GREW Solar has raised INR 1,050 crore in a new funding round led by Bay Capital Investment Ltd, with participation from two other institutional investors. The company said it will use a significant portion of the proceeds to expand the manufacturing capacity of its upcoming PV cell facility from 3 GW to 8 GW.

Advait Energy Transitions Ltd has reported strong financial performance for the third quarter and first nine months of FY26, driven by execution momentum across its power transmission solutions and new & renewable energy businesses.

The US Department of Justice (DoJ) has withdrawn from defending the executive order that paused certain tariffs on imported solar components, leaving private industry groups and companies to continue the appeal. The withdrawal increases legal uncertainty over potential retroactive duties tied to imports from Cambodia, Malaysia, Thailand, and Vietnam.

Pace Digitek Ltd has received a Letter of Award (LoA) from Karnataka Renewable Energy Development Ltd (KREDL) to set up a 250 MW solar PV project integrated with a 250 MW/1,100 MWh battery energy storage system (BESS) at Ryapte in the Pavagada Solar Park, Karnataka.

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.

Large-scale projects accounted for nearly 81% of the total solar capacity additions in the year 2025.

German researchers found that agrivoltaics costs far exceed agricultural benefits, raising doubts about subsidies and highlighting the need for more cost-competitive system designs.

INOX Clean Energy, part of INOXGFL Group, has partnered with diversified Indian conglomerate RJ Corp Ltd and utility-scale solar developer SkyPower to launch a fully integrated renewable energy platform to deploy more than 10 GW of solar capacity across Africa.

Hyderabad-based Bondada Engineering Ltd (BEL) has signed a memorandum of understanding (MoU) with Dubai-headquartered Bryanston Renewables FZCO to jointly develop renewable energy-powered data centers in India and select international markets.

Amara Raja Energy & Mobility’s Board of Directors has approved the incorporation of a wholly owned subsidiary in the US for strengthening the company’s customer servicing capabilities and facilitating global business expansion.

NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Assago Industries for the supply of green ammonia, CO₂, renewable power, and other utilities to support the production of 1,000 tonnes per day (tpd) of green urea.

We are preparing for a future where transformers are dynamic energy hubs, stabilizing a grid that is constantly fluctuating between charging EVs and absorbing solar export.

The role of carbon steel pipes in India’s energy and infrastructure grid will continue to evolve alongside the country’s development priorities. As networks expand and operating conditions become more demanding, value will be defined not by capacity alone, but by lifecycle performance, reliability, and sustainability.

The system operator regularly had to curtail solar generation as an emergency measure to maintain grid security, as other resources were already flexing to their maximum capabilities. Lost solar generation highlights the need for flexibility to grow at pace with solar capacity.

Ahead of the presentation of the Union Budget 2026–27, stakeholders across India’s solar and energy storage ecosystem have urged the government to focus on tax reforms, expansion of production-linked incentive (PLI) schemes with targeted allocations, faster viability gap funding (VGF) disbursements, additional funding for residential rooftop solar, improved access to long-term and affordable green finance, and a stronger push for circular economy initiatives and grid modernisation.

Insolation Energy Ltd has reported a 175% year-on-year increase in Q3 FY 2025-26 EBITDA to INR 81.7 crore. The quarterly revenue rose 77% to INR 575.3 crore.

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.

The Silver Institute has said the amount of silver used for manufacturing is set to fall this year, driven by developments in the solar sector. The institute also says the silver market will remain in deficit for the sixth consecutive year. Philip Newman, Managing Director of independent research consultancy Metals Focus, told pv magazine the fact prices have recovered quite well after the end-January correction demonstrates the underlying strength of investor interest in silver.

Jupiter International Ltd has commissioned a 1 GW mono PERC solar cell manufacturing facility at its Baddi site in Himachal Pradesh, increasing its total installed capacity to nearly 2 GW from 959 MW.

The Chinese manufacturer said it developed a new circuit-model–based method to accurately detect hot-spot risks in TOPCon back-contact modules, overcoming limitations of the IEC 61215 approach caused by low shunt resistance. Validated through indoor and outdoor tests, the method predicts temperature rise under shading and reportedly enables faster, more accurate hot-spot risk assessment.

EVE Energy says a 200 MW/400 MWh battery energy storage project in China has entered operation, which it describes as the world’s first utility-scale deployment of 628 Ah lithium iron phosphate (LFP) cells.

Gujarat Urja Vikas Nigam Ltd. (GUVNL) has concluded its tender for 335 MW/670 MWh of standalone battery energy storage system (BESS) capacity, discovering a tariff of INR 2.10 lakh per MW per month.

Switzerland-based Energy Vault has secured an initial 1.5 GWh of sodium-ion battery supply from Peak Energy to develop integrated storage systems for artificial intelligence-focused data centers.

To meet the peak-hour supply requirement, AMPIN Energy Transition will pair the contracted 199 MW solar capacity with around 800 MWh battery energy storage system (BESS).

Premier Energies Ltd has formed a joint venture with BA Prerna Renewables to undertake EPC contracts for solar, wind, standalone battery energy storage system (BESS), and solar-wind-battery hybrid projects across India.

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.

As the country accelerates towards a greener future, the focus is rapidly shifting to financing the entire electric vehicle (EV) ecosystem, spanning charging infrastructure, batteries, fleet operations, and clean energy integration. This transition marks the emergence of EV Financing 2.0: a more holistic approach that goes beyond point-of-sale lending to enable sustainable, scalable, and economically viable green mobility.

Green hydrogen will scale not through isolated technology breakthroughs, but through disciplined engineering execution. Projects that embed electrolysers within robust, flexible, and future-ready Balance-of-Plant architectures will define the next phase of industrial decarbonisation and renewable energy integration worldwide.

The upcoming budget must prioritize in-house technology and equipment development, provide clarity on delayed power purchase agreements (PPAs) and power sale agreements (PSAs), increase budgetary allocation and policy support for Green Energy Corridors, introduce production-linked incentives for battery energy storage system (BESS) manufacturing, establish an Approved List of BESS Integrators (ALBI), lower the cost of capital through priority sector lending, extend ALMM for solar cells, and continue the ISTS waiver, among other measures.

The India–EU free trade agreement is emerging as a platform for climate-trade convergence. The climate dimension is not incidental—it’s already embedded in ongoing India–EU frameworks.