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Rajasthan’s 500 MW/1 GWh battery storage tender yields lowest price of INR 2.16 lac/MW/month

NTPC Vidyut Vyapar Nigam Ltd (NVVN)’s tender for 1,000 MWh (500 MW x 2 hours) of standalone battery energy storage systems (BESS) with viability gap funding in Rajasthan has resulted in winning prices ranging from INR 2.16 lakh/MW/month to INR 2.19 lakh/MW/month.
Highlights

ACME Solar secures INR 1,072 crore refinancing for 250 MW operational project in Rajasthan

The 250 MW solar project has been operating for 18 months and achieved annual capacity utilization factor (CUF) of 29.3% in FY 2025.
Installations

Waaree Renewable Technologies secures 100 MWp solar EPC project in Vietnam

Waaree Renewable Technologies Ltd has signed a non-binding Memorandum of Understanding (MoU) with Viet Khanh Joint Stock Company to execute a 100 MWp solar PV power project on a turnkey engineering, procurement, and construction (EPC) basis in Vietnam.
Announcements

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Climate Change

Ireland shuts last coal plant, becomes 15th coal-free country in Europe

Moneypoint in County Clare, Ireland, joins the ranks of other European nations exiting coal by shutting off power generation at its sole remaining coal plant. Industry observers say Ireland’s increased renewable energy generation in recent years, parti...
Energy Storage

Attero to invest INR 100 crore to scale rare earth element recycling capacity to 30,000 tonnes

Attero will invest INR 100 crore to expand its rare earth element (REE) recycling capacity from the current 300 tonnes to 30,000 tonnes annually over the next 12 to 24 months.
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Highlights

Waaree clarifies it’s not moving away from Odisha

"Construction activities are actively ongoing, and contracts for the Odisha [solar manufacturing] facility have been duly awarded and are being executed as planned,” said Dr. Amit Paithankar, CEO and Whole-time Director of Waaree Energies.
Markets & Policy

Waaree Energies board approves change in 6 GW ingot-to-solar module fab location

Waaree Energies board of directors has approved a change in the location of its 6 GW ingot-to-solar module manufacturing project from Odisha to multiple sites across Gujarat, Maharashtra, and other potential states.
Highlights

ACME Solar secures PPA with NHPC for 250 MW FDRE project in Rajasthan

ACME Solar has signed a 25-year power purchase agreement with NHPC Ltd for its 250 MW Firm and Dispatchable Renewable Energy (FDRE) project in Rajasthan.

Markets & Policy

Featured

The role of advanced transformers in India’s green transition

Without resilient, responsive, and renewable-ready transformer networks, India’s decarbonization goals risk being destabilized by the very variability they aim to harness.

US panel price spread widens between India and Indonesia/Laos origin

In a new weekly update for pv magazine, OPIS, a Dow Jones company, reports that US-assembled modules with imported cells continue to be heard between $0.26/W and $0.33/W, while modules with domestic content – which are still limited to just a handful of producers – are generally quoted between $0.4/W and $0.5/W.

Solar module prices in Europe falling with no clear trend in sight

Solar module prices in Europe have fallen by up to €0.01 ($0.01)/W this month, according to pvXchange.com, as the PV market shows resilience amid policy uncertainty and geopolitical risks.

Monetizing hydrogen and green infrastructure in emerging markets – an EPC perspective  

Emerging markets face significant obstacles in the production of green hydrogen, primarily high production costs and limited access to funding. It is crucial for firms to establish strong financial structures to ensure the success of their projects. 

India, Spain sign green hydrogen MoU

The Hydrogen Association of India (HAI) and the Spanish Hydrogen Association (AeH2) have signed a Memorandum of Understanding (MoU) to foster cooperation and collaboration in the field of green hydrogen.

The Hydrogen Stream: NTPC hands over five hydrogen fuel cell buses to Leh Administration

This marks India’s first commercial deployment of hydrogen fuel cell buses and the world’s highest-altitude green hydrogen mobility project.

Installations

Featured

SECI launches tender for 1.2 GW solar with 600 MW/3,600 MWh energy storage

The Solar Energy Corp. of India Ltd (SECI) has issued a tender for the development of 1.2 GW of interstate transmission system (ISTS)-connected solar power projects, integrated with 600 MW/3600 MWh of energy storage systems (ESS), on a build-own-operate (BOO) basis. Bidding will close on August 20.

