Iola Hughes, Head of Research at Benchmark Mineral Intelligence, tells ESS News that 2026 is set to be another strong year for BESS, with forecast additions exceeding 450 GWh and no material supply constraints in sight. Meanwhile, the initial impact of rising lithium prices is already visible at the cell level, but the full effect has yet to ripple through to system pricing.

ICRA expects the Indian steel industry’s decarbonization to be gradual, with near-term emission reductions driven mainly by higher adoption of renewable energy and improvements in operational efficiency, as high costs and technology constraints limit faster decarbonization.

Energy storage for homes—anchored by hybrid inverter systems—will lead the next phase of solar growth in India. Not as an upgrade, but as a necessity for a nation building toward energy independence by 2047.

The federal government has unveiled new details of its plan to create a $1.2 billion critical mineral reserve. Three minerals will initially be the focus: antimony, gallium and rare earths (a group of 17 different elements).

Kosol Energie has signed a memorandum of understanding (MoU) with the Government of Gujarat to invest INR 90,000 crore in the State. The company said the proposed investment will support the development of advanced solar module manufacturing facilities, next-generation R&D centers, large-scale renewable energy parks, and integrated green energy ecosystems.

Inox Green Energy Services Ltd has secured a Letter of Award (LoA) from KEC International Ltd (KEC) to provide operations and maintenance services for a 625 MWp solar project at Bhadla, Rajasthan.

The newly launched LNK Energy plans INR 10,000 crore investment to build an integrated clean energy platform spanning solar manufacturing, green fuels and renewable power generation. The company will start with a 6 GW solar cell and module facility with integrated ingot and wafer production in Maharashtra, with plans to expand into related component manufacturing, green hydrogen and renewable power generation.

The share of thermal power in India’s electricity generation is expected to fall below 70% next fiscal, driven by slower growth in power demand and a sharp rise in renewable energy (RE) generation, according to Crisil Ratings.

Jupiter International Ltd has secured an order for the manufacturing, supply, installation, testing, and maintenance of off-grid solar PV water pumping systems (SPWPS) under the Magel Tyala Saur Krushi Pump Yojana (MTSKPY) in Maharashtra.

Joint owners of the 2 GW Al Dhafra solar power plant Abu Dhabi National Energy Company, Abu Dhabi Future Energy Company, EDF Power Solutions and Jinko Power, alongside offtaker Emirates Water and Electricity Company, have issued the green bonds to refinance the plant’s existing debt obligations and support its continued operation.

The four-day Summit will focus on the entire power value chain, including power generation (with emphasis on clean energy systems such as solar, wind, hydro, green hydrogen, etc.), transmission and distribution, energy storage, and energy efficiency solutions.

Smart grids represent a fundamental shift in how electricity networks are planned and operated. By leveraging digital technologies, real-time communication, and automation, smart grids enable utilities to respond dynamically to changing grid conditions. For India, this transformation is critical to maintaining reliability while integrating large volumes of solar and wind power. 

The Kauaʻi Island Utility Cooperative in Hawaii, which deployed storage before grid-forming inverters became available, became a test case for diagnosing grid issues that can arise with older grid-following inverters, and how grid-forming inverters can stabilize a grid.

Uniper has signed the agreement to offtake up to 500,000 tons per year from AM Green’s green ammonia projects. The first shipment is expected to happen as early as 2028 from AM Green Ammonia’s first 1 million ton per annum (MTPA) under construction plant in Kakinada, Andhra Pradesh.

The Indian power system is evolving faster than most global peers. Electricity demand is rising. Rooftop solar, electric mobility, and distributed generation are accelerating. The grid, once designed for predictable one-direction flows, is becoming a dynamic, decentralised organism. To manage it, India requires data that is just as distributed as the energy sources feeding the system. This is where decentralised RF mesh networks have begun to play an important role.

Once considered isolated incidents, spontaneous glass breakages in solar modules are becoming more frequent, highlighting the limits of some manufacturing choices and the need for closer quality control.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Alpex Solar Ltd has announced that it has secured a solar module supply order valued at INR 215.20 crore (excluding GST) from a domestic industry player. The order involves the supply of high-efficiency solar modules and is scheduled to be executed over a six-month period.

Vikram Solar Ltd today announced adoption of G12R format across its entire PV module portfolio. The company said the move reflects broader industry trends toward larger-format wafers, high-efficiency n-type technologies, and bifacial module designs aimed at improving energy yield and project economics.

A new generation of sodium-ion (Na-ion) battery cells has been launched as an alternative to the virtual monopoly of lithium-ion (Li-ion). Although the technology is unlikely to displace significant Li-ion market share, recent improvements make Na-ion a viable solution for certain niche applications, with potential for wider usage if cost becomes competitive.

New orders of INR 3,086 crore in Q3 and a robust pipeline for Q4 gives the company the confidence to revise its order booking guidance to over INR 11,000 crore this fiscal.

Onix Renewable Ltd has signed a Memorandum of Understanding (MoU) with the government of Gujarat for the establishment of a green ammonia production facility in Rajkot district with an investment of INR 10,000 crore. Additionally, it has proposed the implementation of PM-KUSUM Component-C projects at multiple locations across Gujarat

Elcogen, a European developer of solid oxide fuel cells and electrolysers, has announced its expansion into India and the wider Asia-Pacific region with the appointment of Anil Srikar Pavuluri as business development director for the region.

The 500 MW/1 GWh Jiayuguan NingSheng project combines lithium batteries and supercapacitors to support grid stability and renewables integration.

ENGIE has secured a 200 MW solar project paired with a 100 MW/600 MWh battery energy storage system (BESS) in India. The project was awarded through a competitive bidding process conducted by the Solar Energy Corp. of India (SECI).

High solar irradiation, expanding wind corridors, improving transmission infrastructure, and declining storage costs position India to be one of the largest contributors to incremental global renewable capacity additions by 2030. This also strengthens India’s role as a long-term hub for renewable project execution talent.

Every additional EV, wind turbine, transmission line, or storage system intensifies pressure on supply chains that are already concentrated and geopolitically sensitive. Competing solely on mining is neither sufficient nor sustainable.

Global solar growth is flattening in major markets as oversupply from China and India drives prices down and shifts competition from sheer volume to execution, policy alignment, and system integration. Across the U.S., Europe, and China, energy storage is becoming essential for project viability, making PV-plus-storage and strong EPC partnerships the new basis for winning projects in 2026 and beyond.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Startups are rewriting the narrative of India’s environmental challenge by building a bridge between air quality restoration and renewable energy expansion—a synergy that promises to fundamentally reshape how India confronts both crises simultaneously.