Sunnova files for bankruptcy
US residential solar company Sunnova has entered into asset and power purchase agreements to support operations while it seeks a buyer.
Solar wafer prices decline 22.78% since April peak
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.
India’s solar backbone can’t be outsourced: A case for secure, homegrown inverters
In a world where electricity defines sovereignty, allowing foreign-made devices to sit at the core of India’s solar infrastructure is nothing short of national negligence. In today’s age, power is not just electricity—it is sovereignty. We cannot afford blackout-level vulnerabilities induced by foreign-made solar inverter hardware with security loopholes.
Waaree Energies launches Indosolar offer for sale
The offer for sale (OFS) opens for non-retail investors on June 5 and continues on June 6 for retail investors and unallocated non-retail bids. The floor price for the OFS has been set at INR 10 per equity share.
Solar energy firms face over 2,700 compliance obligations: TeamLease Regtech
A new report by TeamLease Regtech states that a standalone solar energy producing plant in Maharashtra, with a corporate office in Haryana, must comply with 799 unique regulatory obligations and 2,735 total compliance instances in a year.
Sunnova subsidiary files for bankruptcy protection
The residential solar company has been in a downturn for more than a year, with earnings misses, layoffs, changes in leadership and cancellation of a $3 billion loan guarantee.
Tariffs could drive US solar, storage costs up 50%
A recent Wood Mackenzie report examines two possible tariff scenarios and concludes that costs will skyrocket for both utility-scale solar development and battery energy storage systems.
China module prices steady amid bearish outlook
In a new weekly update for pv magazine, OPIS, a Dow Jones company, reports that TOPCon modules from China held steady at $0.083/W. Meanwhile, the spot price for U.S. TOPcon modules over 600 W was assessed this week at $0.263/W.
“Time is of the essence” to safe harbor solar components to secure U.S. tax credits
Projects can maintain tax credit eligibility if 5% of total capital expenditure is incurred before legislative changes take effect.
India’s power demand to grow 6.0-6.5% over next five years, driven by EVs, data centres and green hydrogen: ICRA
Electric vehicles, data centres and green hydrogen are expected to contribute to 20-25% of the incremental power demand over the next five-year period from FY2026 to FY2030.
