Solar cell prices decline, production regions continue to diversify
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.
CIL, AM Green enter 4.5 GW renewable power pact
Coal India Ltd (CIL) will develop 2.5–3 GW of solar power capacity and 1.5–2 GW of wind power to supply renewable energy to AM Green’s upcoming green ammonia production facilities.
SolarPower Europe expels Huawei amid EU bribery probe
SolarPower Europe (SPE) has dropped Huawei as a member amid an EU corruption investigation, as the European Commission moves to sever ties with trade groups representing the Chinese tech giant. The decision marks the first such removal by the Brussels-based solar lobby.
REC posts highest-ever annual profit of INR 15,713 crore
REC Ltd, a non-banking finance company focused on the power sector, has reported a record net profit of INR 15,713 crore for FY 2024-25, marking a 12% increase from INR 14,019 crore in FY 2023-24. Total income rose by 19% year-on-year to INR 55,980 crore.
The Hydrogen Stream: Sungrow starts world’s largest dual-tech green H2 plant
Sungrow Hydrogen has started production at China’s largest dual-tech green hydrogen project combining PEM and alkaline electrolyzers, while HNO International has partnered with Zhuhai Topower to pilot its modular hydrogen platform in China.
NTPC to launch INR 4,000 crore NCD issue this week
NTPC has decided to raise INR 4,000 crore through the issuance of unsecured, non-convertible debentures on a private placement basis on May 9.
India to reach 160 GW of solar module capacity, 120 GW of cells by 2030
A new report by SolarPower Europe, with India-specific projections contributed by the National Solar Energy Federation of India (NSEFI), projects India’s solar module manufacturing capacity to increase significantly from 80 GW in 2025 to 160 GW by 2030. Cell manufacturing capacity is projected to grow from 15 GW to 120 GW.
Reliance Power allots 10.55 crore shares aggregating INR 348.15 crore upon warrant conversion
Reliance Power said the capital infusion will strengthen its growth trajectory in the renewable energy sector.
Tracking the Sun for a brighter tomorrow
Solar trackers are not just an upgrade to existing PV setups—they have the potential to be as crucial as any other component in a solar power plant.
De-risking investments for India’s energy transition
As India strives to move away from its reliance on coal and other fossil fuels, financing this transition remains one of the greatest hurdles. The key challenge lies in de-risking investments to attract the necessary capital for a sustainable and low-carbon energy future.
