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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.
Energy Storage

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 ...
Markets & Policy

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 capaci...
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.

SunRIse Arabia 2026 Box

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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

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Highlights

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
Installations

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 techno...
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Highlights

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.
Highlights

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.
Energy Storage

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.

Markets & Policy

Featured

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.

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.

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.

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.

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.

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.

Installations

Featured

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.

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.

Cooling PV modules with seawater

A research team in India developed a passive solar-panel cooling method using a thin, still layer of seawater placed over the module surface. Tests showed that while a thick water layer sharply reduced energy output, a thin 5 mm layer lowered module temperatures and increased daily energy generation by up to 8.86%.

Vingroup commits $3 billion for its multi-sector ecosystem in Telangana

Vietnam’s Vingroup has committed an investment of $3 billion to develop a multi-sector ecosystem in the Indian state of Telangana, with a strong focus on electric mobility, renewable energy, and sustainable urban development.

Japan’s 26th solar auction concludes with average final price of $0.046/kWh

Japan has allocated 75.3 MW of PV capacity in its latest procurement exercise. The lowest price in the auction was JPY 4.97 ($0.032) /kWh.

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.

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 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.

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.

Renewable energy assets life-cycle management through tech-enabled maintenance strategies

Modern wind turbines and solar plants generate large volumes of operational data. By leveraging analytics, inefficiencies can be identified, performance assessed in real-time, and emerging issues addressed before they escalate. A dynamic operations and maintenance (O&M) support system builds on this intelligence to provide a strong grip on performance levels while minimising downtime.

Manufacturing

Featured

Waaree Energies achieves 1+ GW monthly output

Waaree Energies Ltd has become the first solar panel manufacturer in India to produce over 1 GW of solar modules in a single month. This record-breaking output was achieved in November 2025.

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).

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.

Insolation Energy reports progress on 4.5 GW solar cell facility in Madhya Pradesh

Insolation Energy (INA Solar) has advanced construction work on its upcoming 4.5 GW solar cell manufacturing plant and 18,000 metric tonnes per annum aluminium frame production facility in Narmadapuram, Madhya Pradesh. Major equipment orders for the manufacturing lines have already been placed.

‘Back contact will reach cost parity with TOPCon before end of decade’

During a pv magazine Week Europe 2025 webinar, panelists forecast back contact (BC) solar cells’ market share will draw level with TOPCon towards the end of the decade, before tandem technology begins large-scale momentum in the early 2030s.

Waaree Solar Americas secures 288 MWp module order from Sabanci Renewables

Waaree Solar Americas has secured 288 MWp module order from Sabanci Renewables for two utility-scale projects in Texas.

Energy Storage

Featured

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.

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. 

SMA launches new containerized medium-voltage substation for large-scale BESS and solar plants

SMA Solar Technology announces the commercialization in Europe of its new MVPS-9200 medium voltage station in a 12-meter containerized version for battery energy storage systems (BESS) and large-scale photovoltaic power plants.

Pace Digitek’s arm Lineage Power secures INR 997.10 million battery storage order from Advait Greenergy

Pace Digitek Ltd today announced that its subsidiary, Lineage Power, has secured a battery energy storage system (BESS) order worth INR 997.10 million (including taxes) from Advait Greenergy.

Chhattisgarh invites bids for 125 MW/500 MWh standalone battery storage project

NTPC Vidyut Vyapar Nigam Ltd (NVVN), a wholly owned subsidiary of NTPC Ltd, has invited bids to set up a 500 MWh (125 MW × 4 hours) standalone battery energy storage system (BESS) project, connected to the State Transmission Utility (STU), in the Indian state of Chhattisgarh.

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.

Opinion & Analysis

Featured

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.

Built to last or built to waste? How battery design shapes the future of recycling

Recyclability has to be considered a core engineering constraint by the battery industry. Adhesives and composites use could be reduced along with designing packs with cell visibility and enabling cell level separation should be a thing of the future. Standardization, which has been avoided for competitiveness for now, must be implemented since that will actually reduce costs across the value chain in the long term.

India’s decisive leap beyond gigawatts post-COP30

India’s renewable energy journey has long been narrated through the lens of capacity: gigawatts added, modules produced, plants commissioned. While these indicators are important, genuine leadership will arise from our ability to embed advanced materials, high-efficiency solar cell architectures like TOPCon, N-Type and rear-contact technologies, robotics-driven precision manufacturing, and AI-enabled predictive monitoring into our value chains.

N-type wafer prices extend four-week slide amid weak demand, rising inventory concerns

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.

Why battery storage is becoming non-negotiable for renewable-rich grids in India

As renewable capacity rises, the question is no longer whether India can generate green power. The real challenge is whether the grid can absorb it smoothly and deliver it reliably when people actually need it. This is where battery energy storage systems (BESS) are increasingly seen not as a luxury but as a core part of grid planning.

India adds ‘record’ 20.1 GW renewable energy capacity in 5M FY26: A paradigm shift and its impact

India’s energy story has moved beyond ambition to acceleration. Between April and August 2025, a 123 percent YoY jump in renewable energy capacity additions is not just a headline, it’s a signal of structural maturity, industrial resilience, and policy coherence. If the country sustains this trajectory through FY26 and FY27, it could well emerge as the world’s third-largest market for renewable deployment, behind only China and the United States.

Press Releases

Transition VC closes Fund I at ₹700 crore, nearly doubling the initial target of ₹400 crore

Oversubscribed fund demonstrates investors’ strong conviction in energy transition as India's next investment frontier

Pace Digitek Limited Credit Rating Upgraded by CRISIL; Lineage Power gets ‘CRISIL A-/Stable / CRISIL A2+ 

The upgrade for Pace Digitek and the assignment for Lineage Power reflect CRISIL’s view of the group’s improved credit profile, strong business position and healthy financial risk profile over the medium term. CRISIL has also taken into account the strategic and operational linkages between Pace Digitek and Lineage Power, and the expectation of continued managerial and financial support within the group.

Propel Industries Unveils India’s Largest Portfolio of Next-Gen Electric Tippers and Mobility Solutions at EXCON 2025

The Newly Launched EV Trucks comes with path-breaking battery warranty of up to 5,000 cycles or 5 years.

Oyster Green Hybrid Three & Kshema Power Announce 350 MW, 220 kV Transmission and Substation Development in Madhya Pradesh

Kshema Power to build 51-kilometre transmission line and 33 kV/220 kV AIS substation for Oyster’s project

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