What will help India to reduce the $2 billion battery import bill?
India’s Production-Linked Incentive (PLI) programme for cell manufacturing has attracted investment into gigafactories and electrode production, but local manufacturing can only succeed if it has access to steady, domestic mineral feedstock. Recovered materials from end-of-life batteries can supply a meaningful share of that requirement, provided there is strong collection infrastructure, organised supply aggregation, and investment in processing technologies.
Waaree unveils 645 Wp TOPCon G12R front contactless solar module with 23.88% efficiency
Waaree Energies has unveiled its TEJOMAY series n-type TOPCon dual-glass back-contact module with 645 Wp power output and 23.88% efficiency.
ReNew H1 net profit jumps 84% YoY
ReNew Energy Global Plc has reported a total Income (or total revenue) of $898 million for H1 FY26, a 45.7% increase YoY. Net profit surged 83.3% YoY to $110 million, driven by the company’s expanding operational RE capacity and solar manufacturing capacities.
Bihar Batteries to commercialize sodium-ion batteries in 2026
The company has produced its first sodium-ion battery prototype and, in collaboration with Spanish research institute CIC energiGUNE, developed sodium-ion cell prototypes that have shown “very promising results.”
Solex Energy H1 revenue up 51.6% YoY
Solex Energy has reported a revenue of INR 4,157 million in the first half of FY26, 51.6% up year-on-year. Profit after tax (PAT) surged 133.2% YoY to INR 305 million.
Emmvee’s INR 2,900-crore IPO to open on Nov. 11
The IPO comprises a fresh issue of shares worth INR 2,143.86 crore and an offer for sale (OFS) of shares valued INR 756.14 crore by promoters. The price band is set between INR 206 and INR 217 per share.
LG Chem, Sinopec to jointly develop sodium-ion battery materials
With investment in the sodium-ion battery sector rebounding in 2025 after last year’s slowdown, two chemical heavyweights are partnering to develop cathode and anode materials for the emerging technology.
Chinese solar cell prices ease as looming Indian antidumping duties prompt contract renegotiations
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.
From scale to strength: How India’s solar industry is forced to become a global premium player
EUPD Research explores India’s rapid solar manufacturing expansion, its growing export potential, competitiveness relative to China, and the evolving trade and sustainability dynamics shaping global PV markets.
Kosol Energie unveils 730 Wp G12 TOPCon solar panel, expands into BESS production
Kosol Energie unveiled its high-efficiency 730 Wp G12 TOPCon solar panel for commercial and utility-scale projects at REI 2025. The company also announced plans to expand its module manufacturing capacity by an additional 6 GW, bringing the total to 9 GW by late 2026. In addition, Kosol Energie is venturing into large-scale battery energy storage systems (BESS), with an initial planned annual production capacity of 3–3.5 GWh.