New study estimates India’s solar potential at 10,830 GW

A new study by The Energy and Resources Institute (TERI) has estimated India’s total solar potential at 10,830 gigawatts (GW), significantly higher than the previous 2014 assessment of 748 GW by the Ministry of New and Renewable Energy (MNRE). The study revisits conventional solar deployment areas such as barren and unculturable lands and explores additional avenues to expand the country’s solar potential.

U.S. residential solar on the brink of collapse

Residential solar is on a downturn, and things may get worse. In a shock for the industry, the latest draft of the “One Big Beautiful Bill Act” excludes residential solar lease providers from the Investment Tax Credit.

Raminfo secures INR 474 crore rooftop solar order from RRECL

The project involves the design, supply, erection, testing, commissioning, and 25-year comprehensive operation and maintenance of rooftop solar systems with a total capacity of 73 MW. These systems will be installed on buildings owned by the Rajasthan State Government and its undertakings.

NTPC extends bidding for 250 MW solar project in Bikaner

NTPC Renewable Energy Ltd (NTPC REL) has extended the bidding deadline for the EPC contract of a 250 MW grid-connected solar project in Rajasthan’s Bikaner district. Bids can now be submitted until July 15.

Different dust, different impact on PV module performance

Scientists in Germany have collected dust from Qatar, Morocco and Thailand to analyze the impact on the performance of uncoated solar glass and uncoated PV mini-modules. Their analysis has shown that dust coverage could range from 4% to 60%.

Technology

Featured

Avaana Capital draws first tranche of Green Climate Fund’s $24.5 million commitment

This marks Green Climate Fund’s first venture capital investment in India’s deep-tech ecosystem.

Tata Elxsi, Infineon partner to develop ready-to-deploy EV solutions

The partnership focuses on developing scalable battery management systems, bi-directional onboard chargers and other EV systems for two-wheelers, three-wheelers, passenger vehicles, and commercial vehicles in the Indian market.

Understanding P50, P90, and P99 in solar energy

In the solar energy sector, P50, P90, and P99 represent the probability that a project will generate at least a certain amount of electricity in a given year. This article explains what these probabilities mean, why they are important, how they are calculated, and how to use them.

Indian scientists build 29.14%-efficient tandem solar cell with inverted top perovskite device

The researchers said they optimized the low-bandgap inverted perovskite cells through a passivating aluminum oxide (Al2O3) interlayer deposited via atomic layer deposition (ALD), which significantly helped improve device efficiency.

Hygenco breaks ground on green ammonia plant in Odisha

Strategically located at the Gopalpur port hub, the plant will meet both domestic and global demand for green ammonia—enabling decarbonization across key industrial sectors.

Perovksite-TOPCon tandem solar cell based on self-assembled monolayer achieves 31.1% efficiency

Researchers in China have fabricated a perovskite-TOPCon solar cell with a top perovskite device utilising a self-assembled monolayer aimed to improved cell stability. The tandem cell achieved a high fill factor and a certified efficiency of 30.9%.

Manufacturing

Featured

Trina Solar reveals 841 W perovskite-silicon tandem PV module prototype

China’s Trina Solar has unveiled a perovskite‑silicon tandem solar module prototype delivering 841 W and 27.1% efficiency, based on 210 mm tandem cells.

Delta Electronics secures 1 GW solar inverter order from KP Group

Delta Electronics will supply solar inverters, energy storage, green hydrogen systems, and EV charging infrastructure for KP Group’s clean energy projects across India and overseas.

Indosolar shares to resume trading from Thursday

Solar manufacturer Indosolar Ltd’s equity shares will resume trading on the stock exchanges from Thursday, June 19, 2025. The shares will be listed under the ‘T’ Group of Securities and will trade under the scrip ID WAAREEINDO.

INA Solar plans 3 GW PV cell line in Madhya Pradesh

The company expects to start operations on the 3 GW solar cell line by the first half of fiscal 2027.

Solar panel recycling plan urges repair, reuse first

Australia’s rooftop solar industry has renewed calls for a mandatory recycling scheme to deal with the growing problem of solar panel waste. Only about 10% of panels are currently recycled. The rest are stockpiled, sent overseas or dumped in landfill.

ReNew Q4 profit soars 415% YoY on solar manufacturing boost

ReNew’s net profit for the quarter ended March 31, 2025 surged 415% year-on-year to INR 313.7 crore ($37 million) with external sales of solar modules and cells alone contributing INR 220 crore.

Energy Storage

Featured

Hindustan Power secures LOI for 120 MWh battery energy storage project in Bihar

Hindustan Power has secured a Letter of Intent from Bihar State Power Generation Co. Ltd to develop a 120 MWh standalone battery energy storage system across three critical grid substations in Bihar.

