Waaree Energies completes acquisition of 64% equity stake in transformer company Kotsons
Waaree Energies Ltd has completed the acquisition of a 64% equity stake in transformer solutions company Kotsons Pvt Ltd (KPL) for a total consideration of INR 192 crore. Consequently, KPL has become a subsidiary of the company.
Japan launches R&D call for tandem perovskite solar cell mass production
Japan’s New Energy and Industrial Technology Development Organization (NEDO) is accepting proposals for a six-year R&D program to advance large-scale manufacturing technologies and field testing of next-generation tandem perovskite solar cells.
India reaches 490 MWh installed energy storage capacity by June 2025, says Mercom
Mercom India Research expects India’s cumulative energy storage installations to reach 33 GWh by 2028.
Juniper Green signs PPA with TATA Power for 70 MW FDRE power project
Juniper Green Energy Ltd has secured a 25-year power purchase agreement with TATA Power Co. Ltd for a 70 MW firm and dispatchable renewable energy (FDRE) power project. To supply the contracted power, it will deploy 180 MWp of renewable energy (solar and wind) capacity backed with around 280 MWh of battery storage.
Loom Solar announces strategic expansion into utility-scale solar plus battery storage projects
Loom Solar has unveiled its strategy to expand into the deployment of large-scale solar power plants, supported by battery energy storage systems (BESS) to ensure grid stability.
Ceigall secures 147 MW AC solar project from MSEDCL
Ceigall India has received a Letter of Award (LoA) from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) for the development of a 147 MW (AC) grid-connected solar power project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 Scheme.
ACME Solar Holdings upgraded to CRISIL AA-/Stable rating
CRISIL Ratings has upgraded its rating on ACME Solar’s non-fund-based long-term bank facilities of INR 1,000 crore to ‘AA-/Stable’ from ‘A+/Positive’.
Enphase launches AC-coupled battery for residential and small commercial solar
Enphase Energy’s IQ Battery 5P with FlexPhase supports both single-phase and three-phase applications, addressing the needs of India’s growing residential and small commercial solar markets
MIT-WPU researchers develop scalable solar PV waste recycling process
Researchers at MIT World Peace University (MIT-WPU) have developed an innovative process that not only enables recovery of valuable materials from end-of-life solar panels but also upcycles non-recoverable fractions into construction materials such as bricks, blocks, and aggregates. This dual approach prevents hazardous waste from entering landfills while reducing dependence on virgin raw materials.
New study reveals 3,343 GWp deployable ground-mounted solar potential in India
India has an estimated 3,343 GWp of deployable ground-mounted solar PV potential (DC capacity), significantly higher than the 2014 total estimate of approximately 748.98 GWp, according to a new comprehensive study by the National Institute of Solar Energy (NISE). This updated figure is based on an analysis of 27,571 km² of technically feasible land — about 6.69% of the country’s total identified wasteland area (412,458.37 km²).
