Monday, March 2, 2026
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SECI To Invest ₹1,050 Crore In Fixed Deposits Through Scheduled Commercial Banks

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The Solar Energy Corporation of India Limited (SECI) plans to invest Rs 1,050 crore in fixed deposits to support renewable energy development. The investment, divided into Rs 250 crore for 45 days and Rs 800 crore for 365 days, will be placed with eligible banks meeting strict criteria, with bids due by February 24, 2026.

AMERICAS

REC Solar And Ventura Energy Complete 1.73 MW Santa Paula Solar Project With Rooftop Reservoir Arrays, Delivering $12 Million Energy Value And $5 Million...

REC Solar and Ventura Energy have completed a 1.73 MW solar project at Farmers Irrigation Company's Santa Paula site, enhancing their modernization to a pressurized water distribution system. This collaboration aims to reduce energy costs, support local agriculture, and ensure sustainable water delivery, saving approximately $5 million over the project's lifetime.

Ever.green Partners With Corporate Energy Buyers To Deploy Solar Across 15 Wayne County, West Virginia Schools, Saving District Up To $200,000 Annually

Ever.green, in collaboration with Solar Holler, has launched six solar energy systems in Wayne County, West Virginia, providing substantial annual savings for local schools while promoting clean energy. This initiative, supported by corporate buyers of High-Impact Renewable Energy Certificates, aims to alleviate energy costs and create local jobs, benefiting the entire community.

Soleil Renewable Energy Moves 880 MW Solar And 460 MW Battery Storage Project Into Execution Phase Across 3,200 Acres

Soleil Renewable Energy, founded in 2019, has advanced its 880 MWdc solar and 460 MW battery storage project into execution. Led by Ramak Sedigh and Zaya Younan, the project aims to provide reliable, efficient clean energy. It emphasizes infrastructure-grade capacity, supporting peak demand while benefiting the local economy and adhering to environmental standards.

Global Coalition Launches Solar Geoengineering Research Governance Platform to Strengthen Transparency and Accountability

An international coalition has launched the Solar Geoengineering Research Governance (SGRG) Platform to enhance accountability in solar geoengineering research. It aims to provide voluntary governance tools, fostering transparency and public engagement amidst rising climate risks. The initiative encourages responsible practices while aligning research with societal interests, set for official launch in July 2026.
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INDIA AND SOUTH ASIA

Top Stories Of The Day: SECI Concludes 125 MW BESS; SQ India Latest Issue Out; and More…

Recent developments in India's renewable energy sector include SECI's completion of a 125 MW battery storage auction, MNRE's draft guidelines for green hydrogen emissions, and new distributed energy regulations in Meghalaya. Additionally, CERC provided clarity on Bikaner-II’s connectivity, while TNGECL and GSECL are advancing solar projects and tariffs.

Jharkhand Renewable Energy Development Agency Floats RFP for 9 MW Solar Power Project in Palamu

The Jharkhand Renewable Energy Development Agency (JREDA) seeks bids for a 9 MW solar power plant in Palamu district, with a project cost of ₹92.97 crore. The contract spans 26 years for design, construction, operation, and maintenance. Bids are due by March 20, 2026, with eligibility criteria for bidders.

SWAYAMURJA Bags Solar O&M Excellence Award at Maharashtra Confex 2026

SWAYAMURJA RENEWABLE ENERGY PVT LTD received the “Excellence in Comprehensive Solar O&M and Generation Performance” award at the Solar & Storage Confex Maharashtra 2026. The company excels in solar operations and maintenance, ensuring optimal efficiency and performance of solar assets through advanced management and maintenance practices, enhancing reliability and energy yield.

SECI Concludes 125 MW/500 MWh Standalone BESS Auction In Odisha

The Solar Energy Corporation of India conducted an auction for 125 MW/500 MWh of Battery Energy Storage Systems in Odisha, enhancing India’s renewable energy framework. Coal India Limited and Onward Solar Power emerged as winners, securing capacities at tariffs between ₹3.04 and ₹3.75 per kW per month to support GRIDCO Limited.

