The battery cost disconnect
For years, the battery energy storage (BESS) story has followed a familiar script: costs fall, deployment accelerates, economics improve. Even when cell costs rose and system prices briefly flattened during the 2021-22 lithium price spike, the narrative largely held. Paola Perez Peña, senior principal analyst at S&P Global Energy, examines why the latest jump in lithium prices has only had limited impacts on overall BESS costs so far.
Critical mineral supply concentration threatens India’s energy transition; diversification key to supply security
A new briefing note by Institute for Energy Economics and Financial Analysis (IEEFA) finds that India’s imports of key energy transition minerals and their compounds are highly concentrated, underscoring significant supply risks and the importance of diversification to enhance supply security.
Electricity and fossil fuel subsidies tightening clean energy support: IISD
Clean energy subsidies for renewable energy and electric vehicles (EVs) represent only 10% of India’s total energy subsidies. Though gradually expanding, these remain vulnerable to global oil price shocks due to structural fiscal dependence on oil and gas revenues.
Pace Digitek enters African BESS market in tie-up with NEC XON
Pace Digitek Ltd has partnered with NEC XON Systems, South Africa, to market, distribute and deploy its grid-scale battery energy storage systems (BESS) and related energy solutions across South Africa, Botswana, Mozambique, Namibia and Mauritius.
U.S. government sets preliminary anti-dumping duties on solar imports from India, Indonesia, and Laos
The U.S. Department of Commerce has issued preliminary anti-dumping determinations for three key solar-exporting nations, establishing duties of up to 123% on crystalline silicon photovoltaic cells and modules.
China wafer declines narrow as demand-side regulation lifts market sentiment
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.
India’s EV and battery manufacturing future depends on states playing to their strengths: IISD
State that aligns policies—and target specific segments of the EV and battery value chain—based on their comparative advantage, can better attract investments, deepen local value addition and create integrated manufacturing ecosystems.
Record solar, wind surge drives 3.3% drop in India’s fossil generation in 2025
India’s renewable power generation from solar, wind, hydro and bioenergy rose by a record 98 TWh (+24%) in 2025, driven by strong growth in solar and wind, according to a report by Ember. The increase was twice the nation’s electricity demand growth of 49 TWh, which was abnormally low owing to milder temperatures and slower industrial activity. As a result, India’s fossil power generation fell by 3.3%.
Why semiconductors in the solar sector require mainstream attention
As the energy-generating capacity scales up, it becomes critical to integrate intelligent embedded control and connectivity solutions. With a concerted effort to utilize the advances in power electronics and connectivity solutions, it is possible to achieve self-reliant, environmentally friendly, and efficient energy systems that can power a nation.
L&T Energy signs green ammonia offtake agreement with Japan’s ITOCHU
L&T Energy GreenTech Ltd (LTEGL), an arm of Larsen & Toubro, has signed an agreement with Japan’s trading company ITOCHU Corp to supply 300,000 tonnes of green ammonia per year from its proposed production facility in Kandla, Gujarat, on a long-term take-or-pay basis.
