The average share of renewable energy in the Indian textile industry’s total energy consumption increased from about 14% in FY2023 to nearly 18% in FY2025, according to a new report from ICRA ESG Ratings Ltd.
In a new weekly update for pv magazine, Solcast, a DNV company, reports that November brought above-average solar conditions in northern India and Pakistan, while southeastern India and Sri Lanka faced reduced solar output due to Cyclone Ditwah’s storms and heavy cloud cover. Despite southern disruptions, India’s renewable energy share rose, driven by strong solar generation in the north and overall growth in renewable capacity.
Naxion Energy (formerly Sodion Energy) has introduced its sodium-ion–based energy storage systems for the residential and commercial & industrial sectors. The storage systems are available in 3.5 kW, 5 kW, and 10 kW models, and the batteries can be expanded to double the system’s storage capacity.
Brazilian photovoltaic association ABSolar says solar capacity additions may fall 24% to 10.6 GW in 2026 from 15 GW in 2024, with regulatory barriers, high capital costs, and restricted self‑generation access slowing investment and reducing jobs.
Oswal Pumps has received a Letter of Award from the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for the supply and installation of 13,738 off-grid DC solar PV water pumping systems under the PM-KUSUM Scheme
Smart Joules will use the proceeds to expand its energy-efficiency and cooling operations into newer sectors and larger-scale projects, including manufacturing, building automation, and district cooling, while further strengthening the company’s technology, analytics, and on-ground execution capabilities.
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 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.
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.
A new report reveals that solar, wind, and battery storage are increasingly cost competitive with new thermal as a source of 24/7 reliable power, offering a promising pathway that supports both India’s energy security and the country’s net-zero goals.
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