Markets & Policy
In highly regulated energy markets, policy decisions can make or break new technologies, strategies, and even entire industries.
Support from policymakers, in the form of procurement exercises, priority dispatch, tax incentives and a wealth of other instruments, has been vital to the global solar industry’s success, and new mechanisms to support growth in energy storage are an increasingly important part of the story today.
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Oswal Pumps to set up 1.2 GW TOPCon solar cell factory in India
Oswal Pumps plans to invest $48 million in a TOPCon solar cell manufacturing facility in Karnal, in the Indian state of Haryana. Commercial production is expected to begin by April 2028, with the entire output earmarked for captive solar module manufacturing.
Stationary, moving, flexible: Batteries are the low-cost backbone of the future energy system
While it is known that batteries are indispensable for the future energy system dominated by solar PV, they are still seen as a bottleneck technology mostly related to raw material supply. Sodium-ion batteries can resolve this issue. Batteries are more than a stationary storage technology, also with bright prospects for vehicle-to-grid (V2G) and smart charging of electric vehicles within a broad flexibility technology portfolio.
European PPA prices rise 5% in September
European PPA prices rose 5% in September, driven by higher forward electricity and gas prices, while Spain and Portugal recorded declines. Contracting activity rebounded, with 25 deals totaling 1.2 GW, alongside growing interest in hybrid PPAs and battery storage agreements.
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US: Solar industry poised to create 200,000 jobs
200,000 domestic jobs and 10 gigawatts (GW) of new solar installations could be created in the U.S. if the Department of Treasury Grant Program (TGP) was extended by two years and solar manufacturing was included in the industries’ existing tax credit, says the Solar Energy Industries Association (SEIA).
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