Fox ESS P100: BEST Choice For Your Home

All-in-One Energy Storage System

Integrating both inverter and battery into a single unit, the P100 offers a streamlined and reliable one-stop energy solution. Combining high efficiency with user-friendly design, it redefines modern energy storage standards. Available configurations include: 5kW+10kWh, 6kW+10kWh, 7kW+10kWh, 8kW+10kWh, and 10kW+10kWh.

All-in-One Solution

The P100 delivers true system integration, eliminating the complexity of multi-component installation. With a minimalist design and quick one-step setup, it significantly reduces installation time and cost for both installers and users making it an ideal choice for residential applications where efficiency matters.

Fast Installation & Aesthetic Appeal

The system greatly reduces installation time and features a sleek design that blends seamlessly into home environments, serving as an elegant piece of modern living decor.

Advanced Backup & Off-Grid Performance

Equipped with 20A PV input current and up to 3 MPPTs, the system enhances energy yield and supports up to 200% PV oversizing without curtailment. It features dual off-grid backup capability, handling 200% overload for 10 seconds to ensure uninterrupted power during critical moments. A 4ms grid-off switching time ensures seamless transition during grid instability.

Scalable Capacity & Power

The P100 supports flexible expansion from 10–30kWh storage capacity and 5–30kW output power, adapting to diverse household and commercial energy needs while providing long-term value and scalability.

Built to Endure & Perform

Rated IP66 for dust and water resistance, the system operates reliably from -20°C to 55°C, suited for various climates. A 95% depth of discharge (DoD) maximizes usable energy and extends system life.

10-Year Warranty

The P100 is backed by a 10-year warranty with a “replacement, not repair” policy, ensuring worry-free ownership and long-term reliability.

Smart Monitoring & Control

With the FoxCloud V2.0 platform, the P100 enables real-time monitoring and intuitive control. Users can easily track performance, optimize energy usage, and maintain system health all through a unified interface.

The Fox ESS P100 stands out as a next-generation energy storage solution with full integration, robust backup power, and intelligent management. It advances energy independence while delivering efficiency, resilience, and sustainability an optimal choice for homes and businesses seeking reliable and future-ready power.

Sunsure Energy, NVVN Ink First-of-its-Kind 500 MWh BESS Deal at Jhansi’s Garautha Substation

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Sangita Shetty

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29th August 2025

Renewable energy company Sunsure Energy has announced a pioneering agreement with NTPC Vidyut Vyapar Nigam Ltd (NVVN) to supply 500 MWh of peak power to the Uttar Pradesh Power Corporation Ltd (UPPCL) through a large-scale battery energy storage system (BESS).

The Battery Energy Discharge Purchase Agreement (BEDPA) secures a capacity of 125 MW/500 MWh under a 15-year contract, marking the first time in India that a BESS-based power supply deal has been structured in this way. Under the build-own-operate model, Sunsure will install the standalone system at the Garautha substation in Jhansi, Uttar Pradesh.

This arrangement will allow Sunsure to deliver four hours of on-demand power daily between 6 pm and 10 am, enabling UPPCL to meet peak demand with clean energy at a competitive fixed tariff. Unlike traditional fixed monthly rate models, the pact introduces an innovative per-kWh discharged energy billing system, a first in India’s energy storage sector.

Sunsure Energy’s Founder, Chairman & CEO Shashank Sharma highlighted the company’s evolution from solar-only projects to advanced hybrid renewable solutions with storage. He noted that the deal reflects a major step for utilities as well, transitioning from pure solar and hybrid tenders to nation-leading energy storage deployment.

The agreement is being seen as a milestone in India’s renewable energy journey, strengthening grid reliability while helping replace fossil fuel-based generation during peak demand hours.

UPNEDA and Vasudha Foundation Conduct PM Surya Ghar Training Across 13 Districts in Uttar Pradesh

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26th August 2025

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA), in collaboration with the Vasudha Foundation, has successfully concluded a series of training sessions under the PM Surya Ghar: Muft Bijli Yojana. The program, held from July 30 to August 21, 2025, covered 13 districts across Uttar Pradesh.

The initiative aimed to strengthen rooftop solar adoption by providing practical and technical training to key stakeholders, including empanelled vendors, DISCOM officials, and bank representatives. Sessions addressed hands-on aspects of rooftop solar installation while also focusing on implementation challenges and potential solutions.

The training was conducted in Agra, Meerut, Aligarh, Prayagraj, Gorakhpur, Ayodhya, Mathura-Vrindavan, Lucknow, Kanpur Nagar, Jhansi, Saharanpur, Moradabad, and Shahjahanpur.

Officials noted that the program has enhanced stakeholder preparedness and improved coordination between vendors, distribution companies, and financial institutions. By building technical capacity and addressing ground-level challenges, the training sessions are expected to accelerate the effective rollout of the PM Surya Ghar scheme across Uttar Pradesh.

Krannich Solar and Fimer Enter Into Strategic Partnership – Live Discussion, Join Now!

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Editorial Desk

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26th June 2020

Krannich Solar, one of the leading distributors for photovoltaics worldwide has signed a collaboration agreement with FIMER, the fourth largest solar inverter supplier in the world for the distribution of their inverters in Indian market. The alliance will strengthen the competitiveness through leveraging each other’s competencies and experience and ensure the most efficient and reliable deliveries to the customers.

As one of the top solar inverter suppliers in the world, FIMER has an extensive portfolio of string, central and legacy inverters. FIMER offers a wide range of single and three phase PV inverters ranging from 1.2 kW to 5 MW. FIMER is enriching the Krannich product range with high end energy solutions suitable for residential and commercial projects.

“We are very pleased to start working together with FIMER” says Sandeep Banodiya, Sales Director of Krannich Solar India. “The inverters compliment our product range very well as they will offer our customers excellent quality and significant added value. With FIMER we will create a winning partnership in the India like other countries. With FIMER we have a partner that has built up an excellent reputation for quality and reliability.”

