BloombergNEF (BNEF) projects a slight year-on-year dip in global solar additions in 2026 as China’s growth eases, even as installations elsewhere continue to rise.
Tier-2 and Tier-3 cities are no longer behind in the solar journey, they are becoming the main growth drivers. With better government support, easier net-metering rules, and more awareness about savings, people in smaller cities are now ready for rooftop solar in a big way.
Cricket legend Sachin Tendulkar has invested INR 3.6 crore in Hyderabad-based solar EPC company Suntek Energy Systems, acquiring a 2% stake in the firm.
Solar PV capacity addition is led by Rajasthan, which accounts for 27% (36 GW) of the cumulative installed capacity. Gujarat ranks second with 24.8 GW, followed by Maharashtra with 17.2 GW. Together, these three states account for over 58% of India’s total installed solar capacity.
The EPC organisations that choose to lead across both the energy transition and digital infrastructure will not simply respond to the coming decades of change, they will shape them.
GEON, part of the 60-year-old Kabra Extrusion Technik Group, has launched GELITHIUM, an all-in-one power backup system that integrates a pure sinewave inverter with an inbuilt lithium-ion battery. GELITHIUM is available in 1,250 VA and 2,500 VA variants, with 12.8V/100Ah and 25.6V/100Ah lithium batteries, respectively.
Wood Mackenzie’s latest analysis expects market uncertainty in China, Europe and the U.S. to cause two consecutive years of contraction in the global solar inverter market, forecasting a fall to 577 GWac this year and 523 GWac in 2026.
Tata Group is developing two 50 MW solar power plants in Bundelkhand and Prayagraj, along with rooftop solar projects across several districts in Uttar Pradesh. Aligned with Uttar Pradesh’s EV subsidy policy, the Group is exploring opportunities to set up dedicated electric vehicle manufacturing facilities in the State.
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.
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