EUROPE

Iberdrola Opens Applications For Its 2026–2027 International Master’s Scholarships As It Marks 125 Years And Expands Talent Development In Key Energy Fields

Iberdrola has launched applications for its International Master’s Scholarship Programme for the 2026–2027 academic year, celebrating its 125th anniversary. This 17th edition targets university graduates and final-year students, promoting critical skills in electrification. Successful applicants can study at leading universities and may secure internships within Iberdrola, fostering career development in the energy sector.

Iberdrola Posts Its Strongest Year Yet: €6.285B Profit, €14.46B Investment And Massive US–UK Network Spending Power Growth In 2025

Iberdrola's 2025 was marked by significant growth, with a net profit increase of 12 percent to €6.285 billion, driven by investments in U.S. and U.K. networks. Adjusted EBITDA rose to €15.68 billion. The company reported reduced net debt, higher cash flow, and made substantial contributions to sustainability and employment as it enhances its capacity and infrastructure globally.

Virya Energy And EBRD Form New 2 GW Platform In Poland After Acquiring Optima Wind’s Solar, BESS And Wind Portfolio To Accelerate Clean-Energy Growth

Virya Energy has partnered with the European Bank for Reconstruction and Development to develop renewable energy projects in Poland, acquiring Optima Wind’s portfolio. This collaboration launched Virya Renewables Poland, with over 2 GW development potential. Key projects include a 722 MWp solar farm, enhancing Poland's clean energy transition and reducing CO₂ emissions significantly.

AFRICA

Ethiopia’s Solar and Storage Leaders Gather for a Landmark First Edition, Execution Takes Centre Stage in Addis Ababa

The inaugural Solar & Storage Ethiopia 2026 event gathered over 80 senior stakeholders in Addis Ababa for discussions on policies, technology, and investment in renewable energy. Focused on regulatory clarity and scalable deployment, the event emphasized collaboration among government, private sectors, and development partners to enhance Ethiopia’s clean energy transition.

HEX Battery Project In Worcester Stabilizes Grid, Supports Farms, And Marks Africa’s First Utility-Scale Energy Storage Milestone

Pieter Loubser, a South African farmer, benefits from the HEX battery energy storage project, which combats load shedding by providing a steady power supply. This facility stores renewable energy during low demand and releases it during peak times, supporting local industries and ensuring reliable electricity for farms, thereby enhancing community development and economic stability.

EAPP And SAPP Sign MoU To Boost Cross-Border Power Trade In Africa

A Memorandum of Understanding (MoU) between the Eastern Africa Power Pool (EAPP) and the Southern African Power Pool (SAPP) marks a significant advancement in regional energy integration. The agreement aims to harmonize regulatory systems, promote electricity trading, enhance grid stability, and support renewable energy, aligning with Africa's continental development goals.

Vantage Capital Invests R635 Million In Solarafrica’s C&I Energy Portfolio

Vantage Capital has invested R635 million in Commercial Energy South Africa (CESA), part of SolarAfrica Energy, facilitating Inspired Evolution's exit. SolarAfrica now wholly owns CESA, enhancing its renewable energy portfolio. The investment aims to expand SolarAfrica's capabilities in solar systems and battery storage, further supporting South Africa's energy transition.

THE MIDDLE EAST

Queen Alia International Airport Becomes First in Middle East to Achieve ISO 50001 as AIG Strengthens Integrated Sustainability and Carbon Management Leadership

Airport International Group has achieved ISO 50001:2018 certification for energy management at Queen Alia International Airport, the first in the Middle East. This milestone underscores AIG's commitment to sustainability and operational excellence, complementing other renewed ISO certifications. It supports improved energy efficiency, operational resilience, and stakeholder confidence in sustainable aviation.

Oriental Weavers Secures Carbon Verification and Expands Solar to Advance Decarbonization

Oriental Weavers, one of the world’s largest manufacturers of woven carpets, has completed independent verification and certification of its carbon footprint and renewable energy...

UAE–Ecuador CEPA Signed to Boost Renewable & Clean Energy, Tech and $3 Billion Investments

Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, visited Ecuador, fostering ties through discussions with President Daniel Noboa. They announced a Comprehensive Economic Partnership Agreement aimed at enhancing trade and investment, particularly in technology and clean energy. Development projects worth over US$3 billion are also in discussion.

