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Highlights

Solar PLI scheme drives strong industry interest but faces implementation challenges

As of June 2025, the overall achievement (operational capacity) rate of the solar PLI scheme stood at approximately 29% of the total awarded capacity. Capacity additions remain below targets, with only 59% of module capacity and 14% of polysilicon capacity achieved as of June 2025.

DMEGC launches framed solar module weighing 7.5 kg/m2

In response to the growing demand for solutions for low load-bearing roofs, Chinese manufacturer DMEGC is presenting an IEC-certified lightweight 460 W module at France’s largest PV trade show – EnerGaïa.

Trontek enters residential energy storage market with 1.4 kWh and 2.7 kWh lithium battery systems

Trontek has entered the residential energy storage market with the launch of Powercube 1.4 kWh and Powercube 2.7 kWh lithium-ion battery storage systems that support both solar and grid charging.

The skills gap, not capital, is India’s real green energy bottleneck

The renewable energy sector creates significant employment density—approximately 10 times more workers per MW in solar and 3–4 times more in wind than in conventional power plants. This employment multiplication should be our competitive advantage. However, the skills gap is creating economic inefficiencies that compound across the sector.

Agratas advances construction at its Sanand battery facility

Agratas, the global battery business of the Tata Group, is rapidly advancing the construction work for its battery manufacturing facility in Sanand, Gujarat. This facility will have a planned annual capacity of 20 GWh in its first phase.

MaxVolt Energy triples lithium battery pack output with new 55,000 sq. ft. plant in Duhai

MaxVolt Energy is set to triple its lithium battery pack production capacity from 72,000 units per annum to 2.25 lakh units annually with the addition of a new 55,000 sq. ft. facility in Duhai, Ghaziabad.

Waaree Energies achieves 1+ GW monthly output

Waaree Energies Ltd has become the first solar panel manufacturer in India to produce over 1 GW of solar modules in a single month. This record-breaking output was achieved in November 2025.

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Global lithium-ion battery pack prices fall to $108/kWh, says BNEF

Battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% drop from 2024, making it the cheapest lithium-ion category for the first time, according to BloombergNEF (BNEF).

BlackRock to invest INR 3,000 crore for minority stake in Aditya Birla Renewables

Global Infrastructure Partners (GIP), part of BlackRock, is set to invest INR 3,000 crore for a minority stake in Aditya Birla Renewables, a commercial and industrial (C&I)-focused renewable energy platform under the Aditya Birla Group, with a pan-India portfolio of 4.3 GW.

Toshiba ESS tests hybrid wind-solar project with storage in Saudi Arabia

Toshiba Energy Systems & Solutions Corp. (Toshiba ESS) has started testing batteries and energy management solutions to stabilize electricity in remote Saudi Arabia through a hybrid wind-solar pilot project. The project will run until May 2028 to evaluate power- and energy-oriented batteries and optimize battery use.

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