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Oswal Solar secures 7.46 MWp rooftop solar order under PM Surya Ghar scheme

Oswal Pumps has announced that its subsidiary, Oswal Solar Energy, has secured an order to install 7.46 MWp of grid-connected rooftop solar systems for 3,729 consumers under the PM Surya Ghar: Muft Bijli Yojana.
Highlights

Indian researchers build transparent perovskite-silicon tandem solar cell with 30.2% efficiency

The transparent four-terminal perovskite solar cell employs an ion-modulated spiro-MeOTAD hole transport layer, which passivates interfacial defects, enhances carrier dynamics, and allows for a tunable work function in wide-bandgap perovskites. When inte...
Installations

Bondada Engineering Ltd commissions 61.7 MWp of solar in March

Bondada Engineering Ltd has commissioned 61.7 MWp of solar projects for clients including Paradigm IT and Maharashtra State Power Generation Company Ltd (MAHAGENCO) in March.
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Battery Business & Development Forum 2026

Connect with Europe’s energy storage leaders at the Battery Business & Development Forum 2026 in Frankfurt (March 31–April 1) and gain insights into evolving business models, financing strategies, and market trends

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SunRise Arabia Clean Energy Conference 2026

Join the 3rd SunRise Arabia Clean Energy Conference on April 22, 2026, in Riyadh to explore how solar PV and energy storage are powering the Kingdom’s growing digital economy — including data centers. Secure your spot at the early-bird rate.

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Energy Storage

Vanadium flow and lithium-ion combine in world’s largest grid-forming hybrid storage plant in China

China brings online 300 MW/1,200 MWh grid-forming energy storage facility in Inner Mongolia, integrating lithium-ion and vanadium flow battery technologies.
Energy Storage

Pace Digitek’s arm Lineage Power delivers 100th BESS container

Lineage Power, the energy storage arm of Pace Digitek Ltd, has delivered its 100th containerized battery energy storage system (BESS).
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Highlights

Global energy transition hits a hardware bottleneck

As transformer lead times double and US prices surge 79%, a manufacturing “supercycle” struggles to keep pace with the explosive growth of AI data centers and renewable energy.
Highlights

MNRE’s GIB‑related SCOD relief to benefit 8.6 GW RE projects: India Ratings

India Ratings and Research (Ind-Ra) said the Ministry of New and Renewable Energy’s decision to treat commissioning delays arising from the Supreme Court’s ongoing proceedings in the Great Indian Bustard (GIB) matter as a force majeure‑like event p...
Highlights

RENA Technologies secures 1.2 GW TOPCon wet processing equipment order from Gujarat-based Celloraa Energy

RENA Technologies has secured an order to supply advanced wet chemical processing systems for Celloraa Energy’s new 1.2 GW TOPCon solar cell manufacturing line at Surat, Gujarat.

Markets & Policy

Featured

FOB China TOPCon solar cell prices hold steady as market awaits post-holiday reassessment

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

India expected to install about 42.5 GW of new solar capacity in 2026: JMK Research

India installed around 37.8 GW of solar capacity in CY2025. This comprised about 28.6 GW of new utility-scale solar, a 54.6% increase from 2024, and 7.9 GW of rooftop solar, up 72% year on year. Off-grid additions stood at 1.35 GW, compared to 1.48 GW in 2024.

India installs 7.1 GW of rooftop solar in 2025, up 122% YoY

Residential consumers accounted for 76% of rooftop solar capacity additions in 2025, driven by the PM Surya Ghar: Muft Bijli Yojana program.

Solar manufacturers downplay impact of US countervailing duties

Leading solar manufacturers say proposed US countervailing duties on Indian solar cells and modules are unlikely to materially impact their businesses.

SolarPower Europe issues due diligence guide for PV-BESS

SolarPower Europe has released new technical due diligence guidelines for utility-scale solar-plus-storage projects, covering risk, engineering and lifecycle standards for co-located PV and battery systems.

What India needs to accelerate sustainable lending post-budget

The next phase of green growth will depend on how quickly capital reaches businesses that are ready to modernize, become energy-efficient, and invest in cleaner production systems. The question is no longer whether sustainable lending will grow, it is how fast we can remove the barriers preventing it from scaling.

Installations

Featured

New solar tracking strategies aim to maximize crop yield in agrivoltaics

Swedish researchers developed two novel single-axis solar tracking strategies that dynamically adjust panel tilt based on crop light requirements, balancing photosynthesis and energy production. One strategy prioritizes daily light integral targets before shifting to energy capture, while the other uses the light-response curve to optimize photosynthesis, offering improved dual-use efficiency compared with conventional tracking methods.

India’s EV sector secured INR 2.23 lakh crore in investments, just 18% of the capital needed by 2030: IEEFA

IEEFA states that bridging the INR 10.3 lakh crore investment gap over the next five years will require moving beyond traditional subsidy-led approaches toward structural risk-sharing mechanisms that lower the cost of credit and attract private capital in the electric mobility sector.

