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Markets & Policy

India’s green hydrogen leap presents INR 8-10 trillion opportunity

India’s target of achieving 5 million tonnes per annum of green molecule production by 2030 presents an investment opportunity of INR 8-10 trillion across building the infrastructure for electrolyzer production, renewable energy generation and green molecule production.

China approves polysilicon futures

The China Securities Regulatory Commission (CSRC) has approved polysilicon derivatives to address rising price volatility and structural imbalances between supply and demand in the solar-grade polysilicon market.

Solar wafer prices stabilize as supply rationalizes, regional policies shape production and trade

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.

Madhya Pradesh allots land for solar manufacturing projects

Madhya Pradesh has received solar manufacturing proposals from Grew Energy, Insolation Green Energy, Premier Energies Global, Saatvik Solar and other companies. Land allotment letters for these industrial units were recently given away by the State’s chief minister.

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US doubles solar polysilicon and wafer tariffs on China

The US government has doubled Section 301 tariffs on imported solar polysilicon and wafers from China to 50%. The materials are vital for manufacturing solar panels, from refining polysilicon to assembling modules.

ReNew to delist from NASDAQ

A consortium of ReNew Energy Global promoters including Masdar, CPP Investments, Abu Dhabi Investment Authority (ADIA) and Sumant Sinha has offered to buy out the company’s publicly listed shares.

Waaree Energies, IIT Bombay collaborate to drive perovskite solar R&D

Waaree Energies will support creation of an advanced fabrication and characterization setup for high-efficiency perovskite solar cells at IIT Bombay.

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Jakson Green partners Dutch solar desalination company Desolenator

Jakson Green and Netherlands-based Desolenator have partnered to scale Desolenator’s solar desalination technology for deployment in India and other countries, addressing the growing global water challenges.

Marico now meets 67% of its energy requirement through renewable sources

The FMCG major aims to achieve net-zero operational emissions in India (across owned manufacturing units) by 2030 and in global operations by 2040.

BNEF: Lithium-ion battery pack prices drop to record low of $115/kWh

Battery prices continue to tumble on the back of lower metal costs and increased scale, squeezing margins for manufacturers. Further price declines are expected over the next decade.

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