Modules & Upstream Manufacturing

Websol Energy System Ltd, a solar cell and module manufacturer, has reported revenue from operations of INR 575.5 crore for FY 2025, a significant increase from INR 25.9 crore in FY 2024. The company has posted a net profit (PAT) of INR 154.70 crore in FY 2025, compared to a loss of INR 121 crore in the previous fiscal year.

The latest announcement follows parent company Waaree Energies’s commitment of up to $1 billion to the U.S. solar ecosystem, bringing Waaree’s total planned investment in the USA to $1.2 billion by 2028.

Alpex Solar, in consortium with NVNR Power & Infra, has secured an INR 350 crore EPC order from Central Mine Planning and Design Institute Ltd, a Coal India subsidiary. It has a 70% share in the project. The company has bagged three more orders worth INR 823.85 crore for the supply of PV modules and solar pumps.

Scientists in Qatar have outlined a new approach to optimize residential bifacial PV systems by combining south-facing and vertically mounted east-facing configurations. The novel methodology reportedly results in a 21.6% increase in a system’s net present value.

pv magazine is compiling a guide to home solar installations, aimed at those who are interested in installing but are new to the market and want to make an informed decision. We have spoken to associations, installers and industry specialists in major solar markets across the globe to compile best practice guidance and advice that aims to be applicable to home solar installations anywhere in the world. The first part of the series aims to help homeowners looking to embrace PV identify the best installers on the market.

Tata Power has reported a net profit (profit after tax) of INR 1,306 crore and revenue of INR 17,328 crore for the fourth quarter of FY 2025.

Australian researchers have identified five contaminants that could increase damp heat-induced degradation in TOPCon and heterojunction cells and modules. Their analysis has shown these contaminants could originate from improper handling during cell or module processing.

Solartag has developed a 71 W solar tile with a weight 14.2 kg/m² and a power conversion efficiency of 16%. The new product relies on black PERC cells and is standardized for mass production, according to the manufacturer.

Although the suspension of the 24% tariff under Section 301 sends a signal of easing, the retention of the full 10% under Section 201 and the average 83% anti-dumping/countervailing duties means that Chinese solar PV exports to the US still face a combined tax rate of nearly 200%.

Wood Mackenzie forecasts the Middle East and North Africa region will emerge as a tariff haven and overtake Southeast Asia as a top solar export hub, becoming the primary exporter of solar panels to the US towards the end of this decade.