IEA’s World Energy Outlook systemically underestimates solar PV development
Since 1993, the World Energy Outlook (WEO) of the International Energy Agency (IEA) has been an authoritative report on energy statistics and guiding future energy supply and demand developments. An examination of these reports, however, indicates that even the most progressive of WEO scenarios has vastly underestimated the growth of renewable energy technologies, especially solar PV.
BrightNight secures PPA for 110 MW renewables-plus-storage project
BrightNight has secured a power purchase agreement with state-owned NTPC to supply 110 MW AC of firm and dispatchable renewable energy.
BC Jindal Group announces INR 15,000-crore investment in solar and battery manufacturing
The BC Jindal Group has unveiled plans to invest INR 15,000 crore by 2030 to establish multigigawatt-scale manufacturing capacities for solar cells and modules, battery cells and packs, and solar glass.
Havells invests INR 600 crore in Goldi Solar
Havells India Ltd has signed binding term sheet to invest INR 600 crore in Surat-based PV module manufacturer Goldi Solar (Goldi). As part of conditions precedent to the transaction, Havells will enter into a master supply and service agreement with Goldi for consistent supply of solar modules and cells.
Premier Energies, Germany’s RENA Technologies join forces for solar cell innovation
Premier Energies Ltd has partnered with Germany-based RENA Technologies GmbH on process innovations for n-type solar cells and the development of wet chemistry techniques for next-generation tandem solar cells.
Data centers lead global growth in corporate PPAs
In 2024, the global corporate clean energy procurement market grew strongly, with a record 68 GW of power purchase agreements (PPAs) and other clean energy procurement deals announced. That amounted to 29% growth against the previous year. Caroline Zhu and Bruno Brunetti, of S&P Global Commodity Insights, examine the trends behind these numbers.
Longi claims world’s highest efficiency for silicon solar cells
Longi said it has achieved a 27.81% efficiency rating for a hybrid interdigitated back contact, as confirmed by Germany’s Institute for Solar Energy Research Hamelin (ISFH).
India’s installed rooftop solar capacity expected to reach 30 GW by FY27
India’s installed rooftop solar capacity will reach 25–30 GW by FY 2027 from 17 GW in FY 2025, according to CareEdge Advisory & Research.
GameChange Solar crosses 13 GW projects in India
GameChange Solar, a solar tracker and fixed-tilt racking solutions provider, has surpassed 13 GW of projects in India (commissioned as well as under installation) with 7 GW orders booked in FY 2025 alone.
Jupiter International raises INR 500 crore from ValueQuest and its affiliates for solar manufacturing expansion
Jupiter International Ltd has secured an INR 500 crore investment from ValueQuest SCALE Fund and its affiliates to support expansion of its solar manufacturing capacity.
