Skip to content

Top News

Tata Power reports FY26 PAT of INR 5,118 crore, up 7% YoY

Renewables business PAT increased 59% YoY to INR 1,994 crore (including INR 857 crore from solar cell and module manufacturing unit).
Energy Storage

India’s critical minerals sector faces financing challenges: IEEFA

While the National Critical Mineral Mission (NCMM) aims to create regulatory and institutional enablers to develop the critical minerals supply chain, focused capital expenditure is needed to accelerate large-scale mining, refining, and processing. The N...
Manufacturing

U.S. transformer market faces severe supply constraints

Severe shortages of power transformers are stalling grid expansion as developers face skyrocketing prices and four year wait times for critical equipment.
Announcements

Out now - pv magazine Global May Issue

The new pv magazine Global issue is out now!

Available in print and digital – get your copy today!

pv magazine Global May 2026 announcement

Visit webshop

pv magazine Awards 2026

It’s time to submit your application!

Entries for the pv magazine Awards 2026 are now open from April 1 to August 31 across seven key categories: Modules, Inverters, BESS, BoS, Sustainability, Manufacturing, and Projects.

Don’t miss your chance to showcase your innovation globally.

Apply now

Your monthly PV industry update

pv magazine’s global monthly edition offers authoritative reporting, market-driven analysis, and expert perspectives on the technologies, policies, and investments transforming global power systems.

Available in print and digital

pv magazine Global subscription May

Subscribe to pv magazine Global

pv magazine Webinar

Delivering end-to-end BESS solutions for utility-scale projects

Registration Link

pv magazine Webinar

Plug-and-play solar for the home: microinverters and balcony energy storage explained

Registration Link

pv magazine Webinar

Packing more power into tighter spaces: High-density energy storage design for Europe’s utility and C&I projects

Registration Link

Newsletter India pv magazine

Media Kit 2025

Make your order for 2025 to reach your audience the right way.

Amplify your brand presence with the leading trade media platform for the solar and storage industry.
Sponsored
Highlights

Coal India scraps solar manufacturing arm

Coal India Ltd said today that the name of its arm CIL Solar PV Ltd has been struck off from the Register of Companies under Section 248(5) of the Companies Act, 2013, and that the subsidiary now stands dissolved.
Highlights

NHPC REL launches rooftop solar tender for govt buildings in Sikkim, Manipur and Nagaland

NHPC Renewable Energy Ltd has invited bids for the selection of rooftop developers to set up grid-connected rooftop solar projects on government buildings in Northeastern states of Sikkim, Manipur and Nagaland under the RESCO model. The selection will be...
Sponsored
Sponsored
Energy Storage

BloombergNEF confirms energy storage has reached the 100 GW era

A record year, and an incredibly strong outlook for the energy storage sector.
Installations

World’s smallest island nation advances 18 MW / 40 MWh solar-plus-storage project

In a bid to rid itself of diesel dependence, the world’s smallest island nation of Nauru has signed a landmark memorandum of understanding with Sydney-based Smart Commercial Energy to develop a clean energy solution.
Highlights

Adani Green commissions 150 MW solar capacity at Khavda

Adani Green Energy Ltd (AGEL) has commissioned a 150 MW solar power project at Khavda, taking its total operational renewable energy generation capacity to 19,735.8 MW and its operational battery energy storage system (BESS) capacity to 1,376 MWh.

Markets & Policy

Featured

The hidden engine: Why testing infrastructure is the real bottleneck in India’s green energy race

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.

EU ban on Chinese inverters sparks strong response from Beijing

China strongly criticized the EU’s ban on Chinese inverters in EU-funded solar projects, warning it could damage trade relations, supply chains, and Europe’s energy transition.

China TOPCon solar cell prices stabilize as holiday lull slows trading

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.

Waaree Renewable Technologies to acquire 55% stake in Associated Power Structures

Waaree Renewable Technologies has signed agreements to acquire a 55% stake in Associated Power Structures for INR 1,225 crore.

ACME Solar FY26 profit jumps 98.4% to INR 498 crore

ACME Solar Holdings has reported a 98.4% year-on-year increase in profit after tax (PAT) to INR 498 crore for fiscal year 2026. The company posted total revenue of INR 2,507 crore for FY 2026, up 59% year on year.

ESG has evolved beyond compliance into core business strategy: Milton Kenny, Premier Energies

Milton Kenny, general manager-ESG at Premier Energies Ltd, discusses how ESG is reshaping the renewable energy sector—from decarbonisation to supply chain transparency and circularity.

Installations

Featured

Hybrid energy systems: Combining solar, wind & storage for maximum efficiency

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.

How distributed energy resources can help India meet its 2030 clean energy targets faster

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.

Bondada secures 600 MW solar EPC order from NTPC

Bondada Engineering Ltd has received a Notification of Award (NOA) from NTPC Renewable Energy Ltd for the execution of Balance of System (BOS) works for a 600 MW solar PV project at Fatehgarh, Rajasthan. The order value stands at around INR 816 crore.

