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April 2025

BC Jindal Group announces INR 15,000-crore investment in solar and battery manufacturing

The BC Jindal Group has unveiled plans to invest INR 15,000 crore by 2030 to establish multigigawatt-scale manufacturing capacities for solar cells and modules, battery cells and packs, and solar glass.

Havells invests INR 600 crore in Goldi Solar

Havells India Ltd has signed binding term sheet to invest INR 600 crore in Surat-based PV module manufacturer Goldi Solar (Goldi). As part of conditions precedent to the transaction, Havells will enter into a master supply and service agreement with Goldi for consistent supply of solar modules and cells.

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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.

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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.

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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).

GameChange Solar crosses 13 GW projects in India

GameChange Solar, a solar tracker and fixed-tilt racking solutions provider, has surpassed 13 GW of projects in India (commissioned as well as under installation) with 7 GW orders booked in FY 2025 alone.

Jupiter International raises INR 500 crore from ValueQuest and its affiliates for solar manufacturing expansion          

Jupiter International Ltd has secured an INR 500 crore investment from ValueQuest SCALE Fund and its affiliates to support expansion of its solar manufacturing capacity.

US total solar capacity to reach 182 GW by end of 2026

The US Energy Information Administration (EIA) says cumulative solar installations are expected to double from 91 GW to 182 GW from the end of 2023 to the end of 2026. Meanwhile, battery energy storage capacity is expected to grow 70% in 2025 alone.

Tata Power Renewable secures PPA with NTPC for 200 MW renewables-plus-storage project

Tata Power Renewable Energy Ltd will develop a renewable energy project comprising solar and wind components backed with energy storage to ensure supply of 200 MW firm and dispatchable renewable power.     

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