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Highlights

Gensol Engineering secures 22 MW C&I solar PV project in Punjab

Gensol Engineering Ltd has secured a 22 MW ground-mount solar PV project with an order value of INR 88 crore from a steel company in Punjab.

Trump touts solar trade tariffs

While the Inflation Reduction Act (IRA) is reshoring solar manufacturing in the United States, raising import tariffs may slow momentum. The actions of the incoming Trump administration are tough to forecast at this point.

Shift to 2 kV voltage in solar projects tipped to gain traction

Amid record-low prices for solar modules, the focus of cost reduction for utility-scale solar projects is shifting to non-module balance-of-system (BoS) expenses. A transition from 1.5 kV voltage to 2 kV in solar projects is expected to gain traction through 2030.

IMFA forms joint venture with JSW Green Energy

Indian Metals & Ferro Alloys Ltd has formed a joint venture with JSW Green Energy to set up a hybrid wind-solar power plant for self-consumption.

Grew Energy to supply 500 MW of PV modules for Jindal Renewable’s solar project

Grew Energy will supply PV modules for Jindal Renewable’s upcoming solar project to power steel production.

Reliance Power arm secures LoA for 930 MW solar with 465 MW/1,860 MWh battery storage

This is India’s single largest project of solar and battery storage system.

India’s green hydrogen leap presents INR 8-10 trillion opportunity

India’s target of achieving 5 million tonnes per annum of green molecule production by 2030 presents an investment opportunity of INR 8-10 trillion across building the infrastructure for electrolyzer production, renewable energy generation and green molecule production.

RMC Switchgears secures 5,000 solar pump order in Maharashtra

RMC Switchgears has secured the order to supply, install and commission 5,000 solar pumps in Maharashtra.

Israeli strikes destroy 150-200 MW of solar in Lebanon

Israel’s recent strikes have reportedly destroyed or damaged 400,000 to 500,000 solar panels, costing Lebanon an estimated 150 MW to 200 MW of installed solar capacity, according to Pierre El Khoury, former director and president of the Lebanese Center for Energy Conservation (LCEC).

China approves polysilicon futures

The China Securities Regulatory Commission (CSRC) has approved polysilicon derivatives to address rising price volatility and structural imbalances between supply and demand in the solar-grade polysilicon market.

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