As of June 2025, the overall achievement (operational capacity) rate of the solar PLI scheme stood at approximately 29% of the total awarded capacity. Capacity additions remain below targets, with only 59% of module capacity and 14% of polysilicon capacity achieved as of June 2025.

Smart Joules will use the proceeds to expand its energy-efficiency and cooling operations into newer sectors and larger-scale projects, including manufacturing, building automation, and district cooling, while further strengthening the company’s technology, analytics, and on-ground execution capabilities.

Global Infrastructure Partners (GIP), part of BlackRock, is set to invest INR 3,000 crore for a minority stake in Aditya Birla Renewables, a commercial and industrial (C&I)-focused renewable energy platform under the Aditya Birla Group, with a pan-India portfolio of 4.3 GW.

MaxVolt Energy is set to triple its lithium battery pack production capacity from 72,000 units per annum to 2.25 lakh units annually with the addition of a new 55,000 sq. ft. facility in Duhai, Ghaziabad.

Toshiba Energy Systems & Solutions Corp. (Toshiba ESS) has started testing batteries and energy management solutions to stabilize electricity in remote Saudi Arabia through a hybrid wind-solar pilot project. The project will run until May 2028 to evaluate power- and energy-oriented batteries and optimize battery use.

Trontek has entered the residential energy storage market with the launch of Powercube 1.4 kWh and Powercube 2.7 kWh lithium-ion battery storage systems that support both solar and grid charging.

The renewable energy sector creates significant employment density—approximately 10 times more workers per MW in solar and 3–4 times more in wind than in conventional power plants. This employment multiplication should be our competitive advantage. However, the skills gap is creating economic inefficiencies that compound across the sector.

A new report reveals that solar, wind, and battery storage are increasingly cost competitive with new thermal as a source of 24/7 reliable power, offering a promising pathway that supports both India’s energy security and the country’s net-zero goals.

A research team in India developed a passive solar-panel cooling method using a thin, still layer of seawater placed over the module surface. Tests showed that while a thick water layer sharply reduced energy output, a thin 5 mm layer lowered module temperatures and increased daily energy generation by up to 8.86%.

Vietnam’s Vingroup has committed an investment of $3 billion to develop a multi-sector ecosystem in the Indian state of Telangana, with a strong focus on electric mobility, renewable energy, and sustainable urban development.

As smart grid tech is rolled out around the world to modernize legacy assets and integrate renewable energy generation, it is also making the electricity network more prone to cyber attacks. IEC Standards provide protection but they also are challenged to keep up with the latest threats.

Avaada Group has signed a Memorandum of Understanding (MoU) with GRIDCO and IIT-Bhubaneswar to establish a state-of-the-art Centre of Excellence (CoE) in Odisha focused on integrated research, innovation, and technology development in green hydrogen.

If India solves demand creation intelligently, it can become a global price-setter, not just another participant in the hydrogen economy.

Indian steelmakers have begun adopting green hydrogen, but this option should become an even greater priority for the country as metallurgical coal supply risks intensify.

Researchers at Fraunhofer ISE have developed a perovskite-silicon tandem solar cell using a TOPCon bottom cell with standard textured front surfaces. Their results show that TOPCon bottom cells can perform comparably to heterojunction cells in tandem devices in terms of shunt resistivity, supporting scalable, cost-effective industrial production.

In response to the growing demand for solutions for low load-bearing roofs, Chinese manufacturer DMEGC is presenting an IEC-certified lightweight 460 W module at France’s largest PV trade show – EnerGaïa.

Agratas, the global battery business of the Tata Group, is rapidly advancing the construction work for its battery manufacturing facility in Sanand, Gujarat. This facility will have a planned annual capacity of 20 GWh in its first phase.

Waaree Energies Ltd has become the first solar panel manufacturer in India to produce over 1 GW of solar modules in a single month. This record-breaking output was achieved in November 2025.

Battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% drop from 2024, making it the cheapest lithium-ion category for the first time, according to BloombergNEF (BNEF).

As adoption accelerates, the critical question is no longer simply how much solar capacity can be installed, but how clean and sustainable the manufacturing process behind it truly is. Heterojunction Technology (HJT) has become one of the most compelling answers to that challenge.

Gujarat’s leadership in renewable deployment is now extending into the field of solar plus storage, with direct implications for industrial power users. Large grid connected projects in Kutch, storage additions at hybrid sites, and new battery initiatives aimed at supplying industries with on-demand renewable energy are all early examples of how solar and storage can work together in practice. 

SMA Solar Technology announces the commercialization in Europe of its new MVPS-9200 medium voltage station in a 12-meter containerized version for battery energy storage systems (BESS) and large-scale photovoltaic power plants.

Pace Digitek Ltd today announced that its subsidiary, Lineage Power, has secured a battery energy storage system (BESS) order worth INR 997.10 million (including taxes) from Advait Greenergy.

NTPC Vidyut Vyapar Nigam Ltd (NVVN), a wholly owned subsidiary of NTPC Ltd, has invited bids to set up a 500 MWh (125 MW × 4 hours) standalone battery energy storage system (BESS) project, connected to the State Transmission Utility (STU), in the Indian state of Chhattisgarh.

India’s energy transition is not about a single breakthrough but about steady steps across multiple fronts. Ethanol has shown how supportive policy and the right technologies can deliver both farmer security and fuel stability. BioCNG can turn waste into a resource, helping both cities and villages. Hydrogen, though still in its early stages, is slowly laying the foundations of a long-term clean energy system.

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 witnessed above-average precipitation and prolonged cloud cover through July and August, limiting the potential of PV generation across many states. Several regions, including Punjab, Haryana, and the Himalayan foothills, were hit hardest by flooding and thunderstorms. The increase in atmospheric moisture and aerosol scattering led to reduced Global Horizontal Irradiation (GHI) and reduced energy output.

Recyclability has to be considered a core engineering constraint by the battery industry. Adhesives and composites use could be reduced along with designing packs with cell visibility and enabling cell level separation should be a thing of the future. Standardization, which has been avoided for competitiveness for now, must be implemented since that will actually reduce costs across the value chain in the long term.

India’s renewable energy journey has long been narrated through the lens of capacity: gigawatts added, modules produced, plants commissioned. While these indicators are important, genuine leadership will arise from our ability to embed advanced materials, high-efficiency solar cell architectures like TOPCon, N-Type and rear-contact technologies, robotics-driven precision manufacturing, and AI-enabled predictive monitoring into our value chains.

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.