Iraq Launches 1 GW Basra Solar Project

Iraq has initiated a significant 1-gigawatt solar power project in Basra, part of the Gas Growth Integrated Project with TotalEnergies and QatarEnergy. The Basra Sun plant, developed in four phases, aims to enhance energy supply, cut carbon emissions, and create jobs while supporting Iraq's goal of 12 gigawatts of solar capacity by 2030.

SOUTH EAST ASIA

Citaglobal Bhd To Raise RM42.09 Million For Renewable Energy Expansion And Pahang Land Acquisition

Citaglobal Bhd plans to raise RM42.09 million via a private placement to fund renewable energy expansion and finalize a land acquisition in Pahang. The company will issue new shares to Berjaya Securities, using proceeds for land acquisition, renewable energy projects, and working capital. This approach aids cash flow while supporting growth initiatives.

Laos Signs MoU For 100 MW Solar Power Project In Bolikhamxay Province

The Government of Laos has signed an MOU with APDL Solar Power to conduct a feasibility study for a 100 MW solar power project in Nam Ngiep village. This initiative aims to enhance the country’s renewable energy capacity and support its clean energy goals, possibly transforming Bolikhamxay province into a clean energy hub.

Vietnam Accelerates Energy Sector Reforms To Achieve Net-Zero By 2050

Vietnam is undertaking significant reforms in its energy sector to achieve net-zero emissions by 2050, guided by Power Development Plan VIII. Key initiatives include introducing Direct Power Purchase Agreements to enhance competition and revising the Electricity Law to streamline project approvals. Fiscal policies, such as lowering LNG import tariffs, support this transition towards a sustainable energy future.

Within 30 Days! Sineng Electric Powers Qinghai 700MW PV Project to Full Grid Connection

Sineng Electric has enabled the successful grid connection of the 700MW phase of the LongfaGonghe solar project in Qinghai, enhancing renewable energy capacity. The project features specially designed inverters for high-altitude reliability and emphasizes ecological restoration, supporting local economies. This initiative exemplifies modern renewable energy integration with sustainable development goals.

FROM ACROSS THE GLOBE

Laos Signs MoU For 100 MW Solar Power Project In Bolikhamxay Province

The Government of Laos has signed an MOU with APDL Solar Power to conduct a feasibility study for a 100 MW solar power project in Nam Ngiep village. This initiative aims to enhance the country’s renewable energy capacity and support its clean energy goals, possibly transforming Bolikhamxay province into a clean energy hub.

Iberdrola Posts Its Strongest Year Yet: €6.285B Profit, €14.46B Investment And Massive US–UK Network Spending Power Growth In 2025

Iberdrola's 2025 was marked by significant growth, with a net profit increase of 12 percent to €6.285 billion, driven by investments in U.S. and U.K. networks. Adjusted EBITDA rose to €15.68 billion. The company reported reduced net debt, higher cash flow, and made substantial contributions to sustainability and employment as it enhances its capacity and infrastructure globally.

EAPP And SAPP Sign MoU To Boost Cross-Border Power Trade In Africa

A Memorandum of Understanding (MoU) between the Eastern Africa Power Pool (EAPP) and the Southern African Power Pool (SAPP) marks a significant advancement in regional energy integration. The agreement aims to harmonize regulatory systems, promote electricity trading, enhance grid stability, and support renewable energy, aligning with Africa's continental development goals.

Queen Alia International Airport Becomes First in Middle East to Achieve ISO 50001 as AIG Strengthens Integrated Sustainability and Carbon Management Leadership

Airport International Group has achieved ISO 50001:2018 certification for energy management at Queen Alia International Airport, the first in the Middle East. This milestone underscores AIG's commitment to sustainability and operational excellence, complementing other renewed ISO certifications. It supports improved energy efficiency, operational resilience, and stakeholder confidence in sustainable aviation.

INSIGHTS

Vietnam Accelerates Energy Sector Reforms To Achieve Net-Zero By 2050

Vietnam is undertaking significant reforms in its energy sector to achieve net-zero emissions by 2050, guided by Power Development Plan VIII. Key initiatives include introducing Direct Power Purchase Agreements to enhance competition and revising the Electricity Law to streamline project approvals. Fiscal policies, such as lowering LNG import tariffs, support this transition towards a sustainable energy future.

