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India hits 100 GW of installed solar power capacity

India’s total installed solar capacity stood at 100.33 GW as of Jan. 31, 2025, with 84.10 GW under implementation and an additional 47.49 GW under tendering.
Highlights

Gensol Engineering wins 245 MW solar project at Khavda RE Power Park

Gensol Engineering has won the contract for engineering, procurement, construction and three years of operation and maintenance services of a 245 MW solar PV project at Khavda RE Power Park in Gujarat.
Highlights

Hidden fastener solar mount requires no holes in exterior roofing layer

A new attachment for asphalt shingle and composite slate roofs enables solar installation without boring holes through the external roofing layer has been awarded as an American-Made Solar Prize semifinalist. It is developed by Martin Solar and Roofing.
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Highlights

German wholesalers hit by six-figure losses from new solar module scam

Suspected fraudsters are using false identities to claim they are interested in solar modules. The wholesalers typically respond by delivering the requested products, but the scammers never actually pay for their orders. These are not isolated cases, as ...
Highlights

Tata Power inaugurates 4.3 GW solar cell and module facility in Tamil Nadu 

Tata Power arm TP Solar has inaugurated a 4.3 GW solar cell and module manufacturing facility in Tirunelveli. Women constitute 80% of the workforce at the facility.
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Highlights

Rayzon Solar secures 280 MW TOPCon module order for Mahindra Susten’s PV project

Rayzon Solar will manufacture and supply 280 MWp of its 16-busbar TOPCon (Tunnel Oxide Passivated Contact) PV panels to Mahindra Susten.
Highlights

India’s solar cell manufacturing capacity to surpass 50 GW by fiscal 2027

India's solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, says a new report by Crisil Ratings.
Markets & Policy

Tata Power Renewable Energy partners Bank of Baroda for finance to residential solar customers under PM Surya Ghar Yojana

Tata Power Renewable Energy Ltd and Bank of Baroda have signed a Memorandum of Understanding to facilitate low-cost, hassle-free financing options for residential rooftop solar customers under the Pradhan Mantri Surya Ghar Yojana.

Markets & Policy

Featured

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).

Solarium Green Energy IPO opens this week

The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.

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.

Amid uncertainty, Premier Energies halts plans for U.S. solar cell factory

Premier Energies of India put its plans on hold to build a manufacturing facility in the United States as it waits for “the regime in the U.S. to settle down and be clear on what they want to do.”

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.

Installations

Featured

CtrlS Datacenters unveils 125 MWp captive solar farm in India 

The solar farm’s 62.5 MWp capacity already went live in June 2024, while an additional capacity of 62.5 MWp is under implementation. 

Pressurized water cleaning can improve PV generation efficiency by 10%

Researchers in China have investigated the dust-scaling process and various water-based cleaning methods to optimize maintenance strategies for enhanced safety and efficiency in PV systems.

Torrent Power Q3 profit 30% up YoY

Torrent Power has reported revenue from operations of Rs 6,499 crore and net profit of INR 489 crore in Q3 FY 2025.

Indus Towers raises 26% stake in 50 MW solar plant for self-consumption

Indus Towers has agreed to acquire a 26% stake in a 50 MW solar plant for captive consumption. The solar plant will be set up by Amplus Tungabhadra.

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.

Union Budget 2025: Expectations of India’s solar industry

With the Union Budget 2025-26 approaching, the solar industry anticipates key policy and financial measures to sustain this momentum. The budget is expected to increase funding for green technologies, including solar, wind, and green hydrogen.

Technology

Featured

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.

Chinese startup unveils flexible perovskite photovoltaic modules with 15.6% efficiency

Mellow Energy claims its ML-Flex panel is currently the world’s largest flexible perovskite solar module. Available in five versions with power output ranging from 260 W to 300 W, the module measures 1,200 mm x 1,600 mm and weighs only 2.04 kg.

