Why transformers are the unsung heroes of India’s green revolution
We are preparing for a future where transformers are dynamic energy hubs, stabilizing a grid that is constantly fluctuating between charging EVs and absorbing solar export.
India’s Union Budget 2026–27 removes customs duty on solar glass inputs, lithium battery cell machinery, and critical minerals processing equipment
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.
Study finds much lower-than-expected degradation in 1980s and 1990s solar modules
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.
TOPCon cell prices rise for fourth week amid elevated silver costs and export rebate uncertainty
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.
SAEL Group solar SPVs assigned higher ratings by Crisil
Crisil Ratings has assigned higher ratings to five special purpose vehicles (SPVs) of SAEL Industries Ltd, citing revenue stability, adequate debt coverage metrics, and execution capabilities across SAEL’s solar power generation and PV module manufacturing operations.
Chinese startup claims record-breaking 27.87% efficiency for single-junction perovskite solar cell
Shenzhen-based SolaEon has reported a 27.87% efficiency for a single-junction perovskite solar cell on a 0.076 cm² lab device, certified by China’s National Photovoltaic Industry Metrology and Testing Center.
Luminous Power inaugurates 500 MWh lithium-ion battery assembly line at Baddi facility
Luminous Power Technologies has inaugurated its first lithium-ion battery assembly line at Baddi, Himachal Pradesh. This new line is designed to produce standalone lithium-ion battery packs, stationary battery energy storage systems (BESS), and automotive battery packs for e-rickshaw applications.
Stäubli expands Indian manufacturing footprint with $10 million PV connector investment
Swiss electrical connector manufacturer Stäubli has invested $10 million to expand its manufacturing facility in Bangalore, strengthening its presence in India’s fast-growing solar PV market. The expanded site will produce MC4-Evo1 and MC4-Evo2 connectors using fully automated assembly lines to support domestic and global demand.
Oswal Greenzo Energies secures India’s first port-based 5 MW green hydrogen project at Deendayal Port, Kandla
Oswal Greenzo Energies, a joint venture between Oswal Energies Ltd and Greenzo Energy India Ltd, has been awarded a contract for the design, supply, installation, testing, and commissioning of a 5 MW green hydrogen plant at Deendayal Port, Kandla. The facility will be India’s first green hydrogen plant located at a major port, positioning Deendayal Port as an early mover in maritime decarbonisation.
U.S. authorities find no definitive evidence of hidden devices in Chinese solar inverters
New documents reveal US government found only two cases of communications in Chinese inverters that differed from official documentation. The discrepancies were deemed “non-malicious” and “non-intentional” by investigators.
