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New report charts path to securing raw material supply chains for India’s EV growth

A new report by KPMG outlines strategies to enhance resilience and competitiveness in India’s electric vehicle (EV) ecosystem amid sharply rising demand for critical raw materials such as lithium, nickel, cobalt, and rare earth elements.
Highlights

Onix Solar secures INR 148.80 crore non-DCR module order from Vikran Engineering

Onix Solar will design, manufacture, and supply 193,550 non-DCR TOPCon 620 Wp solar modules for the Vikran project.
Energy Storage

India sees dramatic plunge in battery storage costs, Ministry reports

Market trends suggest battery energy storage systems (BESS) will likely operate 1.5 cycles per day, bringing the effective storage cost down to just INR 2.8/kWh (0.031/kWh), the Ministry said on Monday.
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

Register now

Out now - pv magazine Global Winter Edition

The new pv magazine Global edition is out now!

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pv magazine Global Winter Edition 2025

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Media Kit 2025

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Highlights

Jakson to set up high-tech solar PV module recycling line in partnership with Europe’s Ecoprogetti

Jakson Engineers Ltd will set up a high-tech solar PV module recycling plant capable of recycling around 5,00,000 PV modules, or approximately 13,500 tonnes of modules per year, recovering critical materials and enabling responsible end-of-life solar man...
Installations

Kosol Energie to install 4 MW solar plant for Mafatlal’s Nadiad manufacturing facility

Kosol Energie has announced a collaboration with Mafatlal Industries Ltd (MIL) for the installation of a 4 MWp (DC) ground-mounted solar photovoltaic (PV) power plant at its Nadiad unit for captive consumption.
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Technology

Solex Energy partners with Malaysia’s TT Vision on solar manufacturing automation and talent development

Solex Energy Ltd has signed a non-binding Memorandum of Understanding (MoU) with Malaysia-based automation technology company TT Vision Holdings Berhad to collaborate on advancing solar manufacturing automation, engineering excellence, and talent develop...
Highlights

Canada opens review into anti-dumping duties on Chinese PV modules, laminates

Canada’s International Trade Tribunal is running an interim review of the country’s anti-dumping and countervailing duties on solar modules and laminates from China, following a request to exclude flexible solar panels that affix to curved surfaces.
Energy Storage

The Hydrogen Stream: Europe forecasts €240 billion for hydrogen grids to 2040

The European Commission says its new grids package includes €240 billion ($281.8 billion) for hydrogen networks to 2040, alongside fresh Italian State aid for clean tech deployment.

Markets & Policy

Featured

China module market watches 2026 export rebate signals as polysilicon consolidation platform company is registered

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.

Solar surge in Northern India as Cyclone Ditwah cuts irradiance in the south and Sri Lanka

In a new weekly update for pv magazine, Solcast, a DNV company, reports that November brought above-average solar conditions in northern India and Pakistan, while southeastern India and Sri Lanka faced reduced solar output due to Cyclone Ditwah’s storms and heavy cloud cover. Despite southern disruptions, India’s renewable energy share rose, driven by strong solar generation in the north and overall growth in renewable capacity.

MIT-WPU researchers develop safer liquid hydrogen transport system

Researchers at India’s MIT World Peace University (MIT-WPU) have developed a Liquid Organic Hydrogen Carrier (LOHC) system capable of transporting hydrogen in a stable liquid form that is non-flammable, non-explosive, and manageable at normal temperatures and pressures. This breakthrough removes one of the biggest barriers slowing the widespread adoption of hydrogen in India.

Solar PLI scheme drives strong industry interest but faces implementation challenges

As of June 2025, the overall achievement (operational capacity) rate of the solar PLI scheme stood at approximately 29% of the total awarded capacity. Capacity additions remain below targets, with only 59% of module capacity and 14% of polysilicon capacity achieved as of June 2025.

Smart Joules raises $10 million in Series B funding from Neev II Fund, Waaree Renewable Technologies, and Spectrum Impact

Smart Joules will use the proceeds to expand its energy-efficiency and cooling operations into newer sectors and larger-scale projects, including manufacturing, building automation, and district cooling, while further strengthening the company’s technology, analytics, and on-ground execution capabilities.

BlackRock to invest INR 3,000 crore for minority stake in Aditya Birla Renewables

Global Infrastructure Partners (GIP), part of BlackRock, is set to invest INR 3,000 crore for a minority stake in Aditya Birla Renewables, a commercial and industrial (C&I)-focused renewable energy platform under the Aditya Birla Group, with a pan-India portfolio of 4.3 GW.

Installations

Featured

Renewables’ share in Indian textile industry’s total power consumption rises

The average share of renewable energy in the Indian textile industry’s total energy consumption increased from about 14% in FY2023 to nearly 18% in FY2025, according to a new report from ICRA ESG Ratings Ltd.

