Procurement

Trade is only half the story, the bigger opportunity lies in green finance. Indian renewable energy projects require an estimated $250 billion in capital by 2030. The UK, home to one of the world’s most mature green finance ecosystems, including institutions like the Green Investment Bank and large ESG-focused funds, is ideally positioned to bridge this gap.

New battery projects commissioned in 2025 could deliver internal rates of return (IRR) of 17% by operating in power exchanges, owing to falling upfront costs and rising revenue potential, says the Ember report.

Given that global steel demand is projected to grow by 32% by 2050, largely driven by infrastructure expansion and industrial development, the need to decouple steel production from carbon emissions is both urgent and complex. Here is where hydrogen, particularly green hydrogen, emerges as a powerful catalyst for change.

Supply chain challenges, subsidies and tariff uncertainties are forcing the solar energy industry to find significant cost efficiencies. As older models of installed solar panels become harder to source, the growing second-life solar market helps industry find replacement panels and other equipment.

Cross-party human rights committee says legislation needed to combat forced labor in solar supply chains, in report urging the UK government to introduce mandatory due diligence measures. Solar Energy UK expresses disappointment in committee’s portrayal of the UK solar industry.

India’s automobile industry can cut its manufacturing emissions by up to 87% by 2050 with a shift to 100% renewable energy, green steel, and partnerships with suppliers to cut emissions, finds a new study by the Council on Energy, Environment and Water (CEEW).

The US Department of Commerce (DoC) says it will investigate the potential for export restrictions by foreign countries, as well as their ability to “weaponize” their control over supplies of polysilicon.

Although the suspension of the 24% tariff under Section 301 sends a signal of easing, the retention of the full 10% under Section 201 and the average 83% anti-dumping/countervailing duties means that Chinese solar PV exports to the US still face a combined tax rate of nearly 200%.

While the tariff war between the U.S. and China presents challenges to global trade stability, it also opens up opportunities for Indian solar firms. Through strategic alignment, domestic policy support, and favorable international positioning, India stands to strengthen its role in the global clean energy supply chain.

Coalition trade lawyer says the U.S. Department of Commerce’s final tariffs on solar cells and modules from Cambodia, Malaysia, Thailand and Vietnam are among the highest rates he’s ever seen.