“We have a global partnership with Krannich and we would like to strengthen this further with our relationship in India”, says KN Sreevatsa, Country Head of FIMER in India. “Krannich has an excellent team and will be our national partner to enhance our presence in India. We shall offer our entire range of string inverters with our partnership which will help our customers with ease of doing business. We are excited to partner with Krannich in this new era of FIMER”.

Fimer is going to showcase its wide array of string inverters at 3pm on 3rd July, in the webinar. The company will also be discussing about the Fimer – Krannich partnership, join now: https://bit.ly/2CY82Xz

CERC Issues First Amendment To 2022 REC Regulations, Introducing VPPAs And New Certificate Multipliers

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6th April 2026

The Central Electricity Regulatory Commission (CERC) has issued the First Amendment to the 2022 regulations governing Renewable Energy Certificates (RECs) in India, marking a significant update in how renewable energy is tracked, traded, and valued in the power sector. The amendment, dated March 24, 2026, introduces several new provisions aimed at improving clarity, promoting accountability, and encouraging the use of renewable energy through innovative mechanisms like Virtual Power Purchase Agreements (VPPAs).

A major change in the regulations is the formal recognition of VPPAs. Under this system, renewable energy certificates issued to a plant that has entered into a VPPA will now be automatically transferred to the consumer involved in the agreement, referred to as the “designated consumer.” These consumers can use the certificates to meet their Renewable Purchase Obligations (RPO) or the newly defined Renewable Consumption Obligations (RCO). Once used for compliance, the certificates are extinguished by the Central Agency. However, if a consumer has excess certificates beyond their legal requirements, they can carry them forward for future years, though selling them on power exchanges is strictly prohibited.

The amendment also provides clearer definitions, introducing the term “Designated Consumer” as defined under the Energy Conservation Act, 2001. It also establishes the “Renewable Consumption Obligation,” which sets a minimum share of non-fossil fuel energy consumption that must be met by consumers as mandated by the Central Government.

Another important update is the introduction of the “Certificate Multiplier” system. This system assigns different values to certificates depending on the type of renewable energy technology used. For projects commissioned between December 5, 2022, and the date of this amendment, multipliers remain at 1 for solar and on-shore wind, 1.5 for hydro, 2 for municipal solid waste, and 2.5 for biomass.

For new projects commissioned after the 2026 regulations come into effect, a more detailed scoring system will determine multipliers. This system evaluates technologies based on three weighted factors: tariff range (40%), technology maturity (30%), and the level of support provided to the grid during peak hours (30%). Based on this formula, Offshore Wind receives the highest multiplier of 4.0, while Biomass, Pumped Hydro, and Battery Energy Storage Systems (BESS) are assigned a multiplier of 3.0. Standard Solar and Wind projects continue with a multiplier of 1.0. These multipliers are valid for 15 years from the commissioning date of the plant.

The amendment also revises the application process for distribution licensees and open-access consumers. These entities must now apply for certificates within three months of receiving certification from their respective State Commissions regarding excess renewable energy purchases. Applications submitted after this three-month window will not be accepted.

The new regulations are expected to come into effect upon their publication in the Official Gazette, providing clearer rules and incentives for renewable energy development while ensuring compliance and proper tracking of certificates across India’s power market.

Sukošan Solar Power Plant Set For 45 MW Grid Connection And New 110/33 kV Substation Construction

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6th April 2026

The Sukošan Solar Power Plant project, known as SPP Sukošan, is being developed in Zadar County, within the Municipality of Sukošan. The site covers cadastral plots 645/1 and 645/5 in the Sukošan cadastral area and lies in a highly suitable location for solar power generation. It is positioned about 3 kilometers northeast of Sukošan, roughly 1.5 kilometers north of the settlement of Debeljak, and approximately 2 kilometers south of Zadar Airport. The combination of open land, proximity to infrastructure, and favorable solar conditions makes the location an ideal setting for a large-scale renewable energy project.

Under the current plan, the solar power plant will be connected to the 110 kV transmission network with a grid-connection capacity of 45 MW. The project includes installing photovoltaic modules totaling around 56.5 MWp and inverters with an AC capacity of approximately 48.3 MVA. The full plant footprint will span about 54.8 hectares, making it one of the more substantial new solar energy facilities in Croatia and a notable contributor to the country’s increasing renewable-energy production. A key part of the development involves building a new 110/33 kV Sukošan substation, which will connect the plant to the 110 kV Zadar–Biograd East transmission line. This infrastructure is essential to support stable grid integration and ensures that the energy generated by the solar power plant can be delivered efficiently into the national network.

The project also includes an important expansion component: the creation of an internal Battery Energy Storage System (BESS). This storage facility will increase the flexibility of the solar power plant by enabling electricity to be stored during periods of high generation and released when demand or grid conditions require it. The planned BESS will operate at up to 50 MW of power with a storage capacity of up to 200 MWh. It will include battery containers, LV/MV substations, and integrated SCADA and control systems. All battery units will be equipped with proper cooling, ventilation, and fire-prevention systems that meet current safety standards, ensuring stable and secure operation.

Construction activities for the solar power plant will cover site preparation and leveling, the development of an access road and internal gravel paths, and the installation of the photovoltaic modules on supporting structures. The project will also require the construction of all electrical infrastructure, including low-voltage and medium-voltage cable networks, string inverters, substations, grounding systems, and control and monitoring equipment. To ensure safety and protect the facility, the entire plant area will be enclosed with perimeter fencing and monitored with video-surveillance systems.

All BESS equipment will be installed within the boundaries of the solar power plant, close to the internal Sukošan substation. Access to this area will be provided through the internal road network designed as part of the plant’s layout, ensuring smooth operation and maintenance. A location permit has already been granted, and the building permit is expected during the second quarter of 2026. The project is projected to achieve ready-to-build status in the final quarter of 2026.