ESCAP Launches Just Energy Transition Initiative for Southeast Asia

The United Nations ESCAP has launched the Energy Transition for Green Growth and Prosperity (ETGGP) programme to support a just energy transition in Southeast Asia. With over 4 million US dollars in funding, the three-year initiative aims to reduce greenhouse gas emissions while ensuring economic resilience, job protection, and social inclusion through tailored support and regional cooperation.

IRENA Launches Solar PV Supply Chain Cost Tool to Guide Global Manufacturing Strategies—Report

IRENA has introduced a Solar PV Supply Chain Cost Tool to aid governments and investors in understanding solar manufacturing economics. This initiative aims to promote local manufacturing and reduce reliance on imports. The tool highlights varying manufacturing costs across countries and suggests tailored policy measures to foster competitiveness and sustainability in the solar sector by 2030.

Global Top Five Solar PV Cell Shipments Climb 19.8% In 2025 As Topcon Dominates Market

Global shipments of solar photovoltaic (PV) cells continued to grow strongly in 2025, with the top five manufacturers increasing their combined volumes by 19.8%...

IN CONVERSATION

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...

Dr. Hong Soo Goh on Sungrow’s R&D Vision: Advancing Energy Storage, Grid Stability, and Intelligent Power Solutions

At the World Future Energy Summit in Abu Dhabi, SolarQuarter team spoke with Dr. Hong Soo Goh, a leading expert in PV, energy storage,...

UPCOMING EVENTS

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PUBLICATIONS

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Technology

Solar Tech Weekly: Korea Targets Next-Gen Batteries by 2029; Enerman Digitizes PM-KUSUM with RMS SCADA and More…

Korea Targets 800 Wh/L Lithium-Metal and Solid-State Breakthroughs by 2029 South Korea has unveiled an ambitious roadmap to commercialize next-generation lithium-metal and all-solid-state batteries by...

Pressure-Based CO₂ Capture System Advances Industrial Decarbonisation

Texas A&M University's new Pressure Induced Carbon Capture (PICC) method aims to lower industrial decarbonisation costs significantly. By dissolving CO₂ in water under pressure, it claims to capture up to 99% of emissions for about $26 per metric ton, offering a more efficient alternative to traditional amine-based systems.

Korea Targets 800 Wh/L Lithium-Metal and Solid-State Breakthroughs by 2029

South Korea is advancing next-generation battery technologies beyond lithium-ion systems, aiming for high-energy-density lithium-metal and all-solid-state batteries by 2029, with a KRW 130 billion investment. The initiative, emphasising collaboration between government and industry, could revolutionise electric vehicles and grid storage, enhancing safety and performance in energy solutions globally.

Fraunhofer ISE Sets World Records With 34.2% And 31.3% Efficient Tandem Solar Modules

Scientists at the Fraunhofer Institute achieved record solar module efficiencies with tandem photovoltaic technologies. A III-V germanium module reached 34.2% efficiency, while a III-V silicon module achieved 31.3%. These advancements mark significant progress in solar energy, combining high-performance materials with traditional silicon, enhancing energy output for limited installation spaces.

Solar Tech Weekly: Safer Flow Batteries Advance Grid-Scale Storage; Prussian Blue Tech Boosts Clean Energy Safety and More…

Safer Flow Batteries Advance Grid-Scale Storage Next-generation flow batteries are emerging as a safer and scalable alternative for large-scale energy storage. Designed to enhance grid...

AUSTRALIA

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“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....

KenGen To Add 253 MW Renewable Energy To Kenya’s Grid By 2027

Kenya Electricity Generating Company (KenGen) plans to add 253 MW of renewable energy to the national grid in three years to meet rising demand. The focus is on geothermal power, including rehabilitation of Olkaria I and development of Olkaria VII. Additional investments in solar and hydropower aim to enhance grid stability and reliability by 2030.

Pressure-Based CO₂ Capture System Advances Industrial Decarbonisation

Texas A&M University's new Pressure Induced Carbon Capture (PICC) method aims to lower industrial decarbonisation costs significantly. By dissolving CO₂ in water under pressure, it claims to capture up to 99% of emissions for about $26 per metric ton, offering a more efficient alternative to traditional amine-based systems.