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India’s energy storage market poised for breakout year: IESA

While 2025 was marked by an unprecedented 102 GWh of energy storage tenders, 2026 will see projects awarded since mid-2023 finally materialize into commissioned assets, in line with typical project timelines of 18–24 months.
Highlights

New process achieves 97% silver recovery from end-of-life solar panels

Australian researchers have developed a new separation technique that employs the same crushing and flotation principles used in mineral processing to recover more than 97% of silver from end-of-life solar panels.
Manufacturing

Delta Electronics India to supply 110 MW of power conditioning systems for Prostarm’s battery storage projects

Delta Electronics India will supply 100 units of its made-in-India 1.1 MW bi-directional power conditioning systems to Prostarm’s battery energy storage projects for power utilities, including Bihar State Power Generation Company Ltd and Adani Electric...
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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Installations

Bondada Engineering commissions 120.46 MWp of solar capacity

Bondada Engineering Ltd has commissioned 120.46 MWp of solar power capacity in December 2025 for clients including Paradigm IT, Maharashtra State Power Generation Co. Ltd (MAHAGENCO), and NLC India Ltd.
Highlights

NTPC REL invites bids for 250 MW solar project with 200 MWh battery storage in Uttar Pradesh

NTPC Renewable Energy Ltd has tendered the engineering, procurement and construction (EPC) package for the development of a 250 MW ground-mounted solar power project integrated with a 50 MW/200 MWh battery energy storage system (BESS) at Sitapur, Uttar P...
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Installations

UK study finds azimuthal trackers boost floating PV performance

A University of Exeter team has tested single-axis tracking systems for floating solar across 12 UK sites, finding azimuthal tracking delivers the largest energy gains and lowest levelized cost of energy (LCOE).
Highlights

Huawei, Sungrow lead Wood Mackenzie’s inverter market ranking

Wood Mackenzie’s first-half 2025 solar inverter ranking finds the top 10 leading inverter manufacturers have a 71% global market share.
Installations

Tata Power Renewables installs 1 GWp rooftop solar capacity in 9M FY2026

Tata Power Renewable Energy added more than 1 GWp rooftop solar capacity within the first nine months of FY26—a 125% YoY growth over 444.78 MWp installations achieved in the corresponding period of FY25.

Markets & Policy

Featured

Waaree Energy Storage Solutions raises INR 1,003 crore for 20 GWh lithium-ion cell and battery pack manufacturing facility

Waaree Energy Storage Solutions has raised INR 1,003 crore to support the development of a 20 GWh lithium-ion cell and battery pack manufacturing facility.

India introduces ‘Battery Aadhaar’ system to track EV batteries across lifecycle

India’s Ministry of Road Transport and Highways (MoRTH) has released draft guidelines for the implementation of a Battery Pack Aadhaar system—an indigenous digital identification and data storage mechanism designed to ensure end-to-end lifecycle traceability of batteries, particularly those used in electric vehicles (EVs).

Avaada Electro credit ratings reaffirmed by ICRA

ICRA has reaffirmed its credit ratings for Avaada Electro Ltd (AEL) and assigned ratings for enhanced borrowing limits, factoring in the company’s rapid scale-up in solar manufacturing and continued support from its parent, Avaada Ventures.

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.

Waaree Energies appoints Jignesh Rathod as CEO

Waaree Energies Ltd has appointed Jignesh Rathod as its Chief Executive Officer (CEO), following the recommendation of the Company’s Nomination and Remuneration Committee and approval by the Board of Directors.

Installations

Featured

Shakti Pumps wins INR 23.54-crore solar pump order in Haryana

Shakti Pumps (India) Ltd has received a work order from the Haryana Renewable Energy Department (HAREDA) for the supply and installation of 792 solar water pumping systems across the state under Component-B of the PM-KUSUM scheme.

UK research calls for robust approach to rooftop solar fire safety

Research commissioned by the UK government finds rooftop solar panels can significantly influence fire behavior, particularly when the height gap between modules and the roof surface falls below critical limits.

KLK Ventures secures order for 1,000 solar pumps in Maharashtra

KLK Ventures has secured an order for the deployment of 1,000 solar water pumping systems across Maharashtra under the Government of India’s PM KUSUM Yojana.

Adani Green Energy commissions 307.4 MW renewable projects at Khavda

The newly commissioned capacity comprises 100 MW of solar power, 176 MW of hybrid RE capacity, and 31.4 MW of wind power.

Taiwan on track to deploy 31.2 GW of solar by 2035

UK-based GlobalData says Taiwan is on course to more than double its current solar capacity by the end of 2035.

Mahindra Susten commissions 560 MWp of solar projects in 2025

Mahindra Susten has commissioned 560 MWp of utility-scale solar capacity in calendar year 2025 across two projects—280 MWp in Gujarat and 280 MWp in Rajasthan.

Technology

Featured

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.

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 development in India.

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.

Manufacturing

Featured

Battery technology outlook for 2026 sharpens beyond lithium-ion

Longer-duration storage, safety-driven procurement and Foreign Entity of Concern (FEOC) compliance in the United States are accelerating interest in alternative battery chemistries, even as lithium-ion remains dominant amid rising data center demand and tighter supply chain rules.

JA Solar, Trina Solar tie for top spot in Wood Mackenzie ranking

Wood Mackenzie’s first-half 2025 solar module ranking places JA Solar and Trina Solar jointly at No. 1 and introduces a new “Grade A” benchmark aimed at procurement and project finance decisions.

