GREW Solar today announced that it has secured a 550 MW repeat order to supply solar PV modules to a leading independent power producer (IPP).
NTPC Renewable Energy Ltd (NTPC REL) has invited bids for the supply of crystalline silicon TOPCon glass-glass bifacial PV modules for a 400 MW solar project in Chitrakoot, Uttar Pradesh.
Saatvik Green Energy Ltd has posted INR 12,570.2 million revenue in Q3 FY26, up 143% year-on-year, while profit after tax (PAT) rose 144% YoY to INR 987.2 million.
Researchers at NREL found that UV exposure can cause significant, partly non-recoverable degradation in TOPCon solar cells, with strong cell-to-cell and intra-cell variability linked to passivation and processing inconsistencies. While some UV-related losses recover quickly under light and are unlikely to affect field performance, the findings highlight gaps in current qualification tests and the need for improved UV aging standards.
Tariff reductions under the new U.S.-India trade agreement lower import costs for solar modules and energy storage components. Reciprocal tariffs were effectively reduced from 50% to 18%.
The WTO ruled that U.S. clean energy tax credits under the Inflation Reduction Act violate international trade rules by giving domestic products preferential treatment over Chinese goods. The decision specifically targets the ITC and PTC Domestic Content Bonus Credits.
Coal-based thermal power is expected to remain the backbone of electricity generation in FY27, accounting for around 70%, even as renewable energy continues to dominate incremental capacity additions.
India’s Union Budget 2026–27 extends basic customs duty (BCD) exemptions on the import of capital goods used for lithium-ion cell production for battery energy storage systems (BESS), as well as capital goods required for processing critical minerals. It also removes the 7.5% BCD on sodium antimonate used in solar glass manufacturing.
Researchers at SUPSI found that six Swiss PV systems installed in the late 1980s and early 1990s show exceptionally low degradation rates of just 0.16% to 0.24% per year after more than 30 years of operation. The study shows that thermal stress, ventilation, and material design play a greater role in long-term module reliability than altitude or irradiance alone.
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.
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