At the Modules and Material Worksop in Konstanz, organized by solar manufacturing engineering company RCT Solutions and ICS Konstanz, experts from the European PV equipment production industry gathered to discuss the current and future trajectory of manufacturing costs, technology advancements and equipment and raw material capabilities. RCT Solutions CEO, Peter Fath, told pv magazine that a European 1 GW module assembly facility using the same supply chain as Chinese Tier 1 counterparts could reach module manufacturing costs of €0.11-0.12/W.

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.

Blueleaf Energy has secured $75 million financing facility from British International Investment (BII) to accelerate development of nearly 2 GW of utility-scale solar, wind, and energy storage capacity in India.

Adani Green Energy Ltd (AGEL) has reported a revenue from power supply of INR 2,776 crore and net profit of INR 644 crore for the quarter ended September 2025.

Hartek Power has commissioned a 300 MW AC (435 MWp DC) solar PV power project in Rajasthan. The project, valued at INR 474 crore, was awarded by a global private-sector renewable power producer.

If India achieves its stated clean energy target, power-sector emissions across this major coal-growth market could begin to decline by 2030, according to a new analysis by the Centre for Research on Energy and Clean Air (CREA).

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

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%.

Pahal Solar has commenced construction of its new manufacturing complex in Surat, which will house a 2 GW solar cell manufacturing unit and a 2 GW aluminium frame production unit. The new units are expected to be fully commissioned by late 2026.

OMC Power, a distributed renewable energy (DRE) company targeting 1 GWp clean energy portfolio in India, and Honda Motor have partnered on innovative business models in energy storage and battery repurposing from the electric mobility ecosystem.

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.

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.

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.

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.

India’s decision to tighten inverter protocols and secure rooftop solar data under national jurisdiction is a critical step toward reinforcing its energy sovereignty. With ambitious rooftop solar targets already underway, these measures help ensure that growth in clean energy does not come at the cost of vulnerability in grid security, data privacy, or foreign dependence.

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.