Markets & Policy

India’s 500 GW renewable energy target by 2030 dominates every policy conversation. Capacity additions, auction pipelines, transmission corridors; these are the metrics that make headlines. But there is a quieter, less glamorous constraint that could undermine all of it: the country’s under-investment in testing and certification infrastructure for clean energy equipment.

China strongly criticized the EU’s ban on Chinese inverters in EU-funded solar projects, warning it could damage trade relations, supply chains, and Europe’s energy transition.

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.

Waaree Renewable Technologies has signed agreements to acquire a 55% stake in Associated Power Structures for INR 1,225 crore.

ACME Solar Holdings has reported a 98.4% year-on-year increase in profit after tax (PAT) to INR 498 crore for fiscal year 2026. The company posted total revenue of INR 2,507 crore for FY 2026, up 59% year on year.

Milton Kenny, general manager-ESG at Premier Energies Ltd, discusses how ESG is reshaping the renewable energy sector—from decarbonisation to supply chain transparency and circularity.

The new policy has already applied, and impacts billions in funding from the European Investment Bank on renewable projects including standalone and co-located storage.

India and the European Union (EU) have launched a €15.2 million (INR 169 crore) joint funding programme to advance recycling technologies for electric vehicle (EV) batteries, under the India–EU Trade and Technology Council (TTC) Working Group 2 on Green and Clean Energy Technologies.

Escalating Middle East tensions and global energy supply risks are accelerating Europe’s shift toward solar and storage, particularly in commercial, industrial, and utility-scale segments where energy security, resilience, and price stability are becoming central investment drivers. At the same time, expanding manufacturing capacity in China and India is redirecting surplus solar and storage supply toward Europe, creating a highly competitive and increasingly selective market where long-term success depends on quality, reliability, ESG alignment, and strategic market positioning.

While a significant share of state-run energy firms’ current fossil fuel capital expenditure is tied to ongoing projects, new and incremental investments can be progressively rebalanced toward clean energy, says Deepak Sharma, a consultant at the International Institute for Sustainable Development.