Markets

Meralco, the only electric power distributor in Manila, has opened a tender for solar projects to be deployed across a number of its sites. The deadline for applications is Aug. 7.

India is projected to add 30 GW of new energy storage capacity by June 2027 through standalone and firm and dispatchable renewable energy (FDRE) projects, according to a recent report by SBI Capital Markets (SBICAPS). This could potentially push total capacity to 36 GW against 24 GW of estimated demand.

Double Materiality Assessment (DMA) has become a central concept in Environmental, Social, and Governance (ESG) frameworks, especially under recent regulatory initiatives like the EU Corporate Sustainability Reporting Directive (CSRD). While implementation of DMA will only become mandatory for many companies over the next few years, there are already discussions at the EU commission in Brussels about simplifying the process to ease adoption. As an early adopter, Trinasolar shares insights on the purpose and benefits of DMA, makes a strong case for full-scope transparency, and reflects on key learnings from the 2024 DMA matrix rollout.

The quality assurance provider reported India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy maintained their top three spots in the ranking this quarter. The number of companies with healthier Altmann-Z scores stayed the same at nine.

China installed 268 GW of new renewables capacity in the first half of 2025, nearly doubling year on year, with solar accounting for 212 GW of the total, says the nation’s energy planning agency.

Croatia’s solar market continues to grow steadily, led by the self-supply and commercial and industrial (C&I) segments, while regulatory barriers stall utility-scale development.

Waaree Energies has commenced production at its new 1.8 GW solar module factory in western India.

UK energy trader BB Energy has commissioned a 25 MW merchant solar plant in Zambia, marking the first such facility to join the South African Power Pool market. A 35 MW expansion is planned for completion later this year as part of a 118 MW target by 2027.

EUPD Research says the growth of the C&I segment in Europe’s energy storage market is driving new investment opportunities. The Bonn-based research group has explored what this growth means for both manufacturers and investors, as well as how manufacturers are addressing the needs of C&I installers and customers.

Australian Gas Light Co. (AGL) has reached a final investment decision on its 500 MW/2,000 MWh Tomago battery energy storage system (BESS) in Australia. It has selected Fluence as the project’s delivery partner.