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“India’s renewable energy market is entering a transformative phase”: ENGIE India’s Shantanu Upasani

Hybrid and storage integration, rising corporate demand, and increased use of digital tools are defining the next phase of India’s renewable energy market. Developers that combine execution excellence with storage innovation, digital intelligence, and corporate partnerships will set the pace of growth, says Shantanu Upasani, Director – Construction, ENGIE India.
Highlights

ACME Solar secures PPA with Tata Power-D for 50 MW FDRE project

ACME Solar Holdings Ltd has secured a 25-year Power Purchase Agreement (PPA) with the Tata Power Co. Ltd (Tata Power-D) for its 50 MW Firm and Dispatchable Renewable Energy (FDRE) project.
Installations

Low-cost, inverter-based dust monitoring method for rooftop solar

Researchers in China have developed a dust monitoring technique that relies solely on the existing hardware resources of inverters, without requiring extra sensors or meteorological data. Tests on real rooftop PV arrays demonstrated an accuracy exceeding...
Announcements

Out now - pv magazine Global October Edition

The new pv magazine Global edition is out now!

pv magazine Global October 2025

Available in print and digital – get your copy today!

pv magazine USA Week 2025

pv magazine USA Week returns on October 28–30 with expert-led discussions on capital, supply chains, and distributed energy — all shaped by the landmark One Big Beautiful Bill Act.

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Steel foundations: from corrosion to confidence

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Simplifying BESS operations: Turning fragmented data into actionable insights

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Making EL imaging accessible with drone automation and new inverter features

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Aumento de generación en plantas fotovoltaicas. El caso de éxito de Extremadura I-II-III

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Climate Change

“Placing Scope 3 emissions at the center of a corporate net-zero strategy ensures true lifecycle accountability”: GNFZ CEO

Mahesh Ramanujam, CEO of the Global Network for Zero (GNFZ), discusses why Scope 3 emissions must be at the core of any corporate net-zero strategy. He also explores the evolving global and Indian regulatory landscapes, the role of independent certificat...
Installations

Vikram Solar posts 1,636.5% YoY growth in Q2 profit

Vikram Solar has posted a consolidated revenue of INR 1,109.9 crore for Q2FY26, up 93.7% year-on-year (YoY). PAT for the quarter rose 1,636.5% YoY to INR 128.5 crore with a PAT margin of 11.58%.
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Installations

Waaree Energies reports best-ever quarterly performance

Waaree Energies Ltd has reported a total income of INR 6,226.54 crore for Q2 FY2026, marking a stellar 69.96% year-on-year (YoY) growth. Net profit (profit after tax) for the quarter surged by 133.78% YoY to INR 878.21 crore.
Energy Storage

Anker Solix unveils C2000 Gen 2 portable power station with 2 kWh

Anker Solix has introduced the 2 kWh C2000 Gen 2 portable power station, featuring faster dual-input charging, lithium iron phosphate batteries, and an idle power draw below 10 W.
Highlights

Jakson Green, Blueleaf Energy reach financial close on 840 MWp of Rajasthan solar projects

Jakson Green and Blueleaf Energy have achieved financial close on 840 MWp of jointly owned solar projects in Bikaner, Rajasthan. These projects form part of their larger 1 GWp Rajasthan solar portfolio.

Markets & Policy

Featured

“Standalone battery storage is a strategic differentiator for us,” says Sunsure’s Kartikeya Sharma

Sunsure Energy, founded in 2014, has evolved from a solar developer into a clean energy solutions provider delivering integrated power solutions across solar, wind, and battery storage. Kartikeya Sharma, co-founder and chief business officer at Sunsure, speaks to pv magazine on the key trends reshaping India’s renewable energy landscape, the rising role of battery storage, and Sunsure’s plans for the market.

ReNew Energy Global receives $8.15 per share buyout offer from Masdar-led consortium

ReNew Energy Global Plc has announced that it has received a best and final non-binding buyout proposal from Masdar, CPP Investments, the Abu Dhabi Investment Authority, and Sumant Sinha. The offer of $8.15 per share represents an increase of $1.08 per share, or 15.3%, from the initial non-binding proposal dated December 10, 2024.

Will China’s export curbs on lithium battery materials and technologies reshape global supply chain?

Industry players speak to pv magazine about whether China’s decision to tighten export controls on key minerals and technologies for lithium batteries will cause a short-term disruption or lead to a long-term strategic realignment of the global supply chain.

New standard for U.S. Customs solar supply chain compliance

To help importers vet compliance with the Uyghur Forced Labor Prevention Act and other supply chain traceability requirements, the Solar Energy Industries Association released the Standard 101, which was recently approved by the American National Standards Institute.

