August 2025

Tata Power’s net profit from renewables business soared 95% YoY to INR 531 crore. Segment-wise, INR 226 crore came from renewable energy generation, INR 198 crore from solar EPC, INR 100 crore from solar manufacturing, and INR 7 crore from other income.

An international research team has tested a floating PV system with a “soft-connected” configuration under offshore conditions, using six modular pontoons linked by elastic bar elements to simulate mooring lines and connection ropes.

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.

ACME Group will supply 75,000 metric tonnes of green ammonia for a period of ten years to Paradeep Phosphates Ltd, one of India’s largest chemicals and fertilizer companies, at their facility in Paradeep, Odisha.

A recent report by SBICAPS projects that India will add 30 GW of energy storage capacity (battery storage, pumped storage, etc) through standalone and firm and dispatchable renewable energy (FDRE) projects by June 2027. This would bring the country’s total storage capacity to 36 GW—far exceeding the projected demand of around 24 GW, and possibly leading to oversupply.

Independent power producers have captured a significant share of India’s clean energy capital, with projects often backed by substantial financing from institutions like the Indian Renewable Energy Development Agency (IREDA). Additionally, these have the ability to raise money in a cautious global market because of their capacity to lock up bankable power purchase agreements (PPAs), which provides financial predictability.

Waaree Energies has commenced production at its new 1.8 GW solar module manufacturing facility in Chikhli, located in the Navsari district of Gujarat.

The Asia-Pacific region is becoming a showcase for regional solutions. As electric vehicles rapidly gain traction, the region must confront a dual challenge: managing the environmental and health risks of end-of-life EV batteries, while actively pursuing the economic and technological opportunities of a circular economy.

Perovskite’s growing visibility at industry events in 2025 is a sign that perovskites have progressed beyond the small lab-made devices seen earlier this decade. The focus is now on developing materials, processes, and a supply chain ready for large-scale manufacturing and deployment.