Trump orders pause to IRA funding
An executive order released by the White House states, “All agencies shall immediately pause the disbursement of funds appropriated through the Inflation Reduction Act of 2022”.
Avaada Group closes $1 billion financing for its diverse projects for Q3 FY 2025
Avaada Group has completed INR 8,500 crore ($1 billion) in financing/refinancing for its large-scale solar projects, agrivoltaic projects under the PM-KUSUM scheme, commercial and industrial (C&I) projects and solar module manufacturing facilities.
Blue Energy to set up EV truck, battery manufacturing facility in Maharashtra
Blue Energy Motors has signed an agreement with the Government of Maharashtra to set up a manufacturing facility designed to produce 30,000 EV trucks annually. The facility will also house a battery pack line.
Corporate funding in solar sector globally falls 24% to $26.3 billion in 2024
Mercom Capital Group says inflation, high interest rates, trade disputes and policy ambiguity all contributed to a drop in corporate funding and merger and acquisition (M&A) activity in the solar sector last year.
Government mulling incentives for battery cell component manufacturing
India can become self-reliant in battery cell manufacturing if lithium remains in the country through recycling and used in batteries once again, added Vijay Mittal, Joint Secretary, Ministry of Heavy Industries, at the 4th India Battery Manufacturing and Supply Chain Summit 2025.
Global cleantech investment expected to surpass fossil fuels for the first time in 2025
Global clean energy supply investments will reach $670 billion this year, said a report from S&P Global Commodity Insights.
Exide Industries invests INR 149.99 crore in lithium battery arm
Exide Industries Ltd has made equity investment of INR 149.99 crore, on rights basis, in Exide Energy Solutions. The investment will fund Exide Energy Solutions’ greenfield lithium battery plant in Bengaluru and meet its various funding requirements.
The ease of financing in the solar sector
Innovative models that provide pay-as-you-go solar systems, peer-to-peer energy trading, and crowdfunding platforms could expand access to renewable energy for underserved communities.
GEAPP joins ISA’s multi-donor trust fund initiative to mobilize $100 million solar finance
The Global Energy Alliance for People and Planet (GEAPP) has strengthened its partnership with International Solar Alliance (ISA) by signing ISA’s Multi-Donor Trust Fund, which aims to mobilize $100 million to fund high-impact solar energy projects.
Why timely solar project delivery matters more than ever in 2025
India’s renewable energy sector symbolizes hope—for environmental sustainability, economic growth, and global leadership. However, poor execution could derail this vision. The renewable energy industry cannot afford to repeat mistakes seen in infrastructure, where overcommitting and underdelivering have compromised credibility and delayed progress.
