US total solar capacity to reach 182 GW by end of 2026
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.
Optimizing residential PV-driven heat pumps with lithium-ion batteries reduces LCOE by 7%
Scientists in Spain have simulated the combination of power-to-heat-to-power storage systems with lithium-ion batteries to supply energy needs and heat pump production of an electrified dwelling. PV self-consumption was found to increase by up to 20% and levelized cost of energy decrease by 7%.
India installed 24 GW solar in FY2025, says JMK Research
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.
Mauritius hosts SolarX Accelerator Programme in collaboration with International Solar Alliance and Business Mauritius
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 debuts on National Stock Exchange
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.
Peru plans to reach 3 GW of PV capacity by 2028
Peru aims to add 2.5 GW of new PV capacity by 2028 through 14 solar projects, bringing its total installations to nearly 3 GW, according to the Peruvian Ministry of Energy and Mines (MINEM).
Kosol Energie installs 250 kW solar system at rest house in Salangpur Dham
Kosol Energie has installed a 250 kW solar power system at Shree Gopalanand Swami Yatrik Bhavan, an 1,100-room rest house on the premises of the Lord Hanuman Temple in Salangpur, Gujarat.
India installed 18.5 GW of utility-scale solar, 4.59 GW rooftop PV in 2024
Waaree Energies led solar module shipments with a 14.1% share of the overall supplies in the Indian market during Jan-Dec. 2024 period.
Myanmar earthquake disrupts solar wafer production, global supply chain
The recent 7.7-magnitude earthquake in Myanmar has disrupted solar wafer production in western China, where about 50% of the country’s wafer capacity is concentrated. Major manufacturers have suspended operations due to equipment failures, raising concerns over supply shortages and higher global solar prices.
Renewable energy sector in 2025 and beyond
Governments worldwide are enacting policies that encourage investment in green technologies. As businesses recognise the long-term benefits of transitioning to renewable sources, private capital is increasingly flowing into innovative projects that promise sustainable returns.
