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Manufacturing

Waaree Energies profit rises 101.45% YoY in FY 2026

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

Transmission is the backbone of India’s Electrification 2.0

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.

Boviet Solar sells U.S. PV module factory to Indian manufacturer Inox Solar

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 announces world record efficiency of 28.13% for silicon solar cell

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 reports INR 5,050 crore revenue, INR 1,082 crore profit in FY2026

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.

CATL secures world’s largest sodium-ion battery order with Hyperstrong

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

Japanese scientists build all-perovskite tandem solar cell with 30.2% efficiency

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.

Trina Solar claims world’s highest efficiency for silicon solar cells with 28.0%-efficient device

The Chinese manufacturer said its TOPCon-compatible hybrid back-contact solar cell achieved a power conversion efficiency of 28.0%. The result was confirmed by Germany’s Institute for Solar Energy Research Hamelin (ISFH).

Websol Energy System doubles profit to INR 303 crore in FY 2026

Indian solar manufacturer Websol Energy System Ltd has reported total income of INR 1,059.31 crore in FY 2026, compared to INR 577.43 crore in the previous fiscal year. Profit after tax rose 96% year-on-year to INR 303 crore in FY 2026, from INR 154.74 crore in FY 2025.

U.S. government sets preliminary anti-dumping duties on solar imports from India, Indonesia, and Laos

The U.S. Department of Commerce has issued preliminary anti-dumping determinations for three key solar-exporting nations, establishing duties of up to 123% on crystalline silicon photovoltaic cells and modules.

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