Markets & Policy

Tier-2 and Tier-3 cities are no longer behind in the solar journey, they are becoming the main growth drivers. With better government support, easier net-metering rules, and more awareness about savings, people in smaller cities are now ready for rooftop solar in a big way.

Market pressure in the solar and storage sectors often favors low-cost solutions, but long-term success depends on balancing price, quality, and reliability for assets designed to operate for decades. Numerous examples, from low-grade silicon modules to residential hydrogen and redox flow storage, show how technically ambitious products can fail when costs, complexity, or durability are misjudged.

China’s Ministry of Commerce has raised a complaint at the World Trade Organization (WTO) regarding India’s solar subsidies, claiming they give the country’s domestic industry an unfair advantage and harm Chinese interests.

Waaree Solar Americas has entered into a binding term sheet with United Solar Holding Inc. (USH), a Cayman Islands-based company, to invest around $30 million through the subscription of Series B preferred shares. The investment is a strategic move by Waaree to secure a long-term, fully traceable polysilicon supply chain to support its rapidly expanding manufacturing footprint in the U.S. and globally.

Trincomalee Power Co. Ltd (TPCL), a 50:50 joint venture between Sri Lanka’s Ceylon Electricity Board and India’s NTPC Ltd, has invited bids for the EPC package of a 50 MW (AC), Phase I ground-mounted solar project at Sampoor, Sri Lanka, while NTPC Green Energy Ltd. (NGEL) has floated a separate tender for an EPC package with land to develop cumulative 100 MW agri-PV projects across four Indian states.

Every new 5G deployment, data centre expansion, or broadband rollout depends on power and cooling architectures that operate quietly in the background, ensuring continuity, efficiency, and resilience.

The largest area of green financing is energy-efficient machinery, which supports MSMEs in modernising production lines and reducing operational energy consumption. Significant capital is also being channelled into rooftop solar installations, electric vehicles, and enterprises operating in the water, sanitation, and hygiene (WASH) sectors, across clusters such as manufacturing, healthcare, and food processing.

Maxeon has filed a lawsuit in Germany claiming Aiko Solar, and four of its German product distributors, breached a patent related to its back contact solar technology. It is the third such lawsuit Maxeon has opened against Aiko.

A new report by KPMG outlines strategies to enhance resilience and competitiveness in India’s electric vehicle (EV) ecosystem amid sharply rising demand for critical raw materials such as lithium, nickel, cobalt, and rare earth elements.

Jakson Engineers Ltd will set up a high-tech solar PV module recycling plant capable of recycling around 5,00,000 PV modules, or approximately 13,500 tonnes of modules per year, recovering critical materials and enabling responsible end-of-life solar management. The recycling line will be supplied by Ecoprogetti.