 

From panels to complete energy systems: The evolution of India’s rooftop solar market

Rooftop solar is moving from being a supplementary solution to becoming a central component of India’s energy architecture. The next phase of growth will not be defined by panel installations alone but by how effectively generation is integrated with storage, digital intelligence, and grid infrastructure.

Pace Digitek secures INR 1,587 million telecom battery order from Reliance Industries Ltd

Pace Digitek Ltd’s arm Lineage Power has received an order from Reliance Industries Ltd for the supply of high-capacity lithium-ion battery packs. Under the agreement, Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314Ah Lithium-Ion battery packs to provide backup power for telecom loads.

Suzlon strengthens leadership to support full-stack renewable expansion

Suzlon has formed a Group Executive Council (GEC), elevated JP Chalasani to the GEC, and appointed a new group CEO to drive its business transformation from a wind energy solutions provider to a full-stack renewable energy solutions conglomerate.

Hycosys raises $1 million from MGF Kavachh to develop hydrogen-compatible micro gas turbines

The seed round will aid in accelerating system integration, pilot deployments, and fuel the commercialisation roadmap of the Hycosys’ indigenous hydrogen-compatible micro gas turbine platform with applications across distributed power, aerospace and mobility.

Technology

Featured

JinkoSolar achieves record-breaking 26.66% efficiency for TOPCon solar cell based on M10-size wafer

The Chinese manufacturer claims the new efficiency result sets a world record for industrial-scale TOPCon solar cells on M10-size wafers. The achievement was verified by an undisclosed independent third-party organization in China.

India’s electricity transition unfolds unevenly across states

A new report by IEEFA and Ember finds that India’s electricity transition is unfolding differently across states, shaped by variations in resource endowments, development pathways, and institutional capacities. While some states are already leading in renewable energy deployment and grid readiness, others are building momentum, presenting significant opportunities for accelerated progress through targeted, state-specific policy interventions.

TEXMiN, Russia’s GIREDMET ink pact on rare earth and critical mineral technologies

The TEXMiN Foundation, IIT (ISM) Dhanbad, has signed an MoU with GIREDMET State Research and Design Institute of Rare Metal Industry, Russia, to collaborate on rare earth processing, critical minerals, advanced materials, and translational research across the mining value chain. The partnership will also focus on hydrometallurgical recycling technologies for lithium-ion batteries to recover valuable metals.

NexWafe, Talon PV sign 7 GW solar wafer supply agreement

Under the terms of the deal, Germany’s NexWafe will supply its ultrathin solar wafers to Talon PV’s planned 4.8 GW TOPCon solar cell manufacturing plant in Texas. Initial qualification work will take place at a pilot production line at Fraunhofer ISE’s Photovoltaic Technology Evaluation Center.

The effects of solar module elevation on ground-mounted PV

Scientists in Hungary found that ground-mounted PV modules at an intermediate elevation of 1.1 m achieve the highest efficiency and power output due to improved airflow and reduced cell temperature. Their study also estimated a levelized cost of electricity of $0.0843/kWh and 577.78 kg CO₂ mitigation over 25 years, while noting results are specific to concrete surfaces.

Global Energy Alliance announces $25 million Grids of the Future Accelerator platform

The Global Energy Alliance for People and Planet has launched the India Grids of the Future Accelerator platform to modernize power distribution, integrate renewable energy and storage, and prepare India’s grids for rapid demand growth.

Manufacturing

Featured

Websol Energy System secures orders for 85.5 MW of solar modules

Websol Energy System announced this week that it has secured three purchase orders totalling 85.5 MW for solar modules. These orders, valued at INR 172 crore, are currently in production and are scheduled for delivery by May 2026.

Malaysia’s TTVision Holdings Berhad enters India’s solar manufacturing market

TTVision Holdings Berhad, a Malaysia-based machine vision and automation solutions provider, plans to establish a joint venture manufacturing facility in India, scheduled for commissioning in the second half of 2026. It is planning to manufacture not only automated optical inspection (AOI) systems but also additional solutions at its upcoming India facility.

Tongwei plans to acquire polysilicon competitor Qinghai Lihao

Shanghai-listed polysilicon producer Tongwei says it intends to acquire 100% of Qinghai Lihao through a share-and-cash transaction, as consolidation in China’s polysilicon sector increasingly shifts toward mergers and acquisitions.

RenewSys signs agreement with ENGIE for supply of 125 MWp TOPCon solar modules

RenewSys India has entered an agreement with ENGIE for the supply of 125 MWp of TOPCon solar PV modules. The module deliveries are scheduled between February 2026 and April 2026.

Saatvik Green Energy secures INR 87.10 crore solar module order

Saatvik Green Energy Ltd today announced that it has received and accepted an order aggregating to INR 87.10 crore from a renowned independent power producer and EPC player for the supply of solar PV modules. The order is scheduled to be executed by March 2026.

