Coalition trade lawyer says the U.S. Department of Commerce’s final tariffs on solar cells and modules from Cambodia, Malaysia, Thailand and Vietnam are among the highest rates he’s ever seen.

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.

Solar cell manufacturer Indosolar Ltd, now acquired by Waaree Energies, has posted a net profit of INR 55 crore for the fiscal year 2025, a sharp turnaround from a loss of INR 15.44 crore in FY 2024.

Corporate funding in solar fell 41% year-over-year in Q1, 2025 due to policy reversals, tariff shocks and regulatory uncertainties, said a report from Mercom Capital.

The new edition of the International Technology Roadmap for Photovoltaic (ITRPV), published this week, reports that average PV module prices last year dropped by 33% compared to the end of 2023.

Vikram Solar will supply 150 MW of its advanced n-type modules to Maharashtra State Power Generation Co. Ltd (MAHAGENCO) for PV projects under Mukhyamantri Saur Krushi Vahini Yojana.

Waaree all-in-one solar kits are available in multiple capacities—from 3 kW to 10 kW for homes, and up to 5 MW for commercial and industrial clients.

GAIL (India) Ltd is accepting bids to set up a 17.5 MW (AC) grid-connected floating solar power plant at its Pata plant in the Auraiya district of Uttar Pradesh.

CleanMax has commissioned a 92.1 MW wind-solar hybrid plant in Bengaluru to power technology company Cisco’s India campus—one of its largest hubs outside the U.S.

Developed in partnership with clean energy solutions provider AB Energia Solutions, the project is said to be Odisha’s largest captive solar installation within a single industrial campus.

The result was confirmed by the U.S. Department of Energy’s National Renewable Energy Laboratory (NREL).

Indexel Engineering has secured 50 MWh supply of sodium-ion batteries from US-based battery innovator Unigrid.

Attero and the National Institute of Solar Energy (NISE) have signed a memorandum of understanding for research and development of solar panel recycling technology in India.

Premier Energies Ltd has partnered with Germany-based RENA Technologies GmbH on process innovations for n-type solar cells and the development of wet chemistry techniques for next-generation tandem solar cells.

Longi said it has achieved a 27.81% efficiency rating for a hybrid interdigitated back contact, as confirmed by Germany’s Institute for Solar Energy Research Hamelin (ISFH).

ReNew has showcased its bifacial n-type TOPCon solar modules with peak power output ranging from 570 W to 590 W and power conversion efficiency of 22.07% to 22.84%, respectively.

Researchers at two South Korean universities have collaborated to achieve a breakthrough in lithium-ion battery technology by developing a novel hybrid anode material.

Levante, an Italian carbon fiber solar PV design and engineering company, has introduced 110 W and 55 W panels for offgrid recreational applications. The modules are lightweight, semi-rigid and made with recycled carbon fiber material.

Gautam Solar has introduced n-type TOPCon rectangular bifacial panels with power output ranging from 620 Wp to 640 Wp and efficiency ranging from 22.95% to 23.69%.

Clean Energy Associates (CEA) has inspected more than 600 industrial PV systems and has found widespread safety risks, largely stemming from poor installation practices, but many issues are easily identifiable and fixable.

HG Infra Engineering and Solarworld Energy Solutions have emerged winners in a 1 GWh standalone battery energy storage tender by utility Gujarat Urja Vikas Nigam Ltd (GUVNL).

Union minister of new and renewable energy, Pralhad Joshi, recently visited Greenko’s $4.2 billion integrated renewable energy project that combines 4 GW of solar and 1 GW of wind power generation components with 1.68 GW/10.08 GWh pumped hydro storage.

BluPine Energy has secured a 25-year power purchase agreement with Solar Energy Corp. of India (SECI) for a 150 MW solar project with energy storage in the Bikaner district of Rajasthan.

Waaree Renewable Technologies has reported a revenue of INR 1,597.75 crore for FY 2024-25, a growth of 82.3% compared to INR 876.50 crore in FY 2023-24.

The European Commission has cleared a €400 million ($455.2 million) Spanish aid program to scale renewable hydrogen output, backing up to 345 MW of electrolyzer capacity and targeting 221,000 tons of production via the EU Hydrogen Bank’s 2025 auction round.

In 2024, the global corporate clean energy procurement market grew strongly, with a record 68 GW of power purchase agreements (PPAs) and other clean energy procurement deals announced. That amounted to 29% growth against the previous year. Caroline Zhu and Bruno Brunetti, of S&P Global Commodity Insights, examine the trends behind these numbers.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, FOB China TOPCon below 450 W modules for spot loading were stable at $0.093/W, with price indications between $0.087-0.100/W. Furthermore, it reveals that current price increases are not being uniformly adopted across all Chinese manufacturers, with significant price differences—often several euro cents— being observed between the Top 5 and Top 10 manufacturers.

According to the “Energy Statistics India 2024” report by the Ministry of Statistics and Programme Implementation, total emissions from the energy sector have been on the rise, underscoring the urgency for sustainable energy practices and stronger ESG-aligned interventions.

There is no consensus on the future of PV technology but there is general agreement that existing silicon solar cells do not represent the pinnacle of solar energy generation. This has resulted in the exploration of alternative materials and device architectures, with tandem solar cells emerging as the front runner for the next generation of solar cells to be deployed at scale.

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.