Union Petroleum and Natural Gas Minister Hardeep Singh Puri opened India Energy Week 2026 in Goa by calling for balanced capital allocation across conventional and emerging energy sources rather than outright replacement strategies. Speaking to global energy leaders, Puri emphasized "energy addition" to meet India's surging demand while ensuring affordability, security, and economic stability. The event showcased Goa's ambitious 2050 roadmap for 100 percent...

India and Canada formalized a Joint Statement on Energy Cooperation during India Energy Week 2026 in Goa, committing to enhanced bilateral ties in conventional and clean energy domains. Union Minister Hardeep Singh Puri met Canada's Energy and Natural Resources Minister Timothy Hodgson, inaugurating the renewed Ministerial Energy Dialogue—the first high-level Canadian participation at IEW. This follows Prime Ministerial directives from the June 2025 G7...

India's battery storage sector stands at an inflection point in 2026, transitioning from years of aggressive tendering activity into a decisive year of on-ground project delivery. After an unprecedented wave of 102 GWh in energy storage tenders floated in 2025 alone—nearly matching the cumulative tendering volume from 2018 through 2024—the industry now faces its most substantial operational test as approximately 60 GWh of awarded...

India’s core infrastructure sectors ended 2025 with accelerated investments in sustainable technologies and local manufacturing capabilities, aligning capacity expansion with energy efficiency and climate goals. Refractories providers and elevator manufacturers both report strong demand from steel capacity additions, cement plant modernisations, and high-rise urban projects, reflecting a maturing industrial ecosystem focused on performance alongside environmental responsibility. Refractories Market Powers Steel Expansion Calderys APAC Senior Vice President...

India’s EV battery market is entering a hyper-growth phase, with demand expected to jump from 17.7 GWh in 2025 to 256.3 GWh by 2032—a more than 14-fold increase, according to Customized Energy Solutions’ 2025 EV Battery Technology Review Report. A projected 35% CAGR over seven years signals not just rising EV adoption, but a structural shift in India’s auto and energy ecosystem anchored in...

A major foreign investment in India’s clean‑energy ecosystem is taking shape as Global Infrastructure Partners (GIP), a BlackRock entity, announces up to ₹3,000 crore in Aditya Birla Renewables (ABREN) for a minority stake. The transaction underscores expanding investor confidence in India’s renewables pipeline, now viewed as central to the nation’s energy security, decarbonisation goals, and industrial competitiveness. Strategic Significance This deal represents one of the largest primary equity commitments into a non‑utility Indian...

India’s renewable energy transition continues to accelerate, with the Ministry of New & Renewable Energy (MNRE) reiterating its commitment to expanding domestic solar manufacturing capacity and strengthening upstream capabilities across the value chain. The Ministry formally clarified that it has not issued any advisory asking lenders to pause or halt financing for renewable energy (RE) or solar manufacturing projects. The clarification comes amid speculation about...

Global EV adoption is accelerating faster than previous projections, with 116 million electric vehicles expected to be in operation by 2026, according to new data from Gartner. The forecast spans passenger cars, buses, vans and heavy-duty commercial vehicles — reflecting how electrification is now reshaping mobility end-to-end, not just private transportation. Despite tariff barriers, subsidy rollbacks and uneven charging infrastructure, EV penetration continues to deepen...

The Global Electronics Association has released its Double Materiality Assessment (DMA) Toolkit to help electronics companies meet the demanding reporting requirements of the EU’s Corporate Sustainability Reporting Directive (CSRD). Although CSRD is an EU regulation, it applies globally because any company with subsidiaries, operations, or significant revenue in Europe must comply. For the electronics sector, which operates one of the most complex supply chains...

The surge in electricity demand from AI-powered data centres is expected to trigger a five-year boom cycle for global energy storage, according to a new analysis by UBS Securities. The investment firm projects that the world’s energy storage capacity could grow 40% year-on-year by 2026, as grids struggle to balance intermittent renewable generation with round-the-clock AI workloads. “The demand for AI data centres in the...