Manufacturing

With renewables’ share in power generation expected to grow significantly, there will also be a push in the demand for next-generation transformers that are capable of handling the intermittent nature of solar, wind, and other non-polluting sources of energy. The grid of the future demands not only more transformers but smarter, adaptive, and sustainable designs that can support India’s ambitious renewable targets and fast-rising power demand.

Alpex Solar Ltd has reported consolidated operational revenue of INR 903.24 crore in H1 FY26, up 241% from INR 265.13 crore in H1 FY 2025. Net profit rose 283% YoY to INR 94.95 crore.

Avaada ‘Halo’ hybrid battery inverter—designed, developed, and manufactured entirely in India—is both scalable and stackable. It is available in 3 kW, 5 kW, and 10 kW configurations, making it suitable for residential, commercial, and small industrial (C&I) applications.

Solar panel cleaning equipment company Objectif Drone has launched a new 7 kg dual-brush cleaning robot with a speed of 5 km/h made for small and medium-sized PV installations.

India’s solar module manufacturing capacity is expected to reach 215–220 GWp by FY28, driven by strong policy support, growing domestic demand, and export opportunities, according to a new report by CareEdge Ratings. The country’s solar cell manufacturing capacity is also projected to rise sharply to around 100 GWp by FY28.

Jharkhand’s vast renewable energy potential, combined with its industrial base and critical mineral reserves, positions the state to emerge as a hub for low-carbon manufacturing, ranging from EVs, solar panels and battery energy storage systems (BESS) to green hydrogen production.

Loom Solar showcased its TOPCon and HJT PV modules up to 730 Wp, battery energy storage systems ranging from 1 kWh to 5 MWh, and made-in-India PV inverters from 3 kW to 50 kW. The company also announced plans to set up a 1.2 GW module factory in Uttar Pradesh.

Australia’s PowerCap has entered the US market with its sodium-ion stationary storage systems and plans to build a manufacturing facility to serve customers across the Americas.

Deepak Jain, Chief Technical Officer (CTO) of Insolation Energy (INA Solar), told pv magazine that they are eyeing major capacities in TOPCon G12R cell production and backward integration into ingot and wafer manufacturing. The company will begin commercial production of G12R solar cells by September next year, with an initial capacity of 4.5 GW in its Phase 1 rollout.

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.