AI and Data Analytics in energy operations

Artificial intelligence (AI) and Data Analytics are transforming energy operations by introducing capabilities that were once unimaginable. These technologies provide actionable insights, automate processes, and enable real-time decision-making, making energy systems smarter and more resilient.

Manufacturing

Featured

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.

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.

U.S. raises solar polysilicon, wafer and cell tariffs from China to 60%

After the Biden administration doubled Section 301 tariffs from 25% to 50%, the Trump administration has added another 10%.

U.S. surpasses 50 GW of solar module manufacturing capacity

The buildout is happening across the domestic solar supply chain and, at full capacity, planned facilities will produce enough to meet the demand for solar in the U.S., according to the Solar Energy Industries Association.

PV-powered electric vehicles can have up to 30% higher range

A European research team has installed solar panels on a light commercial electric vehicle and has tested their performance for four months. The vehicle was able to extend the range by 530 km, although not all panels contributed equally. System efficiency was measured at up to 66%.

Premier Energies Q3 profit surges 490.58% YoY

The solar manufacturer had an orderbook of 4,539 MW worth INR 69,461 million as of Dec. 31, 2024, across modules (63%), cells (36%), and EPC services (1%).

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.

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.

NTPC tenders 1.2 GW solar with 600 MW/2,400 MWh energy storage

NTPC Ltd has launched the tender for selection of solar power generators to set up 1.2 GW of solar PV power projects with 600 MW/2,400 MWh of energy storage systems anywhere in India.

Thermal storage beats hydrogen, electrification on industrial costs

A new study in Germany shows the advantages of thermal energy storage in the decarbonization of industrial processes. The researchers noted clear cost advantages and high potential for flexibility in the power grid.

NTPC rolls out CO2 battery storage project at Kudgi thermal power station

NTPC Ltd, in partnership with Triveni Turbine and Italy’s CO2 battery technology company Energy Dome, will set up a 160 MWh CO2 battery project at its Kudgi super thermal power station in Karnataka.

Acme Solar Q3 net profit 152% up YoY

Acme Solar has reported consolidated revenue of INR 401 crore and consolidated net profit of INR 112 crore for the quarter ended Dec. 31, 2024.

Opinion & Analysis

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.

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.

A budget boost for solar power could reshape india’s energy and agricultural landscape

Central Government’s Pradhan Mantri Kisan Urja Suraksha Evam Utthaan Mahabhiyan (PM-KUSUM) scheme holds transformative potential for both India’s agricultural and energy sectors. Decisive financial boosts in the 2025 budgets will harness the growing winds of interest and pave the way for widespread adoption.

Top 5 global inverter trends to watch in 2025

Challenges and innovations drive solar and energy storage inverter industry forward in 2025.

Solar wafer 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.

How Gujarat is balancing industrial and environmental goals

Gujarat’s commitment to balancing industrial growth with environmental sustainability is a model for other states to follow. By harnessing solar energy, advancing green hydrogen production, and promoting energy storage technologies, the state is building a robust framework for a sustainable future.

Press Releases

TotalEnergies Will Supply 1.5 TWh to STMicroelectronics in France over 15 Years

First PPA in France for STMicroelectronics, aiming at 100% renewable sourcing by 2027.

NSEFI congratulates India’s solar industry fraternity for achieving 100 GW installed solar capacity

NSEFI also expresses its heartfelt gratitude for the continuous support from the Ministry of New and Renewable Energy, Government of India which has been at the forefront of India’s impressive Renewable Energy journey.

JSW Energy signs PPA with Amazon for 180 MW Wind Power Mumbai

JSW Neo Energy, a wholly owned subsidiary of JSW Energy Limited (“the Company”), has signed renewable energy (“RE”) power purchase agreement (“PPA”) with Amazon for 180 MW of wind power.

BluPine Energy signs PPA with Amazon for 99 MW Wind Project

This project will generate nearly 360 million units (MUs) of clean energy annually, offset over 250,000 tonnes of CO2 emissions, and contribute to Amazon’s renewable energy goals

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