Madhya Pradesh-based Hardi Hydro Energy won SJVN’s auction to set up 250 MW/500 MWh of standalone battery energy storage (BESS) systems at the 1,360 MW Panipat thermal power station in Haryana. Hardi Hydro Energy won the entire tendered capacity by...

China’s recent decision to cancel value-added tax (VAT) rebates on exports of solar and related products from April 1, 2026, is likely to increase project costs for India’s solar and battery energy storage system (BESS) developers. The export VAT...

In a move to curb Chinese influence on the clean energy supply chain, the U.S. Department of the Treasury has issued interim guidance to enforce provisions under Section 45X of the Internal Revenue Code that restrict companies from claiming federal...

The U.S. Department of Commerce has determined antidumping (AD) and countervailing duties (CVD) of up to 102.72% and 66.86%, respectively, on the imports of active anode material from China. The duty imposition followed investigations after the...

Saatvik Cleantech EPC, a wholly owned subsidiary of Haryana-based solar module manufacturer Saatvik Green Energy, has entered into a share purchase agreement to acquire a 49% stake in Intelligent Hydel Solutions, which is setting up a 41 MW solar...

Solar module manufacturer GREW Solar has raised ₹10.5 billion (~$118.4 million) in a new funding round led by Bay Capital Investment to expand manufacturing capacity at its Dudu facility in Rajasthan and its upcoming plant in Madhya Pradesh. The...

Battery manufacturer Amara Raja Energy and Mobility posted a revenue of ₹34.1 billion (~$376.14 million) in the third quarter (Q3) of the financial year (FY) 2026, a 4.21% year-over-year (YoY) increase from ₹32.72 billion (~$360.95 million). Its...

Solar module manufacturer Vikram Solar has signed an agreement to renew and enhance its existing working capital facilities, amounting to ₹32 billion (~$353.23 million), extended by a lenders’ consortium. As of February 10, 2026, Vikram Solar has an...

The U.S. Department of Commerce has concluded that revoking the prevailing antidumping duty (AD) and countervailing duty (CVD) on crystalline silicon photovoltaic product imports from China and Taiwan will lead to a recurrence of dumping. Commerce...