PowerInfi by Midea Energy is a comprehensive residential energy storage system designed for modern homeowners seeking efficient, sustainable energy solutions. It features a high-performance hybrid inverter, scalable battery architecture, and intelligent management software, ensuring optimal energy use and cost savings. Built for safety and reliability, it enhances energy independence and grid interaction.
Mufin Green Finance is focusing on profitable growth with its electric vehicle and solar financing portfolio nearing ₹460 crore, driven by rising demand for sustainable solutions in India. The company aims to balance portfolio growth with profitability while expanding its presence in clean mobility and renewable energy financing, supporting the country's energy transition.
Chrysalis Renewables LP has acquired the Atlas V and VI solar projects in Arizona, totalizing 357 MWdc, under its partnership with Hanwha Renewables. This transaction marks their first collaboration, enhancing Chrysalis's capacity to 700 MW. The projects feature long-term Power Purchase Agreements and domestically manufactured solar modules, emphasizing supply chain reliability and execution capabilities.
Joint Solar emphasizes the significance of domestic manufacturing and technology advancement in India's solar energy transition. With a capacity of 1.3 GW and over five lakh installations, the company aims to enhance product quality and customer confidence. Growing awareness and the demand for reliable solar solutions are driving innovation and local production.
The Jharkhand State Electricity Regulatory Commission (JSERC) has amended electricity tariff regulations effective June 5, 2026. The new provision stipulates that reductions in power costs won't immediately benefit consumers if distribution companies have regulatory assets or financial gaps. Savings will instead address these obligations, improving the financial stability of utilities.
The Gujarat Electricity Regulatory Commission has granted KPI Green Energy Limited a six-month extension for its 5.5 MW Wind-Solar Hybrid Power Project in Bharuch, Gujarat. The decision protects the project's grid connectivity and bank guarantee during this period. KPI Green Energy argued for the extension due to delays caused by legal proceedings.
The Delhi Electricity Regulatory Commission has approved BSES Rajdhani Power Ltd. to initiate a competitive bidding process for a 97.5 MW Battery Energy Storage System in Delhi. This project aims to enhance power infrastructure, support renewable energy, and reduce electricity costs without direct investment from BRPL, benefiting consumers significantly.
The Andhra Pradesh Electricity Regulatory Commission (APERC) clarified that the Central Electricity Regulatory Commission's connectivity regulations for inter-state transfers do not apply to the state's intra-state transmission. APTRANSCO can process connectivity requests for any capacity, and approvals for renewable energy projects are project-specific and not freely transferable. Formal consent is required for transfers.
On June 23, 2026, Indian equity markets fell, with the S&P BSE Sensex decreasing by 1.16 percent and the Nifty 50 by 1.22 percent, driven by widespread selling in the renewable energy and power sectors. Significant losses were noted for major companies, although some stocks, like Sterling and Wilson Renewable Energy, managed to gain.
A report by Ember highlights that Southeast Asia may face delays in connecting power grids due to management and political challenges, not technical ones. ASEAN aims to boost cross-border electricity trade but lacks a cohesive planning framework and faces cost-sharing issues. Recommendations include enhancing regional cooperation and developing a cost-sharing framework.
In early 2026, global solar power capacity surpassed 3 terawatts, underscoring rapid adoption. In 2025, the industry added 664 gigawatts, with Asia-Pacific leading growth. China remains the top market, while India overtook the U.S. Despite projected declines in 2026 due to policy shifts, long-term growth is expected, reinforcing solar's crucial role in renewable energy.
On June 22, 2026, India's green energy sector experienced a positive trading session, with renewable energy stocks generally rising amid overall market gains. Sterling and Wilson Renewable Energy led with a nearly 4% increase. Other notable performers included Adani Green Energy and JSW Energy. Investor sentiment remained optimistic, highlighting confidence in the sector's growth.
India's solar manufacturing sector is set for significant growth this fiscal year, with domestic solar cell production expected to meet nearly half of total demand, up from a quarter last year. Government measures, including the Approved List of Cell Manufacturers, aim to enhance local manufacturing capabilities while experts caution about potential profitability challenges amid increasing capacity.
Businesses in the Philippines and Indonesia are accelerating electrification but face inadequate government infrastructure. A survey reveals a gap between corporate sustainability ambitions and public action, with many companies planning to replace fossil fuels by 2035. Leaders call for increased investment in electricity capacity, warning that slow progress could drive operations abroad.
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What are the major service challenges in India’s utility-scale solar sector today?India’s utility-scale solar sector has witnessed tremendous growth. however, service and operations face...
As renewable energy expands, traditional power systems are transforming. Conventional synchronous generators provided grid stability, but the rise of solar PV and battery storage, using grid-following inverters, presents challenges. Grid-forming inverters facilitate essential grid functions independently, enabling increased renewable integration while maintaining stability, crucial for future low-inertia power systems.
As Europe moves towards clean energy, the M-BAT initiative, funded by Horizon Europe, aims to innovate the recovery of critical battery materials like lithium, cobalt, and nickel from various sources. With 18 partners across seven countries, it focuses on sustainable extraction methods to strengthen the battery supply chain and reduce reliance on imports.
Midea Energy's PowerX1 offers a flexible home energy storage system, enhancing self-consumption and backup capabilities. ATESS expands microgrid solutions for reliable power access, while KUKA Cable prepares for Intersolar, focusing on advanced solar technologies. M-BAT innovates in battery recycling, and AI transforms solar module performance, driving efficiency and quality.
As residential energy storage evolves from a standalone technology into a key component of the connected home, manufacturers are increasingly focusing on integrated energy...
Waaree Energies Limited announced the resignation of Chief Procurement Officer Sanjeev Pushkarna, effective June 19, 2026, as part of a senior management restructuring. The company confirmed that the resignation was voluntary and complied with SEBI regulations, with disclosures available on its official website.
Midea Energy's PowerX1 offers a flexible home energy storage system, enhancing self-consumption and backup capabilities. ATESS expands microgrid solutions for reliable power access, while KUKA Cable prepares for Intersolar, focusing on advanced solar technologies. M-BAT innovates in battery recycling, and AI transforms solar module performance, driving efficiency and quality.