Financing for SPP Sukošan is planned with the support of the European Bank for Reconstruction and Development (EBRD), and all procurement activities will follow the EBRD’s established rules and policies. Once completed, the Sukošan Solar Power Plant will significantly expand Croatia’s renewable-energy capacity. It will contribute to the country’s energy-transition goals, enhance the security of electricity supply, and support the broader shift toward sustainable and resilient energy systems across the region.

Jakson Green Signs $465 Million Green Ammonia Supply Agreement with SECI Under National Green Hydrogen Mission

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6th April 2026

Jakson Green Limited has signed a Green Ammonia Purchase Agreement (GAPA) with Solar Energy Corporation of India for the supply of green ammonia under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Programme, part of the National Green Hydrogen Mission.

The agreement pertains to the supply of green ammonia to Coromandel International Limited at its facility in Kakinada. The contract is estimated to be valued at approximately $465 million over its duration.

The development follows the Letter of Award (LoA) received by Jakson Green and its consortium from SECI in August 2025, secured through a competitive bidding process under the SIGHT Programme. The initiative is India’s first procurement mechanism aimed at incentivizing the production of green hydrogen and green ammonia while improving cost competitiveness.

The agreement is expected to support the decarbonization of the fertilizer value chain by enabling the use of green ammonia, while contributing to India’s broader objective of establishing itself as a global hub for green hydrogen and its derivatives.

According to Bikesh Ogra, the agreement reflects the company’s commitment to developing scalable and future-ready clean energy solutions, while supporting the national agenda of energy transition and domestic capability building.

In addition to this agreement, Jakson Green is expanding its footprint in the green hydrogen and sustainable fuels segment. Through its associate, the company is currently developing two green hydrogen projects with capacities of 5,000 tonnes per annum each for Bharat Petroleum Corporation Limited and Hindustan Petroleum Corporation Limited.

The company is also executing EPC projects in the green molecules segment for a public sector undertaking, involving integrated facilities for ethanol, carbon capture, and hydrogen, with respective capacities of 10 TPD, 25 TPD, and 3 TPD.

The agreement marks a significant step in advancing India’s green ammonia ecosystem and strengthening the commercial viability of green hydrogen derivatives under the National Green Hydrogen Mission.

BlueWave Expands Legal Leadership As Becky Limmer Takes On Portfolio Support For Solar, Storage, And Infrastructure Projects

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6th April 2026

BlueWave, a prominent developer, owner, and operator of solar and energy-storage projects in the Northeastern United States, announced that Becky Limmer has been appointed General Counsel. With nearly twenty years of experience in federal leadership and private-sector clean-energy development, she will oversee all legal matters for the company, supporting its growing solar and storage portfolio, asset-ownership activities, and overall operations.

Ms. Limmer joins BlueWave with a strong background in clean-energy finance, regulatory guidance, and high-level legal strategy. Before joining the company, she served as Chief Counsel for the United States Department of Energy Loan Programs Office, where she advised senior federal officials and helped guide the strategic direction of a portfolio exceeding $100 billion in clean-energy project commitments.

Her work included leading a legal team that supported innovative financing structures for solar, storage, transmission, advanced manufacturing, and other essential energy technologies. Earlier in her career, she held senior positions at Winston & Strawn LLP and Norton Rose Fulbright LLP, as well as serving as in-house counsel at First Solar, Inc.. In her new role at BlueWave, she will work closely with the executive leadership team to strengthen corporate governance, support complex transactions, and ensure compliance across all areas of the company’s expanding portfolio.

Sean Finnerty, Chief Executive Officer of BlueWave, stated that the company will benefit significantly from Ms. Limmer’s depth of experience in clean-energy financing and regulatory environments. According to Finnerty, her proven leadership and familiarity with highly regulated sectors will reinforce the company’s legal capabilities and support its long-term development strategy. He noted that BlueWave’s continued growth requires strong legal oversight, and Ms. Limmer’s background positions her well to guide the company through increasingly complex projects and partnerships.

Ms. Limmer expressed enthusiasm about joining an organization known for building impactful solar and storage projects across the region. She noted that BlueWave has established a strong reputation for combining disciplined project development with a clear mission to benefit communities. She looks forward to contributing to the company’s ongoing efforts to expand its portfolio and deliver projects that enhance the nation’s clean-energy infrastructure.

Her academic background includes a Juris Doctor degree from the University of Virginia School of Law and a Bachelor’s degree in Business Administration from Washington and Lee University, providing a strong foundation for her work at the intersection of energy, law, and large-scale project development.

Adani Green Energy Surges 8% Amid Record Derivatives Activity, Investors Show Strong Accumulation

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6th April 2026

Adani Green Energy Ltd (ADANIGREEN) witnessed a significant surge in market activity on April 6, 2026, as both its stock price and derivatives segment “open interest” spiked sharply. Open interest, which reflects the total number of unsettled derivative contracts, rose by more than 10%, signaling that investors are actively taking new positions in the company.

The stock mirrored this enthusiasm, closing at ₹924 after touching an intraday high of ₹926.70, marking an 8.26% gain in a single session. This extended a three-day winning streak during which the stock rose by 14.63% cumulatively. The performance outpaced both the broader Power sector and the Sensex index, which saw only modest gains over the same period.

Trading volume also surged, particularly delivery volume, which increased nearly 400% compared to recent averages. This indicates genuine investor accumulation rather than short-term speculative trades. From a technical standpoint, Adani Green Energy is showing short-term strength, trading above its 5-day, 20-day, and 50-day moving averages. However, the stock remains below its 100-day and 200-day averages, suggesting it is still facing longer-term consolidation.

Despite the strong momentum, some analysts remain cautious. This continues to rate the stock as a “Strong Sell,” citing concerns about valuation and potential sector risks. While the company’s renewable energy focus positions it well in a green economy, the gap between its current price movement and fundamental assessment suggests caution.

