Storage Ohm Analytics reports that residential battery deployments reached nearly 1 GWh in Q2 2026, offsetting a 19% year-over-year decline in solar installations. Tesla and other providers are leveraging VPP programs and state incentives to position batteries as standalone grid assets rather than solar add-ons.
Solar The Indian Solar Manufacturers Association projects that the solar manufacturing sector could attract $89 billion in investment and create 32.3 lakh jobs by 2047. The report estimates that domestic production could eliminate reliance on imported components by 2041 and expand installed capacity to 2,275 GW.
Markets An Ember analysis finds that on-site generation and storage can provide nearly five times more grid flexibility than shifting data center workloads. The study covers nine markets, noting that while load shifting is theoretically possible, its effective impact on peak demand is limited compared to local power production.
Markets A government-commissioned study reveals that Indian advanced cell component makers face a significant cost disadvantage compared to Chinese benchmarks, ranging from 18% to 61%. The report highlights specific structural barriers, including high capital expenditure and borrowing rates, that hinder domestic competitiveness.
Solar Waaree Solar Americas has commenced commercial production at two new module lines in Brookshire, Texas, doubling its facility capacity to 3.2 GW. This expansion, approved in April 2025, aims to strengthen the company's US domestic manufacturing footprint and supply American developers and utilities.
Markets A new analysis by Ember indicates that hybrid renewable plants could meet up to 90% of Kazakhstan’s electricity needs at a delivered cost below $60/MWh. The study highlights that these systems are cheaper than new coal, which costs between $70 and $170/MWh, while addressing the aging of the country’s current coal fleet.
Storage Bucharest University of Economic Studies researchers compared grid-forming and grid-following inverters in a 5 kW residential solar-plus-storage system. The analysis found that while grid-forming units cost more upfront, they offer superior stability and positive economic returns in Romania's emerging electricity market.
Markets As Indian manufacturers ramp up production, balancing initial capital costs with long-term operational efficiency is critical for profitability. Experts advise that stable processes and integrated quality controls prevent costly defects and ensure reliable output at scale.
Finance Polycab India reported a 124% year-on-year increase in FMEG revenue for Q2 FY27, driven by solar inverter sales. The company clarifies its solar business is strictly a trading operation, with no current manufacturing or installation activities.
Markets Utility-scale solar revenues in the National Electricity Market reached their highest level since December 2024, driven by tight midday supply and reduced gas generation. Analysts expect this trend to persist as the battery fleet doubles by 2028.
Solar Global diesel prices rose nearly 33% from 2025 to 2026, straining rural businesses and farmers who rely on fuel for irrigation and transport. In Tanzania and Ethiopia, solar-powered pumps replaced diesel systems, leading to doubled mango incomes and significant earnings from onion cultivation for smallholder households.
Solar Singapore-based developer Equator Renewables Asia has introduced SolarBox, a preassembled solar system housed in a standard shipping container for rapid deployment at industrial sites. The company signed a memorandum of understanding with Aster Power to assess the system's feasibility at facilities in Singapore.
Markets RenewSys India has signed a 12-month agreement to supply 1.2 GW of photovoltaic encapsulants and backsheets to Kosol Energie. The deal, which extends a previous partnership, supports the production of n-type TOPCon modules in Gujarat.
Solar A review by Zhengzhou University researchers details how zwitterionic molecules serve as multifunctional additives in perovskite solar cells. The study highlights their role in defect passivation, crystallization control, and interface engineering, with examples of significant efficiency gains.
Solar Outer Spaces has launched the OS1, a backyard pavilion integrating solar panels and battery storage concealed within the decking. The company, backed by $8 million in pre-seed funding, targets 2027 delivery for the system, which uses Horizon BladePack lithium iron phosphate modules.
Policy The government has approved Green Energy Corridor Phase III, a Rs 1,860 billion scheme to evacuate 135 GW of renewable energy and deploy 50 GWh of battery storage by FY 2032-33. This move aims to address transmission bottlenecks that have led to significant renewable curtailment in recent months.
