Waaree Renewable Technologies Ltd’s board of directors has approved the acquisition of an approximately 55% stake in Associated Power Structures Ltd for INR 1,225 crore.
Conceived for stationary energy storage, the proposed sodium-ion battery configuration relies on an P2-type cathode material and an hard carbon anode material that reportedly ensure full-cell performance. Electrochemical testing revealed initial capacities of 200 mAh/g for the cathode and 360 mAh/g for the anode with capacity retentions of 42% and 67.4% after 100 cycles.
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.
The system operator regularly had to curtail solar generation as an emergency measure to maintain grid security, as other resources were already flexing to their maximum capabilities. Lost solar generation highlights the need for flexibility to grow at pace with solar capacity.
China’s PV module prices are expected to hover around $0.12/W in the second half of 2026 as the removal of export VAT rebates, front-loaded demand, and persistent oversupply keep market sentiment volatile.
With silver prices rising, more large solar manufacturers are expected to switch to copper for cell metallization. Radovan Kopecek of ISC Konstanz tells pv magazine that he expects the entire industry to follow. Ning Song of the University of New South Wales says a small efficiency tradeoff may be acceptable if the cost savings are significant and do not introduce new reliability risks.
Ahead of the presentation of the Union Budget 2026–27, stakeholders across India’s solar and energy storage ecosystem have urged the government to focus on tax reforms, expansion of production-linked incentive (PLI) schemes with targeted allocations, faster viability gap funding (VGF) disbursements, additional funding for residential rooftop solar, improved access to long-term and affordable green finance, and a stronger push for circular economy initiatives and grid modernisation.
Of the 100 MWh battery energy storage system (BESS), 60 MWh was commissioned in Dec. 2025 and the remaining 40 MWh on Jan. 23, 2026.
End-to-end solar manufacturing is the bridge that will reduce import reliance, stabilize costs, strengthen supply chains, support exports, and help India move confidently toward its 500 GW renewable energy goal. With the right investments and a continued focus on innovation, India is positioned not just to participate in the solar revolution, but to help shape it.
KPI Green Energy Ltd has announced the commissioning of the first 24.2 MW AC (34.4 MW DC) of its 250 MW AC (350 MW DC) grid-connected solar independent power producer (IPP) project awarded by Gujarat Urja Vikas Nigam Ltd (GUVNL), well ahead of the scheduled timeline.
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