PMSGY accelerates residential rooftop solar, yet supply and financing hurdles remain

Despite a nearly fourfold increase in applications between March 2024 and July 2025, only 13.1% of the target of one crore (10 million) residential rooftop solar installations had been achieved, and just 14.1% of the allocated INR 65,700 crore ($7.5 billion) in subsidies released under the PM Surya Ghar: Muft Bijli Yojana as of July 2025. Given this context, achieving the FY2027 target of 30 GW capacity remains a considerable challenge, according to a new report by IEEFA and JMK Research.

Hinduja Renewables appoints Deepak Thakur as managing director and CEO

Hinduja Renewables Energy Pvt Ltd (HREPL), part of Hinduja Group, has appointed Deepak Thakur as managing director and chief executive officer, effective from October 1, 2025.

Installations

Featured

India breaks INR 3/kWh barrier for solar + 4-hour energy storage with SECI’s 2 GW tender

Solar Energy Corp. of India Ltd’s (SECI) tender for 2 GW of solar PV projects coupled with a 1 GW/4 GWh energy storage system has yielded a lowest tariff of INR 2.86/kWh. The auction saw participation from several new entrants in the sector, with Shivalaya Construction Ltd securing the largest slice of 600 MW.

Solis unveils 75–125 kW hybdrid inverter for C&I solar

The Chinese manufacturer said its new inverters can deliver 160% overload for 200 ms in off-grid mode, ensuring stable startup of heavy loads. The IP66-rated products feature a maximum efficiency of 97.6% and a European efficiency of 97.2%.

Adani Green switches on 50 MW solar at Khavda

With the commissioning of the 50 MW plant at Khavda, Adani Green Energy Ltd’s total operational renewable energy capacity has increased to 16,729.80 MW.

BluPine Energy secures 150 MW project in SJVN’s FDRE auction

BluPine Energy will develop a renewable energy project coupled with energy storage system to supply firm renewable power during peak hours daily under a 25-year power purchase agreement.

Vertical floating PV plant comes online in Germany

Sinn Power has deployed a 1.8 MW vertical solar array on a quarry lake in the Bavarian municipality of Gilching. The company highlights the ecological benefits of the vertical system configuration and, perhaps surprisingly, its high resistance to storms.

ArcelorMittal starts BIPV module production in France

ArcelorMittal has started producing its Helioroof building-integrated PV modules in France. The steelmaker says the system aims to simplify energy retrofits for commercial and industrial roofs.

Technology

Featured

ENGIE launches startup program for innovation in renewable energy solutions in India

ENGIE has launched a program to collaborate with enterprise-ready startups in addressing operational and technological challenges across India’s renewable energy sector.

KAUST explores polymer alternatives to glass for solar panel covers

Researchers at King Abdullah University of Science and Technology (KAUST) have published a review that looks at polycarbonate sheets as an alternative to solar cover glass. Their findings indicate that this new materials have a combination of low weight, mechanical strength, optical transparency, and thermal resistance that is worthy of further investigation.

Toshiba to deploy AI-driven monitoring system at 165 power plants in India

Toshiba JSW Power Systems has secured a contract with NTPC Ltd—India’s state-owned power generation company—to provide a centralized monitoring system for 165 thermal and renewable energy power plants.

IEA says cost of capital for solar remains high in Southeast Asia

The International Energy Agency (IEA) says the cost of capital for solar remains higher in Southeast Asian countries than it does in other emerging and developing economies.

Cooling PV panels with stagnant water layer

Researchers have developed a stagnant water layer cooling concept and tested it using seawater, tap water, and desalinated water. The panel temperature decreased by up to 8.2 °C, while power output increased by approximately 28%.

Japan launches R&D call for tandem perovskite solar cell mass production

Japan’s New Energy and Industrial Technology Development Organization (NEDO) is accepting proposals for a six-year R&D program to advance large-scale manufacturing technologies and field testing of next-generation tandem perovskite solar cells.

Manufacturing

Featured

TACC Ltd secures INR 1,230 crore SBI credit facility for lithium-ion battery grade graphite anode facility

TACC will use the INR 1,230 crore credit facility secured from the State Bank of India to fund its lithium-ion battery grade graphite anode facility with a capacity of 20,000 mtpa in Dewas, Madhya Pradesh.

Copper demand to rise 24% by 2035, says Wood Mackenzie

Demand for copper, often considered as one of the most valuable alternatives to silver in solar manufacturing, is expected to increase by almost a quarter globally by the middle of next decade. Wood Mackenzie says the energy transition is one of four ‘disruptors’ that could cause demand to increase further.

Saatvik Green Energy receives orders worth INR 689.47 crore for supply of solar PV modules

Saatvik Green Energy announced today that it has received orders for the supply of high-efficiency solar PV modules worth INR 689.47 crore. The orders have been placed by multiple private-sector power producers and EPC installers across India.

Gautam Solar receives ALMM and BIS approval for 640 Wp TOPCon PV modules

Gautam Solar has announced that its 640 Wp R-Series TOPCon solar modules have received approvals from both the Approved List of Models and Manufacturers (ALMM) and the Bureau of Indian Standards (BIS).