For investors, the activity indicates a bullish sentiment, with many anticipating further price gains. Traders are particularly active in the derivatives market, ensuring liquidity, but long-term investors are advised to monitor upcoming financial results before making major investment decisions. The sharp rise in Adani Green Energy highlights both the excitement and volatility that can exist in large-cap power stocks, emphasizing the importance of careful evaluation alongside market momentum.

Mona Power Gains Industry Attention As Liam Mona Promotes Long-Term Savings And Clean Energy Adoption

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6th April 2026

Liam Mona serves as the President and Managing Partner of Mona Power, a fast-growing solar energy company that provides residential and commercial solar systems as well as electric-vehicle charging solutions across the United States. In this role, he oversees the overall direction of the company and leads its expansion into new markets and technologies within the renewable energy sector.

In describing his leadership philosophy, Liam Mona explains that the company is built on a foundation of strong training and disciplined execution. He believes that success in the solar industry requires consistent performance and a commitment to excellence, and this mindset has shaped the culture of Mona Power. As he puts it, the company focuses on developing top performers rather than settling for average outcomes, ensuring that teams deliver high-quality results for every customer.

Liam Mona’s reputation in the renewable energy space comes from his dedication to measurable results and his strong work ethic. Over the years, he has guided Mona Power into becoming a trusted name among homeowners and businesses looking for reliable solar solutions. His leadership emphasizes customer satisfaction, continuous innovation, and long-term cost savings, helping clients transition to cleaner and more affordable sources of energy. By prioritizing responsiveness, technical precision, and transparency, he has earned the confidence of customers nationwide.

Under his direction, Mona Power has expanded its operations across the country, offering advanced solar installations and modern energy-efficiency technologies. The company has also strengthened its presence in the electric-vehicle infrastructure market by providing dependable EV charging solutions. This broadening of services reflects Liam Mona’s ability to identify emerging industry needs and ensure the company can meet them with strong operational capabilities.

Liam Mona is widely recognized for his experience in solar sales, business development, and organizational scaling. His ability to build high-performing teams and create sustainable growth strategies has helped position him as an influential figure within the solar industry. Through training programs, improved operational systems, and a focus on long-term value, he continues to guide the company in shaping a more accessible and dependable clean-energy landscape.

As President of Mona Power, Liam Mona remains focused on expanding the company’s impact, setting higher standards for service quality, and strengthening its role as a leader in solar and EV infrastructure. His forward-looking approach and dedication to performance continue to drive the company’s growth and support its mission to provide reliable, sustainable energy solutions for communities across the United States.

Pasig City Commits To 100% Renewable Energy Through Deal With ACEN Renewable Energy Solutions

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6th April 2026

photography of electric tower during sunset — Representational image. Credit: Canva

Pasig City has taken a major step toward sustainability by signing a long-term agreement with ACEN Renewable Energy Solutions to shift its electricity supply entirely to renewable sources. The partnership was formalized under the Green Energy Option Program, a government initiative that allows large electricity users to choose clean energy over conventional fossil fuel-based power.

Under the agreement, ACEN will supply renewable electricity to several government buildings and public facilities across the city. This transition means that Pasig’s local government operations will now rely on clean energy generated from sources such as solar, wind, and geothermal power instead of coal or natural gas. The move is expected to significantly cut the city’s carbon emissions while supporting the Philippines’ broader efforts to expand its renewable energy share.

City officials highlighted that the initiative goes beyond environmental benefits. It also reflects Pasig’s commitment to leading by example in urban sustainability. By becoming one of the few local government units in the country to adopt 100 percent renewable energy for its operations, Pasig City is setting a benchmark for other cities to follow. Officials added that the shift will also help provide more stable electricity costs, reducing exposure to fluctuations linked to imported fossil fuels.

For ACEN, the deal strengthens its position as a key player in the renewable energy sector in the Philippines. As part of the Ayala Group, the company has been rapidly expanding its clean energy portfolio across the region. This partnership demonstrates the increasing demand for renewable energy not only from private companies but also from public institutions.

The initiative reflects a growing awareness of climate challenges and the need for local governments to take concrete action. By transitioning to renewable energy, Pasig City moves closer to its goal of becoming a greener and more resilient urban center. The collaboration is expected to encourage similar efforts across other cities in the Philippines, showing that large urban areas can successfully adopt sustainable energy solutions.

Zeo Energy Signs MOU With Creekstone Energy to Develop 280 MW Of Baseload Power & Storage And Reports Steady Q4 Revenue & Improved Margin Despite A Challenging 2025

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6th April 2026

Zeo Energy Corp., listed on the Nasdaq under the ticker ZEO, announced its financial results for the fourth quarter and full year ending December 31, 2025. The company, which provides residential solar systems and long-duration energy-storage solutions for commercial customers, shared an overview of its performance, key developments, and expectations for the year ahead. During the fourth quarter, Zeo Energy generated revenue of $18.6 million, matching the revenue from the same period in the previous year. The company also reported an improvement in gross margin, which rose to 43.5 percent compared with 43.0 percent last year.

In addition to its financial performance, Zeo Energy signed a memorandum of understanding on February 18, 2026, with Creekstone Energy to work together on developing approximately 280 megawatts of baseload power generation and long-duration storage. This project is aimed at supporting Creekstone’s data center currently being built in Millard County, Utah, and represents a step forward in Zeo Energy’s efforts to expand its presence in large-scale commercial applications.

CEO Tim Bridgewater commented that 2025 was a challenging year, yet the company managed to maintain steady revenue while keeping core operating costs under control. He explained that Zeo Energy remains well positioned to benefit from the shifts taking place in the residential solar market, especially in regions with low adoption rates that present strong growth potential. Bridgewater stated that the company expects a meaningful increase in its residential solar business during 2026.

The goal is to see growth similar to what Zeo experienced in the third quarter of 2025, before unfavorable weather slowed installation work toward the end of the year. He added that Adjusted EBITDA margins are expected to return to mid-to-high single-digit levels as operating conditions stabilize. Zeo is also focusing on entering new geographic markets, including Virginia, while continuing to attract strong sales talent that can help the company compete effectively and support future expansion.

