Manufacturing

Waaree Energies Ltd has reported a total income of INR 6,226.54 crore for Q2 FY2026, marking a stellar 69.96% year-on-year (YoY) growth. Net profit (profit after tax) for the quarter surged by 133.78% YoY to INR 878.21 crore.

Sunsure Energy, founded in 2014, has evolved from a solar developer into a clean energy solutions provider delivering integrated power solutions across solar, wind, and battery storage. Kartikeya Sharma, co-founder and chief business officer at Sunsure, speaks to pv magazine on the key trends reshaping India’s renewable energy landscape, the rising role of battery storage, and Sunsure’s plans for the market.

TACC will use the INR 1,230 crore credit facility secured from the State Bank of India to fund its lithium-ion battery grade graphite anode facility with a capacity of 20,000 mtpa in Dewas, Madhya Pradesh.

The Chinese manufacturer said its new inverters can deliver 160% overload for 200 ms in off-grid mode, ensuring stable startup of heavy loads. The IP66-rated products feature a maximum efficiency of 97.6% and a European efficiency of 97.2%.

Demand for copper, often considered as one of the most valuable alternatives to silver in solar manufacturing, is expected to increase by almost a quarter globally by the middle of next decade. Wood Mackenzie says the energy transition is one of four ‘disruptors’ that could cause demand to increase further.

Saatvik Green Energy announced today that it has received orders for the supply of high-efficiency solar PV modules worth INR 689.47 crore. The orders have been placed by multiple private-sector power producers and EPC installers across India.

ArcelorMittal has started producing its Helioroof building-integrated PV modules in France. The steelmaker says the system aims to simplify energy retrofits for commercial and industrial roofs.

Gautam Solar has announced that its 640 Wp R-Series TOPCon solar modules have received approvals from both the Approved List of Models and Manufacturers (ALMM) and the Bureau of Indian Standards (BIS).

Industry players speak to pv magazine about whether China’s decision to tighten export controls on key minerals and technologies for lithium batteries will cause a short-term disruption or lead to a long-term strategic realignment of the global supply chain.

The world is projected to retire over 11 million tonnes of lithium-ion batteries each year by 2030. India may contribute nearly 2 million tonnes by 2030, not only due to electric vehicles, but also because of an exponential level of consumption of consumer electronics and stationary storage.