Markets & Policy

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 next clean-energy boom will be driven not only by renewable generation but by intelligent storage. Tech-enabled, solar-compatible battery energy storage systems (BESS) will make clean energy predictable, resilient, and commercially viable at scale.

Several EV and charging components such as rectifiers, power modules, semiconductors, battery cells and PCBs are still largely imported. These create ecosystem-wide challenges including supply volatility, cost exposure, limited local integration, and scaling constraints. However, these gaps also represent one of India’s biggest opportunities.

The Industrial Accelerator Act says solar projects awarded through public procurements or other public support schemes would need to feature Europe-made solar inverters and cells within three years after the act becomes law. For battery energy storage systems, similar requirements would be introduced using a phased approach from one year after the act enters force.

CRISIL has upgraded Advait Energy Transitions Ltd’s long-term rating to A-/Stable from BBB+/Stable, and short-term rating to A2+. In addition, the total bank loan facilities rated have been enhanced from INR 110 crore to INR 405 crore.

Siemens Energy India Ltd has reported a 26% year-on-year increase in revenue to INR 1,911 crore and a 34.9% rise in profit after tax to INR 313 crore for the quarter ended December 2025 (Q1 FY2026). The company’s order backlog expanded 37.6% to INR 17,599 crore.

Indian solar manufacturer Premier Energies has completed the acquisition of 104,550 equity shares of HeliosAnthos Energies, securing 51% of the company’s paid-up equity share capital. HeliosAnthos Energies is a joint venture between Premier Energies and BA Prerna Renewables, formed to expand Premier’s presence in the engineering, procurement and construction (EPC) segment of renewable energy projects.

Silver prices have resumed their climb, reaching $95 per ounce this morning. Silver analyst Philip Newman tells pv magazine that escalating tensions in the Middle East are expected to continue driving investment demand for safe-haven assets such as gold and silver.

As transformer lead times double and US prices surge 79%, a manufacturing “supercycle” struggles to keep pace with the explosive growth of AI data centers and renewable energy.

India Ratings and Research (Ind-Ra) said the Ministry of New and Renewable Energy’s decision to treat commissioning delays arising from the Supreme Court’s ongoing proceedings in the Great Indian Bustard (GIB) matter as a force majeure‑like event provides material relief to developers of approximately 8.6 GW of renewable capacity.