Bridgewater also noted the growing importance of the company’s commercial strategy. Zeo Energy’s acquisition of Heliogen in 2025 has created opportunities to expand beyond residential installations and move into the large commercial and industrial market. This acquisition has already begun producing results, as shown by the recently signed MOU with Creekstone Energy. The agreement opens the door for Zeo to explore supplying clean, reliable energy to Creekstone’s gigasite facility, which is being designed for cloud computing and artificial intelligence operations.

The company is currently in discussions with several potential commercial clients, including data centers seeking large-scale energy solutions that use Heliogen’s photovoltaic solar technology and long-duration storage systems. Bridgewater added that Zeo will continue to evaluate other potential acquisitions in 2026 that complement its technology and market strategy. In its fourth-quarter financial breakdown, Zeo reported revenue of $18.6 million, the same as in the fourth quarter of 2024.

However, installation activity was affected by severe weather conditions in important markets, which led to delays in deploying residential solar systems. Gross profit decreased significantly to $2.1 million, or 11.3 percent of total revenue, compared to $8.3 million or 44.6 percent in the prior-year quarter. This decline was mainly due to higher labor costs and increased expenses for domestic-content materials needed to help customers qualify for tax incentives.

As a result, the company posted a net loss of $1.8 million in the fourth quarter. This compares with a net loss of $1.1 million in the same period of 2024 and was driven by the drop in gross profit and higher expenses connected to working with financing partners. Adjusted EBITDA for the quarter fell to negative $1.4 million, compared to positive $3.9 million one year earlier, with the decline linked to rising labor and materials costs.

For the full year 2025, Zeo Energy recorded total revenue of $69.3 million, reflecting a 5 percent decrease from the $73.2 million reported in 2024. The company attributed the decline primarily to a difficult selling environment caused by shifts in tax policies and changes in financing options available to homeowners.

Zeo also experienced higher expenses in 2025 due to the costs associated with servicing the customers and active leases acquired from Lumio, in addition to increased labor and personnel expenses related to the Heliogen acquisition. Management noted that these higher costs are expected to be absorbed more efficiently in 2026 as the company benefits from rising revenue and greater operational centralization in its main markets.

Full-year gross profit was reported at $30.2 million, or 43.6 percent of total revenue, compared to $31.5 million and 43.0 percent of revenue in 2024. The change in gross margin was influenced by factors related to cost of goods sold, including the accounting impact of deferred revenue that had affected 2024 results but did not carry over into 2025. Net loss increased to $19.6 million for 2025, compared to a net loss of $9.9 million in the prior year.

This was largely due to $8 million in amortization expenses tied to the November 2024 acquisition of Lumio, along with lower revenue overall. Additional expenses included higher incentive stock compensation, costs related to the Heliogen and Lumio acquisitions, and a one-time bad debt charge of $3.2 million after a financing partner declared bankruptcy. Adjusted EBITDA for the full year fell to negative $3.3 million, down from positive $4.0 million in 2024. The decline was primarily caused by lower overall revenue and the $3.2 million bad-debt expense linked to the bankruptcy of a customer.

Gia Lai Emerges As Renewable Energy Hub With $430 Million Wind And Solar Investments In Vietnam

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6th April 2026

Gia Lai Province in Vietnam is emerging as a key renewable energy hub, as nine new wind and solar projects have recently secured strong investor interest. These projects represent a total planned investment of around VND11.35 trillion (approximately $430 million), highlighting the region’s growing importance in the country’s clean energy transition.

Local authorities have officially approved the investment registrations for all nine projects, which are primarily located in the western part of the province. Construction is expected to begin as early as September this year, with project developers targeting commercial operations by December next year. This relatively fast timeline reflects both investor confidence and the urgency of expanding renewable energy capacity in the country.

A major share of these developments will be led by a consortium that includes EMI Investment JSC, Nhon Hoa 1 Wind Electricity JSC, and Nhon Hoa 2 Energy JSC. The group has been selected to implement five of the nine projects, accounting for investments exceeding $250 million. Their portfolio includes three solar plants—Nhon Hoa 1, Nhon Hoa 1A, and Nhon Hoa 2—as well as two wind power projects, Nhon Hoa 3 and Nhon Hoa 4. These facilities will be developed across large land areas in Ia Le and Chu Puh communes and are expected to deliver substantial generation capacity.

In addition to this consortium, Tay Nguyen Power Development JSC will develop the Ia Ko 1 and Ia Ko 2 wind farms, which together will add 84 MW of capacity. Other projects, including the An Thanh Gia Lai wind farm and the Ia Rsuom – Bitexco – ToNa solar plant, will further strengthen the province’s renewable energy portfolio.

The surge in investment is largely driven by Gia Lai’s natural advantages, including strong wind resources and high solar radiation levels, making it an ideal location for clean energy generation. The province is increasingly positioning itself as a destination for green investments, attracting attention from major domestic players. Notably, VinEnergo Energy JSC, part of Vingroup, has also shown interest in developing large-scale wind projects in the region, with potential investments exceeding $2 billion.

These developments form part of Vietnam’s broader strategy to reduce reliance on fossil fuels and expand its renewable energy capacity. Once operational, the projects are expected to supply clean electricity to the national grid while also boosting the local economy through job creation and infrastructure growth.

Roofsol Energy Signs 2 MWp OPEX Solar PPA with Whirlpool India

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6th April 2026

Roofsol Energy Pvt Ltd has signed a 2 MWp power purchase agreement (PPA) under the OPEX model with Whirlpool of India Ltd for its manufacturing facility.

The agreement marks Whirlpool India’s continued efforts to integrate sustainable energy solutions into its operations, reinforcing its commitment to reducing carbon emissions and improving energy efficiency.

