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Vikram Solar awarded EcoVadis Platinum medal for sustainability

With EcoVadis Rating, Vikram Solar joins top 1% globally in sustainability performance.
Highlights

pv magazine Homeowner Guide: Finding the right solar installer

pv magazine is compiling a guide to home solar installations, aimed at those who are interested in installing but are new to the market and want to make an informed decision. We have spoken to associations, installers and industry specialists in major so...
Highlights

Adani Green switches on 187.5 MW solar at Khavda

Adani Green Energy Ltd has operationalised 187.5 MW solar power capacity at Khavda, Gujarat.
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Highlights

Acme Solar commissions 112.5 MW in Rajasthan

Acme Solar has commissioned an additional 112.5 MW of its 300 MW Sikar PV project in Bikaner, Rajasthan.  This follows the commissioning of an initial capacity of 52.5 MW in early May.
Highlights

Inox Green secures O&M contract for 639 MWp of solar projects

Inox Green Energy Services announced it has signed agreements to provide operation and maintenance (O&M) services for 639 MWp of solar projects owned by one of India’s leading renewable energy companies.
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Highlights

U.S. trade body places final stamp on solar duties

The U.S. International Trade Commission has activated steep duties to offset what it deems improper trade practices supporting U.S. solar imports from Cambodia, Malaysia, Thailand and Vietnam.
Installations

All agrivoltaic system designs at a glance

Researchers in Sweden and Italy analyzed the economics of one-axis, vertical, and elevated PV systems for agrivoltaic applications, finding that overhead agrivoltaic systems may perform better the further south they are installed. The discounted payback ...
Highlights

Waaree Energies Board of Directors approves acquisition of Kamath Transformers, Green New Delhi Forever Energy

Waaree Energies' Board of Directors has approved the acquisition of Kamath Transformers by the company. The Board also approved the acquisition of Green New Delhi Forever Energy by Waaree Forever Energies, a wholly owned subsidiary of Waaree Energies.

Markets & Policy

Featured

India installed 7 GW solar in Q1 2025, says Mercom

India installed 5.5 GW of large-scale solar and 1.2 GW of rooftop solar in the January–March quarter of 2025. Large-scale solar installations were down over 36% year-on-year.

From TOPCon dominance to the rise of back-contact solar modules

Having invested heavily in TOPCon, solar manufacturers in India are beginning to explore hybrid solutions such as BC-TOPCon as a bridge between TOPCon and back-contact (BC) technologies. These hybrid models could ease the transition to BC by enabling manufacturers to leverage existing infrastructure while incorporating more efficient designs.

U.S. solar and storage industry calls for changes in reconciliation bill

The Solar Energy Industries Association provided analysis of the devastating impact the changes to energy tax credits will have on jobs, manufacturing and the ability to meet the country’s rapidly growing energy demand.

French startup offers solar carports made of aluminum

Photovoltaic system shade structures made of steel, wood or concrete are common. Much less so are those made of aluminum, the material used for their construction by Closura, a French designer and manufacturer of gates and outdoor shelters.

The Hydrogen Stream: Nuberg EPC partners Germany’s EDL to develop sustainable solutions including green fuels

Nuberg EPC and EDL Anlagenbau Gesellschaft mbH (a Poerner Group company) have signed a technical collaboration agreement (TCA) for the development of green hydrogen and derivatives such as green ammonia, green methanol and sustainable aviation fuels.

Middle East, Southeast Asia wafer makers ramp capacity amid record-low prices

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.

Installations

Featured

Waaree Renewable sets up subsidiary for power generation from non-conventional energy sources

Waaree Renewable Technologies has established a wholly owned subsidiary named Sunsational Power for power generation from non-conventional energy sources.

Italy installs 1.24 GW of solar in Q1

Italy installed 1.24 GW of new solar capacity in the first quarter, a 19% decline from the same period in 2024, according to renewables association Anie Rinnovabili. The slowdown highlights mounting headwinds in the country’s PV market.

Biwatt launches commercial sodium-ion energy storage product

Biwatt has unveiled a 155 kWh sodium-ion battery energy storage system (BESS) for commercial and industrial (C&I) customers.

