Global Solar Capacity Crosses 3 TW as India Emerges as Second-Largest Solar Market
Global solar power capacity surpassed the landmark 3 TW threshold after a record 664 GW of new solar installations were added during 2025. The achievement highlights the accelerating pace of clean energy deployment worldwide. India emerged as the world’s second-largest solar market, reinforcing its growing role in the global energy transition and contributing significantly to the unprecedented annual capacity additions that continue to drive decarbonization efforts across major economies.
GUVNL Issues Tender for 450 MW/900 MWh Battery Storage Project in Gujarat
Gujarat Urja Vikas Nigam Limited (GUVNL) has floated a tender for developing a 450 MW/900 MWh Battery Energy Storage System (BESS) project in Gujarat. The project is backed by viability gap funding support of ₹18 lakh per MWh, aimed at enhancing grid reliability and renewable energy integration. The initiative aligns with India’s growing focus on large-scale energy storage infrastructure to support rising renewable penetration.
GERC Proposes Dynamic Green Energy Banking Charges from FY 2027
The Gujarat Electricity Regulatory Commission (GERC) has released a draft amendment proposing dynamic green energy banking charges effective from FY 2027. The proposal aims to better align banking mechanisms with grid conditions and renewable energy demand patterns. If implemented, the revised framework could significantly influence renewable project economics, energy management strategies, and consumer participation in green energy programs across Gujarat.
APERC Clarifies Renewable Connectivity Transfer Rules in Andhra Pradesh
The Andhra Pradesh Electricity Regulatory Commission (APERC) has issued clarifications regarding intra-state connectivity transfers for renewable energy projects. The guidance is intended to streamline administrative processes and remove ambiguity surrounding project connectivity rights. The clarification is expected to facilitate smoother project execution, improve regulatory certainty, and support continued renewable energy development across Andhra Pradesh.
DERC Approves 97.5 MW/195 MWh Battery Storage Project for Delhi
The Delhi Electricity Regulatory Commission (DERC) has approved BSES Rajdhani Power Limited’s 97.5 MW/195 MWh Battery Energy Storage System project. The storage facility is expected to strengthen grid resilience, improve peak demand management, and enhance integration of renewable energy resources within Delhi’s power network. The approval marks another significant step in advancing urban energy storage deployment in India.
IOCL Invites Bids for 1 MW Solar Project at Delhi LPG Plant
Indian Oil Corporation Limited (IOCL) has issued a ₹5.67 crore tender for the development of a 1 MW solar power project at its LPG Bottling Plant in Delhi. The project aims to reduce conventional power consumption, lower carbon emissions, and support the company’s sustainability objectives. The initiative reflects increasing adoption of captive solar generation across industrial and public sector facilities.
Mizoram Seeks Developers for 1.5 MW Solar Plant at Medical College
Authorities in Mizoram have floated a tender for setting up a 1.5 MW solar power plant at Zoram Medical College Hospital. The project aims to strengthen clean energy adoption in the healthcare sector while improving energy reliability and reducing operational costs. The initiative supports the state’s renewable energy goals and demonstrates growing interest in solar deployment across public institutions.
GERC Extends Deadline for 5.5 MW Wind-Solar Hybrid Project
The Gujarat Electricity Regulatory Commission has granted a six-month extension for a 5.5 MW wind-solar hybrid power project. The extension provides additional time for project completion amid development challenges. The decision is expected to support successful commissioning while ensuring the project’s contribution toward Gujarat’s renewable energy targets and hybrid energy expansion strategy.
Waaree Renewable Acquires Majority Stake in APSPL
Waaree Renewable Technologies Limited has completed the acquisition of a 55% stake in APSPL, strengthening its renewable energy portfolio and expanding its market presence. The strategic investment is expected to enhance project execution capabilities, diversify business opportunities, and support the company’s long-term growth objectives within India’s rapidly evolving clean energy sector.
Discover more from SolarQuarter
Subscribe to get the latest posts sent to your email.
