Siemens Energy India Q2 FY2026 revenue up 27.4% YoY
Siemens Energy India Ltd has reported a revenue from operations of INR 2,394 crore for the quarter ended March 2026, marking a 27.4% year-on-year increase from INR 1,880 crore in the corresponding quarter of FY 2025. Profit after tax increased 52.4% YoY to INR 375 crore.
Inox Clean buys US assets of Boviet Solar
Through this asset purchase, Inox Clean gains an operational capacity of 3 GW of TOPCon solar module manufacturing in the United States, positioning it in line with the “Make in America, For America” initiative.
Solar industry faces rising risks from fires and battery faults
The 8th annual Solar Risk Assessment from kWh Analytics identifies equipment-driven fires, regulator fines, and battery inaccuracies as the latest threats to renewable asset returns.
India added record 15.3 GW solar capacity in Q1 2026: Mercom
One of the key drivers behind the record solar capacity additions in Q1 2026 was the upcoming implementation of ALMM List-II from June 2026. The policy deadline prompted developers to accelerate project commissioning under the existing procurement framework amid concerns over limited domestic DCR cell availability and rising module procurement costs, according to Mercom.
“India’s battery energy storage market is transitioning from aggressive tendering to execution-led scale” — Ratul Puri, Chairman, Hindustan Power
Ratul Puri, Chairman of Hindustan Power, speaks to pv magazine about the key challenges in scaling renewable energy deployment, the growing role of battery storage and carbon markets, and Hindustan Power’s strategy in supporting India’s clean energy transition.
ARTsolar challenges local content compliance in South African solar tenders
A High Court in South Africa ordered the country’s Ministry of Mineral Resources and Energy to deliver full documentation relating to three solar tenders awarded in 2021 and 2022 to local solar manufacturer ARTsolar, after the company questioned if the preferred bidders had followed local content requirements for PV modules set out in the tenders. ARTsolar told pv magazine its legal team is currently reviewing the documentation it has received.
Can India’s steel pipe industry lead the global hydrogen infrastructure build-out?
One of the biggest constraints in the hydrogen economy today is the lack of transport infrastructure. Moving hydrogen remains expensive and logistically complex without pipelines.
India’s critical minerals sector faces financing challenges: IEEFA
While the National Critical Mineral Mission (NCMM) aims to create regulatory and institutional enablers to develop the critical minerals supply chain, focused capital expenditure is needed to accelerate large-scale mining, refining, and processing. The NCMM creates intent and incentives, but outcomes will depend on institutional execution.
U.S. transformer market faces severe supply constraints
Severe shortages of power transformers are stalling grid expansion as developers face skyrocketing prices and four year wait times for critical equipment.
Coal India scraps solar manufacturing arm
Coal India Ltd said today that the name of its arm CIL Solar PV Ltd has been struck off from the Register of Companies under Section 248(5) of the Companies Act, 2013, and that the subsidiary now stands dissolved.