Naxion Energy launches India’s first sodium-ion energy storage systems

Naxion Energy (formerly Sodion Energy) has introduced its sodium-ion–based energy storage systems for the residential and commercial & industrial sectors. The storage systems are available in 3.5 kW, 5 kW, and 10 kW models, and the batteries can be expanded to double the system’s storage capacity.

Brazil to add 11.4 GW of solar in 2025 despite regulatory hurdles

Brazilian photovoltaic association ABSolar says solar capacity additions may fall 24% to 10.6 GW in 2026 from 15 GW in 2024, with regulatory barriers, high capital costs, and restricted self‑generation access slowing investment and reducing jobs.

Oswal Pumps wins INR 380 crore order for 13,738 off-grid solar water pumps in Maharashtra

Oswal Pumps has received a Letter of Award from the Maharashtra State Electricity Distribution Co. Ltd (MSEDCL) for the supply and installation of 13,738 off-grid DC solar PV water pumping systems under the PM-KUSUM Scheme

Trontek enters residential energy storage market with 1.4 kWh and 2.7 kWh lithium battery systems

Trontek has entered the residential energy storage market with the launch of Powercube 1.4 kWh and Powercube 2.7 kWh lithium-ion battery storage systems that support both solar and grid charging.

The skills gap, not capital, is India’s real green energy bottleneck

The renewable energy sector creates significant employment density—approximately 10 times more workers per MW in solar and 3–4 times more in wind than in conventional power plants. This employment multiplication should be our competitive advantage. However, the skills gap is creating economic inefficiencies that compound across the sector.

Technology

Featured

From waste to wealth: Circular strategies driving a sustainable India

The promise of India’s circular economy lies in its ability to turn environmental challenges into engines of growth. Achieving it will take investment, innovation, and clear ways to measure progress.

Keeping the smart grid cyber secure

As smart grid tech is rolled out around the world to modernize legacy assets and integrate renewable energy generation, it is also making the electricity network more prone to cyber attacks. IEC Standards provide protection but they also are challenged to keep up with the latest threats.

Avaada Group partners with GRIDCO, IIT-Bhubaneswar to set up green hydrogen Centre of Excellence in Odisha

Avaada Group has signed a Memorandum of Understanding (MoU) with GRIDCO and IIT-Bhubaneswar to establish a state-of-the-art Centre of Excellence (CoE) in Odisha focused on integrated research, innovation, and technology development in green hydrogen.

India’s green hydrogen future needs demand to keep pace with ambition

If India solves demand creation intelligently, it can become a global price-setter, not just another participant in the hydrogen economy.

India must fast-track green hydrogen based steelmaking amid metallurgical coal supply risks: IEEFA

Indian steelmakers have begun adopting green hydrogen, but this option should become an even greater priority for the country as metallurgical coal supply risks intensify.

Fraunhofer ISE achieves 30.6% efficiency for perovskite-silicon tandem based on industry-standard bottom TOPCon cell

Researchers at Fraunhofer ISE have developed a perovskite-silicon tandem solar cell using a TOPCon bottom cell with standard textured front surfaces. Their results show that TOPCon bottom cells can perform comparably to heterojunction cells in tandem devices in terms of shunt resistivity, supporting scalable, cost-effective industrial production.

Manufacturing

Featured

Waaree Energies hits 22.3 GW global solar module capacity

Waaree Energies has achieved an aggregate solar module manufacturing capacity of around 22.3 GW globally, comprising 19.7 GW in India and 2.6 GW in the United States, following a recent 1.5 GW expansion at its Samakhiali facility in Kutch, Gujarat.

Trina Solar to invest in Holosolis PV gigafactory in France

Trina Solar and Holosolis signed a strategic cooperation agreement at the recent France–China summit, consolidating the Chinese manufacturer’s role as a key partner in a plan to manufacture 5 GW of solar cells and panels a year.

Batteries now cheap enough to make dispatchable solar economically feasible

A new analysis from energy think tank Ember shows that the cost of storing electricity with utility-scale batteries has fallen to just $65/MWh as of October 2025 outside China and the US, making it economically feasible to deliver solar power when it is needed.

Sunwafe secures land for 20 GW silicon wafer plant in Spain

Sunwafe says it has formally applied to reserve land in Asturias, Spain, for a 20 GW silicon wafer and ingot factory backed by Chinese capital, EIT InnoEnergy, and a €200 million ($232.6 million) Spanish government grant.

DMEGC launches framed solar module weighing 7.5 kg/m2

In response to the growing demand for solutions for low load-bearing roofs, Chinese manufacturer DMEGC is presenting an IEC-certified lightweight 460 W module at France’s largest PV trade show – EnerGaïa.

Agratas advances construction at its Sanand battery facility

Agratas, the global battery business of the Tata Group, is rapidly advancing the construction work for its battery manufacturing facility in Sanand, Gujarat. This facility will have a planned annual capacity of 20 GWh in its first phase.

Energy Storage

Featured

THDC commissions Unit-3 of 1 GW pumped storage project in Tehri

THDC India Ltd., a subsidiary of NTPC Ltd., has commissioned Unit-3 (250 MW) of its 1 GW (4×250 MW) variable-speed pumped storage hydropower project in Uttarakhand.