ACME Solar Q4 profit drops 77% to INR 122 crore despite strong revenue growth

Acme Solar has reported a net profit of INR 122 crore for the fourth quarter ended March 31, 2025, down 77% year-on-year from INR 532 crore in Q4 FY 2024. The total income for the quarter, however, rose 69.5% YoY to INR 539.25 crore.

Reliance Power secures long-term PPA with Bhutan’s GDL for 500 MW solar project

Reliance Power, in partnership with Druk Holding and Investments Ltd (DHI), will develop the 500 MW solar power project in Bhutan with a capital outlay of up to INR 2,000 crore.

ReNew breaks ground on INR 22,000-crore hybrid renewable energy project in Andhra Pradesh

ReNew has started building a hybrid renewable energy project in Andhra Pradesh, which, upon completion, will have an installed capacity of around 2.8 GW (1.8 GWp of solar and 1 GW wind power), supported by a 2 GWh battery energy storage system.

Technology

Featured

The missing link in India’s energy transition

While generation capacity from renewables has grown steadily, and commendable strides have been made to reduce the cost of solar PV cells for example, our ability to store, intelligently manage and distribute that energy still remains a massive challenge. This gap isn’t just a technical bottleneck, but also a strategic vulnerability that requires much attention across the entire renewable energy value chain.

Hitachi Energy India Q4 revenue up 13.1% YoY

Hitachi Energy India has reported a revenue of INR 1,921.9 crore in January–March 2025, a YoY growth of 13.1%. Profit after tax is 61.8% up YoY at INR 183.9 crore.

Building the hydrogen economy: Overcoming infrastructure challenges

Building India’s hydrogen economy requires strategic infrastructure planning, targeted investments, and supportive policies. As industrial leaders continue demonstrating the viability of renewable energy transitions, the groundwork for hydrogen infrastructure follows naturally.

L&T wins IndianOil’s tender for 10ktpa green hydrogen plant at Panipat refinery

Larsen & Toubro has won Indian Oil Corp.’s tender for a green hydrogen production plant with a capacity of 10,000 tonnes per annum at a competitive bid of INR 397/kg.

Siemens Ltd new orders up 44% yoy in Jan-Feb-March quarter

Siemens Ltd has secured new orders worth INR 5,305 crore in the quarter ended March 31, 2025, 44% up year-on-year. Revenue for the quarter increased 2.6% to INR 4,259 crore.

How AI is optimizing solar plant efficiency

Artificial intelligence (AI) is changing the world of solar energy as it allows plants to monitor, learn and adapt in real time. Given enormous data collected from several sensors, smart meters, drones, and even weather stations, AI systems utilize machine machine learning algorithms to optimize performance, predict problems and even detect patterns.

Manufacturing

Featured

Advait Energy Transitions receives corporate affairs ministry’s approval to set up hydrogen equipment arm

Advaiteco Technologies will focus on the manufacturing, assembly, integrated supply, and trading of hydrogen technology equipment and products to support green ammonia, green hydrogen, and green methanol projects.

RenewSys advances encapsulant expansion to 30 GW

RenewSys, a solar PV module and component manufacturer, is adding eight new encapsulant manufacturing lines, bringing its total to 19 lines with a cumulative production capacity of 30 GW.

Premier Energies, Sino-American Silicon enter JV for solar wafer manufacturing 

Premier Energies Ltd has signed a 74:26 joint venture agreement with Taiwan-based Sino-American Silicon Products Inc. (SAS). The JV will establish a 2 GW per annum solar wafer manufacturing plant in India.

Premier Energies, Nuevosol enter JV to manufacture aluminium frames for solar modules

Premier Energies Ltd has entered into a joint venture with Hyderabad-based Nuevosol Energy. The JV will set up a 36,000 MT/year aluminium extrusion and anodizing facility in Seetharampuram, Telangana.

Websol posts INR 154.70 crore profit in FY 2025

Websol Energy System Ltd, a solar cell and module manufacturer, has reported revenue from operations of INR 575.5 crore for FY 2025, a significant increase from INR 25.9 crore in FY 2024. The company has posted a net profit (PAT) of INR 154.70 crore in FY 2025, compared to a loss of INR 121 crore in the previous fiscal year.

Waaree Solar Americas announces $200 million investment in battery energy storage systems

The latest announcement follows parent company Waaree Energies’s commitment of up to $1 billion to the U.S. solar ecosystem, bringing Waaree’s total planned investment in the USA to $1.2 billion by 2028.

