NTPC has secured a power purchase agreement (PPA) with Indian Army for sale of power from its solar-hydrogen based microgrid project at Chushul (Ladakh).
Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.
Regulatory and fiscal incentives to set up specialized labs in collaboration with leading international and domestic research institutions, reduction of Goods and Services Tax (GST) on turbines and solar modules, and ISTS charges waiver extension are on the budget wishlist of the renewable energy industry in India.
With the Union Budget 2025-26 approaching, the solar industry anticipates key policy and financial measures to sustain this momentum. The budget is expected to increase funding for green technologies, including solar, wind, and green hydrogen.
A new study in Germany shows the advantages of thermal energy storage in the decarbonization of industrial processes. The researchers noted clear cost advantages and high potential for flexibility in the power grid.
Zenaji, an Australian manufacturer of lithium-titanium-oxide (LTO) batteries, says the LTO market will hit $5.8 billion by 2032, growing at a 12.6% annual rate. It claims that its Eternity battery system is poised to capitalize on the trend.
Solis has launched its Solarator series hybrid inverters for residential and commercial solar storage applications in India. The inverters are generator-compatible.
Gujarat’s commitment to balancing industrial growth with environmental sustainability is a model for other states to follow. By harnessing solar energy, advancing green hydrogen production, and promoting energy storage technologies, the state is building a robust framework for a sustainable future.
Advait Energy Transitions will set up a 2,000 mtpa green hydrogen plant on a turnkey basis and provide operation and maintenance (O&M) services for the plant for one year from commissioning.
The 2025-26 Union Budget has the potential to be a defining moment in India’s journey toward a net-zero economy. By addressing key areas such as renewable energy, green hydrogen, sustainable mobility, and community-level projects, the government can create a robust framework for decarbonization.
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