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Highlights

Vikram Solar signs 2 GW PV cell deal with Jupiter International

Vikram Solar has signed the agreement to procure 2 GW of high-efficiency TOPCon and mono PERC solar cells from Jupiter International.

Corporate PPA deals down 10% in 2025 as AI demand plugs gaps

BloombergNEF global report finds corporate clean energy procurement fell in 2025 for first time in nine years amid negative pricing and policy uncertainty. Big Tech leads procurement as number of cPPA offtakers halved in the United States. Solar remains the top generating technology for cPPAs.

India’s electricity transition unfolds unevenly across states

A new report by IEEFA and Ember finds that India’s electricity transition is unfolding differently across states, shaped by variations in resource endowments, development pathways, and institutional capacities. While some states are already leading in renewable energy deployment and grid readiness, others are building momentum, presenting significant opportunities for accelerated progress through targeted, state-specific policy interventions.

TEXMiN, Russia’s GIREDMET ink pact on rare earth and critical mineral technologies

The TEXMiN Foundation, IIT (ISM) Dhanbad, has signed an MoU with GIREDMET State Research and Design Institute of Rare Metal Industry, Russia, to collaborate on rare earth processing, critical minerals, advanced materials, and translational research across the mining value chain. The partnership will also focus on hydrometallurgical recycling technologies for lithium-ion batteries to recover valuable metals.

NexWafe, Talon PV sign 7 GW solar wafer supply agreement

Under the terms of the deal, Germany’s NexWafe will supply its ultrathin solar wafers to Talon PV’s planned 4.8 GW TOPCon solar cell manufacturing plant in Texas. Initial qualification work will take place at a pilot production line at Fraunhofer ISE’s Photovoltaic Technology Evaluation Center.

Clean Max Enviro Energy raises INR 921 crore from anchor investors

Clean Max Enviro Energy Solutions has raised INR 921 crore from anchor investors ahead of its initial public offering that opens for public subscription today (Feb. 23, 2026).

Panasonic debuts fuel cell cogeneration system for PV‑integrated homes

Panasonic has launched a new home fuel cell system for detached houses, designed to boost solar self-consumption through HEMS‑based smart scheduling. The unit generates electricity and heat from gas, supports demand response, and can supply emergency power during outages.

China wafer prices fall for fourth week as discounting deepens under inventory pressure

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 must leverage its mature renewable energy base to sustainably power its global AI data centre hub ambitions: Deloitte report 

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.

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SECI launches 870 MWp solar module tender

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.

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