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TRENDING STORIES THIS WEEK

DERC Approves BRPL’s 97.5 MW/195 MWh BESS Project To Strengthen Delhi’s Power Grid

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.

Hoymiles Strengthens Its India Leadership, Appoints Mr. Piyush Sharma as Country Head – India

New Delhi, India – Hoymiles Power, a global solar & storage innovator, is pleased to announce the promotion of Mr. Piyush Sharma as Country...

Oriana Power Secures CRISIL Rating Reaffirmation; Bank Facilities Enhanced To ₹800 Crore

Oriana Power Limited announced that CRISIL reaffirmed its credit ratings and assigned a new "CRISIL A-/Stable" rating to its proposed Rs. 200 crore Non-Convertible Debentures. The company's bank loan facilities increased from Rs. 600 crore to Rs. 800 crore, reflecting its stable financial position and commitment to meet obligations.

India to Host 11th BRICS Energy Ministers’ Meeting in Gurugram, Advancing Energy Security, Sustainability, and Innovation under BRICS 2026 Chairship

India will host the 11th BRICS Energy Ministers’ Meeting on June 25-26, 2026, in Gurugram, focusing on energy security, sustainability, and equitable access. With an emphasis on “Energy for All,” the gathering aims to strengthen cooperation among BRICS nations, fostering innovation and addressing energy challenges while promoting India's clean energy achievements.

POLICY TRACKER

Oman Launches RO 5 Million Community Solar Program To Cut Power Bills And Expand Clean Energy

The Government of Oman has launched the RO 5 million Imtidad Community Solar Power Stations Program to promote renewable energy and reduce household electricity costs by up to 40%. The initiative includes the first solar station, Imtidad 1, in Muscat, and aims to strengthen local businesses while supporting Oman Vision 2040 by enabling affordable clean electricity.

UPERC Rejects NPCL’s 300 MW Long-Term Wind-Solar Hybrid Power Procurement Proposal

The Uttar Pradesh Electricity Regulatory Commission rejected Noida Power Company Limited's petition for a 300 MW wind-solar hybrid power agreement. The Commission found the proposal economically unsound, recommending instead a diversified energy mix and long-term contracts for reliable sources, such as coal-based power, to meet future demand.

UERC Proposes Ancillary Services Regulations 2026 To Strengthen Uttarakhand Grid Stability

The Uttarakhand Electricity Regulatory Commission has proposed draft regulations for ancillary services to enhance electricity grid safety and reliability. These regulations introduce three service categories to stabilize grid frequency, reduce congestion, and specify technical requirements for participants. The SLDC will monitor operations and ensure financial mechanisms support service delivery, encouraging broader participation.

Oman Launches RO 5 Million Imtidad Community Solar Programme To Cut Electricity Bills And Boost Clean Energy

Oman has initiated a RO 5 million community solar energy program, the Imtidad Community Solar Power Stations Programme, to enhance renewable energy use and reduce electricity costs. Managed by the Authority for Public Services Regulation, it aims to benefit low-income households and stimulate local economies through job creation and energy savings, supporting Oman Vision 2040.

MARKET INSIGHTS

Green Energy Stocks End Mixed As Renewable And Battery Segments Move In Opposite Directions (25 June 2026)

The trading session for green energy and mobility stocks was mixed amid cautious market sentiment in India. While benchmark indices posted slight gains, individual stocks like Borosil Renewables and NTPC Green Energy performed well, whereas battery manufacturers like Exide Industries faced losses. Overall, investors appeared selective without strong sector-specific drivers.

SDG 7 Progress Slows As Global Energy Access Gaps And Funding Challenges Deepen – Report

The pursuit of Sustainable Development Goal 7 faces significant challenges, with progress stalling due to economic disruptions. Approximately 655 million people lack electricity, primarily in Sub-Saharan Africa. Funding for clean energy is stagnant, particularly for the poorest nations. Achieving universal energy access by 2030 requires urgent action and investment.

Indian Green Energy Stocks Show Mixed Performance As Sensex And Nifty End Higher On June 24

On June 24, 2026, the Indian stock market closed positively, with the S&P BSE Sensex up 1.04% and Nifty 50 up 0.78%. Battery manufacturers like Exide Industries led gains, reflecting investor confidence in renewable energy. However, some companies, including Tata Power, faced declines, resulting in mixed sector performance overall.

CAISO Surpasses Natural Gas as Solar Generation Surges in Early 2026

In California, utility-scale solar generation surpassed natural gas for the first time in early 2026, marking a significant transition in energy production. Solar output increased 21% while natural gas dropped by 60%. This shift, fueled by expanded solar capacity and battery storage, indicates a changing electricity landscape and growing reliance on renewables.

Green Energy Stocks Slide As Sensex And Nifty Extend Losses On June 23

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.

ASEAN Power Grid Expansion Faces Governance And Coordination Challenges—Report

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.
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IN CONVERSATION

The Future of Residential Energy Storage Will Be Defined by Simplicity, Intelligence, and Convenience — Gerry Liu, Midea Energy  

As residential energy storage evolves from a standalone technology into a key component of the connected home, manufacturers are increasingly focusing on integrated energy...

Connecting the Globe to South America’s Renewable Markets – Dr. Florian Wessendorf, Managing Director; Solar Promotion International GmbH

The smarter E South America continues to grow rapidly. What key trends are driving the renewable energy market in Brazil and Latin America? The renewable...

Driving the Next Phase of India’s Green Energy Transition: An Exclusive Interview with Sreerangam Ravikiran, Service Manager – Utility, Sungrow India

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...

Driving MEA’s Green Transition: Inside Power & Sun’s ‘Lean, Mean, and Clean’ Strategy – L K Verma, Managing Director

What have been the key growth drivers behind Power & Sun’s expansion across the MEA region? Power & Sun’s growth across the MEA region has...

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...

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Technology

Explained: Grid-Forming Inverters — The Technology Powering Renewable-Rich Grids

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.

Explained: Solar Curtailment—Why Renewable Energy Gets Switched Off Even When the Sun Is Shining

As renewable energy increases, solar curtailment poses significant operational and economic challenges. This intentional reduction of solar output, mainly due to grid congestion and negative electricity prices, leads to decreased plant utilisation and reduced project revenues. Solutions involve upgrading infrastructure, enhancing operational flexibility, and improving grid management to better utilise clean energy.

Weekly Tech Newsletter | Smart Solar, Energy Storage, Cable Technologies & Future Grids and More…

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.

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The Future of Residential Energy Storage Will Be Defined by Simplicity, Intelligence, and Convenience — Gerry Liu, Midea Energy  

As residential energy storage evolves from a standalone technology into a key component of the connected home, manufacturers are increasingly focusing on integrated energy...

Odisha Signs Landmark JV With NLC India Renewables For 1000 MW Wind And Floating Solar Projects

Odisha has signed a Joint Venture Agreement with NLC India Renewables Limited to boost its renewable energy sector, targeting 1000 MW capacity. Spearheaded by Chief Minister Mohan Charan Majhi, the initiative emphasizes wind and solar projects. This move aims to enhance energy security, attract investments, and support sustainable industrial growth in the state.