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Alpex Solar secures INR 215.20 crore module supply order

Alpex Solar Ltd has announced that it has secured a solar module supply order valued at INR 215.20 crore (excluding GST) from a domestic industry player. The order involves the supply of high-efficiency solar modules and is scheduled to be executed over a six-month period.
Highlights

Vikram Solar moves entire module portfolio to G12R

Vikram Solar Ltd today announced adoption of G12R format across its entire PV module portfolio. The company said the move reflects broader industry trends toward larger-format wafers, high-efficiency n-type technologies, and bifacial module designs aimed...
Highlights

Sterling and Wilson Renewable Energy revises FY26 order inflow guidance to over INR 11,000 crore

New orders of INR 3,086 crore in Q3 and a robust pipeline for Q4 gives the company the confidence to revise its order booking guidance to over INR 11,000 crore this fiscal.
Announcements

SunRise Arabia Clean Energy Conference 2026

Join the 3rd SunRise Arabia Clean Energy Conference on April 22, 2026, in Riyadh to explore how solar PV and energy storage are powering the Kingdom’s growing digital economy — including data centers. Secure your spot at the early-bird rate.

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Battery Business & Development Forum 2026

Connect with Europe’s energy storage leaders at the Battery Business & Development Forum 2026 in Frankfurt (March 31–April 1) and gain insights into evolving business models, financing strategies, and market trends

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Unlocking affordable, reliable power for Saudi data centers with PV & Storage

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Webinar+ | The Solar Module Market Playbook: managing pricing, risks, and other procurement challenges

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Join our ticketed webinar for an in-depth look at the evolving solar module pricing landscape. Discover pricing trends, supplier risks, and contract strategies to help you purchase smarter, negotiate effectively, and strengthen your PV projects.Webinar+ Global Jan 28

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Manufacturing

New Delhi to host Bharat Electricity Summit 2026 from 19–22 March

The four-day Summit will focus on the entire power value chain, including power generation (with emphasis on clean energy systems such as solar, wind, hydro, green hydrogen, etc.), transmission and distribution, energy storage, and energy efficiency solu...
Highlights

Nextpower, Abunayyan to build 12 GW solar tracker factory in Saudi Arabia

The factory will be located in Jeddah and supply solar trackers across Saudi Arabia and the MENA region.
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Highlights

Canadian Solar wins U.S. patent litigation against Maxeon

The patent infringement case was related to an unspecified TOPCon solar cell technology.
Highlights

Juniper Green completes solar component of 133 MW Solapur hybrid power project

Juniper Green Energy has announced the successful commissioning of an additional 72 MWp solar capacity of its 133 MWp hybrid power project in Solapur district, Maharashtra, marking the completion of the solar component of the hybrid project.
Highlights

Emmvee Photovoltaic Q3 revenue jumps 118% YoY to INR 11,523 million

Emmvee Photovoltaic Power Ltd, an integrated solar module and cell manufacturer, today announced that its revenue from operations for Q3 FY26 stood at INR 11,523 million, an increase of 118% year-on-year (YoY). Profit after tax (PAT) for Q3 surged 166% Y...

Markets & Policy

Featured

Smart grids, smarter solar: Preparing India’s grid for high renewable penetration 

Smart grids represent a fundamental shift in how electricity networks are planned and operated. By leveraging digital technologies, real-time communication, and automation, smart grids enable utilities to respond dynamically to changing grid conditions. For India, this transformation is critical to maintaining reliability while integrating large volumes of solar and wind power. 

Solar accounted for 7.24 million jobs in 2024

The International Renewable Energy Agency’s annual review into employment finds solar held over 43% of global jobs in the renewable energy sector in 2024.

Powering the green shift: How India’s renewable energy workforce evolved in 2025 and what lies ahead in 2026

High solar irradiation, expanding wind corridors, improving transmission infrastructure, and declining storage costs position India to be one of the largest contributors to incremental global renewable capacity additions by 2030. This also strengthens India’s role as a long-term hub for renewable project execution talent.