Premier Energies unveils India’s first zero-busbar TOPCon solar cell

Premier Energies Ltd today unveiled India’s first zero-busbar (0BB) TOPCon solar cell at Intersolar, Gandhinagar. The 0BB design marks a structural shift from traditional 10BB and 16BB architectures, replacing thick silver busbars with a dense matrix of ultra-fine silver lines to collect current.

Energy Storage

Featured

Delta Electronics deploys 6.4 MWh/4 MW battery storage solution for India’s first underground metro

Kolkata Metro has commissioned a 6.4 MWh/4 MW battery energy storage system (BESS) at the Central station of its Blue Line, setting a new benchmark for large-scale battery storage adoption in metro networks. Executed by Delta Electronics India, the system features all critical components designed and manufactured in-house, including the power conversion system, energy management system and battery racks.

Xbattery launches 5 kWh scalable energy storage system for residential, small office use

Hyderabad-based startup Xbattery has launched a 5 kWh scalable energy storage system (ESS) for homes and small offices. The lithium iron phosphate (LFP)-based system can be scaled up to 15 kWh by adding additional battery units.

Mexico mandates social impact reviews for BESS projects

New rules from Mexico’s Secretaría de Energía require battery energy storage systems (BESS) to submit social impact assessments for the first time, with stricter obligations above 250 MWh.

Waaree Energies arm signs 50 MW alkaline electrolyzer agreement with ZFI

Waaree Clean Energy Solutions will deploy, own and operate alkaline electrolyzer stacks for Zero Footprint Industries Ltd’s decentralized green hydrogen projects across northern India over the next five years. The renewable-powered hydrogen produced will support decarbonization of process industries and inland transport applications.

ESS Tech acquires VoltStorage GmbH to expand long-duration energy storage

US-based ESS Tech has acquired the assets and intellectual property of Germany’s VoltStorage GmbH to strengthen its long-duration energy storage (LDES) portfolio and combine two iron-based flow battery technologies.

Corporate PPA deals down 10% in 2025 as AI demand plugs gaps

BloombergNEF global report finds corporate clean energy procurement fell in 2025 for first time in nine years amid negative pricing and policy uncertainty. Big Tech leads procurement as number of cPPA offtakers halved in the United States. Solar remains the top generating technology for cPPAs.

Opinion & Analysis

Featured

Solar module prices rise faster than expected in February

Solar module prices increased by €0.01 ($ 0.012)/W to €0.015/W in February, lifting levels 15% to 18% above the December 2024 low despite falling wafer costs, as manufacturers seek to restore margins after prolonged losses.

China wafer prices fall for fourth week as discounting deepens under inventory pressure

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

India’s 2030 battery gigafactory ambition: Strengths, bottlenecks and solutions

The number of operational battery gigafactories will increase significantly, with more than 30 manufacturing sites expected to be in operation by 2030, targeting a total production capacity exceeding 290 GWh. However, challenges such as raw material and skilled labor shortages, insufficient R&D investment, and a lack of long-term strategic planning remain.

Polysilicon transactions remain subdued amid buyer hesitancy

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

India’s blueprint for sustainable solar success

By embedding quality benchmarks into procurement and manufacturing incentives, policymakers are ensuring that India’s energy transition is durable, not disposable. The focus has moved from rapid installation to long-term reliability — a sign of sectoral maturity.

UV testing, solar cell factory inspection now mandatory for Munich Re’s PV warranty insurance

The world’s largest reinsurer has recently introduced stricter requirements for PV warranty insurance to further de-risk insured PV parks and set a higher benchmark for industry wide reliability and production quality.

Press Releases

TERI’s WSDS 2026 Closes with a Blueprint for the Climate Decade

Valedictory Session at WSDS 2026 Unites Government, UN, Industry and Youth Voices to Chart a Shared Path for People, Planet, and Prosperity

ISA and IIT Delhi Deepen Partnership to Advance Solar Skills Across Member Countries

The partnership will support the training of renewable energy engineers, Solar Technology Application Centre (STAR-C) trainers, and research professionals, while promoting joint research, knowledge exchange, and technology cooperation in the field of solar energy.

Proterial to Establish a Production Site for Amorphous Metal Material Metglas in India

Proterial, Ltd. (hereinafter “Proterial”) will establish a production site for the amorphous metal material Metglas™ in India.

Working towards making India’s energy transition a model for the world – strong in ambition, steady in execution and inclusive in impact: Shripad Yesso Naik

Addressing the two-day ‘India Energy Transition Summit’, organized by FICCI, Mr Naik stated that today, the total power installed capacity has crossed 520 GW with more than half coming from non-fossil sources. Solar capacity has more than tripled in recent years and renewable energy is now mainstream and not marginal.

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