Study finds PV plants reshape land surface conditions, reducing wind speed and increasing soil moisture

A China-based research team conducted a systematic review and meta-analysis of 147 studies on how solar PV systems alter land surface processes, covering 609 installations worldwide and 11 key climate variables. The results show mixed but mostly significant environmental effects, including reduced wind speed, albedo, and land surface or soil temperatures, alongside increased soil moisture, while air temperature changes remained largely non-significant.

AlphaTracker launches hydraulic mechanism that locks trackers during strong wind gusts

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.

Investment revives in thermal power amid grid stability needs as renewables surge: ICRA

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.

Technology

Featured

New technique measures water ingress in PV modules without disconnecting them

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.

Solar on canals reduces water evaporation by 70% and algae growth by 85%

The 1.6 MW Nexus pilot project in California has demonstrated that solar panels installed over irrigation canals can significantly reduce water evaporation and algae growth by 85%, while also showing operational efficiency.

Why solar + storage needs intelligence before scale

The intelligent integration of solar and storage is no longer optional. Data-driven approaches are essential to ensure compliance, efficiency, and long-term reliability. Building systems with insight not only prevents costly mistakes but also creates an energy ecosystem that is not just larger, but smarter, more resilient, and adaptable to future demands.

Solar inverters can detect cyberattacks but no one sees the signal

A King Abdullah University of Science and Technology (KAUST) researcher whose lab has demonstrated up to 100% accuracy using a single hardware counter tells pv magazine that firmware-level detection of inverter attacks is technically viable – but today’s communication standards do not transmit the firmware‑integrity signal to operators.

Intermittent renewables and rising demand: Why grid resilience is now critical

Renewable energy is abundant but intermittent. Demand is growing but uneven. Infrastructure exists but is often misaligned with where and when power is needed. In this environment, the grid has become more than a passive network; it is an active balancing system. Its resilience will determine whether the energy transition delivers stability or introduces volatility.

Transmission is the backbone of India’s Electrification 2.0

India’s renewable energy push is inherently decentralized. Solar parks in Rajasthan, wind farms in Gujarat and Tamil Nadu, and hybrid projects across states are often located far from consumption centers. Bridging these geographical gaps requires robust, resilient, and future ready transmission network. Without it, even the most ambitious generation targets risk underutilization.

Manufacturing

Featured

NTPC seeks solar modules for 1.2 GW PV projects at Khavda Renewable Energy Park

NTPC Renewable Energy Ltd (NTPC REL) has invited bids for the supply of solar PV modules for 1,200 MW of solar projects planned at the Khavda Renewable Energy Park – South Block in the Rann of Kutch, Gujarat.

U.S. solar panel manufacturers need to learn to solder

CEA’s 2026 manufacturing quality report finds that yield rates vary widely based on the age of solar module assembly facilities, with mature Chinese firms nearing 100% and U.S. outlier facilities ranging all the way down to 30%.

Solex Energy FY2026 revenue surpasses INR 1,600 crore

Solex Energy, a solar module manufacturer and EPC services provider, has reported a 248% year-on-year increase in revenue from operations to INR 885.53 crore for the fourth quarter of FY2026. Revenue for the twelve months ended March 31, 2026, rose 144.3% to INR 1,618 crore.

Vikram Solar reports record Q4 FY2026 revenue of INR 1,453 crore

Vikram Solar has reported its highest-ever quarterly revenue of INR 1,453 crore in Q4 FY2026, marking a 22% year-on-year increase. Profit after tax (PAT) also rose 22% YoY to INR 110 crore.

LICO Materials wins government incentives for critical mineral recycling

LICO Materials has committed to invest INR 240 crore in its Karnataka facility that will produce battery-grade critical minerals from end-of-life lithium-ion batteries. The project qualifies for a 20% capital expenditure (CapEx) subsidy and a multi-year operational expenditure (OpEx) subsidy linked to incremental commercial sales through FY 2030-31.

EU funding ban on high-risk inverters, including Chinese suppliers, extends to BESS

The new policy has already applied, and impacts billions in funding from the European Investment Bank on renewable projects including standalone and co-located storage.

Energy Storage

Featured

IndiGrid commissions 180 MW/360 MWh battery energy storage system project in Gujarat

Developed jointly by IndiGrid and EnerGrid, with Gujarat Urja Vikas Nigam Ltd (GUVNL) as the off-taker, the project is among India’s largest standalone utility-scale BESS installations at a single location.

Pace Digitek wins 250MW/500MWh battery storage project from Damodar Valley Corp.

Pace Digitek has secured supply, EPC, and operation and maintenance (O&M) contracts from Damodar Valley Corp. for a 250 MW/500 MWh battery energy storage system (BESS) project at Maithon.

