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Amara Raja Energy & Mobility reports 16% YoY revenue growth in Q4 FY26

Amara Raja Energy & Mobility has reported a revenue of INR 3,460 crore for the fourth quarter of FY26, 16% up year-on-year. Profit before tax (PBT) stood at INR 433 crore, compared to INR 224 crore in Q4 FY 2025.
Highlights

Adani Green Energy commissions 3.37 GWh battery energy storage system at Khavda

Adani Green Energy Ltd (AGEL) has commissioned a cumulative 3.37 GWh battery energy storage system (BESS) at Khavda, Gujarat, including 1.37 GWh added in March 2026. The company said this is the world’s largest single-location battery storage deploymen...
Highlights

ACME Solar signs PPA for 300 MW/1,200 MWh assured peak power project

Under the PPA, ACME Solar will supply four hours of assured peak power during non-solar hours with minimum annual availability requirement of 85%.
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Brazil increases import tax on batteries at local manufacturer’s request

The measure raises the import tariff from 18% to 25% for 48V LFP batteries intended for stationary applications in telecommunications and photovoltaic systems of up to 4.8 kW until May 2027, following a request from the domestic industry via LETEC. For o...
Highlights

DAS Solar, UNSW build tunnel back-contact solar cell with 27% efficiency, lower silver content

Researchers from UNSW and DAS Solar developed a zero-busbar metal grid optimization approach for tunnel oxide passivated back-contact (TBC) silicon solar cells, enabling more efficient current collection at the rear surface while reducing silver consumpt...
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Highlights

DCR module premiums more than offset input cost pressures: GREW Solar CEO

Vinay Thadani, Director & CEO of GREW Solar, says that as the company deepens its backward integration and scales up operations, the cost gap with Chinese manufacturers continues to narrow. In the DCR segment, he adds, GREW Solar commands a meaningfu...
Installations

JSW Steel, Bharatia and Carbon Iceland sign MoU for large-scale green methanol project in India

JSW Steel Ltd, Bharatia and Carbon Iceland International will jointly explore the development of a large-scale green methanol (e-methanol) project in India. The proposed 300 ktpa project aims to utilise CO₂ emissions from JSW Steel’s operations in di...
Highlights

China invalidates First Solar TOPCon patent in major win for JinkoSolar

JinkoSolar has won a key patent invalidation in China against First Solar’s TOPCon-related patent, with the China National Intellectual Property Administration ruling it fully invalid.

Markets & Policy

Featured

Why grid modernisation must precede energy transition targets

The future of energy is not merely renewable – it is intelligent, flexible, and resilient. This requires investment not only in generation assets, but also in transmission corridors, reactive compensation systems, digital controls, automation, and dependable high-voltage equipment.

Rajasthan Solar Association calls for pragmatic transition framework for ALMM List II implementation  

The industry body warns of supply disruptions, rising costs, MSME stress and project delays if ground-level readiness is ignored.  

Vikran Engineering strengthens solar portfolio with 969 MW PM-KUSUM project acquisition

Vikran Engineering, a diversified EPC player, has acquired the remaining 51% equity stake in NOPL Solar Projects Pvt Ltd, which is developing a 969 MW (AC) grid-connected solar power project under Component C of the PM-KUSUM Scheme in Maharashtra.

Bluebird Solar appoints Rohit Tikku as CEO to lead PV cell, BESS foray

Bluebird Solar, a solar PV module manufacturer, has appointed Rohit Tikku as its chief executive officer (CEO) to drive the company’s expansion into solar cell production, EPC services, and energy storage solutions.

Sahaj Solar forms JV for 750 MW solar module manufacturing facility in UAE

Sahaj Solar has announced a joint venture with Clarion Investments LLC to set up a 750 MW solar module manufacturing facility in the UAE. The facility will target supply to Gulf Cooperation Council (GCC) countries, including the UAE, Qatar, Bahrain, Saudi Arabia, Kuwait, and Oman, as well as the US market.

