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Highlights

Solarium Green Energy IPO opens this week

The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.

Indus Towers raises 26% stake in 50 MW solar plant for self-consumption

Indus Towers has agreed to acquire a 26% stake in a 50 MW solar plant for captive consumption. The solar plant will be set up by Amplus Tungabhadra.

Union Budget 2025: A bright future for India’s solar industry

With climate change and energy security at the forefront of global concerns, the government has unveiled a series of policy measures and incentives designed to accelerate the adoption of solar power.

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Amid uncertainty, Premier Energies halts plans for U.S. solar cell factory

Premier Energies of India put its plans on hold to build a manufacturing facility in the United States as it waits for “the regime in the U.S. to settle down and be clear on what they want to do.”

PV-powered electric vehicles can have up to 30% higher range

A European research team has installed solar panels on a light commercial electric vehicle and has tested their performance for four months. The vehicle was able to extend the range by 530 km, although not all panels contributed equally. System efficiency was measured at up to 66%.

Premier Energies Q3 profit surges 490.58% YoY

The solar manufacturer had an orderbook of 4,539 MW worth INR 69,461 million as of Dec. 31, 2024, across modules (63%), cells (36%), and EPC services (1%).

Solex Energy commissions 800 MW solar module line

Solex’s new line is tailored for mass production of n-type, rectangular-cell TOPCon solar modules ranging from 585 Wp to 625 Wp.

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Union Budget 2025-26: India focuses on waste-to-wealth to secure lithium battery supply chain

Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.

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Australian study shows pumped hydro and batteries can meet energy storage needs

A new Australian National University study says long-duration pumped hydro on non-river sites, combined with batteries, can meet global energy storage needs.

Global solar module prices mixed on differing demand outlook

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.

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