Clean energy spending rises 40% to $5 billion as government prioritises CCUS, domestic supply chains and strategic manufacturing. However, execution delays and underutilisation of allocated funds could limit the near-term impact, according to an analysis by Wood Mackenzie. 

By embedding quality benchmarks into procurement and manufacturing incentives, policymakers are ensuring that India’s energy transition is durable, not disposable. The focus has moved from rapid installation to long-term reliability — a sign of sectoral maturity.

GREW Solar has raised INR 1,050 crore in a new funding round led by Bay Capital Investment Ltd, with participation from two other institutional investors. The company said it will use a significant portion of the proceeds to expand the manufacturing capacity of its upcoming PV cell facility from 3 GW to 8 GW.

Advait Energy Transitions Ltd has reported strong financial performance for the third quarter and first nine months of FY26, driven by execution momentum across its power transmission solutions and new & renewable energy businesses.

The US Department of Justice (DoJ) has withdrawn from defending the executive order that paused certain tariffs on imported solar components, leaving private industry groups and companies to continue the appeal. The withdrawal increases legal uncertainty over potential retroactive duties tied to imports from Cambodia, Malaysia, Thailand, and Vietnam.

AM Group has commenced development of its 1 GW AI and High-Performance Computing data center project in the Indian state of Uttar Pradesh. The facility will be powered by firm and on-demand carbon-free energy at competitive tariffs enabled by renewable generation and pumped storage assets managed through an in-house intelligent cloud energy architecture.

Greenzo Energy India and Lord’s Mark Industries have signed a Memorandum of Understanding (MoU) to jointly develop around 60 MW of green hydrogen capacity, along with integrated solar rooftop projects coupled with battery energy storage systems.

The company also reported a 6.6-fold increase in net profit for the first nine months of FY2026.

Brazilian scientists have developed a slope-based framework for agrivoltaics, finding that sites below 15% gradient offer the best balance between agricultural suitability and technical feasibility. Their review of 30 studies shows that steeper terrain can host PV systems with adapted designs, land-use limits, erosion risks, and rising installation costs.

The move marks Saatvik’s entry into the independent power producer (IPP) segment with a 41 MW PPA-backed project in Maharashtra, advancing its transition from solar manufacturing and EPC to a fully integrated renewable energy platform.

NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Assago Industries for the supply of green ammonia, CO₂, renewable power, and other utilities to support the production of 1,000 tonnes per day (tpd) of green urea.

We are preparing for a future where transformers are dynamic energy hubs, stabilizing a grid that is constantly fluctuating between charging EVs and absorbing solar export.

The role of carbon steel pipes in India’s energy and infrastructure grid will continue to evolve alongside the country’s development priorities. As networks expand and operating conditions become more demanding, value will be defined not by capacity alone, but by lifecycle performance, reliability, and sustainability.

The system operator regularly had to curtail solar generation as an emergency measure to maintain grid security, as other resources were already flexing to their maximum capabilities. Lost solar generation highlights the need for flexibility to grow at pace with solar capacity.

Ahead of the presentation of the Union Budget 2026–27, stakeholders across India’s solar and energy storage ecosystem have urged the government to focus on tax reforms, expansion of production-linked incentive (PLI) schemes with targeted allocations, faster viability gap funding (VGF) disbursements, additional funding for residential rooftop solar, improved access to long-term and affordable green finance, and a stronger push for circular economy initiatives and grid modernisation.

Rising silver prices are putting pressure on solar manufacturers, prompting greater focus on copper and other alternatives to reduce costs. Heraeus says it expects silver demand from photovoltaics to decline this year despite stable global installations.

Gujarat-based Powertrac Group has announced an investment of INR 600 crore to establish a 1 GWh containerized battery energy storage system (BESS) manufacturing facility. The facility will focus on lithium iron phosphate (LFP)-based battery pack assembly, along with in-house battery management system (BMS) development and integration.

The world of batteries needs alternative chemistries to skirt weaknesses with lithium-ion. Sodium-ion is a big hope, and in portable power, Bluetti’s new product shows promise, and limitations.

High-resistivity silicon wafers offer superior efficiency potential but are highly sensitive to edge recombination and mechanical damage, limiting their commercial use compared to more robust standard wafers. Researchers from Longi and Sun Yat-sen University demonstrated that integrating in-situ edge passivation unlocks this potential, significantly boosting back-contact solar cell fill factor and efficiency.

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 IceBattery thermal energy storage system enables stable temperature control for perishable and sensitive cargo during rail and road transport without continuous power supply or diesel-powered refrigeration.

Advait Energy Transitions has commenced execution of a 50 MW/100 MWh battery energy storage system (BESS) project awarded by Gujarat Urja Vikas Nigam Ltd (GUVNL). It had secured the project under GUVNL’s Phase IV BESS tender on a build-own-operate (BOO) basis.

Advait Energy Transitions Ltd has emerged as the lowest bidder for a 150 MW/300 MWh capacity under Gujarat Urja Vikas Nigam Ltd’s (GUVNL) tender for setting up 335 MW/670 MWh of standalone battery energy systems in Gujarat.

EVE Energy says a 200 MW/400 MWh battery energy storage project in China has entered operation, which it describes as the world’s first utility-scale deployment of 628 Ah lithium iron phosphate (LFP) cells.

Amara Raja Energy & Mobility’s Board of Directors has approved the incorporation of a wholly owned subsidiary in the US for strengthening the company’s customer servicing capabilities and facilitating global business expansion.

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.

Green energy development today is being undertaken in a complex environment that is influenced by long-term capital commitments, changing regulation, and greater public and investor scrutiny. In this context, corporate relations is no longer restricted to disclosures, or media relations. It has become a strategic function that affects the way organisations are understood, evaluated and trusted over the course of time.

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 the country accelerates towards a greener future, the focus is rapidly shifting to financing the entire electric vehicle (EV) ecosystem, spanning charging infrastructure, batteries, fleet operations, and clean energy integration. This transition marks the emergence of EV Financing 2.0: a more holistic approach that goes beyond point-of-sale lending to enable sustainable, scalable, and economically viable green mobility.

Green hydrogen will scale not through isolated technology breakthroughs, but through disciplined engineering execution. Projects that embed electrolysers within robust, flexible, and future-ready Balance-of-Plant architectures will define the next phase of industrial decarbonisation and renewable energy integration worldwide.