Under the agreement, the solar project is expected to generate approximately 3–3.5 million units of green electricity annually. The installation is also projected to offset nearly 2,500–3,000 tonnes of carbon dioxide emissions each year, contributing to a lower carbon footprint for the facility.

The project will be developed under the OPEX model, enabling the company to adopt solar energy without upfront capital investment, while benefiting from long-term cost savings and operational efficiency.

The partnership reflects the growing adoption of renewable energy solutions among industrial players in India, particularly as companies seek to align with sustainability goals and manage rising energy costs.

Malaysia’s Solar Surge Hits Record Capacity Amid Renewable Energy Push

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6th April 2026

alternative alternative energy close up electricity — Representational image. Credit: Canva

Malaysia’s solar energy sector is witnessing remarkable growth, reaching record-breaking capacity as the country accelerates its transition toward renewable energy. This surge reflects a combination of strong government support, rising private investment, and an increasing national focus on sustainability, positioning Malaysia as a key player in Southeast Asia’s clean energy landscape.

A major driver behind this expansion is the government’s proactive approach to promoting green energy. Initiatives like the Net Energy Metering (NEM) scheme have enabled households and businesses to generate their own electricity and sell surplus power back to the grid. This has made solar installations more financially appealing and encouraged wider adoption across the country. At the same time, large-scale solar (LSS) auctions have attracted major developers, resulting in the development of utility-scale solar projects that significantly contribute to Malaysia’s energy supply.

Falling costs of solar technology have also played a crucial role. The global decline in prices of photovoltaic panels and battery storage systems has made solar power increasingly competitive with conventional energy sources. For many businesses, adopting solar energy is now both an environmentally responsible decision and a cost-effective strategy, offering long-term savings and protection against fluctuating fuel prices.

Advancements in technology and infrastructure are further supporting the sector’s rapid growth. The integration of smart grid systems and improved energy storage solutions is helping address the intermittent nature of solar power. These developments ensure grid stability while allowing for a higher share of renewable energy in the national electricity mix.

The solar boom is also delivering broader economic benefits. It is creating job opportunities across manufacturing, installation, and maintenance, while enabling local companies to participate in the global renewable energy supply chain. This growth is strengthening Malaysia’s industrial capabilities and boosting its economic prospects.

Despite this progress, challenges such as land constraints and the need for continued grid upgrades remain. However, the current momentum indicates that Malaysia is on track to achieve its long-term renewable energy targets, with solar power playing a central role in shaping a cleaner and more sustainable energy future.

Uplight Announces Leadership Transition Following Strategic Investment From Octopus Energy Group And Schneider Electric

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6th April 2026

Uplight has announced a significant update to its executive leadership team following a recent strategic investment from the Octopus Energy Group and Schneider Electric. These changes are designed to guide the company into its next phase of growth and strengthen its role in the clean energy technology sector.

Luis D’Acosta, who has served as Uplight’s Chief Executive Officer for the last three years, will step down from his position on March 31. He will be moving into a new role as President of Schneider Electric Mexico & Central America. Beginning April 1, Hannah Bascom, currently serving as Chief Growth Officer at Uplight, will assume the role of General Manager. Once the strategic investment officially closes, a member of the executive team from Octopus Energy Group will be appointed as the new CEO of Uplight.

Alongside these leadership changes, Uplight has appointed Estelle Monod as the Executive Chair of its Board of Directors. Monod is a senior leader within Schneider Electric, bringing more than two decades of experience in mergers and acquisitions, strategic planning, and operational leadership. She has been part of Uplight’s Board for the past two years, providing key support on business strategy and acquisition efforts.

Monod expressed her appreciation for D’Acosta’s leadership during a period of major evolution for the company. She pointed out his work in bringing Uplight’s technology platforms together and integrating the flexibility management capabilities acquired through the purchase of AutoGrid. She also noted his steady guidance during negotiations for the most recent strategic investment and emphasized that Schneider Electric is pleased he will continue to contribute within its broader network.

D’Acosta shared his gratitude and pride in Uplight’s accomplishments during his tenure. He highlighted the progress the company has made in expanding its flexibility management offerings and securing the strong backing of Octopus Energy Group and Schneider Electric. He expressed confidence in the team that will continue leading the company, noting that Bascom, the existing leadership team, and Uplight employees are well prepared to guide the company forward.

As the incoming General Manager, Bascom will oversee day-to-day operations at Uplight. She brings more than 15 years of experience in clean energy, utility operations, and demand-side technology. Before entering the technology space, she led major energy efficiency programs at Pacific Gas and Electric Company (PG&E). She later joined Google, where she managed global energy partnerships. Her work with Uplight over several years has also enabled her to build strong relationships with utilities and partners, giving her a practical understanding of the challenges they face and the innovations needed to support them.

Bascom emphasized that Uplight’s mission is becoming increasingly important as utilities try to manage rising energy demand, concerns about affordability, and the need for a more resilient power grid. With the support of Octopus Energy Group and Schneider Electric, Uplight plans to accelerate progress on its Demand Stack innovation. She expressed enthusiasm for leading the team as they work toward ambitious goals for 2026, focusing on delivering dependable results, meaningful outcomes, and ongoing innovation for clients.

GCC-Stat Report Highlights 88% Solar Growth, Rising Climate Resilience and Net-Zero Targets Across Gulf Nations

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6th April 2026

The Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf has reported significant progress in renewable energy deployment and climate resilience across Gulf countries, according to its Climate Statistics 2024 report.

The report indicates notable changes in regional climate patterns, with rainfall levels in 2024 rising by 49.4% compared to the long-term average between 1980 and 2010. Temperature data collected from 23 monitoring stations across GCC countries showed relative stability, with maximum temperatures remaining below 49°C between 2012 and 2024, without extreme spikes.

Renewable energy capacity witnessed substantial growth, particularly in the solar sector. Installed solar power capacity recorded an average annual growth rate of 88.1% between 2013 and 2024. Electricity generation from solar energy increased significantly, rising from 0.13 thousand GWh in 2013 to 23.5 thousand GWh in 2023.

