Indosolar Limited, a subsidiary of Waaree Energies Limited, reported revenue from operations of Rs 68.36 crore for the quarter ended June 30, 2026, compared with Rs 194.68 crore in the corresponding quarter of the previous year. The company said the 64.89% year-on-year decline in revenue was primarily due to a transition in its business model,…
Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has secured a domestic order worth Rs 138 crore for the supply of solar photovoltaic (PV) modules. The order has been awarded by a reputed independent power producer/EPC player and is scheduled to be executed by December 2026. The latest…
The Ministry of New and Renewable Energy (MNRE) has issued the eighth revision of the Approved List of Models and Manufacturers (ALMM) List-II for solar photovoltaic (PV) cells, adding Avaada Electro Limited as a new manufacturer and approving additional capacity for Fujiyama Power Systems Ltd. The latest revision, issued on July 22, 2026, reflects the…
Emmvee Photovoltaic Power Limited reported its strongest quarterly performance to date for the quarter ended June 30, 2026, driven by higher production volumes, increased utilisation of internally manufactured solar cells and operating leverage from its expanded manufacturing base. The company recorded growth across revenue, profitability and production during Q1 FY27, despite the first quarter historically…
LONGi has commenced mass production of its Advanced Contact Matrix (ACM) solar cells at one of its manufacturing bases, marking the commercial rollout of the company’s latest solar cell technology. The company said the transition follows the successful development of ACM technology across materials, manufacturing processes and production equipment. Since its pilot production line delivered…
Premier Energies Limited has inaugurated a 5.6 GW solar module manufacturing facility at Seetharampur in Rangareddy, Telangana. The company also performed the groundbreaking ceremony for a 6 GWh Battery Energy Storage System (BESS) manufacturing facility and an 18,000 metric tonnes per annum aluminium frames plant at the same campus. The inauguration was presided over by…
China has published three mandatory national standards on energy consumption and energy efficiency for the photovoltaic (PV) sector, establishing a new compliance framework covering polysilicon, silicon wafers, PV modules and inverters. The standards, GB 29447-2026, GB 47835-2026 and GB 47834-2026, were released on June 27, 2026, and will come into effect on January 1, 2027….
INOX Air Products (INOXAP) has signed a 15-year agreement with Insolation Green Energy (INA Solar), a wholly owned subsidiary of Insolation Energy Ltd, to supply ultra-high purity (UHP) nitrogen to the company’s 4.5 GW solar cell manufacturing facility under development in Narmadapuram, Madhya Pradesh. Under the contract, INOXAP will supply UHP nitrogen at 2,400 Nm3/hour…
StarlinePS Enterprises Limited has approved the acquisition of a 50% stake in Celloraa Energy Private Limited, a solar cell manufacturing company, for a total cash consideration of Rs 160 crore. The approval was granted by the company’s Board of Directors. Under the transaction, StarlinePS will acquire 25,000 equity shares of Celloraa Energy at Rs 64,000…
Waaree Energies Limited has issued a clarification regarding recent media reports on a determination by the U.S. Customs and Border Protection (CBP) in EAPA Consolidated Investigation No. 8163. The company said the determination followed a detailed investigation, including an on-site verification of its manufacturing facility in India. According to Waaree, CBP confirmed that the company…