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Markets & Policy

Exide Industries infuses INR 100 crore into lithium battery arm

Exide Industries Ltd has invested an additional INR 100 crore in its lithium-ion battery arm, Exide Energy Solutions Ltd (EESL), through equity subscription.

Solar module prices on a clear downward trend

PV module prices have fallen by around 5% to 8% across all technology classes in recent weeks. says Martin Schachinger, the founder of pvXchange.com. This means that prices are moving strongly back toward the level we saw at the beginning of the year, which can only be described as unhealthy for module producers.

JK Srivastava Group, Hynfra join forces to build $4 billion green hydrogen and ammonia hub in Andhra Pradesh

JK Srivastava Hynfra has signed a memorandum of understanding with NREDCAP to develop a green hydrogen and ammonia hub with a capacity to produce up to 1 million tons of green ammonia annually, powered by 3 GW of solar and wind energy. Operations are expected to begin in early 2029.

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German battery storage hits 22.1 GWh in H1

Germany’s battery storage capacity is rapidly expanding, nearing 2 million installations by the end of the first half of 2025.

Reliance to begin solar cell production in Q3

Reliance Industries Ltd (RIL) is set to commission its solar cell manufacturing facility in the next quarter, achieving a significant milestone in its goal of building a fully integrated solar manufacturing value chain in Jamnagar, Gujarat.

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U.S. solar projects face development crunch while Canada says “Build, baby, build”

Solar developers prioritize advanced-stage projects in the U.S. due to tightened tax credit deadlines, while projects in Canada are “full speed forward.”

China’s upstream solar market signals strong price gains amid government intervention

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.

India needs to invest $1.5 trillion by 2030 for climate action at scale: Deloitte report

The report highlights significant investment opportunities across renewable energy (solar, wind, hydro), bio-energy, energy storage solutions, green hydrogen and its derivatives, sustainable transport infrastructure, digital systems and platforms for climate action, sustainable agriculture, and circular economy and waste management.

New solar trade cases focus on Asian countries

A US solar manufacturing group has filed trade petitions targeting cell and module imports from Indonesia, India and Laos, seeking antidumping and countervailing duties on largely Chinese-produced products. The action could trigger new AD/CVD investigations by the US Department of Commerce.

The Hydrogen Stream: Hygenco commissions green hydrogen plant to decarbonize Sterlite Technologies’ optic fibre production 

Hygenco Green Energies has commissioned Maharashtra’s first green hydrogen and green oxygen production facility in Chhatrapati Sambhaji Nagar. This project will supply green hydrogen and oxygen to optic fibre manufacturer Sterlite Technologies Ltd.’s glass preform facility, supporting its goal to achieve Net Zero by 2030.

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