With new smelting capacity on the horizon, the aluminium industry is well-positioned to drive a major shift toward clean energy, says a new report by JMK Research.
Since 1993, the World Energy Outlook (WEO) of the International Energy Agency (IEA) has been an authoritative report on energy statistics and guiding future energy supply and demand developments. An examination of these reports, however, indicates that even the most progressive of WEO scenarios has vastly underestimated the growth of renewable energy technologies, especially solar PV.
Havells India Ltd has signed binding term sheet to invest INR 600 crore in Surat-based PV module manufacturer Goldi Solar (Goldi). As part of conditions precedent to the transaction, Havells will enter into a master supply and service agreement with Goldi for consistent supply of solar modules and cells.
In 2024, the global corporate clean energy procurement market grew strongly, with a record 68 GW of power purchase agreements (PPAs) and other clean energy procurement deals announced. That amounted to 29% growth against the previous year. Caroline Zhu and Bruno Brunetti, of S&P Global Commodity Insights, examine the trends behind these numbers.
India’s installed rooftop solar capacity will reach 25–30 GW by FY 2027 from 17 GW in FY 2025, according to CareEdge Advisory & Research.
The US Energy Information Administration (EIA) says cumulative solar installations are expected to double from 91 GW to 182 GW from the end of 2023 to the end of 2026. Meanwhile, battery energy storage capacity is expected to grow 70% in 2025 alone.
India installed 23.8 GW of new solar capacity in FY2025, including 16.9 GW from utility-scale, 5,148 MW rooftop and 1,785 MW offgrid installations.
The agreement will help displace 40% of the conventional energy consumed by JSL Super Steel’s Ghaziabad facility.
The two-day SolarX Accelerator Programme in Mauritius brought together 35 startups from across Asia and APAC region to accelerate the development and deployment of innovative solar solutions.
Waaree Renewable Technologies Ltd, solar EPC arm of Waaree Group, has installed over 1.82 GW of solar projects and is currently managing the execution of an additional 1.7 GW of projects. National Stock Exchange (NSE) debut provides the company with wider stakeholder engagement, and enhanced capital access to drive future expansion.
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