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Top Stories Of The Day: PowerHive Launches VION Battery; India Solar Capacity Hits 136 GW and More…

Power Wattz Solar | Off Grid Solar Solutions | Battery Backups > News > Solar > Top Stories Of The Day: PowerHive Launches VION Battery; India Solar Capacity Hits 136 GW and More…
March 12, 2026 joeyxweber No Comments

Vikram Solar’s distributed energy arm PowerHive has launched VION, a new lithium battery brand designed for home backup systems and electric mobility applications. The launch expands PowerHive’s clean energy solutions portfolio while addressing rising demand for reliable storage technologies that support residential energy independence and India’s rapidly growing electric mobility ecosystem.

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Union Minister Pralhad Joshi announced that India’s solar capacity has reached 136 GW, highlighting rapid progress in the country’s renewable expansion. The update also comes as the International Solar Alliance continues to expand global partnerships, strengthening international collaboration to accelerate solar deployment and energy access worldwide.

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The Haryana government has identified 122 MW rooftop solar potential across state government buildings. The initiative aims to promote distributed renewable energy adoption, reduce electricity expenses for public institutions, and contribute to the state’s broader renewable energy capacity targets.

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BESSCO Power and Renergo Developers have formed a joint venture to develop 1 GW of solar projects across India and Nepal. The partnership reflects growing regional collaboration in renewable infrastructure development and is expected to support cross-border clean energy growth.

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Sampann Utpadan has commissioned a 4 MW solar power plant in Gujarat to strengthen energy self-sufficiency and reduce dependence on conventional electricity sources. The project highlights increasing industrial adoption of renewable power solutions as companies pursue sustainability goals.

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Eastman Auto Power has commissioned an 800 MW solar PV manufacturing facility in Haryana, boosting India’s domestic solar manufacturing capacity. The facility will support the country’s push toward supply chain localization and help meet rising demand for solar modules.

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KEC International has secured ₹1,476 crore worth of transmission and distribution orders across India, the Middle East, Africa, and the Americas. The orders strengthen the company’s global infrastructure portfolio while supporting expanding power transmission networks.

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Aerem Solutions has appointed Nilesh Malani as Executive Director to lead its consumer business and e-commerce strategy. The appointment is expected to accelerate the company’s digital expansion and strengthen its presence in India’s growing rooftop solar market.

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Punjab State Power Corporation Limited has issued a tender for 500 MW / 1000 MWh standalone battery energy storage projects in Punjab. The initiative aims to enhance grid stability, support renewable energy integration, and strengthen energy reliability across the state.

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India’s installed solar capacity has crossed 143 GW, reflecting continued momentum in renewable energy deployment. The milestone underscores the country’s accelerating clean energy transition as large-scale solar projects, rooftop installations, and policy support continue to drive capacity growth.

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The Rajasthan Electricity Regulatory Commission has reviewed RVUN’s financial position while setting the tariff framework for FY 2026–27. The process aims to ensure financial stability, efficient power procurement, and balanced tariff structures.

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RERC has approved a ₹0.63 crore SLDC investment plan for FY 2026–27, while rejecting a major grid security proposal in Rajasthan. The decision reflects regulatory scrutiny over grid modernization initiatives and investment priorities.

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Mufin Green Finance Limited has approved the allotment of 2.49 crore equity shares and 76.5 lakh warrants to strengthen its capital base. The move supports the company’s ability to finance clean energy and sustainable mobility projects.

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SECI has issued a tender for 1,000 MW round-the-clock renewable power supply designed to mimic thermal generation reliability. The initiative highlights India’s shift toward hybrid renewable solutions that combine solar, wind, and storage.

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NLC India has secured a AAA credit rating with stable outlook for ₹1,000 crore external borrowing. The rating strengthens the company’s financial credibility and supports future investments.

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Privi Speciality Chemicals has invested ₹1.77 crore in a 16.6 MW solar project to secure green power for its operations. The move reflects increasing industrial participation in renewable procurement.

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The Directorate General of Trade Remedies has recommended continuing countervailing duties on solar glass imports from Malaysia. The measure aims to protect India’s domestic solar manufacturing industry.

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The first Solar Contractors Meet in Dehradun brought together Uttarakhand’s solar industry leaders to discuss regional opportunities, project execution challenges, and collaboration.

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