Delta Electronics India to supply 110 MW of power conditioning systems for Prostarm’s battery storage projects
Delta Electronics India will supply 100 units of its made-in-India 1.1 MW bi-directional power conditioning systems to Prostarm’s battery energy storage projects for power utilities, including Bihar State Power Generation Company Ltd and Adani Electricity Mumbai Ltd.
Huawei, Sungrow lead Wood Mackenzie’s inverter market ranking
Wood Mackenzie’s first-half 2025 solar inverter ranking finds the top 10 leading inverter manufacturers have a 71% global market share.
Waaree Energy Storage Solutions raises INR 1,003 crore for 20 GWh lithium-ion cell and battery pack manufacturing facility
Waaree Energy Storage Solutions has raised INR 1,003 crore to support the development of a 20 GWh lithium-ion cell and battery pack manufacturing facility.
India introduces ‘Battery Aadhaar’ system to track EV batteries across lifecycle
India’s Ministry of Road Transport and Highways (MoRTH) has released draft guidelines for the implementation of a Battery Pack Aadhaar system—an indigenous digital identification and data storage mechanism designed to ensure end-to-end lifecycle traceability of batteries, particularly those used in electric vehicles (EVs).
Battery technology outlook for 2026 sharpens beyond lithium-ion
Longer-duration storage, safety-driven procurement and Foreign Entity of Concern (FEOC) compliance in the United States are accelerating interest in alternative battery chemistries, even as lithium-ion remains dominant amid rising data center demand and tighter supply chain rules.
Avaada Electro credit ratings reaffirmed by ICRA
ICRA has reaffirmed its credit ratings for Avaada Electro Ltd (AEL) and assigned ratings for enhanced borrowing limits, factoring in the company’s rapid scale-up in solar manufacturing and continued support from its parent, Avaada Ventures.
JA Solar, Trina Solar tie for top spot in Wood Mackenzie ranking
Wood Mackenzie’s first-half 2025 solar module ranking places JA Solar and Trina Solar jointly at No. 1 and introduces a new “Grade A” benchmark aimed at procurement and project finance decisions.
Insolation Energy reports INR 1,346.81-crore sales in nine months, records highest-ever monthly revenue
Insolation Energy Ltd (INA Solar) reported consolidated provisional sales of INR 1,346.81 crore for the nine months ended Dec. 31, 2025, surpassing its total sales for the entire previous financial year. The company also recorded its highest-ever monthly sales of INR 354.59 crore in Dec. 2025.
Waaree Energies bags 1.5 GW solar module order; begins production from 3.05 GW PV inverter lines
Waaree Energies Ltd has secured a major order for the supply of 1.5 GW of solar modules and commenced production from its newly installed PV inverter manufacturing lines.
China wafer leaders lift quotes as 2026 module prices may hit CNY 1/W
China’s top wafer makers raised prices on key n-type formats, signaling potential module price rises toward CNY 1 ($0.14)/W in 2026 amid efforts to curb loss-making competition.
