Solar and storage developers face a sharp increase in equipment procurement costs from Q4 2025 onwards due to Chinese government policy changes and supply-side production cuts, which are bringing an end to the era of low prices that have characterized the market for the.
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In 2025, the field of renewable energy is set to witness transformative changes, particularly through innovative designs in solar container technology. These portable solar solutions are being reimagined to enhance efficiency and accessibility.
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NVVN launched the tender for this project in February 2025 and concluded the bidding five months later, with Sunsure Energy winning half the capacity at ₹6. The procurement exercise has attracted 50 battery energy storage companies but only seven have emerged as winners.
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The Naval Facilities Engineering Command has awarded a contract to Granite Construction and Obayashi Corp. to build out battery energy storage system (BESS) capacity and microgrid capabilities at Polaris Point, Guam. The contract is worth approximately $97 million.
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