Highlights

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.

India’s expanding renewable energy base and clean power can play a central role in supporting the next phase of data center growth, supported by smarter power sourcing, stronger grid readiness and coordinated policy action to ensure reliable and sustainable energy at scale, says a new report by Deloitte Asia Pacific.

The Solar Energy Corp. of India (SECI) has issued a tender for the supply of 870 MWp of solar PV modules manufactured using domestically produced cells.

Following the commissioning of the first 210 MW phase, NTPC Renewable Energy Ltd, an arm of NTPC Green Energy Ltd, has commissioned an additional 165 MW at its 1,200 MW Khavda-II solar PV project in Gujarat.

Scientists in Hungary found that ground-mounted PV modules at an intermediate elevation of 1.1 m achieve the highest efficiency and power output due to improved airflow and reduced cell temperature. Their study also estimated a levelized cost of electricity of $0.0843/kWh and 577.78 kg CO₂ mitigation over 25 years, while noting results are specific to concrete surfaces.

The global capacity of utility-scale batteries increased more than 12-fold between 2020 and 2024 to 124 GW, while average battery costs fell 58% over the period, according to the Electricity 2026 report from the International Energy Agency (IEA).

Arun Unni, Executive Vice President and Business Head – New Energy & Head of Strategy at Thermax, speaks to pv magazine about the evolving green hydrogen market, electrolysis economics, and the company’s ambitions in this space through global technology tie-ups. He also discusses the emerging carbon credit trading system and new opportunities for Thermax in biomass, sustainable fuels, and round-the-clock renewable energy solutions.

Cumulative open-access (off-site commercial and industrial) solar installations surpassed 30 GW as of Dec. 31, 2025.

The latest report from the International Energy Agency’s Photovoltaic Power Systems Programme says second-life PV modules have the potential to reduce waste and extend the value of solar assets, but their market today remains underdeveloped and requires advances in technical qualifications, scalable reuse infrastructure and supportive policy frameworks.

During the live peer-to-peer energy trading demo, Arun Singh, a farmer from Meerut (Uttar Pradesh), used a secure, blockchain‑enabled platform to sell surplus solar‑generated electricity directly to Lakshmi, a garment shop owner in Delhi.