Markets & Policy

India’s solar sector faces rising module costs due to recent developments, including the imposition of anti-dumping duties on solar glass and China’s reduction in export rebates on solar modules, impacting project viability. These shifts underline the delicate balance between promoting local manufacturing, pursuing geopolitical strategies, and navigating the economic realities of global trade.

Honeywell has acquired the Li-ion Tamer business from Nexceris, a leader in off-gas detection technology for lithium-ion batteries. Li-ion Tamer’s early warning technology detects battery off-gassing, which typically precedes thermal runaway, providing facilities with vital time to intervene before a battery fire starts.

A new report by SBICAPS anticipates that the incentive cut under the second phase of the viability gap funding (VGF) scheme for standalone battery energy storage systems (BESS) could lead to a tariff increase of around 10%. However, it adds, this increase is manageable and could be absorbed in the coming months as capex costs continue to decline.

Yang Bao, Trinasolar’s president of global sales and marketing, recently spoke with pv magazine about the company’s strategy for the solar and energy storage business.

CleanMax has partnered with Toyota Tsusho India Pvt. Ltd. (TTIPL) to drive clean energy adoption among Japanese corporates in India. Together, they aim to develop and operate 300 MW of renewable energy projects by March 2028.

Companies that treat solar as a core part of their energy strategy, rather than a side initiative, often see these benefits play out with striking clarity. The investment case is strong. In most cases, payback happens within five to seven years. After that, solar becomes a net-positive contributor to the balance sheet.

The stake acquisition enhances AM Green’s upstream integration with Greenko, which runs over 10 GW of renewable and pumped storage assets and is building the world’s largest “Intelligent Energy Storage Cloud Platform.”

Sunkind Energy Ltd has entered into a strategic technical partnership with JA Solar to support its upcoming 2.4 GW solar cell and 4 GW module manufacturing facilities in India.

Republican districts are hit the hardest, with more than $9 billion in investments cancelled, delayed or closed so far in 2025, as businesses react to House and Senate bills that propose an early end or elimination of tax credits, according to E2.

The amount covers nearly all the funding required to accelerate the development of John Cockerill’s hydrogen business, including the rollout of next-generation pressurized alkaline electrolyzer technologies and international expansion.