Waaree Renewable sets up subsidiary for power generation from non-conventional energy sources
Waaree Renewable Technologies has established a wholly owned subsidiary named Sunsational Power for power generation from non-conventional energy sources.
India installed 7 GW solar in Q1 2025, says Mercom
India installed 5.5 GW of large-scale solar and 1.2 GW of rooftop solar in the January–March quarter of 2025. Large-scale solar installations were down over 36% year-on-year.
From TOPCon dominance to the rise of back-contact solar modules
Having invested heavily in TOPCon, solar manufacturers in India are beginning to explore hybrid solutions such as BC-TOPCon as a bridge between TOPCon and back-contact (BC) technologies. These hybrid models could ease the transition to BC by enabling manufacturers to leverage existing infrastructure while incorporating more efficient designs.
RenewSys advances encapsulant expansion to 30 GW
RenewSys, a solar PV module and component manufacturer, is adding eight new encapsulant manufacturing lines, bringing its total to 19 lines with a cumulative production capacity of 30 GW.
ACME Solar Q4 profit drops 77% to INR 122 crore despite strong revenue growth
Acme Solar has reported a net profit of INR 122 crore for the fourth quarter ended March 31, 2025, down 77% year-on-year from INR 532 crore in Q4 FY 2024. The total income for the quarter, however, rose 69.5% YoY to INR 539.25 crore.
Premier Energies, Sino-American Silicon enter JV for solar wafer manufacturing
Premier Energies Ltd has signed a 74:26 joint venture agreement with Taiwan-based Sino-American Silicon Products Inc. (SAS). The JV will establish a 2 GW per annum solar wafer manufacturing plant in India.
Reliance Power secures long-term PPA with Bhutan’s GDL for 500 MW solar project
Reliance Power, in partnership with Druk Holding and Investments Ltd (DHI), will develop the 500 MW solar power project in Bhutan with a capital outlay of up to INR 2,000 crore.
Premier Energies, Nuevosol enter JV to manufacture aluminium frames for solar modules
Premier Energies Ltd has entered into a joint venture with Hyderabad-based Nuevosol Energy. The JV will set up a 36,000 MT/year aluminium extrusion and anodizing facility in Seetharampuram, Telangana.
ReNew breaks ground on INR 22,000-crore hybrid renewable energy project in Andhra Pradesh
ReNew has started building a hybrid renewable energy project in Andhra Pradesh, which, upon completion, will have an installed capacity of around 2.8 GW (1.8 GWp of solar and 1 GW wind power), supported by a 2 GWh battery energy storage system.
Waaree Renewable Technologies wins 131.6 MW DC solar EPC order
Waaree Renewable Technologies stated that the 131.6 MW DC solar project, valued at around INR 114.23 crore, is scheduled for completion in the financial year 2025-26.
