Crompton Greaves Consumer Electricals has secured a contract worth around INR 71.75 crore from Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for the deployment of 3,540 off-grid solar PV water pumping systems across Maharashtra.
Intertek Group plc (Intertek), a total quality assurance provider to industries worldwide, has acquired the assets of a state-of-the-art solar PV laboratory in Ahmedabad, Gujarat, from Mitsui Chemicals India.
A year-long study in the UK finds vertical bifacial PV systems achieve an up to 26.91% higher output during morning hours compared to traditional tilted PV systems. The vertical bifacial system bettered the tilted system across all four seasons, with average power gains as high as 24.52% during winter.
Ganesh Green Bharat Ltd, an Ahmedabad-based solar PV manufacturer and EPC player, has secured a domestic order valued at over INR 430 crore for the supply of advanced 630 Wp TOPCon n-type bifacial solar PV modules.
Figures from the International Renewable Energy Agency state that Vietnam’s cumulative solar capacity reached 19,252 MW by the end of last year, indicating a 586 MW increase in 2025.
Revenue from operations for FY26 stood at INR 3,331.42 crore, a growth of 108.51% YoY. Net profit surged 109.09% YoY to INR 478.65 crore.
Photovoltaic module prices have risen for the fourth consecutive month, driven by strong demand for energy independence despite falling upstream costs such as polysilicon. At the same time, production cuts in China and tighter supply conditions are limiting availability, reinforcing price increases across all technologies.
ReNew commissioned 2.4 GW of renewable energy capacity in FY2026, its highest ever annual addition. The company now has total operating capacity of 12.6 GW, the second largest in the country.
IIT Hyderabad-incubated PUR Energy has launched the PuREPower 3.0 Lite, an all-in-one lithium battery-based power backup solution positioned as a cleaner and more compact alternative to conventional inverter and lead-acid battery combinations for the residential segment.
India’s industrial sector is entering a pivotal phase in its energy transition. What was once a routine fuel procurement decision is now becoming a strategic imperative. Rising LPG costs, supply unpredictability, and increasing operational risks are prompting businesses to rethink how they power their operations — not just for efficiency, but for resilience.
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