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Markets & Policy

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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AI-powered BESS: The next frontier in grid stability and renewable integration

AI is transforming battery energy storage systems (BESS) through predictive load management, smart dispatch, and real-time performance optimisation – critical to India’s renewable energy ambitions.

India adds 119 GW of solar module, 9 GW of cell manufacturing capacity in 2025

Cumulative solar module manufacturing capacity reached around 210 GW as of Dec. 31, 2025, while cell manufacturing capacity totaled about 27 GW, according to Mercom’s new report.

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Trump’s tariffs are a strategic opportunity to accelerate India’s domestic solar deployment, suggests new report

Increased solar deployment and stricter enforcement of renewable purchase obligations across states and industries can help Indian manufacturers get over a volatile period and position themselves to compete better in a global market, according to Bengaluru-based think tank Climate Risk Horizons.

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