india

PV inverter producers are adapting their manufacturing strategies to navigate changing policy and regulations, according to PV Tech Research.

Solex Energy has signed an MoU with the Government of Gujarat to establish a 5GW solar cell manufacturing facility alongside a 10GW energy storage plant in the state.  

Vikran Engineering has agreed to acquire a 49% equity stake in NOPL Solar Projects Private Limited for INR49 million (US$508,101).

Indian renewable energy major Adani Green Energy (AGEL) reported a 48% year-on-year increase in operational capacity to 17.24GW, driven predominantly by solar.

Indian module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals.

The US DoC has issued preliminary affirmative determinations in antidumping duty investigations, setting preliminary dumping margins of 123.04% for India, 35.15% for Indonesia and 22.46% for Laos.

The Global Solar Council has announced a new management and strategy board drawn from across the solar and storage industries.

Evren has secured US$600 million in financing to develop a 1GW hybrid firm and dispatchable renewable energy (FDRE) portfolio across Andhra Pradesh and Rajasthan.

Sterling and Wilson Renewable Energy (SWREL) has secured a contract from Coal India (CIL) for an 875MW grid-connected solar project.

According to Ember's Global Electricity Review 2026, renewables accounted for 33.8% of global power generation in 2025.