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Waaree Renewable Technologies doubles revenue and profit in FY26

Revenue from operations for FY26 stood at INR 3,331.42 crore, a growth of 108.51% YoY. Net profit surged 109.09% YoY to INR 478.65 crore.
Installations

ReNew commissions 2.4 GW of renewable energy capacity in FY2026

ReNew commissioned 2.4 GW of renewable energy capacity in FY2026, its highest ever annual addition. The company now has total operating capacity of 12.6 GW, the second largest in the country.
Energy Storage

PUR Energy launches all-in-one lithium battery-based power backup solution for homes

IIT Hyderabad-incubated PUR Energy has launched the PuREPower 3.0 Lite, an all-in-one lithium battery-based power backup solution positioned as a cleaner and more compact alternative to conventional inverter and lead-acid battery combinations for the res...
Announcements

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pv magazine’s global monthly edition offers authoritative reporting, market-driven analysis, and expert perspectives on the technologies, policies, and investments transforming global power systems.

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New Date - SunRise Arabia Clean Energy Conference 2026

Join the 3rd SunRise Arabia Clean Energy Conference on September 30, 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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Join our ticketed webinar on April 29, we will unpack the incident in detail and offer practical strategies to prevent the cyberattack.

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Una nueva era de la electroluminiscencia: diagnósticos de alto rendimiento para inspecciones fotovoltaicas a gran escala

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Holistic design: Ending the relay race in utility-scale PV projects

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Highlights

Enviro Infra’s renewables order book surpasses INR 1,000 crore

Enviro Infra Engineers Ltd (EIEL), an EPC company in water and wastewater treatment, said its total order book exceeds INR 4,600 crore, with more than INR 1,000 crore coming from the renewable energy segment.
Highlights

How to generate hydrogen at home with recycled solar panels

Scientists in Chile have developed a low-cost, easy-to-deploy hydrogen system powered by end-of-life solar panels. The residential solution reportedly achieves a levelized cost of hydrogen of approximately $5.8/kg.
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Highlights

Silver demand from PV industry expected to drop 19% this year

A new report from Metal Focus reveals that global silver market remains structurally tight, with elevated prices, a fifth consecutive annual supply deficit in 2025, and ongoing mine and recycling constraints despite modest production growth. At the same ...
Installations

GAIL to invest INR 3,800 crore in 700 MW of captive solar projects across Uttar Pradesh and Maharashtra

GAIL (India) Ltd, India’s leading natural gas company, has approved the setting up of 700 MW of solar power projects for captive consumption, with an investment of INR 3,800 crore, in the states of Uttar Pradesh and Maharashtra.
Installations

CleanMax signs round-the-clock renewable power supply agreement with textile major

CleanMax has signed a round-the-clock renewable power supply agreement with Sangam India Ltd for a 30 MWp solar and 20 MW wind hybrid renewable project, backed by a 2 MWh battery energy storage system.

Markets & Policy

Featured

PV module prices continue to rise unabated

Photovoltaic module prices have risen for the fourth consecutive month, driven by strong demand for energy independence despite falling upstream costs such as polysilicon. At the same time, production cuts in China and tighter supply conditions are limiting availability, reinforcing price increases across all technologies.

From LPG uncertainty to energy resilience: Why Indian industry is turning to cleaner, more dependable fuel systems

India’s industrial sector is entering a pivotal phase in its energy transition. What was once a routine fuel procurement decision is now becoming a strategic imperative. Rising LPG costs, supply unpredictability, and increasing operational risks are prompting businesses to rethink how they power their operations — not just for efficiency, but for resilience.

Why solar energy is moving from an operational expense to a strategic priority in corporate boardrooms

Businesses today are dealing with constant uncertainty—whether it’s rising power tariffs, fuel price volatility, or supply constraints. Solar brings a level of stability that is hard to achieve otherwise.

The rise of innovative financing models is powering India’s solar expansion

The growing availability of financing options has had a visible impact on solar adoption. States with well-developed financing ecosystems and supportive policies have recorded significantly higher growth in rooftop installations. In some regions, adoption rates have increased multiple times within a short period.

IPO-bound SAEL Industries assigned  ‘A-/Stable/A2+’ Ratings by Crisil

CRISIL Ratings has assigned ‘A-/Stable’ long-term and ‘A2+’ short-term ratings to the bank facilities of SAEL Industries Ltd (SIL), a vertically integrated renewable energy company.

How automation and solar cleaning robots are reshaping the economics of large-scale solar in India

Solar cleaning related operating costs can be reduced by approximately 30 to 40 percent through robotic systems, particularly in high soiling environments. In addition to direct cost savings, consistent cleaning stabilises direct current input to inverters, reducing electrical stress and lowering fault incidence.

