Markets

Torrent Gas will blend green hydrogen up to 2% with natural gas in its city gas distribution (CGD) network and supply the blend to domestic households, CNG stations, and industries in the region.

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.

ReNew Energy Global has reported a net profit of INR 5,131 million for the first quarter of fiscal year 2026 (Q1 FY26), marking a 13-fold increase from INR 394 million in Q1 FY25. A significant portion of the profit—INR 3,562 million—was contributed by external sales from the company’s solar module and cell manufacturing business.

Trade is only half the story, the bigger opportunity lies in green finance. Indian renewable energy projects require an estimated $250 billion in capital by 2030. The UK, home to one of the world’s most mature green finance ecosystems, including institutions like the Green Investment Bank and large ESG-focused funds, is ideally positioned to bridge this gap.

The US Department of Commerce has initiated full investigations into anti-dumping and anti-subsidy cases against solar imports from India, Indonesia, and Laos filed in July. These investigations, conducted alongside the US International Trade Commission (ITC), are expected to continue into next spring.

Qcells has confirmed that US Customs and Border Protection (CBP) has detained an unspecified volume of its solar cell imports from South Korea. The company claims the cells do not contain components from Xinjiang, China and says it is working with CBP to resolve the issue.

As global investors, consumers, and regulators demand deeper climate accountability, India’s position as a manufacturing and export hub will increasingly hinge on how credibly its businesses can measure and manage emissions. That credibility will come not from declarations, but from data.

Advait Energy Transitions Ltd has posted an INR 9.69 crore consolidated profit for the quarter ended June 30, 2025. Consolidated revenue from operations surged to INR 118.43 crore.

Global electricity demand is set to rise more than 3% per year through 2026, driven by growth in Asia and greater use across industry, data centers, and transport, with renewables, gas, and nuclear meeting most of the increase, says the International Energy Agency (IEA).

The quality assurance firm updated its inverter manufacturer financial stability ranking with APSystems (Yuneng Technology), Sinexcel, and Eaton in the top three spots.