As of Feb. 28, 2025, India’s installed solar capacity stands at approximately 102.57 GW, contributing significantly to its renewable energy mix. To meet the 500 GW target, solar energy will need to contribute nearly 300 GW.

PM Surya Ghar: Muft Bijli Yojana (PMSGMBY), the world’s largest domestic rooftop solar initiative, has achieved a historic milestone with 10 lakh homes now solar-powered as of 10th March 2025.

The company has also unlocked INR 260 crore to reinvest for 1 GW of solar power assets by 2026-27.

The best businesses aren’t just adapting to the changing landscape; they’re leveraging sustainability to drive innovation, reduce costs, and build stronger relationships with their customers and stakeholders. Business leaders are turning sustainability into a growth driver rather than a cost center by adopting the right practices.

The move toward electrifying everything is a business opportunity, and many residential solar companies have been creative in adding solar to places other than home rooftops

Adani Green Energy (AGEL), with over 12.5 GW of operational renewable energy assets, has committed to achieving net water positivity across all its operational locations by 2025-26.

Despite the down year, Wood Mackenzie forecasts the market to more than triple in size by 2035.

Norway’s Scatec Asa has signed a 25-year power purchase agreement (PPA) with Egypt Aluminium for a 1.1 GW solar plant with 100 MW/200 MWh of battery energy storage. The agreement has been billed as Egypt’s first utility-scale PPA with an industrial offtaker.

JSW Energy arm JSW Neo Energy has acquired Jaipur based renewable power producer Virya Infrapower for INR 7.54 crore.

A report from the Global Solar Council says Africa’s solar deployment is set to accelerate in the coming years, but stresses that mobilizing finance and strong regulatory frameworks will be required to attract investors.

A research group in India has embedded a hybrid heterojunction solar cell as a bottom device in a four-terminal perovskite-silicon solar cell using a solution processing technique. The novel cell architecture, according to its creators, could be produced at significantly lower costs compared to conventional perovskite-silicon tandem designs.

Leveraging artificial intelligence, automation, and real-time data, ESG SaaS (software-as-a-service) systems enable companies to optimize energy use, enable and enhance transparency, and comply with regulatory requirements.

Deepak Pahwa, chairman of the Pahwa Group and managing director of Bry-Air, told pv magazine, Bry-Air has already undertaken an air-to-water generation prototype for a green hydrogen project in a desert region outside India. When the prototype is up and running, 500 units of the system will be installed to produce huge quantity of hydrogen.

RoboForce says its AI-enabled robots can install modules “faster and cheaper” than human workers.

Socomec showcased its DELPHYS XM UPS, power quality meters DIRIS A-100 and A-200, and FP ESS fuses for energy storage systems.

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.

The energy storage market is rapidly evolving with cutting-edge battery technologies leading the way. Ongoing advancements are improving lithium batteries’ safety and longevity, further solidifying their position as the preferred choice for solar energy storage systems. Other promising developments are solid-state batteries, flow batteries, and sodium-ion batteries.

A longitudinal research project from the Fraunhofer Institute for Solar Energy Systems ISE reveals that since 2017, the institute has measured less power on average in a solar module than promised by the manufacturer.

Swiss-British university spinoff, GraphEnergyTech, is developing graphene electrode technology to replace silver and other metals traditionally used in solar cell manufacturing

India’s Ministry of New and Renewable Energy (MNRE) has clarified that solar cells manufactured using imported diffused silicon wafer (generally called ‘blue wafer’) shall not qualify for MNRE schemes and programmes that mandate use of domestically manufactured solar PV cells.

Tamil Nadu Green Energy Corp. Ltd (TNGECL) has invited bids to develop six standalone battery energy storage systems for a cumulative capacity of 1000 MWh (500 MW x 2 hours) for on-demand usage by the state discom in Tamil Nadu.Bidding closes on April 2.

REC Ltd has signed an MoU with the Energy Management Centre (EMC), Government of Kerala, for collaboration and INR 18,360-crore financing of pumped storage projects in Kerala over the next five years.

A CEEW study says that if India’s power demand were to continue to outpace current projections, the nation must target 600 GW of non-fossil capacity by 2030 to meet the demand most reliably and affordably.

2024 marks the second consecutive year in which India more than doubled its annual renewable auction volumes, says a new report by BloombergNEF.

NTPC Ltd will invest in building 4.2 GW of nuclear, 1.2 GW of pumped storage and 2 GW of renewable energy projects in Chhattisgarh.

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.

While many data centres have started using solar power as part of their energy sources, they still depend on grid energy because of regulatory issues like discom regulations and banking policies. To enhance the use of green energy and lessen reliance on fossil-fuel-based grid electricity, combining battery energy storage systems (BESS) with hybrid solar and wind power systems is a practical solution.

As India advances toward its Vision 2047 goals, solar module and cell manufacturing must be at the heart of the renewable energy strategy. While policy interventions like ALMM and production-linked incentives have laid a strong foundation, the next phase requires intensifying domestic raw material manufacturing and supply chains, scaling solar cell production with novel technologies, developing a skilled workforce to support advanced manufacturing, and elevating export competitiveness through quality certifications and trade agreements.

The wind-solar hybrid power projects were awarded to four successful bidders at tariffs ranging from INR 4.64/kWh to INR 4.73/kWh.

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.