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Markets & Policy

New sodium-ion developments from CATL, BYD, Huawei

Sodium-ion batteries are undergoing a critical period of commercialization with Chinese cleantech juggernauts actively working on their products.

Only 7% of Indian companies with net-zero targets hail from high-emission sectors: ICRA ESG Ratings

The ICRA report states that the 127 companies committing to net zero target through science-based target initiative (SBTi) are primarily from non-hard-to-abate sectors like textiles, software, and pharmaceuticals.

How developing economies are leading the surge in solar power

Favorable government policies have played a crucial role in driving the adoption of solar energy in emerging economies. However, investment in grid modernisation and energy storage solutions is crucial to unlock the next level of sustainable solar integration in these economies.

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Waaree wins as pv magazine Awards recognizes Indian solar manufacturing

Gujurat based Waaree Energies takes the Publisher’s Pick prize at the pv magazine Awards 2024 in recognition of the company’s impressive solar production capability and ambitious plans for the future. It is the first time an Indian PV company has received this award.

US sets antidumping duties for Southeast Asian solar cells

US trade officials have announced preliminary affirmative determinations for antidumping duties on crystalline solar cell imports from Cambodia, Malaysia, Thailand and Vietnam. The tariffs range from 21.31% to 271.28% depending on the company and country.

Hungary deploys 1.3 GW of solar in January-October period

Hungary installed 1.3 GW of solar between January and October, bringing its cumulative PV capacity to 7.3 GW by the end of October, according to new government data.

Germany commits €24 billion to build national hydrogen network

KfW Development Bank has offered €24 billion ($25.2 billion) grant to bridge the gap between network operators’ high investment costs and the initially low revenues from network charges.

India added 20 GW solar in twelve months ending October

A strong pipeline exists, and SBICAPS expects cumulative 50 GW of solar and wind additions in FY 2025 and FY 2026.

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No FCPA violation charges against directors, clarifies Adani Green Energy

Adani Green Energy Ltd has clarified that its directors, namely, Gautam Adani, Sagar Adani and Vneet Jaain have not been charged with violations of the U.S. Foreign Corrupt Practices Act (FCPA) in the indictment by US prosecutors in an alleged solar-related bribery case. 

U.S. Congressmen introduce bill to block implementation of 45X tax credit

Congressmen John Moolenaar and Jared Golden introduced a new bill that aims to halt advanced manufacturing tax credits.

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