Pre-Budget 2026: Solar and storage industry calls for tax reforms, PLI expansion, and circular economy push
Ahead of the presentation of the Union Budget 2026–27, stakeholders across India’s solar and energy storage ecosystem have urged the government to focus on tax reforms, expansion of production-linked incentive (PLI) schemes with targeted allocations, faster viability gap funding (VGF) disbursements, additional funding for residential rooftop solar, improved access to long-term and affordable green finance, and a stronger push for circular economy initiatives and grid modernisation.
Juniper Green Energy fully commissions India’s first merchant battery energy storage system
Of the 100 MWh battery energy storage system (BESS), 60 MWh was commissioned in Dec. 2025 and the remaining 40 MWh on Jan. 23, 2026.
Why end-to-end solar manufacturing is India’s competitive edge
End-to-end solar manufacturing is the bridge that will reduce import reliance, stabilize costs, strengthen supply chains, support exports, and help India move confidently toward its 500 GW renewable energy goal. With the right investments and a continued focus on innovation, India is positioned not just to participate in the solar revolution, but to help shape it.
KPI Green Energy commissions first 24.2 MW of 250 MW GUVNL solar project
KPI Green Energy Ltd has announced the commissioning of the first 24.2 MW AC (34.4 MW DC) of its 250 MW AC (350 MW DC) grid-connected solar independent power producer (IPP) project awarded by Gujarat Urja Vikas Nigam Ltd (GUVNL), well ahead of the scheduled timeline.
IndiGrid raises INR 1,500 crore through institutional placement
India’s first and largest publicly listed power sector Infrastructure Investment Trust (InvIT), IndiGrid, has successfully raised INR 1,500 crore through an institutional placement (IP). The placement was oversubscribed by around two times and saw strong participation from both domestic and global institutional investors.
French scientists discover new UV-induced degradation pathways in heterojunction solar cells
Scientists from French research institute CEA-Liten have identified hydrogen migration in doped selective layers as the primary driver of UV-induced degradation in silicon heterojunction solar cells. They have also found that combined light and thermal light-soaking treatments can partially restore performance and improve long-term UV stability.
China completes first full-scale underwater pumped storage trial at 65 m depth
DEC’s “Dongchu No. 1” prototype completed more than 100 charge-discharge cycles at 65 meters depth in a freshwater lake.
Building responsibly: India’s steel sector and the carbon budget challenge
India’s steel sector stands at a decisive moment. As the country pursues industrial growth, it must also demonstrate that development and decarbonisation can move together. The carbon budget framework offers not a constraint, but a compass, guiding industry toward innovation, resilience and global competitiveness.
Saatvik Green secures INR 10.15 crore solar module supply orders
Saatvik Green Energy’s arm Saatvik Solar Industries has received and accepted solar PV module supply orders worth INR 10.15 crore. The orders are scheduled for execution by February 2026.
IPO-bound SAEL commissions 1 GWp solar project at Khavda Renewable Energy Park
The solar plant, spanning 3,600 acres at Khavda Renewable Energy Park, Gujarat, is backed by 25-year power purchase agreements with Gujarat Urja Vikas Nigam Ltd.