Installations

Featured

Solarport launches modular PV carport series

Solarport has launched the modular PowerPark PRO PV carport series, designed to meet UK/EU parking standards and adapt to various site layouts with multiple configurations and orientations.

Cyber threats for PV: What are ransomware attacks and how do they work

Ransomware attacks encrypt or lock critical PV system data and control platforms, preventing operators from accessing or managing their assets until a ransom is paid. These attacks can disrupt operations, reduce energy production, and create safety risks, making robust backups, segmentation, and incident response essential for resilience.

GAIL to set up 600 MW solar project with 550 MWh BESS in Uttar Pradesh

GAIL (India) Ltd has approved the development of a 600 MW greenfield solar project integrated with a 550 MWh co-located battery energy storage system (BESS) in Uttar Pradesh. The estimated project cost is INR 3,294.86 crore, to be financed through a mix of debt and equity.

Managing cyber risks in the era of decentralized energy

The move toward decentralized energy resources offers resilience and flexibility in power generation, but it also introduces new complexities that demand proactive security measures.

World’s largest PV-CSP plant under construction in China

The project combines 1.35 GW of photovoltaic capacity with 150 MW of molten-salt tower concentrated solar power. It is located in Xinjiang and requires an investment of $950 million.

Jakson Group launches rooftop solar kit, battery storage systems

Jakson Group has expanded its energy solutions portfolio with the launch of rooftop solar kit and battery energy storage systems (BESS).

Technology

Featured

AI-enabled hacks expose remote shutdown risk in microinverters

IT security firm Jakkaru has identified a vulnerability in microinverters from AP Systems that could enable a “kill switch” scenario, potentially shutting down tens of thousands of inverters simultaneously and disrupting grid operations.

Tata Power selects Databricks to drive data and AI transformation across its operations

Tata Power has announced the enterprise-wide adoption of the Databricks platform to accelerate its data and AI transformation, aiming to improve operational efficiency, decision-making, and digital innovation across all its business clusters.

Beyond the trilemma: Why the Global South needs a new energy framework

For decades, the “energy trilemma” – balancing energy security, affordability, and environmental sustainability – has shaped how nations think about energy strategy. For much of the Global South, it has served as a practical compass. But today, that compass may no longer be sufficient.

Indian startup launches plug-and-play hydrogen cooking unit

Indian clean-tech startup Greenvize has launched a compact hydrogen-based cooking system designed for residential and commercial kitchens. The system integrates a proton exchange membrane (PEM) electrolyser directly into a cooking unit, enabling on-site hydrogen generation from water without the need for storage or distribution infrastructure.

Solar above 60° North: The Arctic as PV’s next frontier

An IEA-PVPS report finds that solar power above 60° North is not only viable but rapidly expanding, driven by cold-climate performance gains, bifacial technologies, and rising energy security needs. While challenges like extreme seasonality, snow, permafrost, and scarce data remain, Arctic PV is emerging as a critical—and technically distinct—frontier for global solar deployment.

Electrospray cooling can boost PV panel performance with minimal water use

Researchers in Turkey optimized electrospray cooling for PV panels, achieving optimal power output with minimal water use and a compact, energy-efficient setup. Their study identified irradiance, flow rate, voltage, and nozzle distance as ideal parameters.

Manufacturing

Reduced graphene oxide boosts stability in perovskite solar modules

Indian scientists have fabricated perovskite mini-modules with reduced graphene oxide interface engineering, achieving 16.6% efficiency and over 1,300 hours of stable operation. The graphene oxide layer improves film quality, reduces defects, enhances charge transport, and enables scalable fabrication, offering a promising route toward efficient and durable perovskite solar modules.

Battery management systems: The software brain powering EV performance and safety 

As electric mobility enters its software-defined era, the Battery Management System is emerging as one of the most strategic enablers of vehicle differentiation. Its role extends far beyond protection; it now determines how efficiently energy is used over long drives, how accurately range is predicted, how safely fast charging is managed, and how well the battery ages over time.

Reliance Industries marks first HJT solar cell inclusion in MNRE’s ALMM List-II

Reliance Industries Ltd has become the first company to secure the inclusion of heterojunction (HJT) solar cells in the Approved List of Models and Manufacturers (ALMM) published by the Ministry of New and Renewable Energy. The enlisted cell manufacturing capacity stands at 1,238 MW per year, covering 210 mm × 105 mm formats with zero-busbar designs. The cells are rated with efficiencies of up to 25.6% and power outputs ranging from 5.28 W to 5.66 W.

India’s behind-the-meter stationary storage market to surpass 39 GWh by 2033, says IESA

A new report by the India Energy Storage Alliance (IESA) and Customised Energy Solutions (CES) projects India’s behind-the-meter (BTM) stationary energy storage market to grow from 32 GWh in annual demand in 2025 to over 39 GWh by 2033.

Chinese module trading slows after export tax rebate cancellation

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.

