The Asian Infrastructure Investment Bank (AIIB) is expected to provide a USD 200 million loan to support energy transition, electricity market reforms, and water sector improvements in the Philippines under a broader World Bank-led financing package. The proposed financing forms part of the Philippines Energy Transition and Climate Resilience Program and will complement a USD…
Indonesia has identified 24,000 hectares of land on Java Island for a planned 100 GW solar power expansion programme estimated to require investments of around USD 71.3 billion, according to a report by the Indonesian News Agency. The land identification exercise is being led jointly by the Ministry of Energy and Mineral Resources and the…
Indonesian state-owned electric utility company PLN has launched a tender for the 1,225 MW Mentari Nusantara I solar power project, which will be developed across multiple regions of Indonesia. The procurement process began on April 30 under an integrated tender scheme called ‘Giga One’, with the projects targeted to begin commercial operations in 2029. The…
The Power Foundation of India (PFI), a not-for-profit society under the Ministry of Power, has released a Report on Rating Regulatory Performance of States and Union Territories, prepared in collaboration with REC Ltd. The report covers 36 states and union territories and scores them on a 100-point scale across five broad parameters: resource adequacy, financial…
India will require cumulative power sector investment of $14.23 trillion (approximately Rs 1,200 lakh crore) and up to 5.92 million hectares of land by 2070 to achieve net-zero emissions, according to reports released by NITI Aayog. The studies project a sharp rise in electricity demand, large-scale renewable expansion, and significant social, land, water, and workforce…
The Global Energy Alliance for People and Planet (GEAPP) has launched the India Grids of the Future Accelerator at Mumbai Climate Week 2026, committing up to $25 million to modernise power distribution infrastructure. The platform aims to help utilities integrate renewable energy and storage while preparing grids for rising electricity demand. GEAPP signed memoranda of…
Adani Power Limited has incorporated Adani Atomic Energy Limited as a wholly owned subsidiary on February 11, 2026, marking its formal entry into the nuclear energy segment. Adani Atomic Energy has been registered in India with a mandate to generate, transmit, and distribute electricity derived from nuclear and atomic energy sources. According to the exchange…
Researchers at Germany’s Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) are developing the first medium voltage photovoltaic power plants. The initiative aims to lower material use, reduce costs, and streamline the deployment of large-scale solar projects, particularly in areas with grid constraints. Two pilot plants, each with a capacity of 135 kW, will be…
Indian Oil Corporation Ltd. (IOC) has outlined plans to invest around Rs 1 lakh crore to build an 18 GW green energy portfolio by 2030. The state-owned refiner aims to acquire up to 12 GW of renewable energy capacity and develop another 6 GW organically. Its green energy subsidiary, Terra Clean Ltd., is targeted for…
Noida is now home to India’s largest dedicated battery energy storage system (BESS) production plant, following the commissioning of GoodEnough Energy’s new 7 GWh capacity gigafactory. The facility represents a capital investment of more than Rs 450 crore and is immediately operational. This initial capacity is part of a broader growth plan, with the company…