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India Proposes Mandatory Energy Storage and Grid-Forming Inverters for New Renewable Projects
India’s Central Electricity Authority has proposed new technical requirements that would require renewable energy projects to incorporate grid-forming inverters and energy storage systems from 2027. The Central Electricity Authority (CEA), under India’s Ministry of Power, has proposed new technical standards aimed at strengthening grid stability and reliability as the country accelerates renewable energy integration. The proposals are included in the Draft Central Electricity


Vena Energy aims for Singapore power imports before 2030, sees huge potential in region
Singapore-based renewable energy developer Vena Energy is targeting a 2026 construction start for a 2GW solar and battery storage project in Indonesia’s Riau Islands, with plans to supply renewable electricity to Singapore before 2030. The large-scale project is expected to cover approximately 2,000–2,200 hectares and will include a subsea power cable connecting Indonesia with Singapore. Construction is planned to be completed in phases by 2032. According to Vena Energy CEO N


Greenvolt Secures €218 Million Financing for 400MW BESS Projects in Poland
Two of Poland’s largest battery energy storage projects, with a combined capacity of 400MW and 1.6GWh, are set to receive €218 million in financing from UniCredit. Renewable energy developer Greenvolt Group has secured a €218 million financing package from European commercial bank UniCredit to support the development of two large-scale battery energy storage system (BESS) projects in Poland. The financing will support Greenvolt Power’s Ełk and Turośń BESS projects, which toge


Germany | BESS may be entering a new era of bankable revenues
Germany’s battery storage market is moving beyond pure merchant revenues. A new grid service is emerging as a potentially significant source of long-term income for BESS: inertia services. Since the beginning of 2026, Germany’s transmission system operators have started procuring the new non-frequency ancillary service known as Momentanreserve. BESS equipped with grid-forming inverter capabilities can potentially provide this service, helping maintain system frequency stabili


Malaysia | Founder Energy targets LSS6 for multi-year solar growth
Malaysia’s latest Large Scale Solar programme is already influencing how local renewable energy companies plan their next phase of growth. Founder Energy Sdn. Bhd., a subsidiary of Founder Group Limited, is actively tendering for projects under Malaysia’s Large Scale Solar 6 (LSS6) programme, positioning the company for potential order book growth through the programme’s targeted commercial operation date in December 2029. LSS6 represents Malaysia’s largest utility-scale sola


Malaysia | Utility-scale BESS moves from policy to project financing
Malaysia’s utility-scale battery storage market has taken another important step forward. Blueleaf Energy and Universal Peak have reached financial close with United Overseas Bank (UOB) for a 100 MW / 400 MWh utility-scale Battery Energy Storage System (BESS) project in Bukit Kayu Hitam, Kedah. The project is being developed under Malaysia’s inaugural MyBeST programme and will now move into construction under a Build-Own-Operate (BOO) model, with commissioning targeted for mi


India’s power demand is surging, but some solar energy is going to waste
India is rapidly expanding its renewable energy capacity, but its power grid is struggling to absorb all the clean electricity being generated. During the peak summer period, electricity demand surged as hotter nights increased air-conditioning use, while some renewable energy producers were instructed to reduce output because the grid could not safely accommodate additional power. Over the past 15 months, India curtailed nearly 11 TWh of solar generation, according to govern


EU approves German capacity mechanism
The European Commission has approved Germany’s new capacity mechanism under EU State aid rules, clearing the way for up to €35.2 billion in state support to strengthen electricity supply security from 2031. The mechanism is designed to support sufficient capacity for power generation, energy storage and demand-side flexibility. Support will be allocated through competitive auctions and will be open to different technologies, including existing and new facilities, storage and
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