India adds record 37.9 GW of solar capacity in CY2025

Solar additions in CY2025 comprised 28.6 GW of new utility-scale solar capacity (up about 54.6% year-on-year), 7.9 GW of rooftop solar capacity (a 72% YoY increase), and 1.35 GW of off-grid/distributed solar capacity (8.8% lower than installations in CY2024).

Mercom finds widening gap between storage auction bids and project economics

Only around 50% of standalone battery energy storage system (BESS) projects analyzed in India demonstrate positive project economics under modeled assumptions, according to Mercom India Research’s newly released LCOS and Bidding Trends in Indian Energy Storage Projects report. The projects assessed were auctioned between July and November 2025.

Uniper, AM Green sign long-term offtake agreement for up to 500,000 tons per year of renewable ammonia from India

Uniper has signed the agreement to offtake up to 500,000 tons per year from AM Green’s green ammonia projects. The first shipment is expected to happen as early as 2028 from AM Green Ammonia’s first 1 million ton per annum (MTPA) under construction plant in Kakinada, Andhra Pradesh.

Installations

Featured

Scaling solar in harsh terrains

Setting up solar projects in harsh terrains is more than an engineering challenge—it is a test of planning, adaptability, and execution discipline. As India’s solar capacity continues to expand, the next 100 MW of installations will increasingly come from regions where conditions are difficult but potential remains high.

Waaree Renewable Technologies records Q3 revenue of INR 851.06 crore

Waaree Renewable Technologies Ltd (WRTL), the EPC arm of the Waaree Group, reported its highest-ever third-quarter revenue of INR 851.06 crore for Q3 FY2026, marking a 136.18% year-on-year (YoY) increase from INR 360.35 crore in Q3 FY2025.

CEAT partners with CleanMax for 59 MW hybrid wind–solar projects for captive use

CEAT, a leading Indian tyre manufacturer, has partnered with CleanMax Enviro Energy Solutions Ltd (CleanMax) to develop 59 MW of hybrid wind–solar projects for captive consumption. The projects will supply renewable power to its Halol facility in Gujarat and Kanchipuram facility in Tamil Nadu.

Pace Digitek secures 300 MW solar EPC order from Bondada Engineering

Pace Digitek Ltd has secured the balance-of-systems package from Bondada Engineering Ltd (BEL) for a 300 MW solar project.

ENGIE awarded 200 MW solar project with 100 MW/600 MWh battery storage by SECI

ENGIE has secured a 200 MW solar project paired with a 100 MW/600 MWh battery energy storage system (BESS) in India. The project was awarded through a competitive bidding process conducted by the Solar Energy Corp. of India (SECI).

Capex-driven strategies can reduce solar LCOE by 20%

An international research group has conducted a literature review of capital expenditure-driven levelized cost of electricity optimization strategies for utility-scale PV systems. Tracking optimization, system voltage escalation, and advanced system design are identified as the most promising cost reduction areas. “The next wave of PV research must be LCOE-native, system-level, and deployment-validated,” a member of the research group said.

Technology

Featured

Grid-forming inverters significantly enhance grid stability, national lab finds

The Kauaʻi Island Utility Cooperative in Hawaii, which deployed storage before grid-forming inverters became available, became a test case for diagnosing grid issues that can arise with older grid-following inverters, and how grid-forming inverters can stabilize a grid.

India’s smart metering boom: How decentralized IoT is reinventing the power grid

The Indian power system is evolving faster than most global peers. Electricity demand is rising. Rooftop solar, electric mobility, and distributed generation are accelerating. The grid, once designed for predictable one-direction flows, is becoming a dynamic, decentralised organism. To manage it, India requires data that is just as distributed as the energy sources feeding the system. This is where decentralised RF mesh networks have begun to play an important role.

The real question for India: Should we chase the next technology or optimize global best practices?

By combining proven global practices with solutions designed for Indian conditions, offering choices for different customer needs, and continuing to invest in meaningful innovation, India can build a solar ecosystem that is resilient and inclusive.

