Highlights

Emergency Restoration Systems, often referred to as ERS, are gaining importance as a critical part of grid management. These systems are designed to restore transmission lines rapidly after failures caused by natural disasters, technical faults, or external damage. While traditional restoration methods can take days or even weeks, ERS offers a faster and more flexible alternative, helping utilities bring power back online in a much shorter time.

The Competition Commission of India has closed the matter involving Adani Enterprises Ltd, Adani Green Energy Ltd, Azure Power India, and the Solar Energy Corp. of India, finding no prima facie case of anti-competitive conduct in the award of capacity under a manufacturing-linked solar tender floated by SECI in 2019.

Crompton Greaves Consumer Electricals has secured a contract worth around INR 71.75 crore from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for the deployment of 3,540 off-grid solar PV water pumping systems across Maharashtra.

Intertek Group plc (Intertek), a total quality assurance provider to industries worldwide, has acquired the assets of a state-of-the-art solar PV laboratory in Ahmedabad, Gujarat, from Mitsui Chemicals India.

A year-long study in the UK finds vertical bifacial PV systems achieve an up to 26.91% higher output during morning hours compared to traditional tilted PV systems. The vertical bifacial system bettered the tilted system across all four seasons, with average power gains as high as 24.52% during winter.

Ganesh Green Bharat Ltd, an Ahmedabad-based solar PV manufacturer and EPC player, has secured a domestic order valued at over INR 430 crore for the supply of advanced 630 Wp TOPCon n-type bifacial solar PV modules.

Figures from the International Renewable Energy Agency state that Vietnam’s cumulative solar capacity reached 19,252 MW by the end of last year, indicating a 586 MW increase in 2025.

Revenue from operations for FY26 stood at INR 3,331.42 crore, a growth of 108.51% YoY. Net profit surged 109.09% YoY to INR 478.65 crore.

Photovoltaic module prices have risen for the fourth consecutive month, driven by strong demand for energy independence despite falling upstream costs such as polysilicon. At the same time, production cuts in China and tighter supply conditions are limiting availability, reinforcing price increases across all technologies.

ReNew commissioned 2.4 GW of renewable energy capacity in FY2026, its highest ever annual addition. The company now has total operating capacity of 12.6 GW, the second largest in the country.