Energy & Petroleum News Today

The global ground-mounted solar PV module market is forecast to grow at an 8.2% CAGR from 2026 to 2035, reaching a market index of 220, driven by utility-scale demand and decarbonization.

Coal India's power-plant supplies rose 6.1% to 302.8 million tonnes in the first half of FY27, supported by accumulated pithead stocks while production ramped up.

India's electric passenger car market is projected to reach 1.8 to 1.9 lakh units in 2026, driven by growth in local battery manufacturing, charging infrastructure, and total cost of ownership evaluations.

Japanese firm Sumitomo acquired a 49% stake in a 500MW hybrid solar-wind and 200MWh storage project in Karnataka, developed by Hero Future Energies, targeting commercial operation by March 2027.

Haldia Petrochemicals will diversify its feedstock sourcing in 2027 by processing condensate and up to 30% LPG to hedge against Middle East supply disruptions following recent geopolitical conflicts.

Northern Railway's Jammu Division is expanding its renewable energy footprint, taking total solar capacity to 2.55 MW with new installations to cut emissions and save costs.

Keralam faces an acute power shortage, relying 78% on external sources due to rising demand and zero major projects in three decades, forcing power regulations and highlighting renewable storage gaps.

An ICCT-MANIT study in Indore reveals electric buses and waste trucks outperform diesel and CNG counterparts, offering lower energy consumption, up to 75% reduced lifecycle emissions, and cheaper total cost of ownership.

Despite a massive $1.09 trillion market driven by Asian demand and a billion-ton milestone, coal faces severe price volatility, dropping from $400 to $125 per ton, alongside mounting ESG pressures.

Schneider Electric launched its Services Express mobile hub in South India, touring over 20 cities across 5 states for 120 days to showcase advanced electrical asset management and AI monitoring solutions.