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Premier Energies secures orders for solar modules worth INR 1,234 crore

Premier Energies Photovoltaic has received two domestic orders aggregating to INR 1,234 crore for supply of solar modules.
Highlights

Army Solar building 3 GW TOPCon module factory in Surat

Army Solar, PV manufacturing arm of Army Looms and Textile Co., plans to start production from its 3 GW TOPCon solar PV module manufacturing facility by the end of April.
Highlights

Cliantech Solutions secures module line deals with Cosmic PV Power, Veda Solar 

Cliantech Solutions has signed deals to supply and set up 3.1 GW of solar module manufacturing lines, including 1.6 GW for Cosmic PV Power and 1.5 GW for Veda Solar.  
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Installations

Sineng Electric supplies central inverters for ArcelorMittal Nippon Steel’s RE project in Andhra Pradesh   

Sineng Electric supplied 184 units of its 3.3 MW central inverter (EP-3300-HB-UD), delivering a cumulative capacity of 606 MW AC.
Highlights

Philippines’ green energy auction heavily oversubscribed with nearly 7 GW of pumped hydro bids

The country’s Green Energy Auction (GEA-3) attracted a cumulative 7.5 GW of projects, far surpassing the 4.65 GW installation target.
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Highlights

Waaree Renewable Technologies secures EPC for 40 MWh battery storage

Waaree Renewable Technologies has received a Letter of Award (LoA) from Continuum Green Energy for engineering, procurement and construction of 40 MWh battery storage in Gujarat. The energy storage will be integrated in Continuum Green Energy's wind-sol...
Installations

India could cut industrial emissions by 65% by 2050 with policy interventions

WRI India projects that industrial emissions could be reduced by 65% in 2050 with policy-driven interventions compared to a reference scenario without additional policies.
Highlights

India’s CDIL launches solar bypass diodes 

CDIL Semiconductors has unveiled India’s first indigenous solar bypass diodes. The company say its diodes are optimized for India’s extreme weather conditions with their industry-leading low forward voltage drop and high thermal stability. 

Markets & Policy

Featured

Global module prices stable-to-soft amid mixed sentiments

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.

PM Surya Ghar: Muft Bijli Yojana turns one

The PM Surya Ghar: Muft Bijli Yojana, the world’s largest domestic rooftop solar initiative, is reshaping India’s energy landscape with a bold vision to supply solar power to one crore households by March 2027.

Tata Power Renewable Energy, ONGC collaborate on battery energy storage systems

Tata Power Renewable Energy Ltd and Oil and Natural Gas Corp have signed an agreement to jointly explore and identify commercial opportunities across various segments of the battery energy storage system (BESS) value chain.

LCOE of grid-scale solar expected to drop 2% globally in 2025

A report from BloombergNEF said fixed-axis solar levelized cost of energy is expected to fall to $0.035/kWh, while battery energy storage LCOE is expected to decrease 11%.

ONGC NTPC Green acquires Ayana Renewable Power

ONGC NTPC Green, a joint venture of ONGC Green and NTPC Green Energy, has signed the agreement to acquire a 100% equity stake in Ayana Renewable Power (Ayana) for INR 195 billion ($2.3 billion). 

JinkoSolar sues Waaree Energies for alleged TOPCon patent infringement

JinkoSolar has filed a lawsuit in Texas against Waaree Energies and its US subsidiary for the alleged infringement of one of its n-type tunnel oxide passivated contact (TOPCon) patents, marking another move in its aggressive patent defense strategy.

Installations

Featured

Global utility-scale solar additions hit 182 GW in 2024

Utility-scale solar installations reached 182 GW (AC) in 2024, with the top 33 countries now accounting for 765 GW, or roughly 93% of the global total, according to Wiki-Solar.

ACME Solar Holdings reassigned A+/Positive credit rating by Crisil

Acme Solar Holdings Ltd has been reassigned ‘Crisil A+/Positive’ rating for its long-term bank loan facilities of INR 200 crore.

TCIL seeks EPC partner for 120 MW solar project in Bhutan

Telecommunications Consultants India Ltd has floated a Request for Proposal (RFP) for the selection of a consortium partner for design, supply, installation, testing and commissioning of 120 MWp Jamjee solar PV project in Thimphu.

