Markets & Policy

ReNew Energy Global Plc (ReNew) has announced price reduction in its solar modules and cells, following the Government of India’s landmark decision to lower goods and services tax (GST) on renewable energy equipment from 12% to 5%, effective September 22, 2025.

At their core, smart meters are data engines. They provide utilities with visibility into how, when and where electricity is consumed. That granular knowledge allows grid operators to forecast demand more accurately, balance loads and absorb greater volumes of variable solar generation. Without it, the grid risks becoming brittle, prone to blackouts when clouds pass over solar farms or demand surges unexpectedly.

Larsen & Toubro has signed a Memorandum of Understanding with ACWA Power for engineering, procurement and construction of the renewables and grid infrastructure at the Yanbu Green Ammonia Project in Saudi Arabia.

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.

Hydrogen is set to play a transformative role in India’s space missions, transportation, and clean energy future, said Dr. V. Narayanan, Chairman, Indian Space Research Organisation (ISRO), at a National Workshop on “Hydrogen Fuel Technologies and Future Trends” held at Alliance University, Bengaluru, in association with Indian Institute of Science.

Waaree Renewable Technologies Ltd, the solar EPC arm of Waaree Energies, today announced a strategic investment in Smart Joules, India’s largest Cooling-as-a-Service (CaaS) and energy efficiency company.

Market regulator, the Securities and Exchange Board of India (SEBI), has dismissed US-based short seller Hindenburg Research’s allegations of stock manipulation against the Adani Group companies and the Group’s Chairman, Gautam Adani.

The draft order for the implementation of the Approved List of Models and Manufacturers (ALMM) for wafers and ingots clearly indicates the government’s commitment to advancing domestic solar PV upstream integration and bridging the capacity gap between modules, cells, and wafers. Issuing this order nearly three years before its effective date and one year before the implementation of ALMM List-II will allow solar manufacturers to plan for wafer capacity alongside their upcoming cell capacities.

The Central Electricity Regulatory Commission (CERC) is set to release final guidelines for virtual power purchase agreements (VPPAs), potentially unlocking financing opportunities for over 40 GW of uncontracted renewable energy projects across the country.

Saatvik Green Energy Ltd has announced the launch of its initial public offering (IPO), aiming to raise INR 900 crore. The offer comprises a fresh issue of equity shares aggregating up to INR 700 crore and an offer for sale (OFS) aggregating up to INR 200 crore by the promoters.