Wind energy capacity also expanded during the period, growing from 4.8 MW in 2015 to 567 MW in 2024, reflecting broader diversification in renewable energy sources across the region.

The report further noted that all GCC countries have implemented advanced early warning systems using mobile cell broadcast technology to enhance preparedness and response to extreme weather events. Climate change and adaptation topics have also been integrated into national education curricula to strengthen long-term awareness and resilience.

At the international level, GCC countries have collectively submitted 16 reports to the United Nations Framework Convention on Climate Change as of November 2025, demonstrating ongoing engagement with global climate frameworks.

The countries have also outlined ambitious net-zero emission targets, with timelines set for 2050 by the United Arab Emirates, Oman, and Kuwait (in the oil and gas sector), and 2060 targets for the Saudi Arabia, Bahrain, and remaining sectors in Kuwait.

The report also highlighted strong trade linkages, with China accounting for 99.4% of photovoltaic cell imports into GCC countries in 2024, valued at approximately $2.4 billion, underscoring its role as a key supplier of clean energy technologies.

Overall, the findings reflect the region’s growing focus on sustainable development, environmental protection, and international collaboration in addressing climate change challenges.

ACWA Power Faces Dispatch Restrictions At Key Saudi Solar Projects Amid Grid Stability Concerns

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6th April 2026

alternative energy building clouds energy — Representational image. Credit: Canva

ACWA Power has reported temporary operational challenges at two of its major solar independent power producer (IPP) projects in Saudi Arabia due to dispatch restrictions imposed by the national grid operator. The curbs were introduced after concerns emerged over reactive power fluctuations, a technical issue that can affect grid stability and reliability.

The affected projects include the Al Kahfah solar plant, with a capacity of 1,425 MW, and the larger 2,000 MW Ar Rass 2 facility. Al Kahfah began commercial operations in late 2025 but faced restrictions from December. Although partial dispatch was allowed from February 2026, the plant continues to operate below full capacity. This has resulted in a revenue dispute estimated at around SAR 95 million (approximately $25.3 million).

Similarly, Ar Rass 2, which received its commercial operation certificate in September 2025, encountered dispatch limitations starting mid-January 2026. Since March, the project has only been permitted partial operations, leading to an estimated financial impact of SAR 73 million.

In response, the project entities have formally contested the grid operator’s findings. The company has initiated detailed technical evaluations to confirm that its systems meet all required operational standards. To ensure objectivity, independent third-party experts have also been engaged to assess plant performance and grid interaction.

At the same time, ACWA Power is maintaining an active dialogue with Saudi authorities to resolve the issue and restore full operations. Meanwhile, the company is safeguarding its revenues by issuing “deemed energy” invoices, allowing it to claim compensation for electricity it could have generated but was unable to supply due to imposed restrictions.

The situation highlights the growing technical complexities associated with integrating large-scale renewable energy projects into national grids, particularly as countries accelerate their clean energy transitions.

Fest Group (Feston SEV Pvt. Ltd.) Enters BESS Segment, Sets Up 3 GWh Manufacturing Capacity

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6th April 2026

Feston SEV Pvt. Ltd., a solar inverter and power electronics company under FestGroup, has entered the Battery Energy Storage Systems (BESS) segment, expanding its portfolio into integrated solar, storage and power‑electronics solutions.

The company has initiated its BESS manufacturing journey with a planned 3 GWh annual production capacity and a product portfolio ranging from 5 kWh residential systems to 5 MWh containerised solutions for commercial and industrial applications.

The move comes as India’s solar market transitions from capacity-led growth to energy management-driven demand. While solar installations have scaled rapidly, the intermittent nature of generation and the growing impact of time-of-day tariffs are increasing the need for storage-backed solutions.

Across both the commercial and industrial (C&I) and residential segments, energy users are increasingly looking for systems that can align generation with consumption and ensure more predictable power availability.

As part of its entry into the segment, Feston has signed a Memorandum of Understanding (MoU) with Light Mechanics Private Limited for the design, supply and commissioning of a prismatic battery pack assembly line. The facility is expected to strengthen the company’s manufacturing and integration capabilities in the BESS space.

The development reflects a broader industry trend, where inverters are evolving from conversion devices into control systems managing energy flows between solar, storage and the grid. This shift is driving demand for integrated offerings that combine generation, storage and power electronics within a single system architecture.

Commenting on the development, Sampath Kumar, CEO of Fest Group (Feston SEV Pvt. Ltd.), said:

“The requirement today is moving beyond generation to how energy is managed across time. Across both C&I and residential segments, storage is becoming central to improving reliability and aligning energy usage with demand.”

Industry analysts expect India’s storage market to see accelerated growth, driven by policy push, round‑the‑clock clean energy tenders, and rising adoption across industrial and distributed segments.

Fest Group’s (Feston SEV Pvt. Ltd.) entry into BESS positions it to participate in this next phase of the energy transition, where system-level integration is expected to play a defining role.

PM KUSUM Project Deadlines Extended Amid Financing Challenges, Transition To KUSUM 2.0 Planned

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6th April 2026

The Ministry of New and Renewable Energy (MNRE) has announced an extension of timelines for the financial closure and completion of projects under the PM KUSUM scheme, following requests from multiple stakeholders. Developers and state agencies had raised concerns over delays, particularly as banks and financial institutions were hesitant to extend loans within the existing deadline ending March 31, 2026.

Addressing the issue, the Ministry took up the matter with the Department of Expenditure (DoE). The DoE clarified that the committed liabilities under the current PM KUSUM scheme will be carried forward into the proposed PM KUSUM 2.0, which is currently under consideration.

In the interim, states have been advised to actively coordinate with banks and financial institutions to facilitate loan approvals and ensure financial closure of projects even beyond the earlier deadline. This move is expected to provide relief to developers facing funding constraints.

