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Several EV and charging components such as rectifiers, power modules, semiconductors, battery cells and PCBs are still largely imported. These create ecosystem-wide challenges including supply volatility, cost exposure, limited local integration, and scaling constraints. However, these gaps also represent one of India’s biggest opportunities.

The Industrial Accelerator Act says solar projects awarded through public procurements or other public support schemes would need to feature Europe-made solar inverters and cells within three years after the act becomes law. For battery energy storage systems, similar requirements would be introduced using a phased approach from one year after the act enters force.

ACME Solar has secured two power purchase agreements (PPAs) with SJVN Ltd for 300 MW and 150 MW, totaling 450 MW, under a firm and dispatchable renewable energy (FDRE) project. The company also announced the commissioning of an additional 38 MW/82 MWh at its 285 MW/600 MWh battery energy storage system (BESS) project in Jaisalmer district, Rajasthan.

CRISIL has upgraded Advait Energy Transitions Ltd’s long-term rating to A-/Stable from BBB+/Stable, and short-term rating to A2+. In addition, the total bank loan facilities rated have been enhanced from INR 110 crore to INR 405 crore.

The European Economic and Social Committee (EESC) will place sodium batteries at the center of its work on the EU’s industrial strategy and is calling for swift action. pv magazine has compiled a list of manufacturers developing this technology in Europe.

Siemens Energy India Ltd has reported a 26% year-on-year increase in revenue to INR 1,911 crore and a 34.9% rise in profit after tax to INR 313 crore for the quarter ended December 2025 (Q1 FY2026). The company’s order backlog expanded 37.6% to INR 17,599 crore.

The Chinese manufacturer has launched its third-generation Vertex S+ G3 dual-glass TOPCon modules for residential and commercial applications. The new products feature upgraded module architecture and a temperature coefficient if -0.26% per C.

Delta Electronics India, in collaboration with the Tamil Nadu Skill Development Corp. (TNSDC), has inaugurated a Centre of Excellence (CoE) in Robotics and PLC Automation at the College of Engineering, Bargur, in Krishnagiri district, Tamil Nadu.

Enrich Energy has secured EPC contract, including land package, for a 300 MW grid-connected solar project to be developed at NTPC Anta, Rajasthan.

With 600 MW of installed capacity and 2,400 MWh of storage, the Huai’an Salt Cavern project is now the world’s largest compressed air energy storage (CAES) facility, surpassing the 300 MW/1,500 MWh project commissioned earlier this year that previously held the title.