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Waaree Energies arm signs 50 MW alkaline electrolyzer agreement with ZFI

Waaree Clean Energy Solutions will deploy, own and operate alkaline electrolyzer stacks for Zero Footprint Industries Ltd’s decentralized green hydrogen projects across northern India over the next five years. The renewable-powered hydrogen produced will support decarbonization of process industries and inland transport applications.
Installations

Pace Digitek secures INR 1,587 million telecom battery order from Reliance Industries Ltd

Pace Digitek Ltd’s arm Lineage Power has received an order from Reliance Industries Ltd for the supply of high-capacity lithium-ion battery packs. Under the agreement, Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314Ah Lithium-Io...
Energy Storage

ESS Tech acquires VoltStorage GmbH to expand long-duration energy storage

US-based ESS Tech has acquired the assets and intellectual property of Germany’s VoltStorage GmbH to strengthen its long-duration energy storage (LDES) portfolio and combine two iron-based flow battery technologies.
Announcements

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Battery Business & Development Forum 2026

Connect with Europe’s energy storage leaders at the Battery Business & Development Forum 2026 in Frankfurt (March 31–April 1) and gain insights into evolving business models, financing strategies, and market trends

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SunRise Arabia Clean Energy Conference 2026

Join the 3rd SunRise Arabia Clean Energy Conference on April 22, 2026, in Riyadh to explore how solar PV and energy storage are powering the Kingdom’s growing digital economy — including data centers. Secure your spot at the early-bird rate.

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Training on UL 9540A, NFPA 855, and large-scale fire validation of 6.25 MWh BESS containers (US focus)

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Training on UL 9540A, NFPA 855 and large-scale fire validation of 6.25 MWh BESS containers (Global focus)

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Markets & Policy

Suzlon strengthens leadership to support full-stack renewable expansion

Suzlon has formed a Group Executive Council (GEC), elevated JP Chalasani to the GEC, and appointed a new group CEO to drive its business transformation from a wind energy solutions provider to a full-stack renewable energy solutions conglomerate.
Installations

Hycosys raises $1 million from MGF Kavachh to develop hydrogen-compatible micro gas turbines

The seed round will aid in accelerating system integration, pilot deployments, and fuel the commercialisation roadmap of the Hycosys' indigenous hydrogen-compatible micro gas turbine platform with applications across distributed power, aerospace and mobi...
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Highlights

Inside the PV recycling black box

How PV modules are treated at the end of their life is an increasingly important issue, but some recycling practices leave a lot to be desired. Scott Azevedo from Intertek CEA explores how asking the right questions, paying closer attention to end-of-lif...
Highlights

RenewSys secures 125 MWp TOPCon solar module order from ENGIE

RenewSys India has entered an agreement with ENGIE for the supply of 125 MWp of TOPCon solar PV modules. The module deliveries are scheduled between February 2026 and June 2026.
Installations

Global-warming-induced degradation could raise rooftop solar LCOE by up to 20%

A global study finds climate change will sharply increase high-temperature risks, accelerate degradation, and raise costs for rooftop PV, with economically disadvantaged regions hit hardest. Researchers warn current IEC standards underestimate future ris...

Markets & Policy

Featured

Solar module prices rise faster than expected in February

Solar module prices increased by €0.01 ($ 0.012)/W to €0.015/W in February, lifting levels 15% to 18% above the December 2024 low despite falling wafer costs, as manufacturers seek to restore margins after prolonged losses.

From panels to complete energy systems: The evolution of India’s rooftop solar market

Rooftop solar is moving from being a supplementary solution to becoming a central component of India’s energy architecture. The next phase of growth will not be defined by panel installations alone but by how effectively generation is integrated with storage, digital intelligence, and grid infrastructure.

India’s electricity transition unfolds unevenly across states

A new report by IEEFA and Ember finds that India’s electricity transition is unfolding differently across states, shaped by variations in resource endowments, development pathways, and institutional capacities. While some states are already leading in renewable energy deployment and grid readiness, others are building momentum, presenting significant opportunities for accelerated progress through targeted, state-specific policy interventions.

Clean Max Enviro Energy raises INR 921 crore from anchor investors

Clean Max Enviro Energy Solutions has raised INR 921 crore from anchor investors ahead of its initial public offering that opens for public subscription today (Feb. 23, 2026).

China wafer prices fall for fourth week as discounting deepens under inventory pressure

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.

The effects of solar module elevation on ground-mounted PV

Scientists in Hungary found that ground-mounted PV modules at an intermediate elevation of 1.1 m achieve the highest efficiency and power output due to improved airflow and reduced cell temperature. Their study also estimated a levelized cost of electricity of $0.0843/kWh and 577.78 kg CO₂ mitigation over 25 years, while noting results are specific to concrete surfaces.

Installations

Featured

Solar LCOE to fall 30% by 2035, says BloombergNEF

Analysis from BloombergNEF finds the levelized cost of electricity (LCOE) of a typical fixed-axis solar farm increased by 6% year-on-year in 2025 to stand at $39/MWh, but innovation and competition are expected to see costs fall by 30% through to 2035.

