Critical mineral supply concentration threatens India’s energy transition; diversification key to supply security
A new briefing note by Institute for Energy Economics and Financial Analysis (IEEFA) finds that India’s imports of key energy transition minerals and their compounds are highly concentrated, underscoring significant supply risks and the importance of diversification to enhance supply security.
Rosi to build PV module recycling plant in Spain
Rosi has raised more than €20 million in a Series B funding round to scale its photovoltaic module recycling business and build a new 10,000-tonne-per-year facility in Teruel, Spain. The company uses pyrolysis-based technology to recover high-purity materials including silver, silicon, copper, aluminium and glass from end-of-life solar modules.
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
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.
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.