Insolation Energy reports INR 1,346.81-crore sales in nine months, records highest-ever monthly revenue

Insolation Energy Ltd (INA Solar) reported consolidated provisional sales of INR 1,346.81 crore for the nine months ended Dec. 31, 2025, surpassing its total sales for the entire previous financial year. The company also recorded its highest-ever monthly sales of INR 354.59 crore in Dec. 2025.

Waaree Energies bags 1.5 GW solar module order; begins production from 3.05 GW PV inverter lines

Waaree Energies Ltd has secured a major order for the supply of 1.5 GW of solar modules and commenced production from its newly installed PV inverter manufacturing lines.

China wafer leaders lift quotes as 2026 module prices may hit CNY 1/W

China’s top wafer makers raised prices on key n-type formats, signaling potential module price rises toward CNY 1 ($0.14)/W in 2026 amid efforts to curb loss-making competition.

Premier Energies secures solar cell, module orders worth INR 2,307.30 crore in Q3 FY26

Premier Energies Ltd, a Hyderabad-based solar cell and module manufacturer and EPC services provider, today announced that it has secured new orders aggregating to INR 2,307.30 crore during Q3 FY26.

Energy Storage

Featured

Bondada Engineering secures 225 MW/450 MWh standalone battery storage project from AP TRANSCO

Bondada Engineering Ltd has received a Letter of Award (LoA) from the Transmission Corp. of Andhra Pradesh Ltd (AP TRANSCO) for the development of a 225 MW/450 MWh standalone battery energy storage system (BESS) project.

Pace Digitek’s Lineage Power secures INR 943.5 million lithium battery contract from BSNL

Lineage Power will supply and deploy 25,000 advanced lithium-ion battery modules with a capacity of 100 Ah/48V, along with 2,500 high-durability IP55-rated racks. Each rack will be designed to house eight battery modules. These systems are intended to deliver high-efficiency energy storage to support BSNL’s telecom network infrastructure.

India mandates 20% domestic content in battery storage projects

The Indian Ministry of Power has ordered all battery energy storage system (BESS) projects supported under the viability gap funding (VGF) scheme to meet a minimum 20% local content threshold, aiming to boost domestic manufacturing and innovation.

Hindustan Power expands RE portfolio with nearly 1 GW solar, 750+ MWh storage wins in 2025

Hindustan Power secured nearly 1 GW of solar capacity and over 750 MWh of energy storage projects in 2025, significantly strengthening its renewable energy portfolio as it targets 5 GW capacity by 2028.

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.

Massachusetts awards 1.3 GW in first large-scale energy storage tender

The US state of Massachusetts has selected four battery projects totaling 1.3 GW under its first major procurement round to meet a statutory target of 5 GW of energy storage by 2030.

Opinion & Analysis

Featured

Global solar generation topped 540 GW in April, says Solcast

In a new weekly update for pv magazine, Solcast, a DNV company, reports that the global peak of solar output in 2025 occurred on April 29, at 06:00 UTC, estimated at 539 GW.

Top 5 trends shaping India’s battery energy storage systems market in 2025 

India’s battery storage landscape is undergoing a decisive transformation in 2025. Across utilities, regulators, and developers, BESS has moved beyond early-stage exploration and is increasingly recognized as an essential component for grid stability, renewable integration, and long-term energy planning.

Why Tier-2 and Tier-3 cities will drive India’s next big solar jump

Tier-2 and Tier-3 cities are no longer behind in the solar journey, they are becoming the main growth drivers. With better government support, easier net-metering rules, and more awareness about savings, people in smaller cities are now ready for rooftop solar in a big way.

Too much to choose from, too little to decide

Market pressure in the solar and storage sectors often favors low-cost solutions, but long-term success depends on balancing price, quality, and reliability for assets designed to operate for decades. Numerous examples, from low-grade silicon modules to residential hydrogen and redox flow storage, show how technically ambitious products can fail when costs, complexity, or durability are misjudged.

Revival of Nature-based Solutions (NbS) in 2025

The IUCN’s updated Global Standard, growing debate on finance, and stronger emphasis on rights and monitoring mark a transition from hopeful experimentation to disciplined scaling. If the next year invests in credibility and the scaffolding that turns pilots into pipelines, Nature-based Solutions could finally become a practical pillar of climate, biodiversity and development strategies worldwide.

China TOPCon cell prices dip despite looming cost pressures

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.

Press Releases

BC Jindal Group’s Jindal (India) Limited Launches Its ‘Made-in-India’ Digital Loyalty Program, JLP SHAKTI, in Collaboration With Zoho

eveloped and managed by Zoho, the company’s innovative loyalty program aims to strengthen its relationship with leading retailers, fabricators, and other trade partners across India.

Sharika Enterprises Strengthens Its Long-Standing Association with NTPC Through Integrated Solar Infrastructure Initiatives

Initiatives focus on advanced solar street lighting deployment and sustainable infrastructure development at NTPC Talcher

Servotech Renewable expands into E-3W Industry with its 3 Wheeler Lithium-ion Battery & Charger

Servotech Renewable Power System Ltd. (NSE: SERVOTECH), India’s leading player in the renewable energy ecosystem, announced its entry into the rapidly growing electric three-wheeler segment, marking a significant expansion of its clean mobility portfolio.

Vayona Energy appoints Pritesh Vinay as Chief Executive Officer

Vayona Energy, India and South Asia’s leading wind turbine original equipment manufacturer (OEM), today announced the appointment of Pritesh Vinay as Chief Executive Officer, effective January 5, 2026.  The appointment marks a defining milestone in Vayona Energy’s evolution as an independent platform following the acquisition of Siemens Gamesa’s onshore wind business in India and Sri Lanka.

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