Policy The Renewable Energy Manufacturers Association of India is requesting a deadline extension to December 2027 for non-integrated module manufacturers to comply with domestic cell sourcing rules. The association cites a severe shortage of available TOPCon cells in the open market, with less than 2 per cent of module capacity being accessible.
Markets India has about 233 GW of module capacity against 30-40 GW of annual demand, with many lines at 35-40% utilisation. Executives debate market correction versus disciplined investment as ALMM moves to cells and wafers, and look to rooftop, floating solar and exports for demand.
Storage Australian grid batteries have gone from one hour at Hornsdale in 2017 to eight hours at Limondale, and are now moving towards 10 hours and beyond. CATL, Valo and EnerVenue are pitching sodium and nickel hydrogen for long-duration, off-grid and fire-sensitive sites.
Finance Borosil Renewables' Q2 FY2027 profit rose 11.7% year-on-year to Rs. 68.78 crore on 4.7% higher revenue, though both fell from the previous quarter. The company says India's module boom is not matched by solar glass supply and is adding 600 TPD of capacity by March 2027.
Policy India has no single forecasting specification for utility-scale solar: CERC and the national and regional load despatch centres set rules for interstate-connected plants, while state regulators and SLDCs govern intra-state projects, Reuniwatt's Hannah Bergler writes in pv magazine. Deviation settlement is the main commercial risk, and CERC lists a March 31, 2026 order setting the value of 'X' for wind and solar sellers from April 1, 2026.
Policy An IESA report states that India’s 500 GW renewable energy target depends on scaling long-duration energy storage (LDES) to manage grid constraints. The report highlights a significant gap between India’s current battery capacity and its FY2027 requirement, identifying viability gap funding as a key enabler.
Wind The Ministry of Climate, Energy and Environment has launched a 2.2 GW offshore wind tender covering the second half of 2026, bringing the total annual bidding volume to 4 GW. Price ceilings for both fixed and floating types have been reduced slightly from the first half of the year.
Finance First Solar posted a 58% gross margin and $571 million of Q3 2026 net income, up 25% year on year, even as net sales fell 23% to $1.23 billion. It cut its 2026 volume forecast to 16-17 GW and net sales guidance to $4.6-4.9 billion, and authorised a $500 million buyback.
Solar U.S. solar module production capacity has surpassed 100 GW, a milestone achieved through an estimated $21 billion in capital expenditure over five decades. Industry leaders discuss the challenges of maintaining profitability and quality as the sector navigates workforce training and supply chain integration.
Finance Enova has awarded NOK 3.94 billion to two developers for a four-turbine demonstration project in Karmøy. The initiative aims to prove the commercial viability of 18.5 MW floating turbines over the next five years.
Storage The state aims to deploy 2.5 GW/10 GWh of battery energy storage, with TNPDCL procuring the first phase via competitive bidding. Existing renewable energy substations must add 10% BESS capacity with four-hour discharge by FY 2028–29.
Markets Researchers from the University of New South Wales and Gdansk University of Technology assessed three recycling pathways for frameless glass-glass solar modules, finding that targeted fractionation reduces environmental burdens compared to whole-module treatment. While all scenarios yielded positive operational margins, the most intensive recycling method achieved the lowest processing burden, though it recovered less material value than simpler thermal and chemical approaches.
Solar ENGIE has brought two new solar plants totaling 450 MW into operation in India, located in Barmer and Khavda. The projects are expected to generate nearly 1 TWh of electricity annually while avoiding significant carbon emissions.
Finance JM Financial cut Suzlon Energy to 'Add' from 'Buy' and lowered its target price to ₹40 from ₹46 after the company trimmed its FY27 EBITDA margin guidance, citing a limited Indian wind market and rising competition. Suzlon shares fell more than 7% intraday, while the brokerage kept its 'Add' rating on IEX.
Finance Nextpower posted record second-quarter revenue of $1.1 billion, up 23% year-on-year, driven by growth in energy storage and power conversion. The company raised its full-year revenue guidance to $4.2-4.45 billion and highlighted a debt-free cash position exceeding $1 billion.
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
