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.

The next clean-energy boom will be driven not only by renewable generation but by intelligent storage. Tech-enabled, solar-compatible battery energy storage systems (BESS) will make clean energy predictable, resilient, and commercially viable at scale.

Several EV and charging components such as rectifiers, power modules, semiconductors, battery cells and PCBs are still largely imported. These create ecosystem-wide challenges including supply volatility, cost exposure, limited local integration, and scaling constraints. However, these gaps also represent one of India’s biggest opportunities.

The Industrial Accelerator Act says solar projects awarded through public procurements or other public support schemes would need to feature Europe-made solar inverters and cells within three years after the act becomes law. For battery energy storage systems, similar requirements would be introduced using a phased approach from one year after the act enters force.

CRISIL has upgraded Advait Energy Transitions Ltd’s long-term rating to A-/Stable from BBB+/Stable, and short-term rating to A2+. In addition, the total bank loan facilities rated have been enhanced from INR 110 crore to INR 405 crore.

EcoFlow has unveiled the single-phase Ocean 2 all-in-one battery inverter at Key Energy in Rimini. The system features a more compact 5 kWh LFP battery stackable up to 30 kWh and offering 100% depth of discharge, 3.4 kW discharge power, and IP66 protection.

ACME Solar has secured two power purchase agreements (PPAs) with SJVN Ltd for 300 MW and 150 MW, totaling 450 MW, under a firm and dispatchable renewable energy (FDRE) project. The company also announced the commissioning of an additional 38 MW/82 MWh at its 285 MW/600 MWh battery energy storage system (BESS) project in Jaisalmer district, Rajasthan.

Siemens Energy India Ltd has reported a 26% year-on-year increase in revenue to INR 1,911 crore and a 34.9% rise in profit after tax to INR 313 crore for the quarter ended December 2025 (Q1 FY2026). The company’s order backlog expanded 37.6% to INR 17,599 crore.

Enrich Energy has secured EPC contract, including land package, for a 300 MW grid-connected solar project to be developed at NTPC Anta, Rajasthan.

While policy discussions focus on solar tariffs and farmer incentives, we see a different challenge emerging on the factory floor: Infrastructure Redefinition. The humble transformer is being asked to do things it was never originally designed to do.

India has launched the Hydrogen Valley Innovation Cluster under the National Green Hydrogen Mission to accelerate the transition of green hydrogen technologies from laboratory research to industrial deployment.

The transparent four-terminal perovskite solar cell employs an ion-modulated spiro-MeOTAD hole transport layer, which passivates interfacial defects, enhances carrier dynamics, and allows for a tunable work function in wide-bandgap perovskites. When integrated into mechanically stacked 4T tandems with an n-TOPCon cell, the device achieved an overall efficiency of 28.4–30.2%, along with improved open-circuit voltage and fill factor.

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.

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.

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.

The Chinese manufacturer has launched its third-generation Vertex S+ G3 dual-glass TOPCon modules for residential and commercial applications. The new products feature upgraded module architecture and a temperature coefficient if -0.26% per C.

Group Surya has commissioned a 500 MW G12R solar module production line in the Indian state of Odisha. The fully automated facility will be expanded to 1 GW within four to five months.

Silver prices have resumed their climb, reaching $95 per ounce this morning. Silver analyst Philip Newman tells pv magazine that escalating tensions in the Middle East are expected to continue driving investment demand for safe-haven assets such as gold and silver.

Lineage Power, the energy storage arm of Pace Digitek Ltd, has delivered its 100th containerized battery energy storage system (BESS).

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.

Indian solar manufacturer Premier Energies has completed the acquisition of 104,550 equity shares of HeliosAnthos Energies, securing 51% of the company’s paid-up equity share capital. HeliosAnthos Energies is a joint venture between Premier Energies and BA Prerna Renewables, formed to expand Premier’s presence in the engineering, procurement and construction (EPC) segment of renewable energy projects.

The Solar Energy Industries Association (SEIA) and Benchmark Mineral Intelligence say US battery installations reached a record 57.6 GWh in 2025, up 30% year on year, as the industry enters what they describe as a new phase of sustained, high-volume deployment.

China brings online 300 MW/1,200 MWh grid-forming energy storage facility in Inner Mongolia, integrating lithium-ion and vanadium flow battery technologies.

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 system features all critical components designed and manufactured in-house, including the power conversion system, energy management system and battery racks.

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.

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.

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.

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.

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.

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.