India’s Enhanced Innovations has developed the Phloton active cooling vaccine carrier with a 14-hour lithium battery backup and solar charging support.
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.
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.
Residential rooftop solar scheme PM Surya Ghar Muft Bijli Yojana (PM-SGMBY) has the potential to catalyze an INR 1.2 trillion ecosystem, with PV module, inverter, mounting equipment, and electrical component manufacturers as the primary beneficiaries alongside project developers and EPC players, says a new report by SBICAPS.
The nation has reached a cumulative installed renewable energy capacity of 209.44 GW as of Dec. 31, 2024, with major contributions from solar (97.86 GW) and wind resources (48.16 GW).
Anker introduced an off-grid solar perovskite umbrella and a cooler with battery energy storage at CES 2025 in Las Vegas, Nevada.
India’s climate policies on power, transport and residential sectors, such as scaling renewables to advancing energy efficiency and electric mobility, have already mitigated 440 million tonnes of carbon dioxide (MtCO2) between 2015 and 2020, and are on track to save 3,950 MtCO2 emissions between 2020 and 2030. However, achieving net-zero by 2070 needs bolder action.
India installed about 17.4 GW of solar capacity from January to September 2024. This included about 13.2 GW from utility-scale PV installations, 3.2 GW rooftop projects and 1 GW offgrid/distributed PV capacity.
The seventh session of the International Solar Alliance (ISA) Assembly has elected India as President and France as co-president for a period of two years from 2024 to 2026.
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