GlobalData says global renewable capacity will more than double to 8.4 TW by 2031, with PV reaching nearly 6 TW, a 13% compound annual growth rate from 2025 levels of 4.1 TW.
As India’s clean energy ambitions scale, investment will increasingly follow regions that can deliver outcomes, not just intent. Gujarat’s experience suggests that long-term renewable growth depends as much on institutional preparedness and grid integration as it does on natural resources.
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.
As India’s renewable ecosystem continues to mature, open access solar is set to become a cornerstone of corporate energy strategy—delivering both financial savings and sustainability gains. Policy clarity, improved transmission infrastructure, and incentives for storage integration will be critical to unlocking the next phase of growth
In its second monthly column for pv magazine, the Becquerel Institute explains that Europe has vast commercial and industrial rooftops suitable for solar, but decades-old structural limits block conventional PV panels, creating an 85 GW untapped potential. Lightweight PV modules, commercially available and up to 50% lighter, can unlock this constrained market, meeting regulatory, economic, and technical needs for solar deployment across the continent.
India’s renewable energy expansion will extend beyond utility-scale projects to distributed renewable energy, green open access and emerging prosumer models enabled by digital platforms and the India Energy Stack as the nation advances toward its vision of becoming a developed nation by 2047.
ABB will invest a further $75 million in India during 2026 to significantly expand its manufacturing and research and development (R&D) capabilities for critical electrification and automation solutions.
Industrial energy procurement has broadened in scope. Tariffs remain an important part of the decision, alongside a wider set of considerations. Buyers now weigh reliability, predictability, sustainability, and long-term exposure alongside price.
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.
The next clean-energy boom will be driven not only by renewable generation but by intelligent storage. Tech-enabled, solar-compatible battery energy storage systems (BESS) will make clean energy predictable, resilient, and commercially viable at scale.
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