Asia

Businesses today are dealing with constant uncertainty—whether it’s rising power tariffs, fuel price volatility, or supply constraints. Solar brings a level of stability that is hard to achieve otherwise.

The growing availability of financing options has had a visible impact on solar adoption. States with well-developed financing ecosystems and supportive policies have recorded significantly higher growth in rooftop installations. In some regions, adoption rates have increased multiple times within a short period.

GAIL (India) Ltd, India’s leading natural gas company, has approved the setting up of 700 MW of solar power projects for captive consumption, with an investment of INR 3,800 crore, in the states of Uttar Pradesh and Maharashtra.

CleanMax has signed a round-the-clock renewable power supply agreement with Sangam India Ltd for a 30 MWp solar and 20 MW wind hybrid renewable project, backed by a 2 MWh battery energy storage system.

CRISIL Ratings has assigned ‘A-/Stable’ long-term and ‘A2+’ short-term ratings to the bank facilities of SAEL Industries Ltd (SIL), a vertically integrated renewable energy company.

GAIL (India) Ltd has approved the development of a 600 MW greenfield solar project integrated with a 550 MWh co-located battery energy storage system (BESS) in Uttar Pradesh. The estimated project cost is INR 3,294.86 crore, to be financed through a mix of debt and equity.

As electric mobility enters its software-defined era, the Battery Management System is emerging as one of the most strategic enablers of vehicle differentiation. Its role extends far beyond protection; it now determines how efficiently energy is used over long drives, how accurately range is predicted, how safely fast charging is managed, and how well the battery ages over time.

Reliance Industries Ltd has become the first company to secure the inclusion of heterojunction (HJT) solar cells in the Approved List of Models and Manufacturers (ALMM) published by the Ministry of New and Renewable Energy. The enlisted cell manufacturing capacity stands at 1,238 MW per year, covering 210 mm × 105 mm formats with zero-busbar designs. The cells are rated with efficiencies of up to 25.6% and power outputs ranging from 5.28 W to 5.66 W.

Jakson Group has expanded its energy solutions portfolio with the launch of rooftop solar kit and battery energy storage systems (BESS).

A new report by the India Energy Storage Alliance (IESA) and Customised Energy Solutions (CES) projects India’s behind-the-meter (BTM) stationary energy storage market to grow from 32 GWh in annual demand in 2025 to over 39 GWh by 2033.