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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.
Highlights

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.
Highlights

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 Marc...
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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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Highlights

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 o...
Highlights

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.
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Energy Storage

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 syste...
Energy Storage

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.
Highlights

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.

Markets & Policy

Featured

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.

Enerparc launches power trading arm in India

Enerparc has announced the launch of Enerparc Power Trading Pvt Ltd, expanding its presence in India beyond renewable energy generation to power trading and market access segment. 

U.S government sets preliminary countervailing duties on solar imports from India, Indonesia and Laos

The U.S. Department of Commerce has issued preliminary findings that solar manufacturers in India, Indonesia and Laos benefited from government subsidies, paving the way for countervailing duties of up to 143.30%.

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.

 

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.

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.

Installations

Featured

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.

Global-warming-induced degradation could raise rooftop solar LCOE by up to 20%

A global study finds climate change will sharply increase high-temperature risks, accelerate degradation, and raise costs for rooftop PV, with economically disadvantaged regions hit hardest. Researchers warn current IEC standards underestimate future risks, urging urgent updates to avoid stranded assets and rising electricity costs.

Solar LCOE to fall 30% by 2035, says BloombergNEF

Analysis from BloombergNEF finds the levelized cost of electricity (LCOE) of a typical fixed-axis solar farm increased by 6% year-on-year in 2025 to stand at $39/MWh, but innovation and competition are expected to see costs fall by 30% through to 2035.

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.

Technology

Featured

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.

ISA unveils global mission to help 120+ member countries fast-track AI-enabled clean energy

The International Solar Alliance (ISA) convened a high-level session at the India AI Impact Summit 2026 to advance global dialogue on the transformative role of Artificial Intelligence (AI) in the clean energy transition.

Manufacturing

Featured

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.

Vikram Solar secures 378.75 MW module order for Indian Oil-NTPC JV project

Vikram Solar has secured an order to supply 378.75 MW of n-type TOPCon solar modules for a project developed by Indian Oil NTPC Green Energy Pvt Ltd (INGEL), a joint venture between Indian Oil Corp. Ltd and NTPC Green Energy Ltd.

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.

Inside the PV recycling black box

How PV modules are treated at the end of their life is an increasingly important issue, but some recycling practices leave a lot to be desired. Scott Azevedo from Intertek CEA explores how asking the right questions, paying closer attention to end-of-life treatment, and steering volume toward good recyclers can have positive long-term consequences for the solar industry.

Vikram Solar signs 2 GW PV cell deal with Jupiter International

Vikram Solar has signed the agreement to procure 2 GW of high-efficiency TOPCon and mono PERC solar cells from Jupiter International.

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.

Energy Storage

Featured

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.

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.

Panasonic debuts fuel cell cogeneration system for PV‑integrated homes

Panasonic has launched a new home fuel cell system for detached houses, designed to boost solar self-consumption through HEMS‑based smart scheduling. The unit generates electricity and heat from gas, supports demand response, and can supply emergency power during outages.

India must leverage its mature renewable energy base to sustainably power its global AI data centre hub ambitions: Deloitte report 

India’s expanding renewable energy base and clean power can play a central role in supporting the next phase of data center growth, supported by smarter power sourcing, stronger grid readiness and coordinated policy action to ensure reliable and sustainable energy at scale, says a new report by Deloitte Asia Pacific.

Global utility-scale battery capacity rises 12-fold in 2020-24 period

The global capacity of utility-scale batteries increased more than 12-fold between 2020 and 2024 to 124 GW, while average battery costs fell 58% over the period, according to the Electricity 2026 report from the International Energy Agency (IEA).

“We’re ready to support our customers’ energy transition—whether from electrons or molecules”: Thermax executive VP

Arun Unni, Executive Vice President and Business Head – New Energy & Head of Strategy at Thermax, speaks to pv magazine about the evolving green hydrogen market, electrolysis economics, and the company’s ambitions in this space through global technology tie-ups. He also discusses the emerging carbon credit trading system and new opportunities for Thermax in biomass, sustainable fuels, and round-the-clock renewable energy solutions.

Opinion & Analysis

Featured

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.

China TOPCon solar module prices ease after 4-week rally on silver pullback, holiday slowdown

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.

Why corporate relations will define the green energy future

Green energy development today is being undertaken in a complex environment that is influenced by long-term capital commitments, changing regulation, and greater public and investor scrutiny. In this context, corporate relations is no longer restricted to disclosures, or media relations. It has become a strategic function that affects the way organisations are understood, evaluated and trusted over the course of time.

Press Releases

KLK Ventures Signs MoU with Government of Uttar Pradesh at Investment Roadshow in Singapore

KLK Ventures (Singapore) Pte Ltd participated in the Uttar Pradesh Investment Roadshow held in Singapore on 24 February 2026, organised by the Government of Uttar Pradesh in association with the High Commission of India in Singapore. The Roadshow featured a keynote address by the Hon’ble Chief Minister of Uttar Pradesh, Yogi Adityanath, who highlighted the State’s strong investment potential, progressive policy framework, and rapid infrastructure-led growth.

WattPower Delivers 5 GW+ Solar Capacity Under India’s PM-KUSUM Scheme; Strengthens Market Leadership Across Rajasthan, Gujarat & Maharashtra

WattPower, a leading renewable energy solutions provider, today announced that it has successfully delivered 5 GW+ of solar capacity under the Government of India’s PM-KUSUM scheme, accelerating the adoption of decentralised renewable energy across rural India.

Hartek Singh Elected as Chairman of ELECRAMA 2027

Hartek Singh, Chairman and Managing Director of Hartek Group, one of India’s leading power and renewable engineering and construction companies, has been elected Chairman of ELECRAMA 2027, the world’s largest electrical and allied electronics exhibition and the flagship event of the Indian Electrical & Electronics Manufacturers’ Association (IEEMA).

Kärcher India appoints Puneet Sharma as Managing Director – Alfred Kärcher India Network (AKIN)

Kärcher India, a global leader in cleaning technology and solutions, has announced the appointment of Mr Puneet Sharma as Managing Director – Kärcher India, effective January 21, 2026.