Energy Storage

Featured

Honduras to launch 1.5 GW tender, including 975 MW of renewable energy with storage

The National Electric Energy Company has submitted rules for the international public bidding process for the purchase of 1.5 GW of capacity and energy. The tender will consist of 65% renewable energy with storage and 35% non-renewable energy. The bidding process has also been presented to a forum of Chinese investors.

Husk Power Systems receives $5 million debt financing from IFC

The financing package will enable Husk Power Systems to develop and operate up to 108 mini-grid sites in Nigeria.

pv magazine Homeowner Guide: Top tips and red flags to home solar

pv magazine is compiling a guide to home solar installations, aimed at those who are interested in installing but are new to the market and want to make an informed decision. We have spoken to associations, installers and industry specialists in major solar markets across the globe to compile best practice guidance and advice that aims to be applicable to home solar installations anywhere in the world. The first part of the series aims to help homeowners looking to embrace PV identify the best installers on the market.

Advait Energy Transitions total income up 92% YoY to INR 406.46 crore

Advait Energy Transitions has posted a consolidated total income of INR 406.46 crore and consolidated net profit of INR 32 crore for the fiscal year ended March 31, 2025.

Falling prices, rising geopolitical risks define energy storage scenarios

Experts speaking at the upcoming NetZero Milan Expo-Summit 2025 have told pv magazine that lithium’s rising competitiveness is pressuring emerging chemistries like sodium-ion, as the market shifts from incremental gains to larger cells that could reshape enclosure design.

BC Jindal Group’s JIRE secures 300 MW solar-BESS order from SJVN

Jindal India Renewable Energy (JIRE) has won a 300 MW solar project coupled with battery energy storage system at a tariff of INR 3.32/kWh.

Opinion & Analysis

Featured

Large-scale solar projects facing outsized risks

Obsolescent technology, serial defects, maintenance difficulties, and grid connection limitations are all creating unique risk management problems for North American solar.

US-China tariff negotiations and impacts  

Although the suspension of the 24% tariff under Section 301 sends a signal of easing, the retention of the full 10% under Section 201 and the average 83% anti-dumping/countervailing duties means that Chinese solar PV exports to the US still face a combined tax rate of nearly 200%.

Solar cell prices decline, production regions continue to diversify

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.

Harnessing the power of agrivoltaics: the future of sustainable land use

With the increasing pressure to decarbonise the energy system while preserving arable land and biodiversity, agrivoltaics is quickly becoming a vital pathway towards sustainable development. A new report from the IEA PVPS Task 13 lays out a compelling vision for how solar energy and agriculture can not only coexist but thrive together.

Tracking the Sun for a brighter tomorrow 

Solar trackers are not just an upgrade to existing PV setups—they have the potential to be as crucial as any other component in a solar power plant.

De-risking investments for India’s energy transition

As India strives to move away from its reliance on coal and other fossil fuels, financing this transition remains one of the greatest hurdles. The key challenge lies in de-risking investments to attract the necessary capital for a sustainable and low-carbon energy future.

Press Releases

Panasonic Energy India Records 14.35% increase in PBT

For the financial year ending March 31, 2025, the company registered 14. 35% profit before tax (PBT) and closed the balance sheet with a market cap of over ₹2586 million.

REC Limited Successfully Raises ₹5,635 Crore Through Private Placement of Bonds

The offering included ₹ 3,000 crore through 2 years 8 Month bonds at coupon of 6. 52% p.

OHMS Energy Empowers Educational and Life Sciences Institutions with Smarter, Greener Energy Solutions

Institutions typically consume between 200 to 1,200 kWh per day.  With solar installations ranging from 50 to 250 kW, OHMS Energy helps offset 25% to 80% of their daily energy usage.

Panasonic Smart Factory Solutions India Introduces State-of-the-art Welding Machine and Water Cooling Unit to Advance India’s Industrial Sector

Panasonic Smart Factory Solutions India (PSFSIN), a division of a global leading diversified technology company Panasonic Life Solutions India (PLSIND), has launched its next-generation welding solution portfolio, including the Welding Power Source (YD-400AT3DJU) and Water Cooling Unit (YX-09KJ1DJF).

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