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Markets & Policy

BII, CIP launch $300 million platform to support renewables project development in India

British International Investment (BII) has launched a $300 million platform to accelerate renewable power projects in India, with $150 million each from BII and Danish fund manager Copenhagen Infrastructure Partners (CIP).

Carbon emerging as a business, trade and credit risk variable for India Inc.: Rubix Data Sciences

The country’s contribution to the voluntary carbon market has been significant, with over 375 million credits issued and a comparable share retired globally.

The Hydrogen Stream: Ireland’s LCOH on par with Morocco, Brazil

Fraunhofer ISE, in collaboration with Irishi energy company ESB, developed a methodology showing that Ireland is a competitive location for renewable power-to-X and green hydrogen production with costs comparable to Morocco, South Africa, and Brazil, supported by strong wind resources, policy backing, and infrastructure potential.

Toyo denies Ethiopia duty evasion, confirms 4 GW ramp and U.S. cell plant

Toyo Co. says a new anti-circumvention petition targeting its Ethiopian solar cell facility is “riddled with misinformation.” The Japanese manufacturer tells pv magazine that the site reached 4 GW of capacity last year and that it is planning a U.S. onshore cell plant.

Solex Energy FY26 revenue rises 143.9% to INR 16.21 billion

Solex Energy Ltd has reported total revenue of INR 16.21 billion for FY26, marking a 143.9% year-on-year increase.

Siemens Energy India Q2 FY2026 revenue up 27.4% YoY

Siemens Energy India Ltd has reported a revenue from operations of INR 2,394 crore for the quarter ended March 2026, marking a 27.4% year-on-year increase from INR 1,880 crore in the corresponding quarter of FY 2025. Profit after tax increased 52.4% YoY to INR 375 crore.

Inox Clean buys US assets of Boviet Solar

Through this asset purchase, Inox Clean gains an operational capacity of 3 GW of TOPCon solar module manufacturing in the United States, positioning it in line with the “Make in America, For America” initiative.

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Solar industry faces rising risks from fires and battery faults

The 8th annual Solar Risk Assessment from kWh Analytics identifies equipment-driven fires, regulator fines, and battery inaccuracies as the latest threats to renewable asset returns.

India added record 15.3 GW solar capacity in Q1 2026: Mercom

One of the key drivers behind the record solar capacity additions in Q1 2026 was the upcoming implementation of ALMM List-II from June 2026. The policy deadline prompted developers to accelerate project commissioning under the existing procurement framework amid concerns over limited domestic DCR cell availability and rising module procurement costs, according to Mercom.

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“India’s battery energy storage market is transitioning from aggressive tendering to execution-led scale” — Ratul Puri, Chairman, Hindustan Power

Ratul Puri, Chairman of Hindustan Power, speaks to pv magazine about the key challenges in scaling renewable energy deployment, the growing role of battery storage and carbon markets, and Hindustan Power’s strategy in supporting India’s clean energy transition.

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