Aiko achieves 34.76% efficiency for 2-terminal perovskite-silicon tandem solar cell

The Chinese manufacturer said its 2-terminal 34.76%-efficient perovskite-silicon tandem lab-scale cell is based on heterojunction technology and developed by a collaboration of Solarlab Aiko Europe, Aiko headquarters, and its R&D in Yuwi, China.

The Hydrogen Stream: IIT Kanpur, HBTU to jointly establish Centre of Excellence for Green Hydrogen in Uttar Pradesh

The Centre of Excellence, operated from the campus of IIT Kanpur and HBTU Kanpur, will prioritize research and development focused on green hydrogen production, storage, transportation, safety standards, testing, demonstrations, and industrial use. Special emphasis will be on applied research and technological solutions for industries such as refineries, fertilizers, transportation, manufacturing, and energy systems.

The future of impact funding: Aligning capital with sustainable outcomes

The largest area of green financing is energy-efficient machinery, which supports MSMEs in modernising production lines and reducing operational energy consumption. Significant capital is also being channelled into rooftop solar installations, electric vehicles, and enterprises operating in the water, sanitation, and hygiene (WASH) sectors, across clusters such as manufacturing, healthcare, and food processing.

Manufacturing

Featured

Why sodium-ion can’t yet challenge lithium-ion’s reign

A new generation of sodium-ion (Na-ion) battery cells has been launched as an alternative to the virtual monopoly of lithium-ion (Li-ion). Although the technology is unlikely to displace significant Li-ion market share, recent improvements make Na-ion a viable solution for certain niche applications, with potential for wider usage if cost becomes competitive.

Onix Renewable signs MoU for green ammonia production facility, PM KUSUM solar projects in Gujarat

Onix Renewable Ltd has signed a Memorandum of Understanding (MoU) with the government of Gujarat for the establishment of a green ammonia production facility in Rajkot district with an investment of INR 10,000 crore. Additionally, it has proposed the implementation of PM-KUSUM Component-C projects at multiple locations across Gujarat

China extends anti-dumping duties on solar-grade silicon from US, South Korea

The duties range from 53.3% to 57% for U.S. producers and from 2.4% to 48.7% for South Korean companies and will remain in force for a further five years.

Saatvik Green secures INR 13.80 crore solar module supply order

Saatvik Green Energy Ltd’s arm Saatvik Solar Industries has secured an order worth INR 13.80 crore from a private-sector power producer for the supply of solar PV modules. The order is scheduled to be executed by February 2026.

Solar module efficiency could exceed 35% by 2050

A new Perspectives research study on the future of the global PV supply chain outlines how module prices, performance, and lifetimes could evolve over the next 25 years. The work reflects a collaboration among leading solar research institutions worldwide. One of the study’s authors, the director of the Fraunhofer Institute for Solar Energy Systems (ISE), told pv magazine that solar module and cell efficiencies could exceed 35% by 2050, with panel prices expected to drop by a factor of two.

Why rare earth and advanced materials are critical to India’s next manufacturing leap

Every additional EV, wind turbine, transmission line, or storage system intensifies pressure on supply chains that are already concentrated and geopolitically sensitive. Competing solely on mining is neither sufficient nor sustainable.

Energy Storage

Featured

Elcogen expands into India and APAC to support industrial decarbonisation with advanced fuel cell technology

Elcogen, a European developer of solid oxide fuel cells and electrolysers, has announced its expansion into India and the wider Asia-Pacific region with the appointment of Anil Srikar Pavuluri as business development director for the region.

China switches on world’s first GWh-scale supercapacitor-energy storage project

The 500 MW/1 GWh Jiayuguan NingSheng project combines lithium batteries and supercapacitors to support grid stability and renewables integration.

L&T secures 3 GW pumped storage project from Torrent Power arm in Maharashtra

Larsen & Toubro (L&T) has secured an order from Torrent Energy Storage Solutions for the construction of the 3 GW Saidongar-1 open-loop pumped storage project (PSP) in Raigad, Maharashtra. The PSP will comprise ten units of 300 MW each.

