Saatvik Green Q3 FY26 profit jumps 144% YoY to INR 987.2 million
Saatvik Green Energy Ltd has posted INR 12,570.2 million revenue in Q3 FY26, up 143% year-on-year, while profit after tax (PAT) rose 144% YoY to INR 987.2 million.
GameChange Solar to supply trackers for 1,290 MWp Bisha plant in Saudi Arabia
GameChange Solar has won an order to supply its Genius Tracker 1P system for the 1,290 MWp Bisha solar PV independent power plant in Saudi Arabia. The project is being developed by ACWA Power, with L&T as the EPC partner.
NREL researchers quantify UV-induced degradation levels in TOPCon solar cells
Researchers at NREL found that UV exposure can cause significant, partly non-recoverable degradation in TOPCon solar cells, with strong cell-to-cell and intra-cell variability linked to passivation and processing inconsistencies. While some UV-related losses recover quickly under light and are unlikely to affect field performance, the findings highlight gaps in current qualification tests and the need for improved UV aging standards.
Loom Solar launches 125 kW/261 kWh BESS for C&I applications
Indian solar manufacturer Loom Solar has launched a 125 kW/261 kWh CAML battery energy storage system (BESS) for commercial and industrial (C&I) applications. The BESS is scalable up to 1 MWh.
U.S.-India trade deal reduces solar tariffs
Tariff reductions under the new U.S.-India trade agreement lower import costs for solar modules and energy storage components. Reciprocal tariffs were effectively reduced from 50% to 18%.
NLC wins 600 MW solar-plus-storage project from SECI
NLC India Ltd has secured a 600 MW solar project coupled with a 300 MW/1,800 MWh energy storage system (ESS) from the Solar Energy Corp. of India (SECI). The company said its wholly owned subsidiary, NLC India Renewables Ltd (NIRL), has received a letter of award for the project.
WTO finds US clean energy tax credits violate trade rules
The WTO ruled that U.S. clean energy tax credits under the Inflation Reduction Act violate international trade rules by giving domestic products preferential treatment over Chinese goods. The decision specifically targets the ITC and PTC Domestic Content Bonus Credits.
The Hydrogen Stream: NTPC Green signs MoU with Assago Industries for green ammonia supply
NTPC Green Energy Ltd (NGEL) has signed a Memorandum of Understanding (MoU) with Assago Industries for the supply of green ammonia, CO₂, renewable power, and other utilities to support the production of 1,000 tonnes per day (tpd) of green urea.
Finnish startup launches its first industrial-scale sand-based heat storage system
The Finnish start-up says its sand battery technology is scalable from 20 to 500 MWh with charging power from 1 to 20 MW, depending on industrial needs.
Over 2.08 million rooftop solar systems installed under PM Surya Ghar scheme as of Dec. 2025
More than 2.08 million rooftop solar systems have been installed across India under the PM Surya Ghar: Muft Bijli Yojana as of Dec. 2025, according to the Ministry of New and Renewable Energy.