MaxVolt Energy triples lithium battery pack output with new 55,000 sq. ft. plant in Duhai

MaxVolt Energy is set to triple its lithium battery pack production capacity from 72,000 units per annum to 2.25 lakh units annually with the addition of a new 55,000 sq. ft. facility in Duhai, Ghaziabad.

Global lithium-ion battery pack prices fall to $108/kWh, says BNEF

Battery pack prices for stationary storage fell to $70/kWh in 2025, a 45% drop from 2024, making it the cheapest lithium-ion category for the first time, according to BloombergNEF (BNEF).

Toshiba ESS tests hybrid wind-solar project with storage in Saudi Arabia

Toshiba Energy Systems & Solutions Corp. (Toshiba ESS) has started testing batteries and energy management solutions to stabilize electricity in remote Saudi Arabia through a hybrid wind-solar pilot project. The project will run until May 2028 to evaluate power- and energy-oriented batteries and optimize battery use.

Firm and dispatchable renewables emerge as an increasingly competitive source of reliable power, study shows

A new report reveals that solar, wind, and battery storage are increasingly cost competitive with new thermal as a source of 24/7 reliable power, offering a promising pathway that supports both India’s energy security and the country’s net-zero goals.

World’s first high-power aluminum-ion battery system for energy storage

For the first time, a complete aluminum-graphite-dual-ion battery system has been built and tested, showing that lithium-free, high-power batteries can deliver stability, fast response, and recyclability for next-generation grid applications.

Opinion & Analysis

Featured

The sustainability advantage: Why HJT’s low-temperature manufacturing process matters?

As adoption accelerates, the critical question is no longer simply how much solar capacity can be installed, but how clean and sustainable the manufacturing process behind it truly is. Heterojunction Technology (HJT) has become one of the most compelling answers to that challenge.

What Delhi’s pollution crisis means for renewable adoption.

India’s renewable capacity target represents necessary but sufficient progress toward climate stabilization. Delhi’s pollution demonstrates that energy supply-side transformation alone cannot deliver intended outcomes. Transport emissions, industrial activity, and residential heating must undergo equal transformation.

OPIS Global Polysilicon Marker holds firm as trade barriers continue driving fragmentation

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.

Integrating solar and storage for industrial users: Lessons from early projects in Gujarat 

Gujarat’s leadership in renewable deployment is now extending into the field of solar plus storage, with direct implications for industrial power users. Large grid connected projects in Kutch, storage additions at hybrid sites, and new battery initiatives aimed at supplying industries with on-demand renewable energy are all early examples of how solar and storage can work together in practice. 

Strengthening India’s energy security through alternative fuels and hydrogen

India’s energy transition is not about a single breakthrough but about steady steps across multiple fronts. Ethanol has shown how supportive policy and the right technologies can deliver both farmer security and fuel stability. BioCNG can turn waste into a resource, helping both cities and villages. Hydrogen, though still in its early stages, is slowly laying the foundations of a long-term clean energy system.

Are solar PV developers in India prepared for increasingly severe monsoons?

India witnessed above-average precipitation and prolonged cloud cover through July and August, limiting the potential of PV generation across many states. Several regions, including Punjab, Haryana, and the Himalayan foothills, were hit hardest by flooding and thunderstorms. The increase in atmospheric moisture and aerosol scattering led to reduced Global Horizontal Irradiation (GHI) and reduced energy output.

Press Releases

Apraava Energy’s AI-ML solution recognised by Ministry of Power for advancing India’s power distribution sector

Apraava Energy team receives national recognition from the Ministry of Power for its AI-ML solution at the National Conference on the Use of AI and ML in the Power Distribution Sector, presented by Hon’ble Union Minister Shri Manohar Lal Khattar.

India-Sweden Sustainability Day 2025 Doubles Down on Collaborative Endeavours for Industry 4.0 and a Net-Zero Future

The third edition of the India-Sweden Sustainability Day, hosted by Business Sweden in association with the Consulate General of Sweden and Embassy of Sweden reaffirmed the shared commitment of both nations to accelerate industrial decarbonization and build a resilient, green future.

Toyota Kirloskar Motor exchanged MoU with the NISE

Toyota Kirloskar Motor (TKM) today exchanged the Memorandum of Understanding with the National Institute of Solar Energy (NISE), under the Ministry of New and Renewable Energy (MNRE), at the MNRE headquarters in New Delhi, marking a significant boost to India’s National Green Hydrogen Mission and long-term carbon-neutrality ambitions.

K2 Infragen Ltd backs 2 MW Solar Plant in Haryana

K2 Infragen Ltd is pleased to announce the development of 2 MW solar plant in Haryana through its associate company M/s Animaus Energy Pvt Ltd. K2 Infragen Ltd recently acquired 49% stake in Animaus Energy which has already executed Power Purchase Agreement with Haryana Power Purchase Centre at a Tariff of Rs 2.

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