Can India cope with the growing tide of battery waste?

The world is projected to retire over 11 million tonnes of lithium-ion batteries each year by 2030. India may contribute nearly 2 million tonnes by 2030, not only due to electric vehicles, but also because of an exponential level of consumption of consumer electronics and stationary storage.

OCI Holdings acquires 65% stake in 2.7 GW Vietnamese solar wafer factory

South Korea’s OCI Holdings is entering the solar wafer business with a majority stake in a wafer plant in Vietnam valued at $120 million. The facility will produce solar wafers for the U.S. market.

Energy Storage

Featured

BC Jindal Group secures INR 6,500-crore renewable energy projects in FY 2026

The BC Jindal Group, a diversified business conglomerates with over INR 18,000 crore turnover, has reached a renewable energy order book of INR 6,500 crore so far in FY26, with more projects in the pipeline.

ACME Group, Vietnam’s Stavian Industrial Metal sign long-term supply deal for green HBI and DRI

ACME Group and Vietnam’s Stavian Industrial Metal have executed a binding term sheet for long-term sale and purchase of 0.8 MTPA of green HBI (Hot Briquetted Iron) and DRI (Direct Reduced Iron)—two critical raw materials used in steelmaking—for a period of ten years.

China imposes new export controls on lithium ion battery tech

The Chinese government has introduced new export controls on key dual-use items, citing national security concerns. The move opened a new chapter in the ongoing trade confrontations with the US.

The Hydrogen Stream: TKIL Industries brings hydrogen-ready CHP solutions to India in partnership with Germany’s 2G Energy International

TKIL Industries (formerly thyssenkrupp Industries India) has entered into a strategic partnership with German company 2G Energy International to introduce combined heat and power (CHP) plant and gas engine solutions in India.

‘Grid in a box’ combines storage and solar PV modules for a microgrid in a 20 ft. container

Paired Power’s modular microgrid targets is assembly-free remote industrial and agricultural applications and rural electrification for Indigenous communities.

Kerala launches 500 MWh battery storage tender

NTPC Vidyut Vyapar Nigam Ltd (NVVN), appointed as the authorised representative by Kerala State Electricity Board Ltd (KSEBL), has invited bids for the development of 500 MWh (250 MW x 2 hours) of standalone battery energy storage systems (BESS) in Kerala for on-demand usage by KSEBL.

Opinion & Analysis

Featured

COP30: What’s at stake for carbon markets

Carbon markets operate on trust: stakeholders must believe that the emission reductions credited are real, measurable, and permanent. Inconsistent methodologies, poorly monitored projects, and a lack of transparency have undermined confidence in certain markets. As discussions advance at COP30 in Belém, establishing universally accepted standards and accountability frameworks will be essential.

Market eyes Indian buying surge ahead of anti-dumping duty on Chinese solar cells

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.

EV battery safety risks and manufacturing challenges

As most imported battery cells are not designed for India’s conditions, localization of battery design and strict adherence to AIS-156 and BIS safety standards is absolutely critical.

Solar power during monsoons: Busting the myth

Solar panels typically experience only a 10-20% reduction in output during monsoons, not a complete shutdown. The reason is simple: modern panels efficiently capture diffused light, converting scattered sunlight even on cloudy days.

China wafer prices end four-week rally amid stable polysilicon, cooling demand

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.

AI for climate action: Can technology save us from the crisis?

A modern grid must balance growing demand from new sources like electric vehicles (EVs) with the intermittent supply from renewable sources like solar and wind power. AI-powered smart grids use sophisticated algorithms to forecast power demand and match it with fluctuating renewable generation in real time.

Press Releases

Navitas Solar x Puneri Paltan Meet & Greet Celebrates Brand’s Mission of Empowering Bharat through Sustainable Energy

Navitas Solar shared insights on how partnerships like this reflect the company’s commitment to building a more sustainable & energy-independent Bharat.  

Avaada Group Powers Team India for Pickleball World Cup 2025

The Indian Pickleball Association (IPA) today announced that Team India’s campaign at the prestigious Pickleball World Cup 2025 in Florida, USA, starting October 27, 2025, will be powered by Avaada Group.

Wirepas launches Wirepas Certified platform in India – the first AMI connectivity platform where you only pay for meters that connect and perform

Wirepas, the leader in ultra-resilient, large-scale mesh connectivity, today announced the launch of Wirepas Certified platform, a breakthrough business model for India’s massive smart metering rollout. For the first time in industry, utilities and AMI solution providers get a performance guarantee: if a meter doesn’t connect or meet the requirements, the service is free.

Adani and Google Partner to Build India’s Largest Data Centre Campus in Visakhapatnam

Partnership includes next-generation data centre campus development and green energy infrastructure to power India’s AI-driven future

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