Union Budget 2025-26: Here're key challenges in renewable energy sector
Tariffs for battery energy storage systems tenders reduced this year; however, the dependency remains on imports for cells
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Key challenges in Renewable energy sector
- End users are keen to transition to renewable energy; therefore, policy and regulatory certainty would be crucial for sustaining this transition
- ALMM List -2 boosts local solar cell manufacturing, but the industry needs to compete with global majors on quality and price
- Tariffs for battery energy storage systems tenders reduced this year; however, the dependency remains on imports for cells
- Faster closure of bidding process till signing of PPAs with selected developers
- Setting up uniform RPOs and its adherence across states is lacking
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Topics : Union Budget renewable energy
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First Published: Jan 24 2025 | 11:40 PM IST