News

The RP Sanjiv Goenka Group is set to establish a 3 GW solar cell manufacturing facility, along with a 60 MW captive solar and energy storage system, with a proposed investment of INR 3,000 crore.

Three US manufacturers actively working to commercialize their respective perovskite-silicon tandem technologies make the case for tandem modules. CubicPV, Caelux and Swift Solar argue a commercial future for perovskites is inevitable, and they tell pv magazine the current policy environment could work in the technology’s favor.

Serentica Renewables has signed a power purchase agreement (PPA) with the Solar Energy Corp. of India (SECI) for 100 MW of round-the-clock (RTC) renewable power. To ensure the RTC power supply, it will deploy a mix of wind and solar power capacities, backed with battery energy storage systems.

The Central Electricity Regulatory Commission (CERC) is set to release final guidelines for virtual power purchase agreements (VPPAs), potentially unlocking financing opportunities for over 40 GW of uncontracted renewable energy projects across the country.

Emmvee Photovoltaic Power plans to use the net proceeds for repayment or prepayment of loans and interest taken by the company and its key subsidiary. A portion of the funds will be used for general corporate purposes

The system plugs into either a standard power outlet or the main electrical panel and automatically captures surplus solar energy – whether generated by rooftop panels or a portable plug‑and‑play kit. Up to four modules, each with a capacity of 2,200 Wh and 500 W of output, can be combined, and the system comes with a 7,500-cycle warranty for long-term reliability.

A research team from the U.S. National Renewable Energy Laboratory has analyzed n-type modules deployed in a 3 MW commercial PV project in an effort to assess the high degradation rate reported by the plant owner. The scientists found that ultraviolet-induced degradation (UVID) was a major factor affecting the facility’s performance.

India’s rooftop solar potential is vast. Policy momentum, domestic manufacturing expansion, and innovative retail models are laying the groundwork for mass adoption. The focus now must be on making solar a simple, dependable household choice — where purchasing panels is as straightforward as buying a home appliance.

Uttar Pradesh Power Corp. Ltd. (UPPCL) has launched a tender for the selection of developers to supply energy from 1,500 MWh (375 MW x 4 hours) of standalone battery energy storage systems (BESS) in the state of Uttar Pradesh, on an on-demand basis.

Saatvik Green Energy Ltd has announced the launch of its initial public offering (IPO), aiming to raise INR 900 crore. The offer comprises a fresh issue of equity shares aggregating up to INR 700 crore and an offer for sale (OFS) aggregating up to INR 200 crore by the promoters.