Building 500 GW: Powering India’s clean energy transition and energy independence
India is already investing in energy storage solutions such as batteries and pumped storage to enable greater integration of renewable energy into the grid. However, this alone may not be sufficient. It’s time to also look at demand management to enable dovetail between renewable energy generation and demand.
Schneider Electric acquires WattBuy home-electrification software platform
Schneider Electric is expected to merge WattBuy with EnergySage and Qmerit to provide an end-to-end experience for residential solar, EV integration, home electrification, and related services.
Chinese polysilicon prices stabilize after five-week 31% rally
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.
EIA projects record 64 GW US power capacity buildout in 2025
The US Energy Information Administration (EIA) says developers plan to add 21 GW of solar in the second half of 2025 alone.
ALCM implementation to hamper execution of 20-25 GW of green open access projects
Following the implementation of Approved List of Cells and Manufacturers (ALCM), the expected shortage of DCR modules is likely to hamper the execution of nearly 20–25 GW of green open access projects over the next 2-3 years. Concurrently, the high prices of DCR modules will also increase the project power tariff by up to INR 0.4 – 0.5 per unit.
GameChange BOS opens high-volume transformer factory in Maharashtra
The factory, spread across 180,000 sq. ft., is capable of producing over 1,800 transformers annually, significantly expanding the company’s ability to serve key markets in India, Europe, and the United States.
Shrinking export opportunities raise solar module oversupply concerns in India: SBICAPS
India’s solar module manufacturing capacity has reached around 100 GW, enough to meet domestic demand. However, with total module capacity rising to 190 GW by March 2027 and export opportunities narrowing, the market faces oversupply crisis, states a new report by SBICAPS.
Australia launches fund to expand battery manufacturing
The Australian Renewable Energy Agency has launched a AUD 500 million ($324 million) initiative aimed at supercharging Australia’s battery manufacturing industry and seizing opportunities associated with the global renewable energy transition.
Beyond Rhetoric: India’s clean energy investments speak for themselves
India has drawn billions of dollars into renewable infrastructure from global institutional investors, private equity firms, and corporate stakeholders. Initiatives such as the National Solar Mission, coupled with predictable tariff structures and streamlined regulatory mechanisms, have created a conducive environment for capital deployment.
Vikram Solar IPO subscribed 1.52 times on first day
Vikram Solar Ltd’s Initial Public Offering (IPO) received a strong response on Day 1, with the non-institutional investors’ portion subscribed 3.84 times and the retail portion 1.37 times.
