Join the 3rd SunRise Arabia Clean Energy Conference on April 22, 2026, in Riyadh to explore how solar PV and energy storage are powering the Kingdom’s growing digital economy — including data centers. Secure your spot at the early-bird rate.
Connect with Europe’s energy storage leaders at the Battery Business & Development Forum 2026 in Frankfurt (March 31–April 1) and gain insights into evolving business models, financing strategies, and market trends
The International Renewable Energy Agency’s annual review into employment finds solar held over 43% of global jobs in the renewable energy sector in 2024.
High solar irradiation, expanding wind corridors, improving transmission infrastructure, and declining storage costs position India to be one of the largest contributors to incremental global renewable capacity additions by 2030. This also strengthens India’s role as a long-term hub for renewable project execution talent.
Solar additions in CY2025 comprised 28.6 GW of new utility-scale solar capacity (up about 54.6% year-on-year), 7.9 GW of rooftop solar capacity (a 72% YoY increase), and 1.35 GW of off-grid/distributed solar capacity (8.8% lower than installations in CY2024).
Only around 50% of standalone battery energy storage system (BESS) projects analyzed in India demonstrate positive project economics under modeled assumptions, according to Mercom India Research’s newly released LCOS and Bidding Trends in Indian Energy Storage Projects report. The projects assessed were auctioned between July and November 2025.
Uniper has signed the agreement to offtake up to 500,000 tons per year from AM Green’s green ammonia projects. The first shipment is expected to happen as early as 2028 from AM Green Ammonia’s first 1 million ton per annum (MTPA) under construction plant in Kakinada, Andhra Pradesh.
Waaree Renewable Technologies Ltd (WRTL), the EPC arm of the Waaree Group, reported its highest-ever third-quarter revenue of INR 851.06 crore for Q3 FY2026, marking a 136.18% year-on-year (YoY) increase from INR 360.35 crore in Q3 FY2025.
CEAT, a leading Indian tyre manufacturer, has partnered with CleanMax Enviro Energy Solutions Ltd (CleanMax) to develop 59 MW of hybrid wind–solar projects for captive consumption. The projects will supply renewable power to its Halol facility in Gujarat and Kanchipuram facility in Tamil Nadu.
Pace Digitek Ltd has secured the balance-of-systems package from Bondada Engineering Ltd (BEL) for a 300 MW solar project.
ENGIE has secured a 200 MW solar project paired with a 100 MW/600 MWh battery energy storage system (BESS) in India. The project was awarded through a competitive bidding process conducted by the Solar Energy Corp. of India (SECI).
An international research group has conducted a literature review of capital expenditure-driven levelized cost of electricity optimization strategies for utility-scale PV systems. Tracking optimization, system voltage escalation, and advanced system design are identified as the most promising cost reduction areas. “The next wave of PV research must be LCOE-native, system-level, and deployment-validated,” a member of the research group said.
The Indian power system is evolving faster than most global peers. Electricity demand is rising. Rooftop solar, electric mobility, and distributed generation are accelerating. The grid, once designed for predictable one-direction flows, is becoming a dynamic, decentralised organism. To manage it, India requires data that is just as distributed as the energy sources feeding the system. This is where decentralised RF mesh networks have begun to play an important role.
By combining proven global practices with solutions designed for Indian conditions, offering choices for different customer needs, and continuing to invest in meaningful innovation, India can build a solar ecosystem that is resilient and inclusive.
The Chinese manufacturer said its 2-terminal 34.76%-efficient perovskite-silicon tandem lab-scale cell is based on heterojunction technology and developed by a collaboration of Solarlab Aiko Europe, Aiko headquarters, and its R&D in Yuwi, China.
The Centre of Excellence, operated from the campus of IIT Kanpur and HBTU Kanpur, will prioritize research and development focused on green hydrogen production, storage, transportation, safety standards, testing, demonstrations, and industrial use. Special emphasis will be on applied research and technological solutions for industries such as refineries, fertilizers, transportation, manufacturing, and energy systems.
The largest area of green financing is energy-efficient machinery, which supports MSMEs in modernising production lines and reducing operational energy consumption. Significant capital is also being channelled into rooftop solar installations, electric vehicles, and enterprises operating in the water, sanitation, and hygiene (WASH) sectors, across clusters such as manufacturing, healthcare, and food processing.
Onix Renewable Ltd has signed a Memorandum of Understanding (MoU) with the government of Gujarat for the establishment of a green ammonia production facility in Rajkot district with an investment of INR 10,000 crore. Additionally, it has proposed the implementation of PM-KUSUM Component-C projects at multiple locations across Gujarat
The duties range from 53.3% to 57% for U.S. producers and from 2.4% to 48.7% for South Korean companies and will remain in force for a further five years.
Saatvik Green Energy Ltd’s arm Saatvik Solar Industries has secured an order worth INR 13.80 crore from a private-sector power producer for the supply of solar PV modules. The order is scheduled to be executed by February 2026.
A new Perspectives research study on the future of the global PV supply chain outlines how module prices, performance, and lifetimes could evolve over the next 25 years. The work reflects a collaboration among leading solar research institutions worldwide. One of the study’s authors, the director of the Fraunhofer Institute for Solar Energy Systems (ISE), told pv magazine that solar module and cell efficiencies could exceed 35% by 2050, with panel prices expected to drop by a factor of two.
Every additional EV, wind turbine, transmission line, or storage system intensifies pressure on supply chains that are already concentrated and geopolitically sensitive. Competing solely on mining is neither sufficient nor sustainable.
The 500 MW/1 GWh Jiayuguan NingSheng project combines lithium batteries and supercapacitors to support grid stability and renewables integration.
Larsen & Toubro (L&T) has secured an order from Torrent Energy Storage Solutions for the construction of the 3 GW Saidongar-1 open-loop pumped storage project (PSP) in Raigad, Maharashtra. The PSP will comprise ten units of 300 MW each.
Scatec has inked a 25-year power purchase agreement in Egypt for a 1.95 GW solar, 3.9 GWh battery energy storage project, representing the developer’s largest investment to date.
Global solar growth is flattening in major markets as oversupply from China and India drives prices down and shifts competition from sheer volume to execution, policy alignment, and system integration. Across the U.S., Europe, and China, energy storage is becoming essential for project viability, making PV-plus-storage and strong EPC partnerships the new basis for winning projects in 2026 and beyond.
Ola Electric has rolled out Ola Shakti, a residential battery energy storage system (BESS), from its gigafactory in the Krishnagiri district of Tamil Nadu. Powered by Ola Electric’s indigenous 4680 Bharat Cells, Ola Shakti is India’s first residential BESS to be fully designed, engineered, and manufactured domestically.
Startups are rewriting the narrative of India’s environmental challenge by building a bridge between air quality restoration and renewable energy expansion—a synergy that promises to fundamentally reshape how India confronts both crises simultaneously.
India’s power landscape is undergoing a structural inflection point where domestic manufacturing has shifted from a supporting function to a central pillar of national energy security.
With record 40+ GW solar and wind installations (solar: 34.9+ GW, wind: 5.8+GW), 2025 has marked yet another high point in Indian annual renewable capacity additions. The capacity additions have been driven by strong project momentum across all solar segments.
While India has research capabilities across public laboratories and academic institutions in both rare earths and battery recycling, the transition from lab-scale innovation to industrial deployment has been slow. This gap between research and commercial execution continues to limit scale across the critical minerals ecosystem.
India is moving decisively beyond capacity addition toward system-level maturity. Expanded transmission planning, a more diversified energy mix and better regulatory clarity signal a market design that is becoming ever more dynamic and future ready.
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