Following the implementation of Approved List of Cells and Manufacturers (ALCM), the expected shortage of DCR modules is likely to hamper the execution of nearly 20–25 GW of green open access projects over the next 2-3 years. Concurrently, the high prices of DCR modules will also increase the project power tariff by up to INR 0.4 – 0.5 per unit.

The factory, spread across 180,000 sq. ft., is capable of producing over 1,800 transformers annually, significantly expanding the company’s ability to serve key markets in India, Europe, and the United States.

India’s solar module manufacturing capacity has reached around 100 GW, enough to meet domestic demand. However, with total module capacity rising to 190 GW by March 2027 and export opportunities narrowing, the market faces oversupply crisis, states a new report by SBICAPS.

The Australian Renewable Energy Agency has launched a AUD 500 million ($324 million) initiative aimed at supercharging Australia’s battery manufacturing industry and seizing opportunities associated with the global renewable energy transition.

India has drawn billions of dollars into renewable infrastructure from global institutional investors, private equity firms, and corporate stakeholders. Initiatives such as the National Solar Mission, coupled with predictable tariff structures and streamlined regulatory mechanisms, have created a conducive environment for capital deployment.

NTPC Green Energy Ltd today announced the commissioning of 212.5 MW of solar capacity at Khavda, Gujarat, through its wholly owned subsidiary NTPC Renewable Energy Ltd (NREL).

State-owned coal miner NLC India Ltd (NLCIL) is set to fully commission its 300 MW Barsingsar solar power project in Rajasthan by the end of September 2025.

Servotech Renewable Power System Ltd has secured an INR 28.84 crore contract from the North Western Railway, Jaipur Division, to install and commission 7.3 MW of on-grid rooftop solar capacity. Under the project, Servotech will handle the complete execution of rooftop solar PV systems of varying sizes across multiple sites.

Waaree Energies Ltd has issued a clarification regarding recent media reports suggesting that its deal for acquisition of Enel Green Power India is on the verge of collapse. In a regulatory statement, the company stated that certain commercial terms of the agreement are under review and the company is in discussions for the same.

Reliance Infrastructure Ltd has received the Letter of Award (LoA) from state-owned power producer NHPC for a 390 MW solar power project integrated with battery energy storage.

Chinese researchers, led by a research team from PV Technology Center of Tongwei Co., Ltd, used a sequential annealing process in the fabrication of tandem solar cells, featuring a wide bandgap perovskite top cell on a fully-textured commercial crystalline silicon heterojunction bottom cell. The resulting device had a certified power conversion efficiency of 31.4%, outperforming a 29.43%-efficient control cell.

Indian researchers simulated a novel pairing of a CsGeI3 lead-free halide perovskite top cell with a copper-indium-gallium-selenide bottom cell. The resulting tandem device has the potential to achieve a power conversion efficiency of 26.06%

On the occasion of India’s 79th Independence Day, Prime Minister Narendra Modi unveiled India’s roadmap to energy self-reliance, highlighting key milestones in solar energy and green hydrogen.

The integrated system is claimed to efficiently provide dynamic load balancing, while supporting demand-side management and future smart grid applications. The heat pump technology comes from Mitsubishi’s Ecodan, Mr. Slim, and M heat pump series, which Evhacs modified for integration with the EV charger.

Jakson Green has emerged as the successful bidder in Solar Energy Corp. of India’s (SECI) 6th green ammonia auction, securing a capacity of 85,000 tonnes per annum (tpa) at a record-low price of INR 50.75 per kg.

InfoLink Consulting says global module shipments rose 10% to 247.9 GW in the first half of 2025, with JinkoSolar narrowly pushing past Longi and tunnel oxide passivated contact (TOPCon) tech accounting for more than 94% of the total.

Insolation Green Energy has commenced commercial operations at its new 3 GW PV module manufacturing plant in Rajasthan.

Vikram Solar Ltd’s Initial Public Offering (IPO) received a strong response on Day 1, with the non-institutional investors’ portion subscribed 3.84 times and the retail portion 1.37 times.

Tindo Solar, Australia’s lone producer of PV modules, has officially released a new generation of TOPCon N-type solar panels, including an all-black version featuring an output of 475 W and conversion efficiency of 21.9%.

The Solar Energy Corp. of India (SECI) has successfully concluded its seventh green ammonia auction under Mode-2A of the SIGHT Scheme, allocating a capacity of 50,000 metric tonnes per annum (tpa) at a discovered price of INR 51.89/kg.

Torrent Gas will blend green hydrogen up to 2% with natural gas in its city gas distribution (CGD) network and supply the blend to domestic households, CNG stations, and industries in the region.

Chinese manufacturer Anker Solix has introduced the Solarbank Multisystem, along with a Power Dock control unit enabling parallel operation of up to four battery storage units.

The hybrid renewable energy project delivers 7.5 MW of round-the-clock clean power to UltraTech’s cement manufacturing unit through co-located solar, wind, and battery storage components.

PNC Infratech has received a Letter of Award (LoA) from NHPC for the development of a 300 MW interstate transmission system (ISTS)-connected solar power project, integrated with a 150 MW/600 MWh energy storage system.

ReNew Energy Global has reported a net profit of INR 5,131 million for the first quarter of fiscal year 2026 (Q1 FY26), marking a 13-fold increase from INR 394 million in Q1 FY25. A significant portion of the profit—INR 3,562 million—was contributed by external sales from the company’s solar module and cell manufacturing business.

The economics of solar have evolved significantly. With declining panel costs and robust government support—through schemes like the PM Surya Ghar Muft Bijli Yojana and PM-KUSUM—solar is now a financially viable solution for municipalities and citizens alike.

Trade is only half the story, the bigger opportunity lies in green finance. Indian renewable energy projects require an estimated $250 billion in capital by 2030. The UK, home to one of the world’s most mature green finance ecosystems, including institutions like the Green Investment Bank and large ESG-focused funds, is ideally positioned to bridge this gap.

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.

As global investors, consumers, and regulators demand deeper climate accountability, India’s position as a manufacturing and export hub will increasingly hinge on how credibly its businesses can measure and manage emissions. That credibility will come not from declarations, but from data.

The true breakthrough is when smart grids connect with solar power together. That connection opens up a lot of possibilities. Smart grids will tell us what a solar energy system can produce by predicting the weather and adjusting the transfer of electricity in real time.