VGF incentive cut may raise BESS tariffs by 10%, but impact likely temporary: SBICAPS
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.
Trinasolar targeting ‘high-value’ markets
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, Toyota Tsusho partner to develop 300 MW renewable energy projects for Japanese corporates in India
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.
Why solar power can’t just be industries’ CSR afterthought
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.
AM Green acquires stake in Greenko from ORIX
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 partners with JA Solar to boost PV cell and module manufacturing in India
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.
Policy uncertainty leads to $1.4 billion cancelled U.S. manufacturing investments in May
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.
John Cockerill Hydrogen raises €116 million to drive global growth
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.
The Hydrogen Stream: Toyota Kirloskar, Ohmium to co-develop green hydrogen microgrid solutions in India
The partnership will explore scalable and cost-effective green hydrogen microgrid solutions by combining Toyota’s expertise in proton exchange membrane (PEM) fuel cell technology with Ohmium’s modular and high-efficiency PEM electrolyzer systems.
JinkoSolar achieves world record efficiency of 27.02% for TOPCon solar cell
The Chinese manufacturer said the result was certified by China’s National Photovoltaic Industry Measurement and Testing Center (NPVM).
