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.

Chinese manufacturers such as JinkoSolar and DMEGC Solar have launched low-carbon PV modules that comply with France’s 530 kgCO₂eq/kWp threshold for residential systems eligible for a 5.5% value-added tax (VAT) rate, with more compliant products expected.

Premier Energies Ltd will subscribe to 1,04,082 equity shares of Hyderabad-based Transcon Ind Ltd at a price of INR 48,069 per share, for a total consideration of INR 500.3 crore. This strategic investment marks Premier Energies’ entry into the power transformer manufacturing segment.

Countries reliant on imported minerals and components are rethinking energy strategies in solar, batteries, and green hydrogen. Securing upstream and midstream processes is no longer optional but essential for flexibility. India’s integrated approach across mining, processing, and manufacturing positions the country as a challenging player on the world stage.

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 certification in ensuring accountability, and shares a real-world case study of how GNF helped an organization design or implement a customized pathway to tackle Scope 3 emissions.

The 100 MW AC (120 MW DC) solar power project in Maharashtra marks a key milestone in Vikran Engineering’s diversification strategy.

Premier Energies Ltd will acquire a 51% stake in solar inverter manufacturing company KSolare Energy for around INR 86.7 crore. Syrma SGS Technologies will co-acquire the remaining 49% stake for INR 83.3 crore.

Shree Cement Ltd has commissioned a 20 MWp solar power plant in the Chitrakoot district of Uttar Pradesh for self-consumption. The project will supply power to its Etah grinding unit using the Wheeling and Banking route.

Crompton Greaves Consumer Electricals has secured an order to install a cumulative 77 MW of rooftop solar capacity across more than 40,000 homes in Andhra Pradesh.

Juniper Green Energy has commissioned a 28 MWP wind power project in Gujarat, four months ahead of its scheduled commercial operation date (SCOD), and a 36 MWp solar component of a hybrid project in Maharashtra, 13 months ahead of its SCOD.

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

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 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.

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.

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%.

Waaree Energies Ltd has secured orders totaling 692 MW for the supply of solar modules for projects in India and the United States.

Gautam Solar has reported a turnover of INR 1,580 crore in the first half of FY2026, representing a 51.34% increase over its total turnover for the entire FY2025. The company stated that it has a robust order book and expects its FY2026 turnover to be at least 2.5 times that of FY2025.

A comprehensive new report from IEA PVPS Task 12 reveals how countries around the world are managing the growing volumes of end-of-life solar modules, implementing regulations and scaling recycling infrastructure to handle the expected increment in PV waste over the coming decades.

Vikram Solar has secured the order to supply 148.9 MW of its 595 Wp n-type TOPCon modules for Sunsure’s projects across Maharashtra and Uttar Pradesh.

With lithium being an imported raw material, recycling and repurposing of lithium batteries once they have completed their lifecycle is paramount. In line with this, Indian startups have come up with several ingenious business models for second-life applications that repurpose EV or lithium-ion batteries for stationary storage.

Foxconn has launched its Fox EnerStor brand with residential, commercial and industrial (C&I), and utility-scale batteries. It aims to compete globally, with China and India as key hubs for R&D and manufacturing.

As India races toward its goal of 500 GW non-fossil fuel capacity by 2030, having already reached 217.62 GW as of January 2025, integrating variable renewable energy sources requires flexible storage solutions that can bridge generation-demand gaps while maintaining grid reliability. The dramatic cost declines, technological innovations, and supportive policy frameworks have created a perfect storm for Battery Energy Storage Systems (BESS) adoption, transforming what was once a nascent technology into a commercially viable solution driving India’s clean energy future and enabling a more flexible, resilient, and decentralized power system.

Desco Infratech Ltd has signed a Memorandum of Understanding (MoU) with KPI Green Hydrogen and Ammonia and Naveriya Gas for hydrogen-natural gas blending projects in the City Gas Distribution (CGD) sector.

Pace Digitek Ltd will be responsible for end-to-end delivery and ten years of service and maintenance contract for a 600 MW/1200 MWh battery energy storage system (BESS) DC package.

DNV’s Energy Transition Outlook 2025 report also predicts that distributed generation solar should begin outpacing utility-scale installations in some parts of the world by 2060. It adds that the levelized cost of electricity for solar is beginning to plateau and is expected to slow to an annual drop below 1% by the 2050s.

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.

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.

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.

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 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.