The funds will mainly be used for EV loans and leases, while also financing EV batteries, charging infrastructure, and solar panel installations for residential and commercial & industrial (C&I) projects.
The strategic collaboration with Rotomag will equip Su-vastika with deep industrial expertise and robust manufacturing capabilities as it aims to scale clean, intelligent, and scalable energy solutions across India and global markets.
The US Department of Commerce (DoC) says it will investigate the potential for export restrictions by foreign countries, as well as their ability to “weaponize” their control over supplies of polysilicon.
The persistent evening peaks, which now nearly match daytime highs, reinforce the urgency of deploying storage solutions, demand-side measures and hybrid renewable projects to meet post-sunset demand.
Khushi Kabra, Vice President–Strategy at Geon (formerly Battrixx), speaks to pv magazine on pivoting from electric vehicle (EV) batteries to building a strong foothold in the energy storage space.
The technology which combines solar PV panels and agriculture is gaining ground. IEC Standards for solar photovoltaic (PV) systems already exist, but more might be required, dealing with some of the more specific issues relating to agriculture.
With renewable capacity expanding, grid upgrades underway, and policies fostering local supply chains, India is navigating a complex but promising energy transition.
Hyundai Motor India Ltd (HMIL), in collaboration with IIT Madras, will establish a 65,000 sq. ft. green hydrogen innovation centre in Chennai, enabling research, development, and deployment of hydrogen technologies.
India is well-placed to advance the e-mobility circular economy in Asia against the backdrop of the fast-growing market and recycling strategies. Adopting the 5Rs—Reduce, Reuse, Repurpose, Remanufacture, and Recycle—can help in reducing resource depletion and waste.
“India is on track to achieve the milestone of 50% renewable energy share in its total installed power generation capacity by the end of the year,” said union power minister Manohar Lal Khattar at the 11th edition of India Energy Storage Week (IESW) 2025.
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