Researchers in South Korea have demonstrated a lower temperature process for bifacial copper, indium, selenium (CuInSe₂) solar cells with a rear-side efficiency of 8.44% and 15.30% on the front. The device has been developed for applications in tandem solar cells.
ReNew Energy Global has reported a net profit of INR 5,131 million for the first quarter of fiscal year 2026 (Q1 FY26), marking a 13-fold increase from INR 394 million in Q1 FY25. A significant portion of the profit—INR 3,562 million—was contributed by external sales from the company’s solar module and cell manufacturing business.
The economics of solar have evolved significantly. With declining panel costs and robust government support—through schemes like the PM Surya Ghar Muft Bijli Yojana and PM-KUSUM—solar is now a financially viable solution for municipalities and citizens alike.
The Chinese manufacturer said its new IEC 61215-certified rooftop PV module relies on a 30 mm aluminum frame and dual-glass construction that reportedly help it withstand extreme snow loads and wind pressure.
With this project addition, InSolare has become the only company in India to secure production-linked incentive (PLI) allocations under the SIGHT Scheme for indigenous electrolyser manufacturing, green hydrogen, and green ammonia production.
L&T Energy GreenTech has signed an agreement with Japan’s Itochu Corp. for joint development of a 300 ktpa (kilotonnes per annum) green ammonia project at Kandla in Gujarat. Itochu will offtake the green ammonia from the project for bunkering applications in Singapore.
Onix Renewable Ltd emerged as the winning bidder for production and supply of 50,000 tonnes of green ammonia annually in SECI’s latest auction under SIGHT Scheme.
Ember Energy says China’s solar export market is shifting as more diverse global supply chains drive higher cell and wafer shipments, lifting combined solar product capacity 11% this year despite lower panel exports.
Thermax has entered into an agreement with Norway-based HydrogenPro ASA (HydrogenPro) to supply, install, commission, and provide after-sales services for alkaline electrolyser systems based on HydrogenPro’s technology.
The investment package features a $200 million loan for the implementation of the project and a $50 million preferred equity investment. The approval is said to have been opposed by several members of IFC’s board of executive directors.
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