Vikram Solar hits 10 GW in global module deployments

While most of Vikram Solar’s PV module deployments are in India, the company has exported around 1.5 GW of modules, supporting its presence in 39 countries.

Energy Storage

Featured

ANDRITZ to equip Torrent Power’s 3 GW pumped storage project

ANDRITZ’s scope for Torrent Power's Saidongar-1 Karjat 3 GW open-loop pumped storage project comprises the design, manufacture, installation, testing, and commissioning of ten reversible pump turbines, motor-generators, and related electromechanical equipment. 

Anker Solix launches 7 kWh plug-in battery targeting rooftop solar retrofits

The new Anker Solix Solarbank Max AC steps up from balcony-scale storage with a 3.5 kW inverter, plug-in capabilities for do-it-yourself (DIY) ease of installation, and expandability to 42 kWh, priced from €2,229.

Which power markets are most impacted by the Middle East conflict?

Wood Mackenzie’s latest analysis explores how 13 of the world’s leading power markets are impacted by the current fuel crisis, with those most reliant on fuel imports facing the greatest risk exposure. The consultancy says the average cost of generation is set to increase by $2.30/MWh across these 13 markets if a de-escalation of the conflict enables fuel price moderation in the latter half of 2026, increasing to an average of around $8.30/MWh if current elevated price levels persist through the year.

Battery swapping vs fast charging: Why India will not choose just one 

Battery swapping and fast charging are often positioned as competing solutions. In reality, they are responses to fundamentally different operational needs. 

Utility-scale sodium-ion arrives in Romania

Renalfa Power Clusters plans to combine newly acquired solar and battery assets in Romania into a hybrid project using lithium-ion and sodium-ion storage.

India’s 60% non-fossil energy target hinges on scaling debt financing

India’s ambition to achieve a 60% non-fossil fuel share in its energy mix by 2035 faces a critical financing challenge, with annual investment in renewables, storage, and transmission projected to rise sharply from $68 billion by 2032 to $145 billion by 2035—according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA).

Opinion & Analysis

Featured

U.S.-Israeli conflict with Iran tests solar supply

The U.S.-Israeli conflict with Iran is unlikely to materially affect solar manufacturing projects in the Middle East for now, as most of these investments remain at an early stage. OPIS analyst Brian Ng sees the most immediate risk in logistics. If disruptions persist, shipments of solar products into the region could be delayed and export pricing may turn volatile.

Decarbonising the power value chain: From source to system

Achieving a true net-zero future requires decarbonising every link in the power value chain, from raw materials to the grid.

Cabling the backbone of India’s solar expansion 

In an industry where even a small fraction of a percentage impacts efficiency, it is critical to ensure that all cables used in solar energy applications are UV-resistant, halogen-free, and flame-retardant. This creates a strategic opportunity for domestic manufacturers with vertically integrated manufacturing capabilities, sophisticated quality control programs, and a commitment to sustainability.

Powering India’s next decade: Why energy reliability will define clean transition success?

Indian economy size is likely to surpass $5 trillion by 2030, driven by manufacturing expansion, infrastructure development, and strong economic reforms. However, sustaining that growth requires not just clean energy but also one that is predictable, uninterrupted and dispatchable.

Can India become a global hub for high-voltage equipment manufacturing

For years, India has depended on imports of transformer bushings particularly at higher voltage levels. For India to become a global manufacturing hub, the gaps in product design, manufacturing technology must be addressed with a sense of urgency.

DIY plug-in solar shows $0.65/W potential in US market

Achieving a system cost of $0.65/W through the secondary market and do-it-yourself assembly demonstrates a viable pathway for US plug-in solar to provide immediate utility bill relief to renters and apartment dwellers.

Press Releases

Lubi Industries Partners with SunRisers Hyderabad as Principal Sponsor for IPL 2026

Lubi plans to keep the excitement as craze higher with its two films shot with the SRH players, focusing on the brand & the grandiose fun element mixed with the cricket masala.

GPS Renewables appoints Manan Domadia as Senior Vice President 

GPS Renewables (GPSR), a leading global full-stack, renewable oil & gas company offering technology and project solutions for climate-positive biofuel projects, has appointed Manan Domadia as Senior Vice President, Finance and Banking. He brings over 16 years of experience in finance and capital raising, with a strong focus on renewable energy and infrastructure sectors.

IInvenTiv 2026 Concludes Successfully at IIT (ISM) Dhanbad, Showcasing India’s Strengthening Industry–Academia Collaboration  

45 technology startups, 55+ startup founders, and 200+ student innovators, participated along with 20+ venture capital firms, 60+ industry leaders, and 100+ industry executives

SWELECT Launches Off-Grid Solar Cooking Solution on Tamil New Year

New clean-energy cooking technology enables regular induction stoves to run entirely on solar power — no grid electricity or cooking gas required

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