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Markets & Policy

The Hydrogen Stream: Hygenco commissions green hydrogen plant to decarbonize Sterlite Technologies’ optic fibre production 

Hygenco Green Energies has commissioned Maharashtra’s first green hydrogen and green oxygen production facility in Chhatrapati Sambhaji Nagar. This project will supply green hydrogen and oxygen to optic fibre manufacturer Sterlite Technologies Ltd.’s glass preform facility, supporting its goal to achieve Net Zero by 2030.

Distributed solar poised to shape the next decade of India’s energy transition through residential, C&I rooftops, and hybrid microgrids

India has set an ambitious target of 280 GW of solar capacity by 2030, and of this, at least 40-45 GW is expected to come from distributed solar — a conservative estimate, considering the pace at which the ecosystem is maturing.

Oriana Power enters MoU to explore and develop renewable energy projects in Canada’s Alberta province

Oriana Power has entered a Memorandum of Understanding with Invest Alberta Corp. (IAC), to explore and develop renewable energy projects in Canada’s Alberta province.

One Big Beautiful Bill is anti-solar: US industry reacts

The budget bill and a Trump executive order are expected to have a damaging effect to the solar industry, but strong fundamentals like increased demand and lowered component costs are expected to drive installations forward.

Reliance Power to raise INR 9,000 crore via QIP, FPO and NCDs

Reliance Power has approved plans to raise up to INR 6,000 crore via a Qualified Institutions Placement (QIP), follow-on public offer (FPO), or a combination of both. The company also plans to raise up to INR 3,000 crore through the issuance of non-convertible debentures (NCDs).

Mufin Green Finance raises $6.5 million from Developing World Markets to accelerate EV and clean energy financing in India

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.

Rotomag invests in Su-vastika

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.

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US launches national security probe into polysilicon imports

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.

Meeting evening peaks with clean power requires a three-pronged strategy: IEEFA

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.

Shakti Pumps invests INR 12 crore in solar manufacturing arm

Shakti Pumps (India) Ltd has invested INR 12 crore in its wholly owned subsidiary, Shakti Energy Solutions Ltd, in exchange for equity shares.

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