The Fertilisers and Chemicals Travancore Limited (FACT) has invited online bids for a 6 MW AC floating solar PV power project in Kerala, under the Build-Own-Operate-Transfer model. Bidders must follow a two-part submission process and provide an Integrity Pact. Key dates include a pre-bid meeting on June 26, 2026, and bid opening on July 13, 2026.
Kee Ming Group Berhad has secured a RM70 million subcontract for a large-scale solar power project in Kedah, Malaysia, through its subsidiary. The project involves extensive mechanical and electrical engineering works for a 99.99-megawatt solar plant. Work begins immediately, with full operations expected by February 2027.
The CERC approved tariffs for 6000 MWh of assured peak power from renewable energy projects managed by SJVN Limited, following a competitive bidding process. The final uniform tariff is ₹6.74 per kWh, significantly lower than previous benchmarks. SJVN has already secured PSAs for 1150 MW and ongoing discussions cover additional capacity.
The Municipal Corporation of Prayagraj has initiated a campaign promoting rooftop solar installations to enhance renewable energy use and lower electricity costs. Awareness camps will inform residents about government subsidies and a 10% house tax rebate for participants. This effort aims to support sustainable development and environmental protection in the city.
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.
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.
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 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.
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.
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.
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.
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.
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.
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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...
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.
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 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.
As residential energy storage evolves from a standalone technology into a key component of the connected home, manufacturers are increasingly focusing on integrated energy...
The Karnataka Electricity Regulatory Commission has extended the deadline for open access power generators to install standby meters until December 31, 2026. This extension provides an additional six months, allowing generators more time to meet compliance requirements and address challenges related to the installation process while maintaining regulatory standards.
