India’s ambition to achieve a 60% non-fossil fuel share in its energy mix by 2035 faces a critical financing challenge, with annual investment in renewables, storage, and transmission projected to rise sharply from $68 billion by 2032 to $145 billion by 2035—according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).
The 185 MW wind-solar hybrid project commissioned at Kalavad serves 17 corporate customers under group captive model to support demand of energy-intensive manufacturing.
New modelling by Ember finds that solar paired with battery storage could supply 90% of India’s electricity demand at a levelised cost of electricity (LCOE) of INR 5.06/kWh ($56/MWh).
The company has appointed Sagar Saxena as chief executive officer of Arkannect. He will lead the platform’s growth, market expansion, and customer adoption, starting with the high-growth markets of Maharashtra, Madhya Pradesh, Kerala, and Uttar Pradesh.
Quality Care India Ltd (QCIL), one of India’s leading healthcare platforms, has signed agreements with AMPIN Energy and Radiance Renewables to procure solar power for its five facilities across Odisha, Chhattisgarh, and Maharashtra. AMPIN Energy will service QCIL’s facilities in Odisha and Chhattisgarh, while Radiance Renewables will execute the projects in Maharashtra.
Latest figures from the International Renewable Energy Agency find solar contributed the majority of a record 692 GW of renewables capacity added worldwide last year.
Feston SEV, a Chennai-based solar inverter and energy technology company, is entering battery energy storage system (BESS) manufacturing with plans to set up a BESS facility with an annual production capacity of 3 GW. Its upcoming facility will produce 5 kWh to 5 MWh solutions, catering to residential and commercial segments.
Indian clean-tech startup Greenvize has launched a compact hydrogen-based cooking system designed for residential and commercial kitchens. The system integrates a proton exchange membrane (PEM) electrolyser directly into a cooking unit, enabling on-site hydrogen generation from water without the need for storage or distribution infrastructure.
Indian economy size is likely to surpass $5 trillion by 2030, driven by manufacturing expansion, infrastructure development, and strong economic reforms. However, sustaining that growth requires not just clean energy but also one that is predictable, uninterrupted and dispatchable.
An IEA-PVPS report finds that solar power above 60° North is not only viable but rapidly expanding, driven by cold-climate performance gains, bifacial technologies, and rising energy security needs. While challenges like extreme seasonality, snow, permafrost, and scarce data remain, Arctic PV is emerging as a critical—and technically distinct—frontier for global solar deployment.
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