Swiss developer breaks ground on 1.6 GWh redox flow storage project

The redox flow project has enormous storage capacity, expected to be finished in mid-2028.

Electric two- and three-wheelers already cheaper to own than petrol variants: CEEW

Electric two-wheelers have a lower total cost of ownership (TCO) of INR 1.48/km than INR 2.46/km for petrol models. Three-wheeler EVs cost INR 1.28/km versus INR 3.21/km for petrol.

Volks Energie wins second BPCL contract for solar plus lithium battery storage project

Volks Energie will deploy a solar-plus-storage system to provide off-grid power backup for the control stations and operational infrastructure of BPCL’s Irugur-Devangonthi Pipeline project.

SECI launches tender for 2 GW solar with 1 GW/4 GWh storage

Solar Energy Corp. of India (SECI) has issued a tender for the development of 2 GW of grid-connected solar projects integrated with 1 GW/4 GWh of energy storage. Bidding closes on July 22.

Why LFP batteries are gaining traction in India’s EV ecosystem 

Leading EV manufacturers and battery suppliers in India are increasingly adopting Lithium Iron Phosphate (LFP) battery technology for entry-level and mid-range EVs. This is due to a balance of cost, safety, and durability that fits the Indian market’s practical needs. 

Opinion & Analysis

How renewable energy is reshaping India’s job market 

The renewable sector has gradually become a hotbed for innovation, investment, and intellectual capital. The transformation is well underway, and while it may not be loud, it is deeply consequential. As India powers its future through the sun, wind, and water, it is also building a workforce ready to meet that future

Why solar power can’t just be industries’ CSR afterthought

Companies that treat solar as a core part of their energy strategy, rather than a side initiative, often see these benefits play out with striking clarity. The investment case is strong. In most cases, payback happens within five to seven years. After that, solar becomes a net-positive contributor to the balance sheet.

How the EU’s Omnibus will impact Indian companies?

The Omnibus Proposal’s sustainability mandates can either unlock new market opportunities and enhance India’s global standing, or create trade barriers that can damage brand’s reputation and hamper profits. Indian businesses can’t afford to ignore this shift.

China polysilicon prices fall 11.76% since early April peak

In a new weekly update for pv magazine, OPIS, a Dow Jones company, reports thatglobal polysilicon negotiations remain challenging, as buyers and sellers continue to struggle to reach agreements on pricing amid a persistent supply-demand imbalance. Furthermore, it reveals that China’s polysilicon futures market could imply a further 13% drop for Nov 2025 delivery contracts.

Financing India’s clean energy transition 

To effectively meet its clean energy and net zero targets, India must address the current limitations in its green financing models. Additionally, the lenders must take into account sector specific risks.

Why battery design is one of the core challenges for recycling companies?

While transitioning to renewable energy and widespread adoption of batteries is a must, recycling cannot be an afterthought. It must be built into design and supply chain decisions.

Press Releases

Startupbootcamp Australia partners with BRK Ventures to launch Pre-Accelerator Program for Energy Transition Startups

Startupbootcamp India (SBC India)  has been set up as a joint venture between  Startupbootcamp Australia, a global network of industry-focused accelerators, and BRK Ventures, an organization focused on supporting early-stage startups.

REC Limited Wins ASSOCHAM CSR and Sustainability Award 2024 for ‘Excellence in Providing Support to Healthcare’

REC Limited, a Maharatna CPSU and a leading NBFC under the Ministry of Power, Government of India, has been conferred with the ASSOCHAM CSR & Sustainability Award 2024 in the category of ‘Excellence in Providing Support to Healthcare. ’

Neuron Energy Unveils Gen 2 Lithium-Ion Battery Packs for 2-Wheelers, 3-Wheelers & LCVs

Neuron Energy, a leading manufacturer in advanced battery solutions for electric vehicles, announced the launch of its next-generation lithium-ion battery packs — the Gen 2 Series, which is designed specifically for electric 2-wheelers, 3-wheelers, and light commercial vehicles (LCVs). These new battery packs will be commercially available starting July 2025, pan-India.

IIIT Hyderabad and KIET Sign MoU to Launch Smart City Living Lab with Integrated Net-Zero Dashboard at KIET Campus

The collaboration aims to bring cutting-edge research, real-time urban solutions, and emerging technologies to the forefront by establishing a Smart City Living Lab at the KIET campus and extending the same to Kakinada Smart City.

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