Commercial & Industrial PV

DNV’s Energy Transition Outlook 2025 report also predicts that distributed generation solar should begin outpacing utility-scale installations in some parts of the world by 2060. It adds that the levelized cost of electricity for solar is beginning to plateau and is expected to slow to an annual drop below 1% by the 2050s.

Hybrid and storage integration, rising corporate demand, and increased use of digital tools are defining the next phase of India’s renewable energy market. Developers that combine execution excellence with storage innovation, digital intelligence, and corporate partnerships will set the pace of growth, says Shantanu Upasani, Director – Construction, ENGIE India.

Researchers in China have developed a dust monitoring technique that relies solely on the existing hardware resources of inverters, without requiring extra sensors or meteorological data. Tests on real rooftop PV arrays demonstrated an accuracy exceeding 96%.”

Vikram Solar has posted a consolidated revenue of INR 1,109.9 crore for Q2FY26, up 93.7% year-on-year (YoY). PAT for the quarter rose 1,636.5% YoY to INR 128.5 crore with a PAT margin of 11.58%.

Waaree Energies Ltd has reported a total income of INR 6,226.54 crore for Q2 FY2026, marking a stellar 69.96% year-on-year (YoY) growth. Net profit (profit after tax) for the quarter surged by 133.78% YoY to INR 878.21 crore.

Sunsure Energy, founded in 2014, has evolved from a solar developer into a clean energy solutions provider delivering integrated power solutions across solar, wind, and battery storage. Kartikeya Sharma, co-founder and chief business officer at Sunsure, speaks to pv magazine on the key trends reshaping India’s renewable energy landscape, the rising role of battery storage, and Sunsure’s plans for the market.

The Chinese manufacturer said its new inverters can deliver 160% overload for 200 ms in off-grid mode, ensuring stable startup of heavy loads. The IP66-rated products feature a maximum efficiency of 97.6% and a European efficiency of 97.2%.

India added 29.5 GW of solar capacity in the first nine months of 2025, including about 22.5 GW from utility-scale, 5.8 GW rooftop, and 1166 MW offgrid installations.

Paired Power’s modular microgrid targets is assembly-free remote industrial and agricultural applications and rural electrification for Indigenous communities.

Waaree Renewable Technologies, the solar EPC arm of the Waaree Group, has reported its highest-ever quarterly revenue of INR 774.78 crore in the quarter ended Sep. 30, 2025 (Q2 FY 2026). Q2 net profit rose 117.40% YoY to INR 116.34 crore.