Scatec secures PPA for Africa’s largest solar-plus-storage project

Scatec has inked a 25-year power purchase agreement in Egypt for a 1.95 GW solar, 3.9 GWh battery energy storage project, representing the developer’s largest investment to date.

Global solar enters period of adjustment, as market conditions redefine rules of competition

Global solar growth is flattening in major markets as oversupply from China and India drives prices down and shifts competition from sheer volume to execution, policy alignment, and system integration. Across the U.S., Europe, and China, energy storage is becoming essential for project viability, making PV-plus-storage and strong EPC partnerships the new basis for winning projects in 2026 and beyond.

Ola Electric enters residential battery storage market with launch of first product powered by indigenous 4680 Bharat Cells

Ola Electric has rolled out Ola Shakti, a residential battery energy storage system (BESS), from its gigafactory in the Krishnagiri district of Tamil Nadu. Powered by Ola Electric’s indigenous 4680 Bharat Cells, Ola Shakti is India’s first residential BESS to be fully designed, engineered, and manufactured domestically.

Opinion & Analysis

Featured

N-type wafer prices rise over 10% as silver-driven cell costs increase

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Clean-tech startups are quietly turning India’s air pollution crisis into a renewables opportunity

Startups are rewriting the narrative of India’s environmental challenge by building a bridge between air quality restoration and renewable energy expansion—a synergy that promises to fundamentally reshape how India confronts both crises simultaneously.

The role of domestic manufacturing in India’s power security

India’s power landscape is undergoing a structural inflection point where domestic manufacturing has shifted from a supporting function to a central pillar of national energy security.

India’s 2025 renewable energy sector review: Key highlights and way forward

With record 40+ GW solar and wind installations (solar: 34.9+ GW, wind: 5.8+GW), 2025 has marked yet another high point in Indian annual renewable capacity additions. The capacity additions have been driven by strong project momentum across all solar segments.

Bridging the gap between India’s rare earth reserves and extraction challenges

While India has research capabilities across public laboratories and academic institutions in both rare earths and battery recycling, the transition from lab-scale innovation to industrial deployment has been slow. This gap between research and commercial execution continues to limit scale across the critical minerals ecosystem.

India’s energy transition has shifted gears decisively

India is moving decisively beyond capacity addition toward system-level maturity. Expanded transmission planning, a more diversified energy mix and better regulatory clarity signal a market design that is becoming ever more dynamic and future ready.

Press Releases

Selsmart by Attero and Havells’ Lloyd Launch ‘Lloyd Eco Exchange Program’ to Enable Responsible Appliance Upgrades Across India

Consumers can now exchange old appliances and receive fair value while upgrading to new Lloyd products; program to run across Havells brand stores and expand nationwide

Energy Leaders Abunayyan Holding and Nextpower Complete Formation of Joint Venture, Nextpower Arabia

New Saudi manufacturing facility to produce advanced solar tracking systems for the Middle East and North Africa region  

Avaada Electro Earns Grade A Status in Wood Mackenzie’s H1 2025 Global Solar Module Rankings

Avaada Electro, the solar PV manufacturing arm of the Avaada Group, has been awarded the prestigious ‘Grade A’ classification in Wood Mackenzie’s H1 2025 Global Solar Module Manufacturer Rankings—a recognition reserved for manufacturers that meet the highest benchmarks of global best practices.

IESA to release ‘Vision 2047: India’s Roadmap for a Self-Reliant Battery Ecosystem’ White Paper at India Battery Manufacturing & Supply Chain Summit 2026

India’s leading industry body, India Energy Storage Alliance (IESA), will launch its landmark white paper, “Vision 2047: India’s Roadmap for a Self-Reliant Battery Ecosystem (Developing India’s Domestic Content Trajectory across the Battery Value Chain),” at the 5th India Battery Manufacturing & Supply Chain Summit (IBMSCS) 2026, to be held in Hyderabad from February 5th to 6th, 2025.

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