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Commercial & Industrial PV

India expected to install about 42.5 GW of new solar capacity in 2026: JMK Research

India installed around 37.8 GW of solar capacity in CY2025. This comprised about 28.6 GW of new utility-scale solar, a 54.6% increase from 2024, and 7.9 GW of rooftop solar, up 72% year on year. Off-grid additions stood at 1.35 GW, compared to 1.48 GW in 2024.

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India installs 7.1 GW of rooftop solar in 2025, up 122% YoY

Residential consumers accounted for 76% of rooftop solar capacity additions in 2025, driven by the PM Surya Ghar: Muft Bijli Yojana program.

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What India needs to accelerate sustainable lending post-budget

The next phase of green growth will depend on how quickly capital reaches businesses that are ready to modernize, become energy-efficient, and invest in cleaner production systems. The question is no longer whether sustainable lending will grow, it is how fast we can remove the barriers preventing it from scaling.

From panels to complete energy systems: The evolution of India’s rooftop solar market

Rooftop solar is moving from being a supplementary solution to becoming a central component of India’s energy architecture. The next phase of growth will not be defined by panel installations alone but by how effectively generation is integrated with storage, digital intelligence, and grid infrastructure.

Pace Digitek secures INR 1,587 million telecom battery order from Reliance Industries Ltd

Pace Digitek Ltd’s arm Lineage Power has received an order from Reliance Industries Ltd for the supply of high-capacity lithium-ion battery packs. Under the agreement, Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314Ah Lithium-Ion battery packs to provide backup power for telecom loads.

Suzlon strengthens leadership to support full-stack renewable expansion

Suzlon has formed a Group Executive Council (GEC), elevated JP Chalasani to the GEC, and appointed a new group CEO to drive its business transformation from a wind energy solutions provider to a full-stack renewable energy solutions conglomerate.

Hycosys raises $1 million from MGF Kavachh to develop hydrogen-compatible micro gas turbines

The seed round will aid in accelerating system integration, pilot deployments, and fuel the commercialisation roadmap of the Hycosys’ indigenous hydrogen-compatible micro gas turbine platform with applications across distributed power, aerospace and mobility.

Global-warming-induced degradation could raise rooftop solar LCOE by up to 20%

A global study finds climate change will sharply increase high-temperature risks, accelerate degradation, and raise costs for rooftop PV, with economically disadvantaged regions hit hardest. Researchers warn current IEC standards underestimate future risks, urging urgent updates to avoid stranded assets and rising electricity costs.

Corporate PPA deals down 10% in 2025 as AI demand plugs gaps

BloombergNEF global report finds corporate clean energy procurement fell in 2025 for first time in nine years amid negative pricing and policy uncertainty. Big Tech leads procurement as number of cPPA offtakers halved in the United States. Solar remains the top generating technology for cPPAs.

India’s electricity transition unfolds unevenly across states

A new report by IEEFA and Ember finds that India’s electricity transition is unfolding differently across states, shaped by variations in resource endowments, development pathways, and institutional capacities. While some states are already leading in renewable energy deployment and grid readiness, others are building momentum, presenting significant opportunities for accelerated progress through targeted, state-specific policy interventions.

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