SAEL to set up 5 GW solar cell and module manufacturing facility in Uttar Pradesh
SAEL Industries Ltd will invest around INR 8,200 crore to establish a 5 GW integrated solar cell and module manufacturing facility in Greater Noida, Uttar Pradesh. Once operational, it will take SAEL’s total solar manufacturing capacity to 8.5 GW.
Huawei leads global inverter market as shipments hit 589 GW in 2024
Chinese companies made up nine of the 10 largest global inverter suppliers in 2024, with total inverter shipments reaching 589 GW (AC), according to Wood Mackenzie.
Ola Electric targets full 5 GWh battery cell capacity by the end of FY2026
Ola Electric says at 5 GWh scale, the cost of making the battery cell in-house will be lower than procuring it from vendors.
Shakti Pumps invests INR 12 crore in solar manufacturing arm
Shakti Pumps (India) Ltd has invested INR 12 crore in its wholly owned subsidiary, Shakti Energy Solutions Ltd, in exchange for equity shares.
China polysilicon price increases amid regulatory signals
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.
“Energy storage will account for half our business within three years”: Geon vice president
Khushi Kabra, Vice President–Strategy at Geon (formerly Battrixx), speaks to pv magazine on pivoting from electric vehicle (EV) batteries to building a strong foothold in the energy storage space.
How is India’s power infrastructure evolving amid global supply chain shifts?
With renewable capacity expanding, grid upgrades underway, and policies fostering local supply chains, India is navigating a complex but promising energy transition.
NREL, CubicPV achieves 24% efficiency for perovskite mini solar module
A U.S.-based collaboration between the National Renewable Energy Laboratory (NREL) and CubicPV has yielded a perovskite minimodule with certified efficiency of 24.0%. The two noted that it is the first time a U.S. effort has set a record in the perovskite mini module category.
The Hydrogen Stream: IIT Madras, Hyundai to launch green hydrogen innovation centre
Hyundai Motor India Ltd (HMIL), in collaboration with IIT Madras, will establish a 65,000 sq. ft. green hydrogen innovation centre in Chennai, enabling research, development, and deployment of hydrogen technologies.
India’s emerging role in EV battery recycling: Creating a circular economy
India is well-placed to advance the e-mobility circular economy in Asia against the backdrop of the fast-growing market and recycling strategies. Adopting the 5Rs—Reduce, Reuse, Repurpose, Remanufacture, and Recycle—can help in reducing resource depletion and waste.
