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Acme Solar share price has gained nearly 4% in one month and surged more than 33% in three months. The stock has rallied 39% in six months and has risen 19% in one year. View More
INOXGFL Group is also targeting global markets with a major battery chemicals push and a new joint venture to develop power projects across Africa, executive director Devansh Jain said. View More
Patanjali Foods, Gujarat Gas, Linde India, Titagarh Rail Systems, Jupiter Wagons, Easy Trip Planners, Ahluwalia Contracts, Indo Count Industries, Uflex and Rajesh Exports in focus. View More
Over 40 lakh households have adopted rooftop solar under the PM Surya Ghar Yojana, significantly boosting India's clean energy transition. The scheme, launched in February 2024, is progressing at an unprecedented pace, with Gujarat leading installations. This initiative empowers citizens to become power producers, reducing electricity bills and generating income. View More
We aspire to become a 5 GW solar power company by 2030, says Coal India Chairman and Managing Director B Sairam View More
Global clean-energy manufacturing capacity now exceeds demand. Asia, led by China, dominates production, pushing prices down. This oversupply benefits clean energy as an alternative to rising oil prices. View More
Clean-energy manufacturers around the world now have double the production capacity needed to meet global renewable energy demand as factory output surges in Asia while the US and Europe lag behind. Production of the parts required to make solar, battery and wind energy far outstripped demand last year across the entire supply chain, BloombergNEF said in its 2026 Energy Transition Supply Chain report released Wednesday, reflecting rapid manufacturing growth in parts of Asia despite China’s enduring dominance. The oversupply pushed renewable-energy prices lower in 2025 before oil prices soared as a result of the war in Iran, strengthening the appeal of clean energy as an alternative to fossil fuels. Countries including Myanmar, Laos, Vietnam, Cambodia and Chile are responding to higher fuel prices with policies aimed at accelerating clean-technology adoption, according to the report. Bloomberg Expanded manufacturing capacity outside China is contributing to a worsening global supply glut, according to the report, as India, Turkey and countries in Southeast Asia ramp up solar output. Meanwhile, the US has tried to capture a larger share of the solar supply chain, though with limited success. US solar companies have won several trade cases aimed at shielding domestic producers through steep tariffs on cells and panels imported from China and Southeast Asian nations. Even so, excess global supply has continued to weigh on American manufacturers, and many new factory projects are being canceled or delayed due to policy uncertainty and international competition. “China is dominant on the manufacturing capacity side,” said Stephanie Muro, a BNEF analyst and one of the report’s authors. Other countries are slowly gaining ground, particularly for solar manufacturing, she said. Still, China controls more than 70% of manufacturing capacity for almost every renewable-energy segment. Live Events Bloomberg China’s dominance in finished solar modules is lingering behind solar cells, which are the components that convert sunlight into energy. That’s because the nature of solar output is shifting as more countries import components from China in order to build and export the final products themselves, according to the report. That trade shift was more noticeable last year, with solar cells making up 44% of solar-related global trade in 2025, up from 25% a year earlier. However, solar panel manufacturers across Southeast Asia still reflects China’s influence. About 80% of solar manufacturers in the region are Chinese companies as the country seeks lower labor costs and ways to avoid tariffs by building and exporting final products abroad, Muro said. Global battery-cell manufacturing was almost double demand last year and battery-powered electric vehicle demand also remained strong. Global plug-in hybrid EV sales climbed 83% in 2025 from a year earlier and pure battery EV sales rose 15%, helping total EV shipments climb to 6.4 million units from 4.9 million in 2024. .Pbanner{display:flex;justify-content:space-between;align-items:center;background-color:#ec1c40;margin-top:20px;padding:5px 10px;border-radius:4px;color:#fff;line-height:10px;} .Pbannertext{display:flex;align-items:center;font-size:16px;font-weight:600;font-family:'Montserrat';} .Pbannertext img{height:20px;margin:0 6px} .Pbannerbutton a{display:flex;align-items:center;background-color:#fff;color:#ec1c40;text-decoration:none;font-weight:600;padding:4px 8px;border-radius:6px;font-size:15px;font-family:'Montserrat';} .Pbannerbutton img{height:20px;margin-right:6px} .Pbannerbutton a:hover{background-color:#f7f7f7} Add as a Reliable and Trusted News Source Add Now!
Silver's rally of over 140% last year is deterring buyers in various industries and its elevated price levels are beginning to weigh on demand, UBS said. View More
In this articleXAG=@SI.1Follow your favorite stocksCREATE FREE ACCOUNT Silver bars stacked at the Perth Mint Refinery, operated by Gold Corp., in Perth, Australia, Feb. 5, 2026.Matt Jelonek | Bloomberg | Getty Images Silver's breakneck 2025 rally has created the conditions for demand destruction among buyers of the precious metal, according to analysts, who say prices could fall even further from last year's highs. The metal's wide range of industrial purposes means it is more sensitive to the economic cycle than gold, as an essential component in a variety of goods, from computers and mobile phones to solar panels and cars.  Silver price gains of around 140% last year have been deterring buyers in various industries and its elevated price levels are beginning to weigh on demand, UBS said in a note published on May 22. "The demand erosion is likely to persist as long as prices remain at current levels," they wrote. "Unlike gold, which benefits from robust central bank buying, silver lacks this strategic demand anchor and remains absent from official sector reserves. As a result, silver is more vulnerable to shifts in private investment and industrial demand, and is likely to lag gold." Stock Chart IconStock chart iconHow silver Comex futures have fared year-to-date. UBS believes the current investment case does not sufficiently reward investors for the associated volatility and, as such, it remains an "unappealing" position for them. Silver's remarkable run reached its peak on January 28 of this year when it punched through $120 an ounce before an almighty crash of almost 30% in a single day. Prices have recovered ground since hitting a 2026 low of $67.60 on March 20, but remain well below levels prior to the Iran war. Both spot silver and silver futures rose in May to trade at around $87 an ounce on May 14, before another selloff saw prices consolidate around the $75-78 mark over the past two weeks.Spot silver was last seen trading 3.7% lower at around $72.13 an ounce on Thursday, while front-month U.S. silver futures were also down 3.7% to settle at $72.16. But analysts at HSBC say the metal is "fundamentally overvalued" and could diverge from gold in its trajectory."We believe further room to the upside is limited as silver remains overvalued, in our view," they wrote in a note published on Thursday. "Gold prices will likely remain influential, but we believe the gold:silver ratio is likely to widen, allowing silver to ease even if gold rallies."Macquarie analysts also see little scope for a recovery in silver prices. Its strategists think the Federal Reserve will hike interest rates in the first half of 2027, lifting downward pressure on precious metal prices."Whilst we expect average silver prices to remain around this level for the rest of the year, volatility will remain until the situation in the Middle East is resolved, with meaningful downside risk if the macro situation deteriorates further," the Macquarie analysts wrote in a note published on May 21. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Energy investment in India has grown at an average annual rate of 11% over the past five years, with solar PV investment rising 25% annually and oil refining investment growing 23% View More