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.
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.
India’s installed rooftop solar capacity will reach 25–30 GW by FY 2027 from 17 GW in FY 2025, according to CareEdge Advisory & Research.
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 Ltd has secured an INR 500 crore investment from ValueQuest SCALE Fund and its affiliates to support expansion of its solar manufacturing capacity.
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.
The capacity is part of a 300 MW Karnisar solar power plant in the Bikaner district.
India installed 23.8 GW of new solar capacity in FY2025, including 16.9 GW from utility-scale, 5,148 MW rooftop and 1,785 MW offgrid installations.
NTPC Renewable Energy Ltd (NTPC REL) has tendered the balance of system (BoS) package for 1 GW of grid-connected solar PV projects at Bikaner, Rajasthan.
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.
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