[SMM PV Flash] Indian PV Component Maker Vishakha Renewables Files for IPO to Raise INR 12.5 Billion

A bipartisan bill aimed at expediting the permitting process for energy projects was recently introduced in the US Senate. The bill proposes to accelerate authorization and environmental reviews for energy projects and transmission lines. While this initiative is expected to significantly ease backlogs in interconnection queues, certain compromise provisions have raised concerns across the clean energy sector. The final implementation of this reform will directly impact the deployment pace of mid-to-long-term solar PV and energy storage systems across the US.

The South Korean government recently announced a national grid overhaul plan, aiming to replace rigid grid connection caps with battery energy storage integration and competitive allocation of connection rights. This comprehensive infrastructure upgrade is designed to clear hurdles for integrating over 100GW of renewable energy capacity by 2030. The measure will effectively alleviate regional transmission bottlenecks and provide foundational support for the large-scale deployment of mid-to-long-term PV projects in South Korea.

Four US senators from both parties introduced the American Affordability and Jobs Act of 2026 on September 30, proposing broad changes to federal environmental reviews and permitting for transmission, generation, data centers and other major energy infrastructure. The bill would expand the Federal Energy Regulatory Commission’s role in interstate transmission siting and planning, promote reconductoring and grid-enhancing technologies, and improve coordination between generation, transmission and interconnection planning. The proposal remains at the legislative stage and may be revised substantially before any Senate and House approval.