Amid rising demand from the solar energy sector, the Aluminium Extrusion Manufacturers Association of India (ALEMAI) has urged the government to take urgent policy measures to reduce dependence on imported aluminium extrusions and support domestic manufacturers.
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved an INR 1,500 crore incentive scheme to develop recycling capacity in the country for the separation and production of critical minerals from secondary sources.
Bangladesh has canceled 5.68 GW of planned solar capacity across 34 projects after developers failed to secure implementation, power purchase or land lease agreements, raising investor concerns over policy stability.
India’s Goods and Services Tax (GST) Council has announced a reduction in the GST rate on solar cells—whether or not assembled into modules—from the current 12% to 5%. The revised rates will take effect from September 22.
The lowest green ammonia price discovered so far in the SIGHT Mode 2A auctions is just 10.1% higher than the current grey ammonia prices in India (US$515 per MT). Notably, the low cost of Rs 49.75 per kg in the Mode 2A auctions is almost half of a similar green ammonia auction conducted by H2Global in 2024, suggesting an imminent price parity between grey and green ammonia.
India added 18 GW of new solar power capacity in the first half of 2025, with over 11 GW installed in the second quarter alone.
The Union Government is finalizing the roadmap and financial outlay for the much-anticipated Carbon Capture, Utilisation and Storage (CCUS) Mission, said Rajnath Ram, Adviser for Energy, Natural Resources & Environment at government policy thinktank NITI Aayog.
The US Energy Information Administration (EIA) says developers plan to add 21 GW of solar in the second half of 2025 alone.
India’s solar module manufacturing capacity has reached around 100 GW, enough to meet domestic demand. However, with total module capacity rising to 190 GW by March 2027 and export opportunities narrowing, the market faces oversupply crisis, states a new report by SBICAPS.
The revised timeline for the implementation of the Approved List of Models and Manufacturers for Solar Cells (ALMM-II) offers temporary relief to solar developers amid persistent domestic cell supply constraints. However, it also introduces fresh regulatory challenges, particularly around tariff renegotiations for recently awarded projects, according to analysts at CareEdge Ratings.