Furthermore, the Ministry has approved an extension for project completion timelines. Projects for which Power Purchase Agreements (PPAs) or Notices to Proceed (NTPs) were signed or issued on or before December 31, 2025, will now be allowed to complete execution until March 31, 2027.

The decision has been taken with the approval of the Minister for New and Renewable Energy, providing a significant boost to ongoing solar initiatives under the scheme.

STANLIB Secures R5 Billion First Close For Khanyisa Energy Transition Fund In South Africa

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6th April 2026

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STANLIB Asset Management, a key division of Standard Bank Group, has achieved the first close of its Khanyisa Energy Transition Fund, raising R5 billion (around $282 million) as of March 2026. This development highlights growing financial support for South Africa’s transition toward a cleaner and more sustainable energy system.

The initial funding for the Khanyisa Energy Transition Fund was secured through seed investments from Standard Bank Group and Liberty Holdings. This early backing reflects strong confidence from major financial institutions in the long-term potential of energy transition projects. The fund is designed to connect large-scale investors with infrastructure opportunities that support the country’s shift away from fossil fuels.

The main focus of the fund is to promote a “just energy transition.” This approach ensures that investments not only help reduce carbon emissions but also support economic stability and social development. The fund has already built a solid base with 14 operational renewable energy projects developed under South Africa’s Renewable Energy Independent Power Producer Procurement Programme. These projects provide reliable returns and demonstrate the viability of renewable energy investments in the region.

Looking ahead, STANLIB plans to significantly expand the fund. The target is to grow the Khanyisa Energy Transition Fund to R18 billion over the next three to five years. To achieve this, the company is actively engaging with institutional investors such as retirement funds, insurance companies, and development finance institutions. These investors are increasingly interested in opportunities that combine stable financial returns with positive environmental impact.

The investment strategy of the fund goes beyond traditional renewable energy. While solar and wind projects remain important, the fund will also invest in newer areas such as decentralized energy systems, green hydrogen, and electric mobility infrastructure. This diversified approach is aimed at addressing different aspects of South Africa’s energy challenges while supporting innovation in emerging technologies.

This initiative comes at an important time for South Africa, as the country works to modernize its power sector and reduce its dependence on coal-based energy. By launching and expanding the Khanyisa Energy Transition Fund, STANLIB is positioning itself as a key player in driving the country’s energy transition. The fund is expected to help channel much-needed capital into critical infrastructure projects, contributing to a cleaner, more resilient, and sustainable energy future for South Africa.

Zambia Launches 300 MW Solar Plus Storage Program With Carbon Credit Incentives

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6th April 2026

Zambia has launched a major initiative to develop 300 MW of solar power projects combined with battery energy storage, marking a strong step toward a cleaner and more reliable energy system. This effort is being carried out in partnership with Norway under Paris Agreement Article 6, which allows countries to collaborate on climate goals through carbon credit trading.

At the center of this initiative is a new financial model called the “Carbon Feed-In Premium.” This mechanism is designed to attract private investment in renewable energy by offering a fixed and guaranteed payment for carbon credits generated by projects for at least ten years. This payment acts as an additional income source alongside revenue from electricity sales, helping developers overcome financial risks and making projects more viable.

A key requirement for all proposed projects is the integration of Battery Energy Storage Systems (BESS). Each solar project must include a storage capacity of at least 30 minutes. This is important for maintaining grid stability and ensuring power supply even when solar generation is low. The addition of storage will also help the country reduce its reliance on hydroelectric power, which is often affected by drought conditions, and on coal-based energy.

To qualify for the program, developers must show that their projects are at an advanced stage but have not yet begun construction. They must also prove that there is a financing gap, meaning the project cannot move forward without the support of carbon credit payments. In addition, projects must meet international environmental and social standards and contribute to national goals such as reducing emissions and creating local employment.

The application process is currently open and will close on May 31, 2026. After that, proposals will be reviewed between July and August. Selected developers will then sign agreements with ZANACO, which will manage the carbon finance payments.

This initiative highlights Zambia’s efforts to use international climate finance to strengthen energy security and accelerate its transition to a more sustainable energy future.

PPC Commissions 20 MW Solar Plants To Power Cement Operations In South Africa

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6th April 2026

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PPC Ltd has started operations at two new solar power plants in South Africa, marking an important step toward cleaner and more sustainable manufacturing in the cement industry. The plants are located at PPC’s Slurry facility in the North West province and the Dwaalboom plant in Limpopo.

The projects were developed in partnership with Sturdee Energy and together have a total capacity of 20 megawatts. Each site contributes 10 megawatts and has reached its Commercial Operation Date, which means both plants are now fully operational and supplying stable solar power directly to PPC’s cement manufacturing units.

A key feature of these solar plants is their “behind-the-meter” design. This means the electricity generated is used directly at the factory sites instead of being sent to the national grid. This approach helps PPC reduce its dependence on Eskom, which has faced challenges such as power shortages and load-shedding. By generating its own electricity, the company can ensure a more reliable and consistent energy supply for its operations.

The solar plants also use advanced bifacial solar panels that can capture sunlight from both sides, increasing overall power generation. In addition, the panels are installed on single-axis tracking systems that follow the movement of the sun throughout the day. This improves efficiency and allows the plants to produce more energy from morning to evening.

The environmental benefits of these projects are significant. The two solar plants are expected to reduce PPC’s carbon emissions by more than 50,000 tonnes of carbon dioxide each year. This supports the company’s efforts to lower its environmental impact and move toward cleaner cement production.

The initiative reflects a growing trend among commercial and industrial companies in South Africa to invest in renewable energy solutions. Businesses are increasingly looking to reduce energy costs and improve reliability by generating their own power. PPC is also planning additional renewable projects, including a future energy wheeling arrangement that will allow solar power to be supplied to multiple locations across its operations.

ANEEL Grants First Authorization for Co-Located Energy Storage System at Sol de Brotas 7 Solar Plant in Brazil

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6th April 2026