US Residential Solar-Storage Adoption Jumps to 37% in 2025
The share of new residential solar systems paired with battery storage systems in the U.S. increased to 37% in 2025 from 25% in 2024, according to a new Lawrence Berkeley National Laboratory report.
MNRE Mandates Country-Coded Model Numbers For Solar PV Modules Under BIS Registration
The MNRE has introduced a new SOP mandating a country-coded model-numbering system for Solar PV Modules registered under BIS, effective October 1, 2026. This requires a four-character suffix indicating the manufacturing countries of both the module and the solar cells to enhance traceability. Existing models must adopt this system within 180 days.
Sumitomo Corporation to Invest in Hero Group’s 500 MW Renewables Project
Japan-based Sumitomo Corporation will invest in a 500 MWp solar and wind project with a co-located 200 MWh battery energy storage system in Bidar, Karnataka, being developed by Hero Future Energies (HFE), the renewable energy arm of the Hero Group. Power generated by the project will be sold to SJVN under a 25-year power purchase […]
Businesses Gain Wider Access to Bank Financing for Renewable Energy Projects
Commercial and industrial (C&I) units investing in renewable energy projects have access to a growing range of bank financing options, including green loans with concessional interest rates, longer repayment periods, and collateral-free funding for eligible borrowers.
Alight Acquires 2 GW Solar Portfolio in Sweden from Soltech Energy
Nordic solar developer and independent power producer Alight has acquired 40 large-scale solar projects in southern Sweden from…
UltraTech Commissions 116.6 MW Wind Project in Rajasthan
UltraTech Cement, the cement flagship company of the Aditya Birla Group, commissioned 116.55 MW of wind capacity at its inter-state transmission system (ISTS) connected wind-solar project in Barmer, Rajasthan.It also commissioned 10 MW of Waste Heat Recovery System (WHRS) capacity at Sarlanagar Cement Works, its integrated manufacturing unit in Karnataka.
MET Group Acquires Majority Stake in Greece’s Zephiros Energy Trading
MET Group, an integrated energy company active in natural gas and renewables, has acquired a majority stake in…
US Solar Module Imports Plunge 78% as Domestic Manufacturing Expands: Crux
The value of crystalline silicon (c-Si) solar module imports into the U.S. fell 78% between the first half (1H) of 2024 and 1H 2026, as trade enforcement measures and domestic manufacturing incentives reshaped the country’s solar supply chain, according to a white paper by Crux.Module import value fell from $7.6 billion in 1H 2024 to […]
CEA Proposes Safety Standards for Solar, Wind and Battery Storage Projects
The Central Electricity Authority (CEA) has proposed technical standards applicable to electrical safety requirements for solar, wind, battery energy storage systems (BESS), electric vehicle charging stations, transmission systems, and other electrical installations.
MERC Rejects Plea to Extend Commissioning Date of 200 MW Solar Project
The Maharashtra Electricity Regulatory Commission (MERC) has rejected a solar power developer’s request to extend the scheduled commercial operation date (SCOD) for its 200 MW solar project in Hingoli, Maharashtra.