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Highlights

Where will lithium-ion battery prices go in 2025?

After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilization.

Sodium-ion batteries present an opportunity for India to establish an indigenous energy storage ecosystem

Sodium-ion batteries, with the abundance of input materials, make a viable choice for India to reduce its reliance on imports to meet its energy storage needs, says a new report.

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India’s installed renewable energy capacity grows 15.84% year-on-year

The nation has reached a cumulative installed renewable energy capacity of 209.44 GW as of Dec. 31, 2024, with major contributions from solar (97.86 GW) and wind resources (48.16 GW).

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Andhra deputy CM visits Greenko’s integrated renewable energy project

Deputy chief minister Pawan Kalyan visited Greenko’s integrated renewable energy project in Andhra Pradesh. The project combines 3,500 MW of solar, 1,214 MW of wind and 1,680 MW of pumped hydropower generation, backed with a pumped storage capacity of 10,080 MWh in a single daily cycle.

Field testing shows perovskite solar modules can retain 78% of their initial efficiency after one year

Researchers from Belgium and the University of Cyprus have completed outdoor stability tests of perovskite solar mini-modules providing two-years of data on stability performance. The tests showed that the modules’ performance loss rates during the burn-in period of perovskites ranged between 7% and 8% per month.

GPM awaits tariff support, Chinese polysilicon futures injects boost

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.

Waaree Energies acquires Enel Green Power’s India arm

Waaree Energies Ltd has signed a definitive agreement to acquire 100% of Enel Green Power India (EGP India) for INR 792 crore.

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India installed ‘record’ 24.5 GW of solar power capacity in CY2024

India added about 24.5 GW of new solar capacity in the twelve months ending Dec. 2024, the highest recorded capacity in any previous year.

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The ease of financing in the solar sector

Innovative models that provide pay-as-you-go solar systems, peer-to-peer energy trading, and crowdfunding platforms could expand access to renewable energy for underserved communities.

Perovskite solar beach umbrella and electric cooler

Anker introduced an off-grid solar perovskite umbrella and a cooler with battery energy storage at CES 2025 in Las Vegas, Nevada.

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