Sugs Lloyd aims to raise INR 85.4 crore through IPO
Sugs Lloyd Ltd, a Delhi-based renewable EPC company, aims to raise INR 85.4 crore by going public. It will use INR 64 crore from the total proceeds to support working capital requirements for business expansion, while the remaining amount will be used for general corporate purposes.
Propagation of lithium-ion fires is the real threat
Live fire tests aim to demonstrate physical containment technology.
Turkey opens anti-dumping probe into Chinese PV frames, junction boxes
The Turkish authorities claim to have found evidence of dumping practices by Chinese PV junction boxes and frames manufacturers, which allegedly caused substantial damage to domestic producers.
India installed 5.93 GW of utility-scale solar in Q1 2025, says JMK Research
India installed 5.93 GW of utility-scale solar capacity in Jan-Feb-March period of 2025, marking a 12.2% increase compared to the previous quarter. Additionally, around 1.34 GW was added in the rooftop solar segment during the same period.
Insolation Energy posts INR 126.2 crore profit in FY 2025
Indian solar manufacturer Insolation Energy Ltd has reported a revenue of INR 1,333.8 crore for FY25, marking an 80.9% year-on-year (YoY) increase from INR 737.2 crore in FY 2024. Profit after tax surged 127.5% YoY to INR 126.2 crore.
Improving perovskite solar cell durability via formamidinium cations
A team of São Paulo-based researchers have found incorporating formamidinium cations into methylammonium-based lead iodide perovskite films increases the durability of perovskite solar cells when fabricated and measured under ambient conditions.
Ecoprogetti releases fully automated solar panel recycling line
Italy’s Ecoprogetti has developed an automated photovoltaic recycling line that separates and recovers up to 100% of the aluminum, copper, glass, plastic and silicon in solar panels. It can process up to 60 panels per hour while using 40% less energy than other solutions on the market.
AM Green, Port of Rotterdam collaborate to build green fuels supply-chain corridor
India’s AM Green and the Port of Rotterdam have signed an agreement to develop a supply-chain corridor for exporting green hydrogen, green ammonia and sustainable aviation fuels from India to Europe.
Novasys Greenergy unveils 650 W bifacial TOPCon solar module
Novasys Greenergy has unveiled Lynx Series n-type TOPCon glass-backsheet bifacial solar modules in power outputs from 600 Wp to 650 Wp and efficiencies between 21.27% and 23.05%.
Sinovoltaics updates solar module supply chain map for Europe
The latest report from the technical compliance and quality assurance company added several new producers but also noted several plant closures acorss the region. It said the current nameplate capacity for the region stands at 21 GW for modules, 3.2 GW for cells, and 1.5 GW for ingots.
