Highlights

Waaree Solar Americas has entered into a binding term sheet with United Solar Holding Inc. (USH), a Cayman Islands-based company, to invest around $30 million through the subscription of Series B preferred shares. The investment is a strategic move by Waaree to secure a long-term, fully traceable polysilicon supply chain to support its rapidly expanding manufacturing footprint in the U.S. and globally.

The IUCN’s updated Global Standard, growing debate on finance, and stronger emphasis on rights and monitoring mark a transition from hopeful experimentation to disciplined scaling. If the next year invests in credibility and the scaffolding that turns pilots into pipelines, Nature-based Solutions could finally become a practical pillar of climate, biodiversity and development strategies worldwide.

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.

Trincomalee Power Co. Ltd (TPCL), a 50:50 joint venture between Sri Lanka’s Ceylon Electricity Board and India’s NTPC Ltd, has invited bids for the EPC package of a 50 MW (AC), Phase I ground-mounted solar project at Sampoor, Sri Lanka, while NTPC Green Energy Ltd. (NGEL) has floated a separate tender for an EPC package with land to develop cumulative 100 MW agri-PV projects across four Indian states.

Eleven European solar module makers say Italy’s 2026 tax incentive unfairly favors heterojunction (HJT) technology, risks higher costs and limits competition across the PV market.

Solar PV capacity addition is led by Rajasthan, which accounts for 27% (36 GW) of the cumulative installed capacity. Gujarat ranks second with 24.8 GW, followed by Maharashtra with 17.2 GW. Together, these three states account for over 58% of India’s total installed solar capacity.

Accelerated testing by French certification body Certisolis finds wide performance divergence and design vulnerabilities in tunnel oxide passivated contact (TOPCon) solar modules that current international standards do not capture.

The EPC organisations that choose to lead across both the energy transition and digital infrastructure will not simply respond to the coming decades of change, they will shape them.

GEON, part of the 60-year-old Kabra Extrusion Technik Group, has launched GELITHIUM, an all-in-one power backup system that integrates a pure sinewave inverter with an inbuilt lithium-ion battery. GELITHIUM is available in 1,250 VA and 2,500 VA variants, with 12.8V/100Ah and 25.6V/100Ah lithium batteries, respectively.

Bulgaria’s second standalone energy storage procurement exercise of 2025, worth close to BGN 229 million ($137.2 million), received a lot of interest and there are 30 project proposals included in a reserve list, the government said.