GE Vernova unveils INR 1.4 billion investment plan to expand manufacturing footprint in India
GE Vernova has announced a strategic investment of around INR 1,400 million ($16 million) to expand its electrification manufacturing and engineering footprint in India. The investment includes the development of a new HVDC/FACTS manufacturing line in Chennai and a cutting-edge engineering & test lab in Noida.
US-China tariff negotiations and impacts
Although the suspension of the 24% tariff under Section 301 sends a signal of easing, the retention of the full 10% under Section 201 and the average 83% anti-dumping/countervailing duties means that Chinese solar PV exports to the US still face a combined tax rate of nearly 200%.
Siemens Ltd new orders up 44% yoy in Jan-Feb-March quarter
Siemens Ltd has secured new orders worth INR 5,305 crore in the quarter ended March 31, 2025, 44% up year-on-year. Revenue for the quarter increased 2.6% to INR 4,259 crore.
Falling prices, rising geopolitical risks define energy storage scenarios
Experts speaking at the upcoming NetZero Milan Expo-Summit 2025 have told pv magazine that lithium’s rising competitiveness is pressuring emerging chemistries like sodium-ion, as the market shifts from incremental gains to larger cells that could reshape enclosure design.
BluPine Energy achieves financial closure of INR 376 crore for 100 MW solar project in Gujarat
BluPine Energy has achieved the financial closure of debt funding worth INR 376 crore for its 100 MW solar power project under development in Gujarat.
Taiwan proposes mandatory solar for new buildings
The Taiwanese government has proposed new rules requiring PV installations on most new, expanded, or renovated buildings. The draft standards aim to boost renewable energy and decarbonisation by setting minimum solar capacity requirements, with potential exemptions for insufficient sunlight or technical issues.
Adani Group deploys India’s first hydrogen-powered truck for mining logistics
Adani Enterprises, part of Adani Group, has launched India’s first hydrogen fuel cell-powered truck for mining logistics in Chhattisgarh’s Raipur district.
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.
