Highlights

Solex Energy Ltd has signed a non-binding Memorandum of Understanding (MoU) with Malaysia-based automation technology company TT Vision Holdings Berhad to collaborate on advancing solar manufacturing automation, engineering excellence, and talent development in India.

The European Commission says its new grids package includes €240 billion ($281.8 billion) for hydrogen networks to 2040, alongside fresh Italian State aid for clean tech deployment.

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.

Waaree Energies has achieved an aggregate solar module manufacturing capacity of around 22.3 GW globally, comprising 19.7 GW in India and 2.6 GW in the United States, following a recent 1.5 GW expansion at its Samakhiali facility in Kutch, Gujarat.

The average share of renewable energy in the Indian textile industry’s total energy consumption increased from about 14% in FY2023 to nearly 18% in FY2025, according to a new report from ICRA ESG Ratings Ltd.

In a new weekly update for pv magazine, Solcast, a DNV company, reports that November brought above-average solar conditions in northern India and Pakistan, while southeastern India and Sri Lanka faced reduced solar output due to Cyclone Ditwah’s storms and heavy cloud cover. Despite southern disruptions, India’s renewable energy share rose, driven by strong solar generation in the north and overall growth in renewable capacity.

Researchers at India’s MIT World Peace University (MIT-WPU) have developed a Liquid Organic Hydrogen Carrier (LOHC) system capable of transporting hydrogen in a stable liquid form that is non-flammable, non-explosive, and manageable at normal temperatures and pressures. This breakthrough removes one of the biggest barriers slowing the widespread adoption of hydrogen in India.

Trina Solar and Holosolis signed a strategic cooperation agreement at the recent France–China summit, consolidating the Chinese manufacturer’s role as a key partner in a plan to manufacture 5 GW of solar cells and panels a year.

Naxion Energy (formerly Sodion Energy) has introduced its sodium-ion–based energy storage systems for the residential and commercial & industrial sectors. The storage systems are available in 3.5 kW, 5 kW, and 10 kW models, and the batteries can be expanded to double the system’s storage capacity.

THDC India Ltd., a subsidiary of NTPC Ltd., has commissioned Unit-3 (250 MW) of its 1 GW (4×250 MW) variable-speed pumped storage hydropower project in Uttarakhand.