BII, CIP launch $300 million platform to support renewables project development in India

British International Investment (BII) has launched a $300 million platform to accelerate renewable power projects in India, with $150 million each from BII and Danish fund manager Copenhagen Infrastructure Partners (CIP).

Installations

Featured

India’s energy transition is becoming an economic story

Large Indian corporations are no longer adopting renewable energy solely to strengthen ESG positioning. Increasingly, renewable procurement is being driven by commercial considerations: lower long-term electricity costs, reduced exposure to fossil fuel volatility, and improving competitiveness in global markets that are rapidly introducing carbon-linked trade frameworks.

Meeting the challenges of long life time PV on buildings

As Europe’s first generations of integrated PV systems age, researchers and industry actors are only beginning to explore the long-term realities of maintenance, compatibility and repair.

India added 2.7 GW of open-access solar capacity in Q1 2026, says Mercom

Open-access solar installations were up 170% year-over-year from 1 GW added in Q1 2025.

Lidl launches 2.24 kWh battery in Germany for €299

The battery supports 1,000 W input and 800 W output, is compatible with most balcony PV systems, and can be optionally app-controlled via a dedicated app.

Rajasthan could save INR 5,500 crore annually by replacing new coal with solar-plus-battery storage, says new report

Rajasthan could save about INR 5,500 crore annually and up to INR 57,000 crore over a decade by avoiding new coal-based power generation and adopting solar power + battery storage, resulting in lower power costs, according to a new report by Climate Risk Horizons.

SAEL’s 600 MW Kadapa solar plant to be inaugurated tomorrow

The 600 MW solar power project in Andhra Pradesh, commissioned in a record 11 months, will supply electricity to the national grid under a 25-year power purchase agreement with Solar Energy Corp. of India.

Technology

Featured

Japanese scientists achieve world record 25.14% efficiency for perovskite-CIGS tandem solar cell

The result was certified by Japan’s National Institute of Advanced Industrial Science and Technology (AIST).

The Hydrogen Stream: Ireland’s LCOH on par with Morocco, Brazil

Fraunhofer ISE, in collaboration with Irishi energy company ESB, developed a methodology showing that Ireland is a competitive location for renewable power-to-X and green hydrogen production with costs comparable to Morocco, South Africa, and Brazil, supported by strong wind resources, policy backing, and infrastructure potential.

Advait Energy Transitions, Norway’s TECO sign MoU for hydrogen fuel cell manufacturing in India

Advait Energy Transitions Ltd has signed a memorandum of understanding (MoU) with Norway-based TECO Fuel Cell Technology AS to establish a framework for hydrogen fuel cell manufacturing in India. The agreement was signed at the 3rd India–Nordic Summit in Oslo.

Waaree Clean Energy to develop multi-technology green hydrogen project for TMEIC Industrial Systems

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.

Siemens Energy India Q2 FY2026 revenue up 27.4% YoY

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.

“India’s battery energy storage market is transitioning from aggressive tendering to execution-led scale” — Ratul Puri, Chairman, Hindustan Power

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.

Manufacturing

Featured

Ganesh Green Bharat FY 2026 revenue crosses INR 1,000 crore

The company expects FY27 revenue in the range of INR 1,500 crore to INR 1,700 crore.

Chinese wafer producers build inventory ahead of expected Q3 demand recovery

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.

Fujiyama Power to set up 1.2 GW TOPCon solar cell manufacturing facility in Madhya Pradesh

Fujiyama Power Systems, which currently operates a 1 GW mono PERC solar cell manufacturing facility in Uttar Pradesh, plans to set up an additional 1.2 GW TOPCon solar cell manufacturing facility in Madhya Pradesh as part of its strategy to expand its presence in the on-grid rooftop solar segment.

Solar industry cost-cutting sparks record wave of spontaneous glass breakage

Instances of cracks in PV module glass started appearing about five years ago. Spontaneous glass breakage is now one of the solar industry’s top issues, but manufacturing pressures and a lack of standards are hindering solutions.

