Manufacturing

A new briefing note by Institute for Energy Economics and Financial Analysis (IEEFA) finds that India’s imports of key energy transition minerals and their compounds are highly concentrated, underscoring significant supply risks and the importance of diversification to enhance supply security.

Advait Energy Transitions has incorporated three wholly owned subsidiaries focused on battery storage, carbon advisory, and power generation. The newly formed entities—Advait Battery Ecosystems, Advait Carbon Advisory & Renewables Assets, and Advait Unified Renewable Assets—expand the company’s presence across the clean energy value chain, from BESS manufacturing to carbon advisory and asset ownership.

Rosi has raised more than €20 million in a Series B funding round to scale its photovoltaic module recycling business and build a new 10,000-tonne-per-year facility in Teruel, Spain. The company uses pyrolysis-based technology to recover high-purity materials including silver, silicon, copper, aluminium and glass from end-of-life solar modules.

Waaree Energies has reported revenue from operations of INR 26,536.77 crore for FY 2026, an increase of 83.72% year-on-year. Profit after tax for the year grew 101.45% YoY to INR 3,884.15 crore

India’s renewable energy push is inherently decentralized. Solar parks in Rajasthan, wind farms in Gujarat and Tamil Nadu, and hybrid projects across states are often located far from consumption centers. Bridging these geographical gaps requires robust, resilient, and future ready transmission network. Without it, even the most ambitious generation targets risk underutilization.

The divestment, already partially secured via escrow, reflects regulatory pressure from U.S. FEOC policy changes. Boviet Solar also continues negotiations to sell a separate U.S. cell project.

Longi claims to have achieved the world’s highest efficiency for a silicon solar cell. The result was confirmed by Germany’s Institute for Solar Energy Research Hamelin (ISFH).

Emmvee Photovoltaic Power, an integrated solar PV cell and module manufacturer, has reported revenue from operations of INR 5,050 crore for FY2026, up 116% year on year. Profit after tax (PAT) rose 193% to INR 1,082 crore.

The two companies announced a 60 GWh supply agreement on Monday, marking a pivotal step in the commercialization of sodium-ion battery technology.

The four-terminal tandem device relies on FAPbI₃ nanoparticles and a spectral splitting design, combining a 24.4% wide-bandgap top cell and a 21.5% narrow-bandgap bottom cell to reach 30.2% efficiency. The system improves light utilization by directing different wavelengths to optimized subcells.