Markets New analysis shows battery electric vehicles now displace 1.2 million barrels of oil per day, a fivefold increase from 2021. The report highlights that BEVs account for 25% of new global car sales, though they still represent a small fraction of the total vehicle fleet.
Markets An analysis of 4,525 U.S. solar job listings shows that O&M roles increasingly require diverse technical skills across electrical, mechanical, and digital domains. Despite this complexity, only 9% of postings strictly mandate an electrician license, with most treating it as preferred or state-dependent.
Policy MNRE’s 14th ALMM-II revision lists Reliance Industries with an annual capacity of 3,369 MW for its heterojunction technology cells. The company is currently the only HJT-based solar cell manufacturer in India, having commissioned its first production line in Jamnagar.
Solar A new study by The Brattle Group finds that addressing barriers to distributed energy resources could save the US $614 billion through 2050. The analysis, funded by the Pew Charitable Trusts, highlights how expanded rooftop solar, storage, and demand flexibility can reduce grid investment needs.
Solar Tongwei has developed a TOPCon solar cell featuring a high sheet resistance selective emitter, achieving a certified efficiency of 26.03%. The research, published in Solar Energy Materials and Solar Cells, demonstrates that this structure can improve minority carrier lifetime and maintain high fill factors.
Storage Snowy Hydro has confirmed that the Snowy 2.0 project will face a 10-month commissioning delay and increased costs, prompting AEMO to revise its annual Electricity Statement of Opportunities. The updated report, expected in early December, indicates no unserved energy before 2032-33 but flags potential blackout risks in NSW, SA, and Victoria.
Solar JAKSON Engineers plans to build 3 GW of integrated ingot, wafer, and cell capacity in India by the end of 2028, utilizing TOPCon 3.0 technology. The company also identifies a potential post-2028 expansion to 10 GW of ingot-wafer capacity, subject to market conditions.
Markets US solar module imports fell 37.7% year-on-year in the first half of 2026, according to InfoLink data, with African sources becoming the largest import origin in July. Trade policy uncertainty and domestic capacity buffers are cited as primary drivers of the decline.
Wind Peoria County, Illinois, has approved the 500-megawatt Four Creeks wind farm, a $1.5 billion project by Repsol Renewables, following a 12-5 vote. The development includes 113 turbines on 27,000 acres and is expected to generate significant local tax revenue over its lifespan.
Finance Three major Chinese solar manufacturers disclosed financial results showing increased net losses for the first nine months of 2026. JA Solar, Longi, and Tongwei all reported revenue declines year on year alongside expanded deficits.
Finance Sunrun reported $1.1 billion in Q3 2026 revenue, a 51.7% year-over-year increase, while SolarEdge outlined cost reductions amid softer demand. Shoals and Array Technologies announced a merger, with Shoals reporting strong growth and Array posting a net loss.
Storage Wood Mackenzie analysis indicates that sodium-ion battery supply agreements have exceeded 70 GWh, driven primarily by Chinese manufacturers. While cell-level cost parity with lithium iron phosphate is expected by late 2026, full system-level parity is projected to arrive only after 2030.
Markets University of Glasgow researchers have demonstrated a laser-based recycling technique that selectively recovers more than 95% of silver from end-of-life crystalline silicon modules. The study, published in Communications Materials, shows that targeting the encapsulant-silicon interface with a fiber laser enables high-purity material separation without energy-intensive pyrolysis.
Policy The Union Cabinet has approved a five-year capital expenditure support scheme to establish domestic processing capacity for lithium and nickel. The initiative aims to reduce India's dependence on imports of high-purity materials for sectors like electric mobility and defence.
Markets The IEA forecasts that global renewable capacity will add 4,800 GW between 2026 and 2031, a 57% increase over the previous six years. The report states that energy security, rather than climate goals, is the primary driver of this expansion, with solar PV accounting for over three-quarters of new capacity.
Solar Researchers in Iran developed a computational model to predict hailstone trajectories and PV module damage, highlighting that wind direction significantly influences impact severity. The study suggests panel orientation should consider local hailstorm conditions rather than energy production alone.
Markets Industry experts presented at a Mumbai conference, detailing that green hydrogen currently costs $3.50-$4.50 per kg compared to $2 for grey hydrogen. They identified renewable power costs and electrolyser utilisation as key factors for improving project economics and securing financing.
