Markets & Policy

Waaree Energies Ltd has appointed Jignesh Rathod as its Chief Executive Officer (CEO), following the recommendation of the Company’s Nomination and Remuneration Committee and approval by the Board of Directors.

India is moving decisively beyond capacity addition toward system-level maturity. Expanded transmission planning, a more diversified energy mix and better regulatory clarity signal a market design that is becoming ever more dynamic and future ready.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that the global peak of solar output in 2025 occurred on April 29, at 06:00 UTC, estimated at 539 GW.

India’s battery storage landscape is undergoing a decisive transformation in 2025. Across utilities, regulators, and developers, BESS has moved beyond early-stage exploration and is increasingly recognized as an essential component for grid stability, renewable integration, and long-term energy planning.

Adani Green Energy Ltd (AGEL) has claimed the top spot in the latest Energy Intelligence Top 100 Green Utilities ranking, pushing past China’s National Nuclear Corp. and Spain’s Acciona.

Waaree Energies is looking to deepen its presence in Europe as the European Union’s Net-Zero Industry Act (NZIA) reshapes solar procurement and curbs reliance on Chinese module suppliers. “As a listed, Tier-1, bankable manufacturer with a proven multi-gigawatt track record, we offer the scale and credibility European developers now prioritise,” says Sunil Rathi, executive director, Waaree Group.

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.