Residential PV

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).

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.

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.

Achieving a system cost of $0.65/W through the secondary market and do-it-yourself assembly demonstrates a viable pathway for US plug-in solar to provide immediate utility bill relief to renters and apartment dwellers.

Global solar PV continues its rapid growth, reaching around 650 GW in 2025, with record solar irradiation extremes across regions such as East Asia, India, and Latin America. With current production capacity and emerging technologies like perovskite-silicon tandem modules, PV is poised to surpass all other electricity generation technologies combined by the end of the decade.

Trust, more than technology or economics, is the real bottleneck in scaling peer-to-peer (P2P) electricity trading. And increasingly, blockchain is being positioned not as a buzzword, but as a structural solution to this problem.