In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Candi Solar, a provider of distributed solar solutions for commercial and industrial (C&I) businesses, has secured $58.5 million in funding led by the International Finance Corp. (IFC), a member of the World Bank Group. The facility will directly finance nearly 200 MWp of new projects.
Modern wind turbines and solar plants generate large volumes of operational data. By leveraging analytics, inefficiencies can be identified, performance assessed in real-time, and emerging issues addressed before they escalate. A dynamic operations and maintenance (O&M) support system builds on this intelligence to provide a strong grip on performance levels while minimising downtime.
The country’s planned steel capacity expansion presents an opportunity to adopt cleaner technologies if supported by the right financing pathways.
As renewable capacity rises, the question is no longer whether India can generate green power. The real challenge is whether the grid can absorb it smoothly and deliver it reliably when people actually need it. This is where battery energy storage systems (BESS) are increasingly seen not as a luxury but as a core part of grid planning.
Around 92% of the required investments—about $3.79 trillion—would flow into the energy transition, spanning renewable energy, storage, clean mobility, and green hydrogen.
India added a record 4.9 GW of rooftop solar capacity in the first nine months (9M) of calendar year (CY) 2025, with 2.1 GW installed in Q3 alone.
India’s energy story has moved beyond ambition to acceleration. Between April and August 2025, a 123 percent YoY jump in renewable energy capacity additions is not just a headline, it’s a signal of structural maturity, industrial resilience, and policy coherence. If the country sustains this trajectory through FY26 and FY27, it could well emerge as the world’s third-largest market for renewable deployment, behind only China and the United States.
Railway Energy Management Co. Ltd (REMCL) has concluded its tender for 1 GW of round-the-clock (RTC) power from renewable energy projects backed with or without energy storage at a price of INR 4.35/kWh.
Balasubramanian A, senior vice president at TeamLease Services, shares insights on workforce requirements, skill gaps, and the key trends shaping India’s renewable energy industry.
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