Market trends

Green ammonia is only 10% costlier than grey in the latest SIGHT Mode 2A auctions

Green ammonia is only 10% costlier than grey in the latest SIGHT Mode 2A auctions Under the National Mission for Green Hydrogen (NGHM), the Solar Energy Corporation of India (SECI) has conducted its first-ever auctions for the procurement of green ammonia. These auctions are part of Mode 2 of the “Green Hydrogen and Ammonia Production” component of the SIGHT scheme. In Mode 2, the tender implementing agency also serves as a demand aggregator and conducts final bidding for the actual…

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ALCM Implementation to Hamper Execution of 20-25 GW of Green Open Access Projects

ALCM Implementation to Hamper Execution of 20-25 GW of Green Open Access Projects Approved List of Models and Manufacturers (ALMM) is an umbrella term for non-tariff barriers to promote the domestic manufacturing capabilities of clean energy products, including solar modules and wind turbines. Until 2025, the ALMM exclusively focused on solar modules. In an effort to enhance the integration of the upstream solar manufacturing value chain, the Ministry of New and Renewable Energy (MNRE) has now expanded the ALMM mandate…

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India Adds Record 21.9 GW of Solar and Wind Capacity in H1 2025

India Adds Record 21.9 GW of Solar and Wind Capacity in H1 2025 India sustained its clean energy growth trajectory by adding approximately 21.9 GW of new solar and wind capacity in the first half of 2025 (January–June), marking a substantial year-on-year increase of over 56%. Solar installations rose by 51.6%, while wind capacity surged by 82% compared to last year. In terms of cumulative installations, according to the data released by the Ministry of New and Renewable Energy (MNRE)…

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VGF Scheme Expands to Support 30 GWh of New Standalone BESS Development in India

VGF Scheme Expands to Support 30 GWh of New Standalone BESS Development in India In a major policy push to support grid-scale energy storage, the Ministry of Power has approved an expanded Viability Gap Funding (VGF) scheme for 30 GWh of Battery Energy Storage Systems (BESS) on June 10, 2025. This builds upon the previous 2023 scheme that had supported 13.2 GWh, reflecting growing policy momentum to accelerate energy storage infrastructure. Of the newly announced 30 GWh Battery Energy Storage…

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