India’s total renewable energy capacity grows 17% to 227 GW in May: Pralhad Joshi

India’s total renewable energy capacity grew 17.13% to 226.74 gigawatts (GW) in May, Union Minister Pralhad Joshi said, according to ET.

The renewable energy capacity surged 17.13%  year-on-year to 226.74 GW in May from 193.58 GW in the same month last year, as per the data shared by the minister in his post. Of the total, solar power capacity expanded 31.49 per cent to 110.83 GW from 84.28 GW in May 2024. Wind capacity witnessed a rise of 10.49% to 51.29 GW against 46.42 GW last year. 

ALMM-Authorized Solar Module Manufacturing Capacity Rises by 2.98 GW

The Centre updated the Approved List of Models and Manufacturers (ALMM) by adding 2,988 MW of solar module manufacturing capacity. The cumulative module manufacturing capacity has now reached 90,959 MW, after the latest additions, Mercom reported. Reliance Industries is the new entry in the list with a capacity of 1,716 MW. Avaada Electro increased its capacity by adding 1,272 MW. SASA Energy’s manufacturing capacity was revised from 100 MW to 98 MW, indicating a reduction of 2 MW in the list.

The total number of module manufacturers has now increased to 105. In May this year, MNRE updated the ALMM by adding 8,653 MW of solar module manufacturing capacity.

Chinese Wind, Solar Projects Shut Amid Shift to Market‐Based Pricing

A number of wind and solar power projects have been halted across multiple Chinese regions “just months after China unveiled a new policy to push such renewable energy sources” to market-based pricing, according to business news outlet Yicai. The outlet quoted an unnamed source from a “state-owned new energy investment company” saying the rates of return for some projects are “no longer economically feasible” under the new policy.

Trump’s tax bill to reduce solar, wind, storage additions 10% by 2035 

According to a new research cited by Bloomberg, President Trump’s new tax bill will cause “wind, solar and storage capacity overall to drop by 10% by 2035 relative to a baseline scenario.” The research said the “bill would also result in 3.8m more tonnes of carbon emissions from the country’s power sector by 2050. The impact on wind power would be most severe, with new capacity shrinking by 35% and no offshore wind additions after 2028. Solar and energy storage capacity stand to fare better, falling 5% and 7%, respectively.”

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