Waaree Energies Board of Directors approves acquisition of Kamath Transformers, Green New Delhi Forever Energy
Waaree Energies’ Board of Directors has approved the acquisition of Kamath Transformers by the company. The Board also approved the acquisition of Green New Delhi Forever Energy by Waaree Forever Energies, a wholly owned subsidiary of Waaree Energies.
Advait Energy Transitions receives corporate affairs ministry’s approval to set up hydrogen equipment arm
Advaiteco Technologies will focus on the manufacturing, assembly, integrated supply, and trading of hydrogen technology equipment and products to support green ammonia, green hydrogen, and green methanol projects.
Waaree Renewable sets up subsidiary for power generation from non-conventional energy sources
Waaree Renewable Technologies has established a wholly owned subsidiary named Sunsational Power for power generation from non-conventional energy sources.
Italy installs 1.24 GW of solar in Q1
Italy installed 1.24 GW of new solar capacity in the first quarter, a 19% decline from the same period in 2024, according to renewables association Anie Rinnovabili. The slowdown highlights mounting headwinds in the country’s PV market.
India installed 7 GW solar in Q1 2025, says Mercom
India installed 5.5 GW of large-scale solar and 1.2 GW of rooftop solar in the January–March quarter of 2025. Large-scale solar installations were down over 36% year-on-year.
From TOPCon dominance to the rise of back-contact solar modules
Having invested heavily in TOPCon, solar manufacturers in India are beginning to explore hybrid solutions such as BC-TOPCon as a bridge between TOPCon and back-contact (BC) technologies. These hybrid models could ease the transition to BC by enabling manufacturers to leverage existing infrastructure while incorporating more efficient designs.
Biwatt launches commercial sodium-ion energy storage product
Biwatt has unveiled a 155 kWh sodium-ion battery energy storage system (BESS) for commercial and industrial (C&I) customers.
RenewSys advances encapsulant expansion to 30 GW
RenewSys, a solar PV module and component manufacturer, is adding eight new encapsulant manufacturing lines, bringing its total to 19 lines with a cumulative production capacity of 30 GW.
U.S. solar and storage industry calls for changes in reconciliation bill
The Solar Energy Industries Association provided analysis of the devastating impact the changes to energy tax credits will have on jobs, manufacturing and the ability to meet the country’s rapidly growing energy demand.
ACME Solar Q4 profit drops 77% to INR 122 crore despite strong revenue growth
Acme Solar has reported a net profit of INR 122 crore for the fourth quarter ended March 31, 2025, down 77% year-on-year from INR 532 crore in Q4 FY 2024. The total income for the quarter, however, rose 69.5% YoY to INR 539.25 crore.