Saatvik Green Energy Ltd crosses INR 45.48 billion in FY26 revenue

Saatvik Green Energy Ltd reported FY26 revenue from operations of INR 45.48 billion, up 111% year on year (YoY), marking the company’s highest-ever annual revenue performance.

U.S. PV manufacturing capex could reach $7 billion in 2027 in breakout year for domestic supply-chain

Driven by multi-billion-dollar investments from the likes of Tesla and Corning, U.S. solar manufacturing capital expenditure is forecast to skyrocket 150% year-on-year to $7 billion in 2027, marking a massive breakout year as silicon-based technology eclipses thin-film spending and cements a domestic supply chain.

Energy Storage

Bluetti launches new storage systems for balcony PV

Bluetti has launched the Balco 260 and Balco 500, two integrated balcony PV storage systems combining MPPT, inverter, battery storage and smart control in a plug-and-play architecture for urban households.

Vision Mechatronics, HyCooker sign agreement to launch zero-emission hydrogen cookstoves globally

Indian deep-tech company Vision Mechatronics and Netherlands-based HyCooker BV have signed a strategic cooperation agreement for the global rollout, localized manufacturing in India, and international commercial sales of advanced hydrogen-burning cookstoves.

India curtailed 300 GWh of renewable energy in Q1 2026 due to transmission constraints, says Ember

With the right regulatory changes, battery energy storage systems offer a credible near-term solution to the country’s rising grid gaps.

E-trucks: Unlocking the next frontier in India’s logistics transformation

As battery costs decline, charging networks mature, and financing models improve, e-trucks can move deeper into mainstream freight. India’s logistics transformation is no longer only about moving goods faster. It is about moving them with lower emissions, stronger energy security and better lifecycle economics.

Hydrovert Energy develops 5 kVA to 50 kVA hydrogen fuel cell stationary gensets

Pune-based startup Hydrovert Energy has developed hydrogen fuel cell-based stationary power generators ranging from 5 kVA to 50 kVA for long-duration backup power in commercial and industrial applications. The systems use hydrogen as the sole fuel input, irrespective of whether the hydrogen is produced from fossil fuels, renewable energy-powered electrolysis, or nuclear energy pathways.

Oman power company signs 2.7 GW PPA for continuous wind-solar-storage project

The gigawatt-scale solar, wind and battery project developed by O-Green Energy expected to provide round-the-clock power. It is part of a push from Nama Power and Water Procurement to secure 7 GW solar, 3 GW battery storage capacity by 2030.

Opinion & Analysis

Featured

China TOPCon module prices hold steady as supplier price gap widens

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.

Solar approaches 3 TW, but the industry faces new challenges

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.

Can India’s steel pipe industry lead the global hydrogen infrastructure build-out?

One of the biggest constraints in the hydrogen economy today is the lack of transport infrastructure. Moving hydrogen remains expensive and logistically complex without pipelines.

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.

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.

Press Releases

K2 Infragen Ltd. Bags Rs 56.91 Crore Orders from Rajasthan Rajya Vidyut Prasaran Nigam

K2 Infragen Ltd. , a leading infrastructure and core engineering company, has reinforced its footprint in India’s power transmission sector by securing two strategically important orders (LOA) from Rajasthan Rajya Vidyut Prasaran Nigam Limited (RVPN) totalling to Rs 56.

Livguard Hosts Punjab Kings Meet & Greet in Lucknow, Launches Lithium XOne Universal Battery

The Lucknow event brought Punjab Kings players, Livguard leaders and channel partners together for an interactive afternoon, while marking the launch of a lithium battery designed to work with any inverter.

Man Industries (India) Ltd Q4 standalone PAT surges 74% YoY

Standalone revenue grew 36% year-on-year and 44% sequentially to ₹1,157 crore, driven by strong order execution. EBITDA jumped 69% to ₹171 crore (margins: 14.

India and LAC to Target Opportunities in Green Energy, Critical Minerals, and Future Value Chains

With rich natural resources, a growing and increasingly skilled workforce, and a stronger focus on sustainability and innovation, LAC is well placed to drive long-term, inclusive, and green growth in partnership with India.

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