ReNew Energy Global Plc has announced that it has received a best and final non-binding buyout proposal from Masdar, CPP Investments, the Abu Dhabi Investment Authority, and Sumant Sinha. The offer of $8.15 per share represents an increase of $1.08 per share, or 15.3%, from the initial non-binding proposal dated December 10, 2024.

Gautam Solar has announced that its 640 Wp R-Series TOPCon solar modules have received approvals from both the Approved List of Models and Manufacturers (ALMM) and the Bureau of Indian Standards (BIS).

The BC Jindal Group, a diversified business conglomerates with over INR 18,000 crore turnover, has reached a renewable energy order book of INR 6,500 crore so far in FY26, with more projects in the pipeline.

Industry players speak to pv magazine about whether China’s decision to tighten export controls on key minerals and technologies for lithium batteries will cause a short-term disruption or lead to a long-term strategic realignment of the global supply chain.

ACME Group and Vietnam’s Stavian Industrial Metal have executed a binding term sheet for long-term sale and purchase of 0.8 MTPA of green HBI (Hot Briquetted Iron) and DRI (Direct Reduced Iron)—two critical raw materials used in steelmaking—for a period of ten years.

To help importers vet compliance with the Uyghur Forced Labor Prevention Act and other supply chain traceability requirements, the Solar Energy Industries Association released the Standard 101, which was recently approved by the American National Standards Institute.

Despite a nearly fourfold increase in applications between March 2024 and July 2025, only 13.1% of the target of one crore (10 million) residential rooftop solar installations had been achieved, and just 14.1% of the allocated INR 65,700 crore ($7.5 billion) in subsidies released under the PM Surya Ghar: Muft Bijli Yojana as of July 2025. Given this context, achieving the FY2027 target of 30 GW capacity remains a considerable challenge, according to a new report by IEEFA and JMK Research.

India added 29.5 GW of solar capacity in the first nine months of 2025, including about 22.5 GW from utility-scale, 5.8 GW rooftop, and 1166 MW offgrid installations.

Hinduja Renewables Energy Pvt Ltd (HREPL), part of Hinduja Group, has appointed Deepak Thakur as managing director and chief executive officer, effective from October 1, 2025.

Kosol Energie, led by chairman & managing director, Kalpesh Kalathia, has committed an investment of INR 52,000 crore for solar manufacturing expansion and setting up R&D facilities and integrated renewable energy parks in the Indian state of Gujarat.