Global clean energy supply investments will reach $670 billion this year, said a report from S&P Global Commodity Insights.

As the global solar energy industry grows, so does the need for accurate monitoring of performance and financial viability. The latest report by IEA PVPS Task 13, “Best Practice Guidelines for the Use of Economic and Technical KPIs,” provides a comprehensive framework to address this issue. This article explores the importance, methodologies, and applications of Key Performance Indicators (KPIs), with a focus on their role in optimizing PV systems.

Exide Industries Ltd has made equity investment of INR 149.99 crore, on rights basis, in Exide Energy Solutions. The investment will fund Exide Energy Solutions’ greenfield lithium battery plant in Bengaluru and meet its various funding requirements.

As dark stores move closer to consumers to reduce turnaround times, the demand for frequent, efficient restocking has surged. This shift has brought the middle mile into focus as a space ripe for innovation, particularly through the integration of commercial electric vehicles (EVs).

AM Green has partnered with DP World to jointly develop logistics and storage infrastructure to facilitate the global export of 1 million tonnes per annum (mtpa) of green ammonia and 1 mtpa of green methanol from its plants in India.

Artificial intelligence (AI) and Data Analytics are transforming energy operations by introducing capabilities that were once unimaginable. These technologies provide actionable insights, automate processes, and enable real-time decision-making, making energy systems smarter and more resilient.

Bharat Petroleum Corp. Ltd (BPCL) has entrusted Volks Energie with deployment of a cumulative solar capacity of 280 kW backed with lithium ferro phosphate (LFP) battery storage of 1.6 MWh for its oil and gas pipeline network. The solar-plus-storage capacity will be equally distributed across 14 strategic locations in Andhra Pradesh and Telangana.

An international study led by Flinders University in Australia has advanced nanoscale chemistry to further develop sustainable and efficient generation of hydrogen from water using solar power.

Hartek Group has won the complete EPC order for an 8 MW rooftop solar plant in Jammu & Kashmir. The project has been awarded by Kandhari Beverages.

Adani Green Energy Ltd commissioned 3,131 MW of renewable energy capacity (2,693 MW solar and 438 MW wind) in the April-Dec. 2024 period, taking its cumulative operational capacity to 11.6 GW.

Techno-economic analysis conducted by NREL researchers has shown how perovskite-silicon tandem solar modules could currently hardly compete in cost with incumbent PV panels. Production costs for U.S.-made tandem products were found to range between $0.29/W and $0.42/W, with module efficiencies ranging from 25% to 30%.

Researchers from Belgium and the University of Cyprus have completed outdoor stability tests of perovskite solar mini-modules providing two-years of data on stability performance. The tests showed that the modules’ performance loss rates during the burn-in period of perovskites ranged between 7% and 8% per month.

The green hydrogen hub is being jointly developed by NTPC Green Energy Ltd, the renewable arm of NTPC, and New & Renewable Energy Development Corp. of Andhra Pradesh (NREDCAP), the state nodal agency for implementation of renewable programme in Andhra Pradesh.

The result was confirmed by the Shanghai Institute of Microsystem and Information Technology under the Chinese Academy of Sciences (CAS).

Trina Solar has set a world record for solar module efficiency at 25.44%, verified independently by the CalLab at Fraunhofer ISE.

Huasun has launched its 720 W Kunlun G12 dual-glass bifacial solar panels for vertical PV projects at the World Future Economic Summit in Abu Dhabi. The panels feature a 23.2% power conversion efficiency and enhanced mechanical stress resistance with a steel alloy frame.

Ace Green Recycling plans to establish 10,000 metric tons of lithium iron phosphate (LFP) battery recycling capacity per year in India by 2026.

The 5-acre manufacturing facility at Chakan, Pune, will produce lithium-ion batteries for electric vehicles, battery energy storage systems and other applications.

After tumbling to record low in 2024 on the back of lower metal costs and increased scale, lithium-ion battery prices are expected to enter a period of stabilization.

Sodium-ion batteries, with the abundance of input materials, make a viable choice for India to reduce its reliance on imports to meet its energy storage needs, says a new report.

The plant features 12 reversible pump-turbine units, each with a capacity of 300 MW, including two variable-speed units, bringing the total installed capacity to 3.6 GW.

Envision will supply 200 units of its EN182|5MW wind turbine generators and a 320 MWh energy storage solution powered by high-performance (315Ah) Lithium-ion cells.

With the growing integration of renewable energy solutions in power grids, the demand for efficient energy storage solutions is only set to grow. Taking cognizance of the advancements in battery technology, India today stands at the cusp of a major revolution.

The Global Energy Alliance for People and Planet (GEAPP) has strengthened its partnership with International Solar Alliance (ISA) by signing ISA’s Multi-Donor Trust Fund, which aims to mobilize $100 million to fund high-impact solar energy projects.

Solis has introduced three-phase energy storage inverters, in a power range from 29.9 kW to 50 kW, for commercial-scale solar energy storage applications.

Innovative models that provide pay-as-you-go solar systems, peer-to-peer energy trading, and crowdfunding platforms could expand access to renewable energy for underserved communities.

India’s renewable energy sector symbolizes hope—for environmental sustainability, economic growth, and global leadership. However, poor execution could derail this vision. The renewable energy industry cannot afford to repeat mistakes seen in infrastructure, where overcommitting and underdelivering have compromised credibility and delayed progress.

The demand for renewable energy project managers, battery storage specialists, and wind energy technicians is set to grow significantly in 2025. Additionally, positions in solar plant operations, maintenance, and technical roles will remain highly sought after.

Countries worldwide are increasingly implementing customs duties as a strategy to curb imports, protect local industries, and promote domestic growth. These sanctions are only expected to increase further as China continues to dominate the solar manufacturing space.

As the electric vehicle (EV) ecosystem extends its footprint, maintaining reliability and efficiency is becoming one of the pressing concerns for industry stakeholders. To achieve this, strategic collaborations with the government and private sectors are being made in a bid to optimise energy distribution based on grid capacity and user demand.