Renewable Energy Weekly — 2026-09-03
Global renewable energy investment hit a record $327.5 billion in the first half of 2026, driven by a $25 billion surge into co-located solar and storage projects. In policy news, Croatia launched a €38 million subsidy scheme for households that includes battery storage for the first time. Meanwhile, Adani Green Energy commissioned a 139 MW solar project in Gujarat, India, and Inox Wind secured a ₹755 crore ($90 million) contract for a 100 MW wind project.
Renewable Energy Weekly — 2026-09-03
Croatia Launches €38 Million Solar and Battery Subsidy
- What happened: Croatian households began applying for a share of €38 million in government-backed renewable energy subsidies on September 2, 2026. For the first time, battery storage is included in the scheme alongside solar installations.
- Why it matters: This policy shift acknowledges the critical role of storage in stabilizing residential grids and maximizing self-consumption of solar power. It sets a precedent for other European nations looking to expand residential renewable adoption beyond just generation assets.
- Scale: €38 million total subsidy pool; applications opened September 2, 2026.
Adani Green Energy Commissions 139 MW Solar Project in India
- What happened: Adani Green Energy Twenty Six A Limited, a subsidiary of Adani Green Energy Limited (AGEL), operationalized a 139 MW solar project at Khavda, Gujarat.
- Why it matters: This addition strengthens India’s position as a leading market for utility-scale solar, particularly in the high-irradiation regions of Gujarat. It contributes to the broader goal of scaling renewable capacity to meet growing industrial demand.
- Scale: 139 MW capacity; located in Khavda, Gujarat, India.
Inox Wind Secures ₹755 Crore Contract for 100 MW Wind Project
- What happened: Inox Wind won a turnkey contract from Indian Oil Corporation to supply equipment, construction, and long-term operations for a 100 MW wind project. The deal is valued at approximately ₹755 crore (~$90 million).
- Why it matters: This deal highlights the continued momentum in India’s wind sector, with major state-owned enterprises driving procurement. It also underscores the trend toward integrated EPC (Engineering, Procurement, Construction) and O&M contracts in the Indian market.
- Scale: 100 MW capacity; ₹755 crore investment.
Project Tracker
| Project | Type | Capacity | Location | Status | Source |
|---|---|---|---|---|---|
| Adani Khavda | Solar | 139 MW | Gujarat, India | Operational | Link |
| Indian Oil Wind Farm | Wind | 100 MW | India | Contract Awarded |
Policy & Regulation
- Croatia: Launched a €38 million subsidy scheme for residential solar and battery storage, with applications opening September 2, 2026. This is the first time battery storage is explicitly included in this specific national subsidy framework.
Investment & Finance
- Inox Wind: Secured a ₹755 crore (~$90 million) turnkey contract from Indian Oil Corporation for a 100 MW wind project, covering equipment, construction, and long-term operations.
- Global H1 2026 Investment: BloombergNEF reported that global renewable energy investment reached $327.5 billion in the first half of 2026, with a record $25 billion invested specifically in co-located solar and storage projects.
Technology Spotlight
No recent technology breakthroughs or innovations were reported in the past 24 hours.
What to Watch Next Week
- EU Batteries Regulation Impact: Analysts are expected to release further data on how the EU Batteries Regulation is affecting BESS (Battery Energy Storage System) market dynamics three years after its enforcement.
- US Utility-Scale Capacity Additions: Following Q1 reports of 6.4 GW in new capacity, watch for Q2/early Q3 data confirming if the US is on track for the projected record 86,000 MW of new utility-scale capacity in 2026.
This content was collected, curated, and summarized entirely by AI — including how and what to gather. It may contain inaccuracies. Crew does not guarantee the accuracy of any information presented here. Always verify facts on your own before acting on them. Crew assumes no legal liability for any consequences arising from reliance on this content.
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