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Markets & Policy

India added 547 MWh of battery energy storage capacity in 2025, says Mercom

With this, the nation’s cumulative installed battery energy storage capacity crosses 1 GWh.

How AI can transform India’s energy ecosystem

By applying advanced machine learning and data analytics, AI can improve energy efficiency, strengthen grid resilience, and enable more intelligent and effective resource utilisation. Strategies for energy efficiency and innovations in smart grids powered by AI could generate up to $1.3 trillion in economic value by 2030.

Land acquisition completed for 40 GWh capacity awarded under PLI ACC scheme

Land acquisition has been completed for 40 GWh of manufacturing capacity awarded under India’s production-linked incentive (PLI) scheme for advanced chemistry battery cells (ACC).

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Uttar Pradesh’s installed solar capacity surges by 1,150% from 400 MW to 5,000 MW in nine years

Uttar Pradesh has now surpassed 5 GW of installed solar capacity, marking an impressive increase of 1,150% from 400 MW in 2017.

Amit Paithankar exits early, Jignesh Rathod takes over as Waaree Energies CEO

Amit Ashok Paithankar has stepped down as whole-time director and CEO of Waaree Energies with effect from March 20, 2026, earlier than the previously indicated date of May 15, 2026. Jignesh Devchandbhai Rathod has assumed the role with immmediate effect.

Vikram Solar appoints Sameer Nagpal as CEO

Sameer Nagpal will lead Vikram Solar through its next phase of growth as it advances its strategic roadmap to deepen backward integration, scale manufacturing capacity, and strengthen its position in the global renewable energy market.

China wafer prices unchanged as resumed purchases fail to lift market

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.

Sorigin secures 250 MW/500 MWh battery storage project in Rajasthan

Sorigin RE Services has secured its first standalone battery energy storage system (BESS) project in Rajasthan, featuring a capacity of 250 MW/500 MWh.

NTPC, UK’s Octopus Energy sign MoU for cooperation in renewable energy and storage

NTPC Ltd has signed a Memorandum of Understanding (MoU) with UK-based Octopus Energy Group to explore collaboration opportunities in advancing clean energy, digital utilities, and customer-centric power solutions across India, the United Kingdom, and other mutually agreed geographies.

Government sets seven-day cut-off for ALMM wafer compliance

Bids submitted after seven days from the publication of the initial ALMM List-III for wafers must mandatorily specify the use of ALMM List-III-compliant wafers.

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