Manufacturing

Solar additions in CY2025 comprised 28.6 GW of new utility-scale solar capacity (up about 54.6% year-on-year), 7.9 GW of rooftop solar capacity (a 72% YoY increase), and 1.35 GW of off-grid/distributed solar capacity (8.8% lower than installations in CY2024).

Saatvik Green Energy Ltd’s arm Saatvik Solar Industries has secured an order worth INR 13.80 crore from a private-sector power producer for the supply of solar PV modules. The order is scheduled to be executed by February 2026.

A new Perspectives research study on the future of the global PV supply chain outlines how module prices, performance, and lifetimes could evolve over the next 25 years. The work reflects a collaboration among leading solar research institutions worldwide. One of the study’s authors, the director of the Fraunhofer Institute for Solar Energy Systems (ISE), told pv magazine that solar module and cell efficiencies could exceed 35% by 2050, with panel prices expected to drop by a factor of two.

Every additional EV, wind turbine, transmission line, or storage system intensifies pressure on supply chains that are already concentrated and geopolitically sensitive. Competing solely on mining is neither sufficient nor sustainable.

Ola Electric has rolled out Ola Shakti, a residential battery energy storage system (BESS), from its gigafactory in the Krishnagiri district of Tamil Nadu. Powered by Ola Electric’s indigenous 4680 Bharat Cells, Ola Shakti is India’s first residential BESS to be fully designed, engineered, and manufactured domestically.

Uniper has signed the agreement to offtake up to 500,000 tons per year from AM Green’s green ammonia projects. The first shipment is expected to happen as early as 2028 from AM Green Ammonia’s first 1 million ton per annum (MTPA) under construction plant in Kakinada, Andhra Pradesh.

RenewSys India has launched CONSERV AUGMENSHEET, a sheet encapsulant for insulation and sealing of busbar and junction box areas in solar modules. Supplied in reel format, the product supports automatic feed-in on fully automated module manufacturing lines, enabling higher productivity and consistent processing for next-generation solar module production.

By 2050, sodium-ion batteries with fast learning rates could deliver storage at 11–14 €/MWh – cheaper than lithium-ion at 16–22 €/MWh – while also offering higher energy-to-power ratios and high cycle durability, a new research finds.

China will scrap value-added tax export rebates for PV products from April 1, 2026, while cutting battery rebates ahead of a full phaseout, raising export costs for manufacturers and potentially pulling shipments forward into early 2026.

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.