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China’s Renewable Sector Enters New Era with Market-Driven Pricing

China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) recently issued a joint notice outlining measures to deepen the pricing reform for electricity generated from renewable sources. The reform focuses on three key areas: allowing market forces to determine renewable power prices, creating a pricing and settlement mechanism that supports long-term […]

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India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn

Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […]

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Tata Power’s 4.3 GW Solar Cell & Module Plant In TN Inaugurated By CM

As MK Stalin, the Chief Minister of Tamil Nadu formally inaugurated its latest 4.3 MW cell and module manufacturing plant, TP Solar Ltd finds itself in a sweet spot. Tata Power’s Solar manufacturing arm & a subsidiary of Tata Power renewable Energy Limited new plant at Tirunelveli, Tamil Nadu underscores its position among the leaders […]

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Q3 Results: Premier Energies Reports 490% Rise In Profits

Hyderabad-based solar company Premier Energies has now announced the financial results for the third quarter (Q3) of FY25. The Indian solar module and solar cell manufacturer reported a significant rise in profits for the third quarter (Q3) of the financial year 2025 (FY25). This comes close after the entry of the company into the stock market […]

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French Wafers To Modules Solar Manufacturer Photowatt To Shut down

Photowatt, one of the few European solar manufacturers that offered solar wafers,cells and modules has been shut down after parent firm EDF Renewables decided to switch off further support for the struggling maker. EDF had acquired Photowatt in 2012. The closure comes at a time when solar manufacturing in Europe is pretty much unviable in […]

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2024: China Installs 8 GW Solar Projects In Belt & Road Countries

Chinese companies installed 24 Gigawatts (GW) capacity in Belt and Road (B&R) countries in 2024, according to a new report from Wood Mackenzie. This record number doubles the capacity installed in 2023 and is a new high for investment since the initiative was launched in 2013. Notably, renewable energy sources, particularly solar and hydropower, led […]

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As India Goes Past 100 GW Solar Milestone, No Time To Rest

If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […]

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Global Solar Installations In 2025 To Stagnate At 493 GWdc: Report

The global solar market continued its growth trend in 2024 to reach 495 GWdc installed capacity, with a 14% increase compared to 2023. A latest Wood Mackenzie report estimates a rise in power demand across regions due to the proliferation of data centers and growing electrification trends. However, the research report also cautions against several […]

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JinkoSolar Leads PV Module Production, Adani Solar Among Top 10

The latest solar module manufacturing ranking released by Wood Mackenzie confirms that Chinese solar module manufacturer Jinko Solar continues to lead globally. According to the ranking, nine out of the top 13 companies are based in China. From India, Adani Solar was the sole entrant in the top 10 rankings. Some of the leading companies […]

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