Corporate PPA deals down 10% in 2025 as AI demand plugs gaps

BloombergNEF global report finds corporate clean energy procurement fell in 2025 for first time in nine years amid negative pricing and policy uncertainty. Big Tech leads procurement as number of cPPA offtakers halved in the United States. Solar remains the top generating technology for cPPAs.

Panasonic debuts fuel cell cogeneration system for PV‑integrated homes

Panasonic has launched a new home fuel cell system for detached houses, designed to boost solar self-consumption through HEMS‑based smart scheduling. The unit generates electricity and heat from gas, supports demand response, and can supply emergency power during outages.

India must leverage its mature renewable energy base to sustainably power its global AI data centre hub ambitions: Deloitte report 

India’s expanding renewable energy base and clean power can play a central role in supporting the next phase of data center growth, supported by smarter power sourcing, stronger grid readiness and coordinated policy action to ensure reliable and sustainable energy at scale, says a new report by Deloitte Asia Pacific.

NTPC REL commissions additional 165 MW at Khavda-II solar PV project

Following the commissioning of the first 210 MW phase, NTPC Renewable Energy Ltd, an arm of NTPC Green Energy Ltd, has commissioned an additional 165 MW at its 1,200 MW Khavda-II solar PV project in Gujarat.

“We’re ready to support our customers’ energy transition—whether from electrons or molecules”: Thermax executive VP

Arun Unni, Executive Vice President and Business Head – New Energy & Head of Strategy at Thermax, speaks to pv magazine about the evolving green hydrogen market, electrolysis economics, and the company’s ambitions in this space through global technology tie-ups. He also discusses the emerging carbon credit trading system and new opportunities for Thermax in biomass, sustainable fuels, and round-the-clock renewable energy solutions.

Technology

Featured

TEXMiN, Russia’s GIREDMET ink pact on rare earth and critical mineral technologies

The TEXMiN Foundation, IIT (ISM) Dhanbad, has signed an MoU with GIREDMET State Research and Design Institute of Rare Metal Industry, Russia, to collaborate on rare earth processing, critical minerals, advanced materials, and translational research across the mining value chain. The partnership will also focus on hydrometallurgical recycling technologies for lithium-ion batteries to recover valuable metals.

NexWafe, Talon PV sign 7 GW solar wafer supply agreement

Under the terms of the deal, Germany’s NexWafe will supply its ultrathin solar wafers to Talon PV’s planned 4.8 GW TOPCon solar cell manufacturing plant in Texas. Initial qualification work will take place at a pilot production line at Fraunhofer ISE’s Photovoltaic Technology Evaluation Center.

Global Energy Alliance announces $25 million Grids of the Future Accelerator platform

The Global Energy Alliance for People and Planet has launched the India Grids of the Future Accelerator platform to modernize power distribution, integrate renewable energy and storage, and prepare India’s grids for rapid demand growth.

ISA unveils global mission to help 120+ member countries fast-track AI-enabled clean energy

The International Solar Alliance (ISA) convened a high-level session at the India AI Impact Summit 2026 to advance global dialogue on the transformative role of Artificial Intelligence (AI) in the clean energy transition.

Advait Energy Transitions posts consolidated revenue of INR 486.33 crore for 9MFY26

Advait Energy Transitions Ltd has reported strong financial performance for the third quarter and first nine months of FY26, driven by execution momentum across its power transmission solutions and new & renewable energy businesses.

Advait Greenergy signs MoUs for green hydrogen technology, storage, and EPC

Advait Greenergy has partnered with electrolyser technology providers Switzerland-based CENMAT and US-based Power to Hydrogen Inc. (P2H2), India-based EPC firm JESCO Projects, and hydrogen storage specialist VJ Industries to support the development of green hydrogen projects in India.

Manufacturing

Featured

Vikram Solar signs 2 GW PV cell deal with Jupiter International

Vikram Solar has signed the agreement to procure 2 GW of high-efficiency TOPCon and mono PERC solar cells from Jupiter International.

SECI launches 870 MWp solar module tender

The Solar Energy Corp. of India (SECI) has issued a tender for the supply of 870 MWp of solar PV modules manufactured using domestically produced cells.

Global utility-scale battery capacity rises 12-fold in 2020-24 period

The global capacity of utility-scale batteries increased more than 12-fold between 2020 and 2024 to 124 GW, while average battery costs fell 58% over the period, according to the Electricity 2026 report from the International Energy Agency (IEA).

IEC-based technical specifications needed for second-life PV module market

The latest report from the International Energy Agency’s Photovoltaic Power Systems Programme says second-life PV modules have the potential to reduce waste and extend the value of solar assets, but their market today remains underdeveloped and requires advances in technical qualifications, scalable reuse infrastructure and supportive policy frameworks.

Nextpower enters multi-year gigawatt-scale steel frame supply agreement with Jinko Solar (U.S.) Industries

Nextpower plans to expand its steel frame manufacturing capacity in the southeastern United States to enable direct supply to Jinko Solar’s module manufacturing facility in Jacksonville, USA.