Germany allocates 2.15 GW in latest PV tender, final average price for first time under €0.05/kWh since 2019

Germany’s latest auction for utility-scale solar concluded with prices ranging from €0.0388 ($0.0400)/kWh to €0.0495/kWh. The procurement exercise was significantly oversubscribed.

Juniper Green raises $1 billion in debt financing to expand its clean energy portfolio

Juniper Green Energy has secured $1 billion in phased debt financing to support the development of wind-solar hybrid and firm & dispatchable renewable energy (FDRE) projects.

South Australia leads international rooftop solar cost rankings

A new study of residential solar installation costs reveals South Australia has the lowest costs nationally while even Australia’s most expensive states are about three times cheaper than those in the United States and Canada.

Technology

Featured

New test method for curved VIPV surfaces

IEA-PVPS has conceived a new test method and analysis of the impact of curvature in vehicle-integrated photovoltaics (VIPV) surfaces. Over the course of an 8-day summertime trial in south-eastern France, the researchers found that the curvature triggered irradiance and temperature non-uniformity of up to 261W/m² and 13 C, respectively.

Epsilon Group commits INR 15,350 crore for EV battery materials, testing facility in Karnataka

Epsilon Group plans to invest INR 9,000 crore to set up a graphite anode manufacturing plant and INR 6,000 crore for a lithium iron phosphate (LFP) cathode manufacturing plant in Karnataka. In addition, it will invest INR 350 crore to build a battery materials and battery testing R&D and training center in the state.

Chinese researchers build 4T perovskite-CIGS tandem solar cell with 29.36% efficiency

Scientists in China built a four-terminal perovskite-CIGS tandem solar cell based on a top semi-transparent perovskite device with an efficiency of 21.26% and a high bifaciality factor of 92.2%. They used a solvent-annealing strategy to produce a perovskite film with full coverage, larger grains, superior crystallinity and free of detectable lead iodide impurity.

The Hydrogen Stream: Avaada partners Switzerland’s Casale to develop 1,500 tpd green ammonia plant in Odisha

Avaada Group has collaborated with Switzerland-headquartered ammonia technology specialist Casale to develop a 1,500 tons per day (tpd) green ammonia plant in Gopalpur, Odisha.

Reducing TOPCon solar cell degradation via copper plating

Researchers at the University of New South Wales have used a 1 µm copper plating layer on the front silver grid of a TOPCon solar cell to create a protective barrier that reportedly reduces corrosion susceptibility. The cell showed significantly lower contaminant-induced degradation that unprotected reference devices.

IESA projects over $500 million investment in Indian battery, mobility startup ecosystem within a year

Bharat Battery Show, part of the Bharat Mobility Global Expo 2025, saw participation of one hundred startups. Many of these startups are seeking funding from major conglomerates and investment firms.

Manufacturing

Featured

KPIT selects Trentar Energy as manufacturing partner for sodium-ion battery technology 

KPIT has signed the technology transfer agreement with Trentar Energy Solutions for commercialization of its sodium-ion battery technology.  Under the agreement, Trentar will build a 3 GWh sodium-ion manufacturing facility with KPIT receiving upfront technology transfer fees and additional royalty fees over eight years.

The Hydrogen Stream: Indian state of Assam plans 25 MW green hydrogen plant

SGEL Assam Renewable Energy Ltd, a joint venture between SJVN Green Energy Ltd and Assam Power Distribution Co. Ltd, intends to develop a 25 MW green hydrogen plant within the state of Assam.

Trina Solar sues Canadian Solar over patents in $147 million lawsuit

Trina Solar has filed a lawsuit against Canadian Solar and its subsidiary, seeking $147 million in damages for alleged infringement of tunnel oxide passivated contact (TOPCon) cell patents. The case, accepted by the Jiangsu High Court, underscores the rise of intellectual property disputes in China’s competitive solar sector.

India exported solar modules worth $782 million in April-Nov. period of 2024

India exported solar PV modules worth around $782 million in FY 2024-25 till Nov. 2024. The value of exports to USA stood at $756.08 million.

