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Swiss startup inaugurates removable PV plant on railway tracks

Swiss startup Sun-Ways says it has activated what it calls the world’s first removable solar plant on active rail tracks, with passenger trains set to run over the 18 kW installation from April 28.
Installations

Panasonic unveils 585 Wp TOPCon bifacial solar module with 22.66% efficiency

Anchor by Panasonic has unveiled an n-type TOPCon bifacial solar module at RenewX 2025. The glass-to-glass module is available in power range from 570 Wp to 585 Wp, with an efficiency between 22.08% and 22.66%.
Installations

Global investment in off-grid solar down 30% in 2024

Off-grid solar investment fell 30% in 2024, with early-stage firms and productive-use tech hit hardest, says Gogla. The global association for the off-grid solar energy industry adds that scale-ups attracted 77% of the nearly $300 million invested, signa...
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Highlights

Sterling and Wilson Renewable Energy posts its highest ever quarterly revenue of INR 2,519 crore

Sterling and Wilson Renewable Energy has posted a revenue of INR 2,519 crore for Q4 FY2025, a 114% increase compared to the same period last year. For the full financial year, the company recorded a total revenue of INR 6,302 crore—a 108% year-on-year ...
Installations

Sunora expands into solar inverter market with new launches at RenewX 2025

Gujarat-based solar module manufacturer Sunora has unveiled its grid-connected and hybrid inverters at RenewX 2025.
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Highlights

Solex 2 GW TOPCon cell line to come online by early 2027

Gujarat-based Solex Energy has initiated the work on its state-of-the-art 2 GW n-type TOPCon solar cell manufacturing facility, with operations slated to begin in early 2027.
Highlights

Japan’s Toyo begins production at 2 GW solar cell plant in Ethiopia

Toyo Co. has started production at its 2 GW solar cell facility in Ethiopia, with plans to deliver more than 80 MW of tunnel oxide passivated contact (TOPCon) cells by the end of April before scaling capacity to 4 GW.
Highlights

Waaree Energies Q4 profit surges 255% YoY

Indian solar manufacturer Waaree Energies has reported total revenue of INR 4,141 crore and net profit of INR 648.49 crore for the fourth quarter of FY 2024-25.

Markets & Policy

Featured

Polysilicon prices decline amid growing short-term market pessimism

In a new weekly update for pv magazine, OPIS, a Dow Jones company, reports that prevailing pessimism in the global polysilicon market continues to intensify, with current conditions still favoring buyers to a certain extent, allowing them to retain a degree of leverage in negotiations.

U.S. Commerce Department slaps unexpectedly high tariffs on solar imports

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.

Solar wafer price outlook turns pessimistic, global flows shift with evolving trade policies

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.

Indosolar posts INR 55 crore profit in FY25 after Waaree takeover

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.

Global corporate solar funding falls 41% to $4.8 billion

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.

Global solar module shipments hit 703 GW in 2024

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.

Installations

Featured

Are robot solar panel cleaners worth the cost and time?

Robot solar panel cleaning offers numerous benefits that outweigh the initial investment, especially for large installations or in environments with high dust and debris accumulation. However, it is important to consider the potential disadvantages, such as initial cost and the need for maintenance.

Vikram Solar secures 150 MW module supply order in Maharashtra

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 launches all-in-one solar kits at RenewX 2025

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 launches 17.5 MW floating solar EPC tender

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 commissions 92.1 MW wind-solar hybrid plant in Karnataka

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.

Jindal Stainless sets up 30 MWp solar plant for self consumption

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.

Technology

Featured

Harnessing Big Data and advanced modelling to optimise solar PV systems

Marcel Suri, Chief Executive Officer of Solargis, speaks to pv magazine about the factors influencing the performance of PV plants globally and in India, and how historical datasets, coupled with advancements in computing power and data analytics, help optimise PV system design for better risk management.

Longi achieves 34.85% efficiency for two-terminal tandem perovskite solar cell

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

Indexel Engineering secures 50 MWh supply of US developed sodium-ion batteries from Unigrid

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

Attero enters solar panel recycling MoU with NISE

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, Germany’s RENA Technologies join forces for solar cell innovation

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 claims world’s highest efficiency for silicon 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).

Manufacturing

Kosol Energie launches TOPCon bifacial solar module with 24% efficiency

Kosol Energie has launched an n-type TOPCon bifacial solar module with a power output of 620 Wp and efficiency of 24%.

ReNew showcases 16BB bifacial TOPCon module at RenewX 2025

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.

South Korean battery breakthrough using hybrid anode material

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

Italian startup debuts waterproof carbon fiber solar panels for off-grid applications

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 unveils n-type TOPCon rectangular bifacial panel with 640 Wp output

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%.

Fire risks in industrial rooftop solar systems due to poor installation

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.

Energy Storage

Featured

Adani Green signs agreement to supply 1.25 GW pumped hydro storage capacity in Uttar Pradesh

Adani Green Energy Ltd has signed an agreement with Uttar Pradesh Power Corp. Ltd (UPPCL) to deliver 1,250 MW of energy storage capacity from pumped hydro storage projects.

GUVNL allocates 1 GWh battery storage projects to HG Infra Engineering, Solarworld

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).

Greenko unveils $4.2 billion renewable energy plus storage project in Andhra Pradesh

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 secures PPA for 150 MW solar-plus-storage project in Rajasthan

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 posts INR 1,597.75 crore revenue for FY 2024-25

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 Hydrogen Stream: EU backs €400 million H2 scheme in Spain

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.

Opinion & Analysis

Featured

IEA’s World Energy Outlook systemically underestimates solar PV development

Since 1993, the World Energy Outlook (WEO) of the International Energy Agency (IEA) has been an authoritative report on energy statistics and guiding future energy supply and demand developments. An examination of these reports, however, indicates that even the most progressive of WEO scenarios has vastly underestimated the growth of renewable energy technologies, especially solar PV.

Data centers lead global growth in corporate PPAs

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.

FOB China module prices rise amid growing market expectations of sharp correction by end-Q2

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.

Leveraging ESG Tech for a resilient and decentralized energy grid

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.

Push on to accelerate next generation PV materials

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.

Polysilicon market steady amid challenging short-term 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.

Press Releases

Blueleaf Energy Appoints Country Manager to Lead Business Expansion in Japan

Blueleaf Energy, a pan-Asian renewable energy platform owned by a Macquarie Asset Management managed fund, has announced the appointment of John Warren as Country Manager for operations in Japan.

Servotech Bags 4.1 MW On-Grid Rooftop Solar Order from Waltair Division, East Coast Railway

Servotech Renewable Power System Ltd (formerly known as Servotech Power Systems Ltd. ) has secured order for a 4.

NTPC Green Energy Awards 1,544 MW Wind Projects Including a New 378 MW Order to Suzlon

With this new order of 378 MW, Suzlon reinforces its position as a key driver of India’s renewable energy transition.

Alpex Solar secures INR 380.52 crore order

Alpex Solar announced it has secured an order worth INR 380. 52 crore for the supply of high-efficiency solar modules and systems.

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