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.
India’s decision to tighten inverter protocols and secure rooftop solar data under national jurisdiction is a critical step toward reinforcing its energy sovereignty. With ambitious rooftop solar targets already underway, these measures help ensure that growth in clean energy does not come at the cost of vulnerability in grid security, data privacy, or foreign dependence.
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.
Despite a nearly fourfold increase in applications between March 2024 and July 2025, only 13.1% of the target of one crore (10 million) residential rooftop solar installations had been achieved, and just 14.1% of the allocated INR 65,700 crore ($7.5 billion) in subsidies released under the PM Surya Ghar: Muft Bijli Yojana as of July 2025. Given this context, achieving the FY2027 target of 30 GW capacity remains a considerable challenge, according to a new report by IEEFA and JMK Research.
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.
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.
Solar panels typically experience only a 10-20% reduction in output during monsoons, not a complete shutdown. The reason is simple: modern panels efficiently capture diffused light, converting scattered sunlight even on cloudy days.
Saatvik Green Energy has launched the UDAY Series on-grid solar inverters. The series includes single-phase inverters (1.1 kW–6 kW) for residential and small commercial rooftops and three-phase inverters (6 kW–50 kW) for residential, commercial and industrial applications.
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