Waaree breaks ground on alkaline electrolyser factory

Waaree Group has started building its alkaline electrolyser manufacturing facility in Gujarat. The facility will initially commence operations with a production capacity of 300 MW.

Grew Solar to set up 3 GW ingot-module factory in Madhya Pradesh

Grew Solar’s facility in Madhya Pradesh will produce 3 GW of ingots, wafers, cells and modules per year.

Energy Storage

Featured

HG Infra Engineering sets up battery storage arm

H.G. Infra Engineering has incorporated a wholly owned subsidiary company, H.G. Gujarat Bess, to carry our business in the field of battery energy storage systems.

Breakthrough research boosts Li-ion battery stability, efficiency and density

South Korean scientists have developed a breakthrough lithium-ion battery technology by modifying the LNMO cathodes that enhances stability and efficiency, boosts battery lifespan, and energy density of Li-ion batteries.

Welspun New Energy commits INR 13,500 crore for pumped storage, floating solar in Odisha

Welspun New Energy has signed a memorandum of understanding (MoU) with the state government of Odisha to establish a 1.2 GW pumped storage and a 1 GW floating solar project in Odisha.

NTPC secures PPA with Indian Army for solar-hydrogen based microgrid project

NTPC has secured a power purchase agreement (PPA) with Indian Army for sale of power from its solar-hydrogen based microgrid project at Chushul (Ladakh).

Union Budget 2025-26: India focuses on waste-to-wealth to secure lithium battery supply chain

Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.

Australian study shows pumped hydro and batteries can meet energy storage needs

A new Australian National University study says long-duration pumped hydro on non-river sites, combined with batteries, can meet global energy storage needs.

Opinion & Analysis

Featured

Ensuring ESG compliance in steel: A blueprint for a sustainable future  

By embracing environmental responsibility, social equity, and strong governance, steel manufacturers can not only meet the demands of today’s market but also pave the way for a more sustainable and ethical tomorrow.

China polysilicon price rebound nears its limit

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.

Meeting sustainability goals: How overlooking EPR responsibilities can lead to costly consequences

Many countries require companies to show that they comply with environmental standards before accepting imports. The EU’s Packaging and Packaging Waste Directive sets the strictest recycling and waste disposal requirements, making non-compliance an obstacle to entry into the market. Companies that don’t adhere to these standards could struggle to grow internationally.

Union Budget 2025: A bright future for India’s solar industry

With climate change and energy security at the forefront of global concerns, the government has unveiled a series of policy measures and incentives designed to accelerate the adoption of solar power.

Global solar module prices mixed on differing demand outlook

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.

Budget 2025 expectations of the Indian renewable energy industry

Regulatory and fiscal incentives to set up specialized labs in collaboration with leading international and domestic research institutions, reduction of Goods and Services Tax (GST) on turbines and solar modules, and ISTS charges waiver extension are on the budget wishlist of the renewable energy industry in India.

Press Releases

Alpex Solar Reports Robust Revenue Growth with margin expansion in Q3FY25

Q3FY25 Revenues up 2. 37 times at Rs.

Adani to Develop India’s Largest ‘Skill and Employ’ Program to Support ‘Make in India’

The Adani Group has partnered with ITE Education Services (ITEES) of Singapore to build a skilled talent pipeline for serving the needs of industries, including Green Energy, Manufacturing, Hi-tech, Project Excellence and Industrial Design. To build this talent pool of industry-ready workforce, the Adani family will donate over INR 2,000 Cr for establishing internationally benchmarked schools of excellence.

Tata Power’s Delhi Distribution Arm ranked among Top 10 utilities globally in Smart Grid Index

Tata Power-DDL becomes the only Indian utility to achieve this exceptional feat.

Prostarm Info Systems Limited Receives In-Principle Approval From Sebi To Launch Ipo

Issue comprises fresh issue of up to 1,60,00,000 Equity Shares of face value ₹10 each. To utilise its net proceeds from the issue to fund working capital requirements, prepay or repay certain outstanding borrowings, pursue strategic growth through inorganic initiatives, and general corporate purposes

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