Five solar businesses added to forced labor list, banned from U.S. entry
Under the Uyghur Forced Labor Prevention Act (UFLPA), five businesses in China were added to an entity list, making them ineligible to provide products and services in the United States.
MENA region hits 24 GW (AC) of total solar capacity
The Middle East Solar Industry Association’s (MESIA) latest report says solar capacity in the Middle East and North Africa (MENA) region grew by 25% in 2024, with local manufacturing and energy storage also accelerating.
Global solar module prices mixed on varying demand expectations
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.
Residential rooftop solar scheme presents over INR 1 trillion opportunity for component manufacturers
Residential rooftop solar scheme PM Surya Ghar Muft Bijli Yojana (PM-SGMBY) has the potential to catalyze an INR 1.2 trillion ecosystem, with PV module, inverter, mounting equipment, and electrical component manufacturers as the primary beneficiaries alongside project developers and EPC players, says a new report by SBICAPS.
Corporate funding in solar sector globally falls 24% to $26.3 billion in 2024
Mercom Capital Group says inflation, high interest rates, trade disputes and policy ambiguity all contributed to a drop in corporate funding and merger and acquisition (M&A) activity in the solar sector last year.
Government mulling incentives for battery cell component manufacturing
India can become self-reliant in battery cell manufacturing if lithium remains in the country through recycling and used in batteries once again, added Vijay Mittal, Joint Secretary, Ministry of Heavy Industries, at the 4th India Battery Manufacturing and Supply Chain Summit 2025.
Sterling and Wilson Renewable Energy Q3 revenue up 215% YoY
Sterling and Wilson Renewable Energy has posted consolidated revenue of INR 1,837 crore and profit before tax of INR 41 crore in the third quarter of FY 2025.
Global cleantech investment expected to surpass fossil fuels for the first time in 2025
Global clean energy supply investments will reach $670 billion this year, said a report from S&P Global Commodity Insights.
Optimizing photovoltaic systems: Best practices for economic, technical key performance indicators
As the global solar energy industry grows, so does the need for accurate monitoring of performance and financial viability. The latest report by IEA PVPS Task 13, “Best Practice Guidelines for the Use of Economic and Technical KPIs,” provides a comprehensive framework to address this issue. This article explores the importance, methodologies, and applications of Key Performance Indicators (KPIs), with a focus on their role in optimizing PV systems.
Exide Industries invests INR 149.99 crore in lithium battery arm
Exide Industries Ltd has made equity investment of INR 149.99 crore, on rights basis, in Exide Energy Solutions. The investment will fund Exide Energy Solutions’ greenfield lithium battery plant in Bengaluru and meet its various funding requirements.
