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A ReNew project in India.

ReNew Power receives final buyout offer at US$8 per share

July 7, 2025
ReNew has received a non-binding final acquisition offer from a consortium at US$8 per share, which is 13.2% more than their earlier offer.
The plant will achieve over 25% cell efficiency, using a 16-busbar design that enhances power output. Image: Premier Energies.

Premier Energies commissions 1.2GW TOPCon solar cell line

June 27, 2025
Indian solar manufacturer Premier Energies has commissioned its 1.2GW TOPCon solar cell manufacturing line at Fab City, Hyderabad, Telangana.
Scheduled for completion by early 2027, the two sites are expected to generate 1,158GWh of clean electricity each year. Image: ACEN.

ACEN, UPC to build 540MW renewable projects in India

June 26, 2025
ACEN has partnered with UPC Renewables to build two renewable projects in Rajasthan and Karnataka, India. 
The modules will be manufactured at Emmvee’s facilities in Dabaspet and Sulibele, Karnataka and installed at KPI Green’s facility in the western state of Gujarat, India. Image: Emmvee.

Emmvee inks US$174 million module supply agreement with KPI Green Energy

June 25, 2025
Emmvee has secured INR15 billion (US$174 million) order for TOPCon bifacial solar modules from KPI Green Energy. 
Solar panels in India.

SECI launches 1.2GW/3.6GWh solar-plus-storage tender in India

June 25, 2025
State-owned firm Solar Energy Corporation of India (SECI) has launched a solar-plus-storage tender seeking 1.2GW of solar PV.
With an investment of INR10,184 million (US$1.22 billion), the project involves EPC work on a turnkey basis. Image: Waaree Renewable Technologies via LinkedIn.

Waaree, Viet Khanh sign MoU for 100MWp solar project in Vietnam

June 24, 2025
Waaree Renewable Technologies has signed an MoU with Viet Khanh to establish a 100MWp solar project in the region. 
The project is being developed by BluPine Energy’s wholly owned subsidiary, Solarcraft Power India. Image: BluPine Energy via LinkedIn.

BluPine Energy secures US$290 million for 150MW Karnataka solar plant

June 24, 2025
BluPine Energy has raised INR2,416 million (US$290 million) debt sanctions for its 150MW power project in Aland, Karnataka.
The manufacturing will now be split across multiple sites in Gujarat, Maharashtra, and potentially other Indian states. Image: Waaree Energies.

Waaree Energies relocates 6GW vertically-integrated manufacturing plant in India

June 23, 2025
Waaree Energies will relocate its proposed 6GW vertically-integrated manufacturing facility for ingots, wafers, cells, and modules in India.
Spanning over 68,000 square-meters, the plant will be built in two phases with a total investment of INR800 crore (US$95.8 million). Image: Ahaan Solar.

Ahaan Solar unveils 2GW TOPCon module plant in India with US$95 million investment

June 17, 2025
Indian module manufacturer Ahaan Solar has started construction of a 2GW solar module assembly plant in Rohnat, Haryana.
Solar panels in Saudi Arabia.

India and Saudi Arabia drive 20% global tracker growth in 2024

June 16, 2025
The global solar tracker market expanded by 20% in 2024 to a record size, according to energy research firm Wood Mackenzie.

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