Centrotherm launches new high-volume TOPCon PECVD tool

The Germany-based PV thermal process equipment and technology provider has launched c.Plasma Q Max to process up to 10,000 wafers per hour in high-volume TOPCon solar cell manufacturing lines.

Energy Storage

Featured

India’s 2030 battery gigafactory ambition: Strengths, bottlenecks and solutions

The number of operational battery gigafactories will increase significantly, with more than 30 manufacturing sites expected to be in operation by 2030, targeting a total production capacity exceeding 290 GWh. However, challenges such as raw material and skilled labor shortages, insufficient R&D investment, and a lack of long-term strategic planning remain.

World’s largest solar-plus-storage project completes initial grid synchronization

The first phase of the MTerra solar project in the Philippines, set to be the world’s largest solar-plus-storage site once completed, has achieved initial synchronization and energization to the Luzon grid. Project developers are anticipating the project to being exporting power by the end of the month.

Maxvolt Energy partners IIT Roorkee to develop AI‑driven BMS for energy storage and electric mobility solutions

Maxvolt Energy, a Ghaziabad-based lithium battery pack manufacturer, has signed a memorandum of understanding (MoU) with the Indian Institute of Technology (IIT) Roorkee to jointly develop an AI‑driven battery management system (AI‑BMS) for next‑generation energy storage and electric mobility solutions.

Adani commits $100 billion to renewables-powered AI-ready data centres 

Adani Group has announced an investment of $100 billion to develop renewable-energy-powered, hyperscale AI-ready data centre capacity in India by 2035.

AM Group commences development of 1 GW AI compute facility backed by round-the-clock renewables

AM Group has commenced development of its 1 GW AI and High-Performance Computing data center project in the Indian state of Uttar Pradesh. The facility will be powered by firm and on-demand carbon-free energy at competitive tariffs enabled by renewable generation and pumped storage assets managed through an in-house intelligent cloud energy architecture.

Greenzo Energy, Lord’s Mark Industries to collaborate on 60 MW green hydrogen projects in Uttar Pradesh

Greenzo Energy India and Lord’s Mark Industries have signed a Memorandum of Understanding (MoU) to jointly develop around 60 MW of green hydrogen capacity, along with integrated solar rooftop projects coupled with battery energy storage systems.

Opinion & Analysis

Featured

Polysilicon transactions remain subdued amid buyer hesitancy

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.

India’s blueprint for sustainable solar success

By embedding quality benchmarks into procurement and manufacturing incentives, policymakers are ensuring that India’s energy transition is durable, not disposable. The focus has moved from rapid installation to long-term reliability — a sign of sectoral maturity.

UV testing, solar cell factory inspection now mandatory for Munich Re’s PV warranty insurance

The world’s largest reinsurer has recently introduced stricter requirements for PV warranty insurance to further de-risk insured PV parks and set a higher benchmark for industry wide reliability and production quality.

China TOPCon solar module prices ease after 4-week rally on silver pullback, holiday slowdown

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.

Why corporate relations will define the green energy future

Green energy development today is being undertaken in a complex environment that is influenced by long-term capital commitments, changing regulation, and greater public and investor scrutiny. In this context, corporate relations is no longer restricted to disclosures, or media relations. It has become a strategic function that affects the way organisations are understood, evaluated and trusted over the course of time.

Why transformers are the unsung heroes of India’s green revolution

We are preparing for a future where transformers are dynamic energy hubs, stabilizing a grid that is constantly fluctuating between charging EVs and absorbing solar export.

Press Releases

Odisha’s Critical Minerals Sector Set to Hit $18-20 Billion by 2032; Processing and Manufacturing Share to Quadruple, Says Study

A new study reveals Odisha’s mineral production value is expected to skyrocket from $8 billion in 2025 to $18-20 billion by 2032, with a dramatic shift in the state’s mining, processing, and manufacturing profile, from 40%-10%-5% in 2025 to 50%-40%-30% by 2032, driven by focused policy and industrial investment.

Solex Energy Limited Signals Next Phase of Solar Innovation at The Smarter E India

Solex Energy Limited, one of India’s leading solar module manufacturers and renewable energy innovators listed on NSE: SOLEX, will participate in The Smarter E India 2026, scheduled from February 25–27, 2026 at the Helipad Exhibition Centre, Gandhinagar.

DEE Development Engineers Secures Orders Aggregating to INR 170+ Crore across Domestic and Overseas Operations

Orders include a combined ₹62 Crore for the manufacturing of Critical Piping Systems and ₹26 Crore for the supply of Headers and Vessels from India

Vayona Energy Accelerates Its Growth in India with Over 1 GW Wind Power Orders, Led by a Landmark 702 MW Tata Power Deal

Vayona Energy, a leading wind turbine OEM in India and South Asia, is accelerating its growth in the Indian market on a strong foundation with a landmark 702 MW wind power agreement with Tata Power Renewable Energy Limited (TPREL), one of India’s leading renewable energy companies and a subsidiary of The Tata Power Company Limited.

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