability to desalinate seawater, promising a sustainable alternative to lithium-ion. Additionally, companies like GoodWe and Hopewind are enhancing energy management in regions like MENA and the Philippines, while smart plasma systems advance clean hydrogen production.