BRE Summit and Expo 2026 Investment Announcements
The Bharat Renewable Energy Summit and Expo 2026 witnessed significant investment commitments and high-level discussions on renewable energy expansion. On the second day of the event, Union Minister of New and Renewable Energy Shri Pralhad Joshi, Union Minister of Power and Housing and Urban Affairs Shri Manohar Lal Khattar, and Minister of State for New and Renewable Energy and Power Shri Shripad Yesso Naik participated in "The Next Terawatt" ministerial plenary convened by the International Solar Alliance, CEEW and Energiva Ventures.
The plenary discussions focused on four key priority areas critical to accelerating global renewable energy expansion: integrated energy planning, supply and storage; energy infrastructure expansion and resilience; terawatt-scale financing of projects and ecosystems; and digitalisation and AI for secure and affordable energy. These discussions outlined a strategic roadmap from now to 2050, aligned with India's vision of Viksit Bharat by 2047.
Major Investment Commitments
Odisha witnessed the signing of 18 Memorandum of Understanding (MoUs) representing a total proposed investment of approximately ₹1.17 lakh crore. The signings occurred in the presence of Chief Minister Mohan Charan Majhi and Deputy Chief Minister Kanak Vardhan Singh Deo. Separately, Bondada Engineering Ltd., part of the Bondada Group, signed an MoU with the Goa Investment Promotion and Facilitation Board (Goa-IPB) committing a proposed investment of approximately ₹3,000 crore towards renewable energy projects in Goa.
International and State Participation
The BRE Summit & Expo 2026 brought together representatives from over 130 countries, including more than 40 Ministers, senior policymakers, investors, financial institutions and industry leaders. Country Partners included Australia, Denmark, the European Union, France, Germany, the Netherlands, Norway, Sweden and the United Kingdom, providing opportunities to strengthen bilateral cooperation and facilitate investment and technology partnerships across the clean energy value chain. Thirteen States and Union Territories showcased their renewable energy potential, project pipelines, manufacturing capabilities and policy initiatives.
Innovation Forum
The day also featured the first leg of Watts Next: Innovators' Ideas for India's Energy Security, Agenda 2047, a by-invite ideas forum curated in partnership with BloombergNEF. The session brought together leading innovators, entrepreneurs and industry leaders including Sumant Sinha (Founder, Chairman and CEO, ReNew), Shreya Mishra (Co-Founder and CEO, SolarSquare), Girish R Tanti (Co-Founder, Suzlon Group), Prof. Ashok Jhunjhunwala (IIT Madras) and Meredith Annex (Head of Clean Power Research, BloombergNEF) to present bold, actionable ideas on technology, finance and policy that could shape India's energy system.
The Summit is providing a platform for public and private sector stakeholders to explore innovative financing models, strengthen investment partnerships and identify solutions to accelerate project implementation, recognizing that India's renewable energy expansion will require sustained investment in generation capacity, energy storage, transmission networks, domestic manufacturing and supporting infrastructure.