Modules & Upstream Manufacturing

Scientists in Chile have developed a low-cost, easy-to-deploy hydrogen system powered by end-of-life solar panels. The residential solution reportedly achieves a levelized cost of hydrogen of approximately $5.8/kg.

A new report from Metal Focus reveals that global silver market remains structurally tight, with elevated prices, a fifth consecutive annual supply deficit in 2025, and ongoing mine and recycling constraints despite modest production growth. At the same time, PV-driven silver demand is falling sharply due to cost pressure and thrifting.

CRISIL Ratings has assigned ‘A-/Stable’ long-term and ‘A2+’ short-term ratings to the bank facilities of SAEL Industries Ltd (SIL), a vertically integrated renewable energy company.

Indian scientists have fabricated perovskite mini-modules with reduced graphene oxide interface engineering, achieving 16.6% efficiency and over 1,300 hours of stable operation. The graphene oxide layer improves film quality, reduces defects, enhances charge transport, and enables scalable fabrication, offering a promising route toward efficient and durable perovskite solar modules.

Reliance Industries Ltd has become the first company to secure the inclusion of heterojunction (HJT) solar cells in the Approved List of Models and Manufacturers (ALMM) published by the Ministry of New and Renewable Energy. The enlisted cell manufacturing capacity stands at 1,238 MW per year, covering 210 mm × 105 mm formats with zero-busbar designs. The cells are rated with efficiencies of up to 25.6% and power outputs ranging from 5.28 W to 5.66 W.

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.

While most of Vikram Solar’s PV module deployments are in India, the company has exported around 1.5 GW of modules, supporting its presence in 39 countries.

NTPC Renewable Energy Ltd (NTPC REL) has issued a tender for the supply of solar PV modules for 1 GW of projects located in Lalitpur and Chitrakoot districts of Uttar Pradesh.

The U.S.-Israeli conflict with Iran is unlikely to materially affect solar manufacturing projects in the Middle East for now, as most of these investments remain at an early stage. OPIS analyst Brian Ng sees the most immediate risk in logistics. If disruptions persist, shipments of solar products into the region could be delayed and export pricing may turn volatile.

Jupiter International and AMPIN Energy Transition have inaugurated an integrated solar cell and module manufacturing facility in Bhubaneswar, Odisha, set up through their joint venture AMPIN Solar One. The facility was inaugurated by the chief minister of Odisha, Mohan Charan Majhi.