SAEL Group solar SPVs assigned higher ratings by Crisil
Crisil Ratings has assigned higher ratings to five special purpose vehicles (SPVs) of SAEL Industries Ltd, citing revenue stability, adequate debt coverage metrics, and execution capabilities across SAEL’s solar power generation and PV module manufacturing operations.
Chinese startup claims record-breaking 27.87% efficiency for single-junction perovskite solar cell
Shenzhen-based SolaEon has reported a 27.87% efficiency for a single-junction perovskite solar cell on a 0.076 cm² lab device, certified by China’s National Photovoltaic Industry Metrology and Testing Center.
Luminous Power inaugurates 500 MWh lithium-ion battery assembly line at Baddi facility
Luminous Power Technologies has inaugurated its first lithium-ion battery assembly line at Baddi, Himachal Pradesh. This new line is designed to produce standalone lithium-ion battery packs, stationary battery energy storage systems (BESS), and automotive battery packs for e-rickshaw applications.
Stäubli expands Indian manufacturing footprint with $10 million PV connector investment
Swiss electrical connector manufacturer Stäubli has invested $10 million to expand its manufacturing facility in Bangalore, strengthening its presence in India’s fast-growing solar PV market. The expanded site will produce MC4-Evo1 and MC4-Evo2 connectors using fully automated assembly lines to support domestic and global demand.
Oswal Greenzo Energies secures India’s first port-based 5 MW green hydrogen project at Deendayal Port, Kandla
Oswal Greenzo Energies, a joint venture between Oswal Energies Ltd and Greenzo Energy India Ltd, has been awarded a contract for the design, supply, installation, testing, and commissioning of a 5 MW green hydrogen plant at Deendayal Port, Kandla. The facility will be India’s first green hydrogen plant located at a major port, positioning Deendayal Port as an early mover in maritime decarbonisation.
U.S. authorities find no definitive evidence of hidden devices in Chinese solar inverters
New documents reveal US government found only two cases of communications in Chinese inverters that differed from official documentation. The discrepancies were deemed “non-malicious” and “non-intentional” by investigators.
Electrolyser selection and balance-of-plant engineering for renewable integrated hydrogen projects
Green hydrogen will scale not through isolated technology breakthroughs, but through disciplined engineering execution. Projects that embed electrolysers within robust, flexible, and future-ready Balance-of-Plant architectures will define the next phase of industrial decarbonisation and renewable energy integration worldwide.
Analysts warn of possible, sudden silver price fall
pv magazine has spoken with silver analysts from Bloomberg and StoneX about the vertiginous growth of silver prices in recent weeks. They both agree that when prices rise too fast, investors’ behavior may change quickly. Meanwhile, the price of the precious metal has reached another all-time high today at $110 per ounce.
India requires $145 billion in annual energy investment to bridge growth and climate targets
India must mobilise around $145 billion in annual energy investment to sustain economic growth while pushing its net-zero ambitions. The bulk of this capital will be directed toward scaling up renewable power generation, grid infrastructure modernization, and energy storage, according to Wood Mackenzie.
Kosol Energie signs 360 MW Hoymiles microinverter deal for Andhra Pradesh residential rooftop solar projects
Kosol Energie has finalized a 360 MW microinverter supply agreement with Hoymiles Power Electronics Inc. for residential rooftop solar projects to be deployed across Andhra Pradesh.
