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Daily News Wrap-Up: Key Policies Steering India’s BESS Market in 2025

Daily News Wrap-Up: Key Policies Steering India’s BESS Market in 2025

India's BESS market surged 6x to 341 MWh in 2024, driven by policies and renewable growth. Major tenders for solar, storage, and manufacturing, alongside significant investments, position India as a global clean energy leader, forecast to add 6.2 GW wind in 2025.
MNRE Issues Revised BIS Series Approval Guidelines for Solar Modules

MNRE Issues Revised BIS Series Approval Guidelines for Solar Modules

MNRE revised BIS guidelines for solar module series approval. Testing requires 2 modules each from lower, median, higher power classes. Modules 0.2W-20W are excluded from series guidelines. Efficiency and marking rules updated, BOM changes require retesting.
RRECL Issues Tender for 33 MW Rooftop Solar Projects on Government Buildings

RRECL Issues Tender for 33 MW Rooftop Solar Projects on Government Buildings

RRECL issued a tender for 33 MW rooftop solar projects on government buildings across five districts, including a 25-year O&M. Bids are due by Jan 27, 2026, with a ₹41.64 million/MW benchmark cost and 12-month commissioning.
Top Five States for Rooftop Solar Installations in 2025 [Infographics]

Top Five States for Rooftop Solar Installations in 2025 [Infographics]

India's rooftop solar capacity surged 161% YoY to 4.9 GW in 9M 2025, reaching 18.6 GW cumulative. PM Surya Ghar drove growth. Gujarat led additions (16.2%), followed by Maharashtra (15.6%), UP (14.6%), Kerala (8.4%), and Rajasthan (7.7%).
Global Steel Production Slides in Nov’25 as China Curbs Output; Gradual Recovery Eyed in 2026

Global Steel Production Slides in Nov’25 as China Curbs Output; Gradual Recovery Eyed in 2026

Global steel output fell 5% in Nov 2025, driven by China's 11% cut to 69.9M tons. India, Türkiye, Iran increased production. A modest 1.3% global recovery is projected for 2026, indicating a slow rebound.
Weak Feedstock Support and Sluggish Downstream Keep US PET Prices Stable in December H1

Weak Feedstock Support and Sluggish Downstream Keep US PET Prices Stable in December H1

US PET prices remained stable in December H1 due to weak feedstock support (MEG declined) and sluggish downstream demand. Ample supply, coupled with new tariffs on all PET/rPET imports, influenced market sentiment.
Bisphenol A Prices Hold Firm in the US Amid Tight Asian Supply and Higher Freight Costs

Bisphenol A Prices Hold Firm in the US Amid Tight Asian Supply and Higher Freight Costs

US Bisphenol A prices stabilized in late Dec 2025 due to tight Asian supply from shutdowns (Nan Ya, Guangxi Huayi, Zhejiang Petroleum), 15% higher freight costs, and Lunar New Year prep, despite low US demand.
EU announces measures to boost circular economy, strengthen plastics recycling

EU announces measures to boost circular economy, strengthen plastics recycling

The EU launched pilot actions to accelerate a circular economy, focusing on plastics. Measures aim to cut plastics emissions by 45% and boost trade by €18 billion by 2050, addressing market fragmentation and competition to achieve 2030 leadership.
India’s Laxmi Organics affirms compliance and responsible operations at Lote site amid media comparisons

India’s Laxmi Organics affirms compliance and responsible operations at Lote site amid media comparisons

Laxmi Organics affirmed compliance and responsible operations at its Lote site on December 29, 2025, rejecting comparisons to the Italian Miteni incident. The company emphasized strict waste management practices.
India’s A-1 secures order for automotive-grade industrial urea from Sai Baba Polymer Technologies

India’s A-1 secures order for automotive-grade industrial urea from Sai Baba Polymer Technologies

India's A-1 secured an order from Sai Baba Polymer Technologies to supply 25,000 metric tons of automotive-grade industrial urea. This significant deal was announced on December 30, 2025.

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