Markets & Policy

India’s renewable energy push is inherently decentralized. Solar parks in Rajasthan, wind farms in Gujarat and Tamil Nadu, and hybrid projects across states are often located far from consumption centers. Bridging these geographical gaps requires robust, resilient, and future ready transmission network. Without it, even the most ambitious generation targets risk underutilization.

Clean energy subsidies for renewable energy and electric vehicles (EVs) represent only 10% of India’s total energy subsidies. Though gradually expanding, these remain vulnerable to global oil price shocks due to structural fiscal dependence on oil and gas revenues. 

Pace Digitek Ltd has partnered with NEC XON Systems, South Africa, to market, distribute and deploy its grid-scale battery energy storage systems (BESS) and related energy solutions across South Africa, Botswana, Mozambique, Namibia and Mauritius.

The U.S. Department of Commerce has issued preliminary anti-dumping determinations for three key solar-exporting nations, establishing duties of up to 123% on crystalline silicon photovoltaic cells and modules.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

The clean energy transition carries a real risk of replicating the extractive habits of the fossil fuel era, just with different inputs. Land grabs for solar. Rare earth mining for batteries. Water consumption for green hydrogen. None of these are arguments against the transition. They are arguments for doing it intelligently. Floating solar is one example of that intelligence made practical.

State that aligns policies—and target specific segments of the EV and battery value chain—based on their comparative advantage, can better attract investments, deepen local value addition and create integrated manufacturing ecosystems.

India’s renewable power generation from solar, wind, hydro and bioenergy rose by a record 98 TWh (+24%) in 2025, driven by strong growth in solar and wind, according to a report by Ember. The increase was twice the nation’s electricity demand growth of 49 TWh, which was abnormally low owing to milder temperatures and slower industrial activity. As a result, India’s fossil power generation fell by 3.3%. 

Indian solar manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals, a Jaipur-based transformer manufacturer. The acquisition gives Saatvik a manufacturing footprint in power transmission equipment, a segment linked to India’s renewable energy expansion.

China’s solar industry has launched its first TOPCon-focused patent pool, led by Trina Solar, JA Solar, and JinkoSolar, to streamline licensing, reduce disputes, and strengthen IP coordination at home and abroad.