Renewable energy industry’s key expectations from Union Budget 2026
The upcoming budget must prioritize in-house technology and equipment development, provide clarity on delayed power purchase agreements (PPAs) and power sale agreements (PSAs), increase budgetary allocation and policy support for Green Energy Corridors, introduce production-linked incentives for battery energy storage system (BESS) manufacturing, establish an Approved List of BESS Integrators (ALBI), lower the cost of capital through priority sector lending, extend ALMM for solar cells, and continue the ISTS waiver, among other measures.
India–EU FTA anchors climate and trade in a fracturing global order
The India–EU free trade agreement is emerging as a platform for climate-trade convergence. The climate dimension is not incidental—it’s already embedded in ongoing India–EU frameworks.
Tata Power Renewables crosses 10 GW EPC execution milestone
Tata Power Renewable Energy Ltd has commissioned 10 GW of EPC projects to date, including 1.88 GW operationalized during the first nine months of FY26.
Waaree Renewable Technologies to acquire 55% stake in Associated Power Structures
Waaree Renewable Technologies Ltd’s board of directors has approved the acquisition of an approximately 55% stake in Associated Power Structures Ltd for INR 1,225 crore.
Scientists design low-cost sodium-ion battery with cheap electrode materials
Conceived for stationary energy storage, the proposed sodium-ion battery configuration relies on an P2-type cathode material and an hard carbon anode material that reportedly ensure full-cell performance. Electrochemical testing revealed initial capacities of 200 mAh/g for the cathode and 360 mAh/g for the anode with capacity retentions of 42% and 67.4% after 100 cycles.
China TOPCon solar module prices climb over 30% since mid-December
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.
India curtailed 2.3 TWh of solar generation between May and Dec. 2025: Ember
The system operator regularly had to curtail solar generation as an emergency measure to maintain grid security, as other resources were already flexing to their maximum capabilities. Lost solar generation highlights the need for flexibility to grow at pace with solar capacity.
China PV module prices expected to hit $0.12/W in H2
China’s PV module prices are expected to hover around $0.12/W in the second half of 2026 as the removal of export VAT rebates, front-loaded demand, and persistent oversupply keep market sentiment volatile.
Pre-Budget 2026: Solar and storage industry calls for tax reforms, PLI expansion, and circular economy push
Ahead of the presentation of the Union Budget 2026–27, stakeholders across India’s solar and energy storage ecosystem have urged the government to focus on tax reforms, expansion of production-linked incentive (PLI) schemes with targeted allocations, faster viability gap funding (VGF) disbursements, additional funding for residential rooftop solar, improved access to long-term and affordable green finance, and a stronger push for circular economy initiatives and grid modernisation.
Juniper Green Energy fully commissions India’s first merchant battery energy storage system
Of the 100 MWh battery energy storage system (BESS), 60 MWh was commissioned in Dec. 2025 and the remaining 40 MWh on Jan. 23, 2026.
