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1st Q25: China Installs 36 GW Rooftop Solar As New Rules Spur Rush

China installed a record 60 GW of new solar photovoltaic (PV) capacity in the first quarter of 2025 – the highest ever recorded in a first quarter in the country’s history, according to Rystad Energy research and analysis. Rooftop PV accounted for 60%, or 36 GW, of that total, marking the largest quarterly capacity addition […]

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MNRE Clarifies ALMM Exemptions for Net Metering & Captive Use

The Ministry of New and Renewable Energy (MNRE) has issued a latest clarification regarding the scope of exemptions under the Approved List of Models and Manufacturers (ALMM) for various types of solar power projects. In an office memorandum, the ministry responded to two key queries related to the applicability of ALMM for Net-Billing, Virtual Net […]

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With Hybrid Push, Oyster Renewable Aims 2 GW Capacity

India-based Oyster Renewable Energy is aiming to commission 2 gigawatts (GW) of renewable energy capacity by 2030, with a sharp focus on the commercial and industrial (C&I) sector, the company said in an interaction with Saur Energy. The independent power producer, founded in 2021, is building a portfolio of hybrid wind-solar projects across several Indian […]

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IFC Backs $5mn Investment In Husk Power For Solar Mini-Grid

The International Finance Corporation (IFC), a member of the World Bank Group, has announced a $5 million investment in Husk Power Energy Systems Nigeria Limited to support the rollout of solar hybrid mini-grids in underserved communities across northern Nigeria. The financing, backed by the Government of Canada, is aimed at expanding access to reliable and […]

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Canadian Solar Beats Q1 Guidance Despite Industry Headwinds

Canadian Solar reported better-than-expected first-quarter results for 2025, buoyed by strong module shipments and a record pipeline in energy storage, even as the company posted a net loss due to trade-related costs and declining margins. The company shipped 6.9 GW of solar modules during Q1, up 9.4% year-on-year and exceeding guidance of 6.4–6.7 GW. Revenues […]

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Security Risks From Inverters In Focus After US Report

While Chinese dominance of the solar panel industry has been well documented and understood, most people tend to bypass the huge presence of Chinese inverter firms in the solar market. Even if we consider key markets like India or the US and even Europe, the focus of supporting local manufacturing as well as creating tariff […]

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BESS Startup VFlowtech Secures USD 20.5 Million

VFlowTech, a leading provider of sustainable long-duration energy storage solutions, has announced a significant capital raise of $20.5 million to support its strategic expansion into India’s clean energy sector. the firm offers long-duration energy storage and AI-driven energy management. The funding will enable VFlowTech to scale its existing 100 MWh manufacturing plant in India to […]

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KK Wind’s Largest Asia Factory Opens For Business In India

KK Wind Solutions, a EUR 1 billion company owned by Danish Shipping group A.P. Moller Holding, has officially inaugurated a new factory and offices in Bengaluru, India. The expansion marks a major step in the company’s international growth strategy and its long-term commitment to supporting India’s renewable energy ambitions. The new factory will be the […]

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