Residential PV

Solfin Sustainable Finance, a solar-focused non-banking finance company (NBFC) backed by Waaree, and Japanese Financial Institution, have entered co-lending partnership to provide working capital finance to solar panel dealers and rooftop solar finance to end consumers.

India added 2.8 GW of rooftop solar capacity in the first half (January–June) of calendar year 2025, marking a 155% year-over-year increase compared to the 1.1 GW installed during the same period in 2024, according to Mercom India’s newly released Q2 2025 India Rooftop Solar Market Report.

SolarSquare has installed more than 250 MW of rooftop solar capacity, including about 100 MW in the residential sector and 150 MW commercial and industrial.

A study conducted by the German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) in collaboration with India-based think tank the Center for Study of Science, Technology and Policy (CSTEP), found that India has the potential for more than 300 GW of building-integrated photovoltaic (BIPV) systems on its existing buildings alone. Moreover, according to a World Bank report, 70% of the buildings India will need to become a developed nation by 2047 are yet to be constructed, underscoring the vast future potential for BIPV systems in the country.

The National Renewable Energy Laboratory and Sandia National Labs have created a new nomenclature for PV connectors to reduce confusion amongst installers and developers, while improving deployment practices. They catalogued a sampling of twenty-five commercially available 4 mm connectors.

India added 18 GW of new solar power capacity in the first half of 2025, with over 11 GW installed in the second quarter alone.

Jordan’s government will fund a five-year program to install grid-connected solar systems at 1,000 homes of disabled people and their families, starting in 2026.

Schneider Electric is expected to merge WattBuy with EnergySage and Qmerit to provide an end-to-end experience for residential solar, EV integration, home electrification, and related services.

pv magazine is compiling a guide to home solar installations, aimed at those who are interested in installing but are new to the market and want to make an informed decision. We have spoken to associations, installers and industry specialists in major solar markets across the globe to compile best practice guidance and advice that aims to be applicable to home solar installations anywhere in the world.

India has drawn billions of dollars into renewable infrastructure from global institutional investors, private equity firms, and corporate stakeholders. Initiatives such as the National Solar Mission, coupled with predictable tariff structures and streamlined regulatory mechanisms, have created a conducive environment for capital deployment.