Solex Energy Ltd has reported total revenue of INR 16.21 billion for FY26, marking a 143.9% year-on-year increase.

Siemens Energy India Ltd has reported a revenue from operations of INR 2,394 crore for the quarter ended March 2026, marking a 27.4% year-on-year increase from INR 1,880 crore in the corresponding quarter of FY 2025. Profit after tax increased 52.4% YoY to INR 375 crore.

Through this asset purchase, Inox Clean gains an operational capacity of 3 GW of TOPCon solar module manufacturing in the United States, positioning it in line with the “Make in America, For America” initiative.

The 8th annual Solar Risk Assessment from kWh Analytics identifies equipment-driven fires, regulator fines, and battery inaccuracies as the latest threats to renewable asset returns.

One of the key drivers behind the record solar capacity additions in Q1 2026 was the upcoming implementation of ALMM List-II from June 2026. The policy deadline prompted developers to accelerate project commissioning under the existing procurement framework amid concerns over limited domestic DCR cell availability and rising module procurement costs, according to Mercom.

NTPC Group has added 5,488 MW of renewable energy capacity during FY26 across solar, wind and pumped storage projects, strengthening its clean energy portfolio.

Waaree Clean Energy Solutions, a wholly owned subsidiary of Waaree Energies Ltd, has secured an order to develop a multi-technology green hydrogen project at the facility of TMEIC Industrial Systems India in Tumkur, Karnataka.

JSW Energy has commissioned 250 MW of renewable energy capacity since April 2026, comprising 130 MW of wind, 69.4 MW of solar, and the 50 MW Tidong Hydro Plant. With this addition, its total installed power generation capacity has reached 13.7 GW.

Global solar PV capacity reached around 2,974 GW by end-2025, with nearly 698 GW added in 2025. The sector, however, is shifting from rapid deployment to integration challenges, as high penetration rates drive curtailment, storage demand, grid constraints, and evolving policy and market designs.

Tata Power Renewable Energy Ltd (TPREL) has implemented a 50 kWp rooftop solar installation at Hotel Barath in Leh, marking the first commercial rooftop solar project in the Union Territory of Ladakh.

Ratul Puri, Chairman of Hindustan Power, speaks to pv magazine about the key challenges in scaling renewable energy deployment, the growing role of battery storage and carbon markets, and Hindustan Power’s strategy in supporting India’s clean energy transition.

India’s 500 GW renewable energy target by 2030 dominates every policy conversation. Capacity additions, auction pipelines, transmission corridors; these are the metrics that make headlines. But there is a quieter, less glamorous constraint that could undermine all of it: the country’s under-investment in testing and certification infrastructure for clean energy equipment.

The Portuguese manufacturer unveiled Maxi-Lock, an autonomous hydraulic mechanism that locks solar trackers during strong wind gusts or high-amplitude vibrations, and Smart-Slope, a universal joint-style system designed for uneven terrain. The company claims the technologies can reduce supply and maintenance costs, lower component counts, improve plant availability, and enable higher PV module integration in both conventional and agrivoltaic projects.

A new report by ICRA says that the thermal power sector in India is witnessing a revived investment emphasis, even as the renewable capacity continue to surge. Thermal power acts as a reliable base-load supply, aiding grid stability amid expectations of power demand growth.

A German research team has developed a nondestructive, on-site method to quantify water ingress in photovoltaic modules using near-infrared absorption (NIRA) spectroscopy calibrated with Karl–Fischer titration (KFT). The approach enables precise measurement of absolute moisture content in sealed modules without disassembly, improving inspection, failure analysis, and lifetime prediction.

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.

Researchers in Italy have developed a Pd/Si catalyst for upcycling silicon from end-of-life PV panels. The system showed performance comparable to commercial-silicon catalysts and stable recycling over six cycles.

The Chinese manufacturer said its novel TOPCon cell design enables partial replacement of silver with aluminum paste while maintaining TOPCon-level efficiency of over 27% and compatibility with existing production lines.

A High Court in South Africa ordered the country’s Ministry of Mineral Resources and Energy to deliver full documentation relating to three solar tenders awarded in 2021 and 2022 to local solar manufacturer ARTsolar, after the company questioned if the preferred bidders had followed local content requirements for PV modules set out in the tenders. ARTsolar told pv magazine its legal team is currently reviewing the documentation it has received.

Union Minister for New and Renewable Energy Pralhad Joshi highlighted that renewable energy is becoming a critical determinant of competitiveness in key industrial sectors such as steel, aluminium, chemicals, automotive and textiles. He emphasised the importance of emerging areas including green hydrogen, battery storage, pumped hydro, offshore wind and round-the-clock renewable energy solutions in the next phase of growth.

India allocated a total of 10.4 GW of standalone battery energy storage system (BESS) capacity in 2025, with 2-hour, 2-cycle systems accounting for the majority of this allocation. Tariffs fell sharply during the year, with the lowest discovered tariff reaching INR 1.48 lakh/MW/month for 2-hour systems.

AmpereHour Energy and IndiGrid have commissioned a 180 MW/360 MWh battery energy storage system (BESS) at Gujarat Energy Transmission Corp. (GETCO) substation in Gujarat. With Gujarat Urja Vikas Nigam Ltd (GUVNL) as the off-taker, this project is reportedly the largest standalone utility-scale battery energy storage (BESS) installation in India and amongst the largest BESS capacities in Asia.

Enrich Energy has commenced work on a 290 MWh battery energy storage system (BESS) project for NTPC Ltd at Simhadri in the Indian state of Andhra Pradesh. The company will execute the project on an engineering, procurement and construction (EPC) basis.

Pace Digitek has secured a contract worth INR 7,099.19 million (including GST) from NLC India Renewables for the deployment of a 250 MW/500 MWh battery energy storage system (BESS) project in the Indian state of Tamil Nadu.

Indraprastha Gas Ltd (IGL) has invited bids for the engineering, procurement and construction (EPC) of a 200 MW DC (160 MW AC) solar power project integrated with a battery energy storage system (BESS) in Rajasthan.

Hybrid energy systems are set to play a crucial role in shaping the future of energy infrastructure. With advancements in smart grid technologies, artificial intelligence, and predictive analytics, these systems will become even more efficient and adaptive. They offer a scalable and sustainable solution to meet rising energy demands while reducing carbon emissions and enhancing energy security.

Distributed energy resources, rooftop solar, C&I open-access systems, behind-the-meter storage, solar agricultural pumps, microgrids, share one decisive advantage: deployment speed. And speed is not the only advantage. Power consumed where it is generated avoids the 15-22% aggregate technical and commercial losses in India’s distribution networks.

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.

Over a 30-year asset life, corrosion can evolve into a structural, electrical, and fire safety issue. Corrosion drives up operations and maintenance (O&M) costs, reduces resilience to extreme events, and in some cases, can force premature decommissioning or complete structural replacement Intertek CEA’s Nicholas Hudson and Ankil Sanghvi advise on best practices.

Escalating Middle East tensions and global energy supply risks are accelerating Europe’s shift toward solar and storage, particularly in commercial, industrial, and utility-scale segments where energy security, resilience, and price stability are becoming central investment drivers. At the same time, expanding manufacturing capacity in China and India is redirecting surplus solar and storage supply toward Europe, creating a highly competitive and increasingly selective market where long-term success depends on quality, reliability, ESG alignment, and strategic market positioning.