India’s 2024-25 budget reflects a strategic and holistic approach to the energy sector, emphasising sustainability, innovation, and energy security. By promoting pumped storage, advancing nuclear technology, transitioning to emission targets, and supporting renewable energy and energy efficiency, the budget lays a strong foundation for a sustainable and resilient energy future

By proactively embracing more sustainable practices and aligning themselves with global sustainability goals, companies can ensure their continued viability and contribute to a healthier planet. The journey towards sustainability may be complex and challenging, but it is an investment that will yield significant returns in the long run.

Stable government policies, adaptable technological solutions, diversified investments, robust financial planning, and active community engagement are crucial for achieving long-term success in the renewable energy sector.

The Bangladesh Power Development Board (BPDB) has agreed to buy electricity from the power plant at a price of $0.1094/kWh for a 20-year period.

The global battery glut is likely to influence the price discovery of Solar Energy Corp. of India’s tender for 2 GW solar with 1 GW/4 GWh energy storage system, writes Ali Imran Naqvi, executive director (ED), Gensol Engineering Ltd.

To accelerate the adoption of technological innovation and digitalization in the renewable energy sector, concerted efforts are needed from policymakers, industry leaders, and technologists alike. Governments can create supportive policy environments, invest in research and development by providing incentives, at the same time supporting early-stage companies by creating favorable regulatory environments to fostering public-private partnerships.

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.

Samrath Singh Kochar, founder and CEO, Trontek, talks about enabling renewable integration and grid stability through advanced energy storage solutions.

To ensure sustainability and financial viability, the solar industry needs a critical reevaluation and enhancement of both technical protective measures and financial risk management practices for solar installations in hail-prone regions.

The grid needs to modernize to meet a booming demand for electricity, which is only predicted to grow even further in coming years. IEC Standards are key to help with the transition.