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Highlights

SECI’s latest auction yields green ammonia price of INR 51.8 per kg  

Solar Energy Corp of India (SECI) has discovered a new record-low green ammonia price of INR 51.8 per kg (around $591.25 per metric tonne) in its latest auction. The winning bid was placed by NTPC Renewable Energy Ltd.

Sinovoltaics updates solar module manufacturer financial stability ranking

The quality assurance provider reported India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy maintained their top three spots in the ranking this quarter. The number of companies with healthier Altmann-Z scores stayed the same at nine.

Siemens Energy India profit up 80% YoY for quarter ended June 30, 2025

Siemens Energy India Ltd (SEIL) has reported a robust financial performance for the quarter ended June 30, 2025, with net profit soaring 80% year-on-year (YoY) to INR 263 crore. Revenue from operations rose 20% YoY to INR 1,785 crore. New orders for the quarter surged 94% to INR 3,290 crore.

L&T secures order for 116 MW/241 MWh solar-plus-battery storage plant in Bihar

Larsen & Toubro’s renewables business vertical has secured the engineering, procurement and construction (EPC) contract for the development of a grid-connected 116 MW AC solar PV plant integrated with a 241 MWh battery energy storage system (BESS) in Bihar.

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Vikram Solar secures 250 MW PV module order from Bondada Group

Vikram Solar will supply its n-type high-efficiency pv modules for Bondada Group’s solar project in Maharashtra.

Using Sudoku to improve power yield in PV systems under partial shading

Indian researchers have developed a Sudoku-based technique to reduce power losses in PV systems operating under partial shading. They claim the method increases energy efficiency and revenue generation more than conventional reconfiguration techniques.

NTPC tenders PV module supply for 2.5 GW of solar projects

NTPC Group companies have issued tenders for the supply of PV modules for a total of 2.5 GW of solar power projects in Rajasthan and Uttar Pradesh.

Tata Power’s renewables business PAT up 95% YoY in Q1

Tata Power’s net profit from renewables business soared 95% YoY to INR 531 crore. Segment-wise, INR 226 crore came from renewable energy generation, INR 198 crore from solar EPC, INR 100 crore from solar manufacturing, and INR 7 crore from other income.

‘Soft-connected’ floating PV for offshore scenarios

An international research team has tested a floating PV system with a “soft-connected” configuration under offshore conditions, using six modular pontoons linked by elastic bar elements to simulate mooring lines and connection ropes.

China’s polysilicon rally enters fourth week, defying market fundamentals

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.

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