Alpex Solar Ltd has posted consolidated net profit of INR 42.29 crore for the quarter ended June 30, 2025, a stellar 3,890% increase over INR 1.06 crore in the same period last year. The company’s revenue from operations climbed 395% year-on-year to INR 380.32 crore
Trade is only half the story, the bigger opportunity lies in green finance. Indian renewable energy projects require an estimated $250 billion in capital by 2030. The UK, home to one of the world’s most mature green finance ecosystems, including institutions like the Green Investment Bank and large ESG-focused funds, is ideally positioned to bridge this gap.
Highland Materials will build a 16,000 metric ton (MT) solar-grade polysilicon plant on a former US nuclear project site, under a long-term lease with Pivotal Manufacturing.
Installation and commissioning of the additional 600 MW solar cell line is nearing completion, with trial production expected in September 2025 and commercial operations anticipated in October 2025.
Start-ups developing technologies in fields such as solar energy, green hydrogen, energy storage, distributed renewable energy, small hydro, wind, smart grids, and clean mobility will be supported in the development and commercialization of their innovations.
The US Department of Commerce has initiated full investigations into anti-dumping and anti-subsidy cases against solar imports from India, Indonesia, and Laos filed in July. These investigations, conducted alongside the US International Trade Commission (ITC), are expected to continue into next spring.
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.
Qcells has confirmed that US Customs and Border Protection (CBP) has detained an unspecified volume of its solar cell imports from South Korea. The company claims the cells do not contain components from Xinjiang, China and says it is working with CBP to resolve the issue.
The Chinese manufacturer has upgraded its Infinite ABC solar module series with four new product versions. It claims the new modules are the world’s first 500 W panels measuring less than 2 m2.
India’s ambitious Production Linked Incentive (PLI) Scheme for High Efficiency Solar PV Modules has resulted in the establishment of 18.5 GW of PV module manufacturing capacity as of June 30, 2025. In addition, 9.7 GW of solar cell and 2.2 GW of ingot-wafer capacity has been established under this scheme.
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