PV-Magazine-India

PV magazine India is an online platform that was established in September 2017, specifically for the Indian solar photovoltaics (PV) sector. It highlights advancements in both the business and technology aspects of the industry.

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Rooftop solar may ‘unintentionally’ exacerbate urban heat

1 week ago | pv-magazine-india.com | Emiliano Bellini

Researchers at the Hong Kong University of Science and Technology (HKUST) have investigated the impact of rooftop PV systems in urban microclimates and temperatures and have found that these installations, despite their potential to enhance energy sustainability, could “inadvertently” exacerbate urban heat. The research was conducted at the HKUST subtropical campus hosting several PV systems since 2020.
Swiss developer breaks ground on 1.6 GWh redox flow storage project

1 week ago | pv-magazine-india.com | Sandra Enkhardt

From ESS NewsFlexbase Group has begun construction on what could become one of Europe’s largest flow battery storage installations, breaking ground on an 800 MW/1.6 GWh redox flow system in Laufenburg, Switzerland. The project combines utility-scale storage with an AI data center and district heating network in an ambitious multi-use development. The Swiss developer started work this month on the technology center following regulatory approval, with commercial operation targeted for summer 2028.
INA Solar signs LOI for 3 GW PV cell line

1 week ago | pv-magazine-india.com | Uma Gupta

INA Solar has signed a Letter of Intent (LOI) with China-based SC Exact Equipment for a 3 GW turnkey solar cell line at Narmadapuram, Madhya Pradesh. The manufacturer is setting up a 4 GW solar module line, 3 GW cell line and 54,000 metric ton aluminium frame capacity in Narmadapuram, where it has already secured possession of the land. The company expects to start construction by Q1 FY26 and begin operations of its 3 GW solar cell line by H1 FY27.
Volks Energie wins second BPCL contract for solar plus lithium battery storage project

1 week ago | pv-magazine-india.com | Uma Gupta

Volks Energie announced today it has secured a second order from Bharat Petroleum Corp. Ltd (BPCL) for a solar PV and lithium-ion battery storage project. Under the latest contract, it will deploy a solar plus Li-ion battery and charger system for BPCL’s Irugur-Devangonthi petroleum and petroleum products pipeline along the route of Irugur (Tamil Nadu) to Devangonthi (Karnataka). The latest win follows a similar BPCL project secured for pipelines between Telangana and Andhra Pradesh.
Targeted co-financing to support a just transition in emerging economies: IEEFA

1 week ago | pv-magazine-india.com | Uma Gupta

Ensuring vulnerable workers and communities are not left behind is one of the biggest challenges emerging economies will face in their energy transition. However, it also opens up new job opportunities and avenues for economic growth, states a new report released by the Institute for Energy Economics and Financial Analysis (IEEFA).
ReNew Q4 profit soars 415% YoY on solar manufacturing boost

1 week ago | pv-magazine-india.com | Uma Gupta

ReNew Energy Global Plc has delivered a strong performance for the fourth quarter and full fiscal year ended March 31, 2025, driven by its solar manufacturing business and continued expansion of clean energy portfolio. Q4 net profit soared to INR 313.7 crore ($37 million), up nearly 415% from INR 60.9 crore in Q4 FY24. Total Income for the quarter stood at INR 3,439.1 crore, up from INR 2,477.6 crore.
Ahaan Solar advances 2 GW solar module factory in Haryana

2 weeks ago | pv-magazine-india.com | Uma Gupta

Ahaan Solar, the solar energy division of Airox Nigen Equipments, expects to begin production from the initial 600 MW phase of its planned 2 GW solar module manufacturing facility by mid-2025. The factory is being developed at a 17-acre renewable energy park in Haryana. Utilizing advanced tunnel oxide passivated contact (TOPCon) technology, the facility will produce high-efficiency solar modules for both domestic and international markets.
SECI launches tender for 2 GW solar with 1 GW/4 GWh storage

2 weeks ago | pv-magazine-india.com | Uma Gupta

Solar Energy Corp. of India has issued a tender for selection of developers to set up 2 GW of interstate transmission system (ISTS) connected solar projects with 1 GW/4 GWh of energy storage systems (ESS). The projects, to be developed on a build-own-operate basis, can be set up by the developers on the locations chosen by them. The developer must install ESS capacity of at least 0.5 MW/2 MWh for each 1 MW project capacity contracted.
Crompton secures INR 101-crore solar pumps order from MEDA

2 weeks ago | pv-magazine-india.com | Uma Gupta

Crompton Greaves Consumer Electricals Ltd announced today it has secured its largest-ever order in the solar water pump segment. The company has received a Letter of Award (LoA) from the Maharashtra Energy Development Agency (MEDA) valued at over INR 101 crore (exclusive of GST) for the design, manufacture, supply, installation, testing, and commissioning of 4,500 off-grid solar photovoltaic water pumping systems across Maharashtra under Component-B of the PM-KUSUM scheme.
Green hydrogen remains ‘prohibitively’ expensive in Africa

2 weeks ago | pv-magazine-india.com | Emiliano Bellini

An international research team has investigated the economic viability of exporting ammonia from Africa to Europe, where is then reconverted into hydrogen, and has found that this task could be “prohibitively” expensive under four realistic scenarios by 2030. Their analysis considered, in particular, the cost of capital (COC) by country, financing structure and interest rate environment to calculate the potential levelized cost of hydrogen (LCOH) of each country and scenario.