Firm solar and storage costs fall to $54/MWh, says IRENA

A new report by the International Renewable Energy Agency (IRENA) finds that round‑the‑clock solar and wind paired with battery storage deliver power at lower cost than new fossil fuel generation in high‑quality resource regions.

India, EU launch €15.2 million programme for advanced EV battery recycling

India and the European Union (EU) have launched a €15.2 million (INR 169 crore) joint funding programme to advance recycling technologies for electric vehicle (EV) batteries, under the India–EU Trade and Technology Council (TTC) Working Group 2 on Green and Clean Energy Technologies.

SPML Infra secures 1 GWh battery energy storage project from NTPC

SPML Infra has secured an INR 1,128 crore ($120 million) contract to develop a 1 GWh battery energy storage system (BESS) at NTPC Ltd’s Barauni Thermal Power Station in Bihar, marking its first large-scale BESS project.

Europe’s solar and storage development: Selectivity amid rising global supply and returning energy shocks

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.

Opinion & Analysis

Featured

Resisting rust in solar

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.

Maximising plant profitability: Why solar panel cleaning is critical for stronger ROI

The long-term value of a solar power plant depends on its ability to consistently deliver expected energy output. Soiling is a predictable and manageable factor that directly affects both performance and revenue. Addressing it through regular and structured cleaning practices is essential for maintaining efficiency and protecting returns.

Batteries: The game has changed – and it’s not what you think

A single benchmark no longer exists. In some cases, charging speed is what matters; in others, it is energy density, and in still others, cost and scalability. In other words, the battery is ceasing to be a simple component. It is becoming the transversal energy infrastructure of the next industrial cycle. And those who can control not only the technology but also production, integration, and the grid will have an advantage that will be difficult to recover.

Solar Manufacturing USA 2026 – production and technology at the heart of US solar

The upcoming Solar Manufacturing USA 2026 conference in Austin will focus on real U.S. solar manufacturing progress, shifting attention from capacity announcements to actual production, costs, yields, and technology choices across the full value chain. It will also examine how policy changes and tariffs are driving domestic expansion in ingots, wafers, cells, and modules, while highlighting competing technologies like back contact, heterojunction and TOPCon.

The battery cost disconnect

For years, the battery energy storage (BESS) story has followed a familiar script: costs fall, deployment accelerates, economics improve. Even when cell costs rose and system prices briefly flattened during the 2021-22 lithium price spike, the narrative largely held. Paola Perez Peña, senior principal analyst at S&P Global Energy, examines why the latest jump in lithium prices has only had limited impacts on overall BESS costs so far.

India’s solar generation rose 24% YoY in Q4 FY 2025–26 as energy demand hit new peaks

India’s rising power demand is increasingly being met by renewables, particularly during daytime peak hours. However, rising renewable curtailment shows that grid infrastructure and flexibility are not keeping pace with clean energy growth. With stronger transmission networks, more flexible grid operations, and faster battery deployment, a larger share of evening and night-time demand can also be met through non-fossil sources.

Press Releases

New Momentum for Green Energy and Sustainable Financing Initiatives Across Asia through India-Korea Bilateral Agreement

In a significant boost to green growth and sustainable development, the Republic of India and the Republic of Korea have reinforced their commitment to advancing climate-friendly and innovative solutions. As founding countries of the International Solar Alliance (ISA) and the Global Green Growth Institute (GGGI), respectively, both nations announced during the recent Korean State Visit to India their intention to join the international organizations founded and hosted by the other partner country.

Wind-Bioenergy Convergence Could Unlock 600,000 Jobs and $28 Billion Investment Opportunity

The Indian Wind Turbine Manufacturers Association (IWTMA)  curated a panel discussion on “Wind–Bioenergy Collaboration for Green Hydrogen and Energy Security” at the Bioenergy, Biofuels & Biomaterials (BBB) & India EnergyX Expo & Summit 2026 held at Yashobhoomi, New Delhi, as an Association Partner, where policymakers, regulators and industry leaders discussed the role of community-centric renewable energy development in accelerating India’s energy transition. The session focused on strengthening the convergence between wind energy and bioenergy while addressing structural and execution-related challenges across the sector.

Hero Future Energies Honours India’s Changemakers Driving Social Transformation

Individuals from across India recognised for contributions to education, women’s empowerment, sustainability, conservation, and more

Sai Life Sciences becomes first Indian CRDMO with a site powered by 100 per cent renewable energy

Sai Life Sciences Limited (BSE: 544306 | NSE: SAILIFE), one of India’s leading integrated contract research, development, and manufacturing organizations (CRDMOs), today announced that its Bidar campus — comprising Unit IV, the company’s flagship API manufacturing facility, and Unit VI, its animal health API manufacturing facility — now operates entirely on renewable power. With this milestone, Bidar becomes the first site within an Indian CRDMO to achieve 100% renewable electricity usage.

This website uses cookies to anonymously count visitor numbers. To find out more, please see our Data Protection Policy.

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close