Finance Tata Power has filed a First Information Report against Kleros Capital Partners and seven others, alleging criminal conspiracy and the misuse of confidential information. The company estimates its direct loss at approximately $8 million, distinct from the $490 million principal awarded in the underlying arbitration.
Policy The Australian government has formally revoked plans for new anti-dumping duties on imported steel used in solar projects. The decision follows an appeal by Nextpower Australia, which warned the measures would harm ongoing energy transition projects.
Solar SunWiz data shows October rooftop solar installations hit 305 MW, keeping the year on track for its highest annual total. Mid-scale system growth is currently stalled as installers wait for new Small-scale Renewable Energy Scheme registrations to open in late 2026.
Wind The 704-mW Revolution Wind project near Connecticut and Rhode Island has reached full commercial operations, becoming the third utility-scale offshore wind farm in the US. The $6.2 billion project powers over 350,000 homes after overcoming multiple stop-work orders and legal challenges.
Markets The Council on Energy, Environment and Water projects India's solar panel component market to more than double to $7.8 billion by March 2028, up from $3.6 billion in September 2026. The study highlights varying timelines for domestic capacity to meet demand across six key components, with junction boxes already self-sufficient and solar glass lagging until 2028.
Finance Saatvik Green Energy reported Q2 FY27 revenue of ₹902.61 crore, a 76.63% increase quarter-on-quarter, while first-half profit fell 87.28% to ₹25.61 crore. The company attributes the profit decline to strategic investments and notes its confirmed order book stands at 6.68 GW.
Storage Solar-plus-storage now accounts for over 90% of new U.S. grid capacity, driven by data center expansions and rising demand. Developers are adapting through AC-coupled architectures, terrain-following trackers, and stricter construction deadlines.
Storage Researchers at Pennsylvania State University modelled a residential system pairing heat pumps with potassium carbonate thermochemical storage to manage cold-weather demand. The study identifies specific efficiency targets needed to make the technology viable for long-duration heating.
Finance Websol Energy System reported a 73% year-on-year increase in Q2 FY27 profit after tax to INR 80.21 crore, driven by revenue that more than doubled to INR 361 crore. The company also secured a 54.20-acre land allotment in West Bengal for a planned 4 GW greenfield solar cell facility.
Markets LevelTen Energy reports that North American solar PPA prices increased by 4.9% quarter over quarter in Q3 2026, while wind prices remained essentially flat. The report notes that Section 232 tariffs on imported polysilicon are set to take effect in December.
Markets A new report by The Brattle Group estimates that scaling virtual power plants to 524 gigawatts by midcentury could prevent $614 billion in unnecessary grid investments. The study highlights that current uncertainty in load forecasts, driven by AI data centers, makes flexible distributed resources critical for cost avoidance.
Policy The 750 MW wind and 500 MW battery project near Eneabba received unanimous approval from state and local panels on Tuesday. Planners' requests to reduce turbines or change the project name were rejected, though the developer remains open to renaming.
Solar The Indian Solar Manufacturers Association projects that agricultural solarisation could drive 116 GW of additional module demand in India. The report highlights current PM-KUSUM progress and recommends policy measures to support domestic manufacturing.
Wind Nabrawind’s Nabralift system, which eliminates the need for crawler cranes, is being tested at scale in Western Australia. The single-source nature of the technology raises questions about its viability for independent wind developers.
PM Surya Ghar: eligibility, subsidy and how to apply
ALMM explained: List-I modules, List-II cells and the 2028 wafer rule
Maharashtra rooftop solar subsidy: PM Surya Ghar, the SMART scheme and MSEDCL net metering
Rajasthan rooftop solar subsidy: PM Surya Ghar, the ₹17,000 state top-up and 150 free units
Gujarat rooftop solar subsidy: PM Surya Ghar, what happened to SURYA Gujarat, and GERC net metering
Tamil Nadu rooftop solar subsidy: PM Surya Ghar plus the new state top-up, and TNERC net metering
Andhra Pradesh rooftop solar subsidy: free plants for SC/ST homes, BC top-up and APERC net metering
Telangana rooftop solar subsidy: Gruha Jyothi solar plan, PM Surya Ghar and TGERC net metering
Madhya Pradesh rooftop solar subsidy: PM Surya Ghar, MPERC’s 2026 fee waiver and net metering rules
Odisha rooftop solar subsidy: up to ₹1,38,000 with the state top-up, and OERC’s net metering rules
