ReNew Energy Global has reported a net profit of INR 5,131 million for the first quarter of fiscal year 2026 (Q1 FY26), marking a 13-fold increase from INR 394 million in Q1 FY25. A significant portion of the profit—INR 3,562 million—was contributed by external sales from the company’s solar module and cell manufacturing business.| pv magazine India
The funding will support the execution of large-scale renewable energy projects by the company and its subsidiaries, further strengthening its operational capacity.| pv magazine India
NTPC Renewable Energy Ltd (NTPC REL) has invited bids for an engineering, procurement, and construction (EPC) package, including land acquisition, for the development of a 300 MW grid-connected solar photovoltaic (PV) project anywhere in the state of Goa. Bidding closes on Aug. 26.| pv magazine India
Sterling and Wilson Renewable Energy has emerged as the lowest bidder for turn-key EPC package of a 245 MW AC solar project in Gujarat. The project was tendered by a leading state-owned developer.| pv magazine India
Investment in new large-scale solar and wind in Australia fell by 64% year on year in the first half of 2025 as grid bottlenecks, slow planning approvals, higher costs, and social licensing issues took a heavy toll.| pv magazine India
Wood MacKenzie predicts that Ireland will meet its 8 GW 2030 solar target but wind, heat pumps, and electric vehicles (EVs) are all lagging behind theirs. Ireland's current installed solar capacity is just under 2 GW, but this could be increased thanks to favorable policy, grid investments, and energy storage.| pv magazine International
Researchers in Japan have made another attempt to make agrivoltaics on rice fields technically and economically feasible, despite well-known productivity issues when rice is grown below solar modules. They used double-axis tracking, finding potential with careful management of shading and tilt angles.| pv magazine International
Multiple factors affect the productive lifespan of a residential solar system. In Part 2 of our series, we look at solar inverters.| pv magazine International
Several factors affect the productive lifespan of a residential solar panel. In the first part of a series, we look at the solar panels themselves.| pv magazine Australia
The 82 MW Moura Solar Farm was Australia’s best performing large-scale PV power plant in the month of July, with an average capacity factor of 26%, as Queensland facilities dominated the charts for the best performing big solar assets.| pv magazine Australia
Marinus Link, the 750 MW capacity high voltage direct current electricity interconnector proposed to strengthen the Tasmania and Victoria connection on the National Electricity Market, has reached Stage 1 financial investment decision.| pv magazine Australia
Several factors affect the productive lifespan of a residential solar panel. In the first part of a series, we look at the solar panels themselves.| pv magazine International
Scientists simulated several liquid air energy storage systems, comparing round-trip efficiency across configurations that include liquefied natural gas (LNG), solar, and Stirling engines, and further optimized performance using particle swarm methods.| pv magazine International
Italy added around 1,092 MW of new PV systems in the second quarter of this year, with the rooftop segment driving demand.| pv magazine International
Daikin said its new EWWH-VZ water-cooled inverter chiller and heat pump has cooling and heating capacity ranging from 400 kW to 1,900 kW. The system uses R1234ze as the refrigerant.| pv magazine International
South African utility Eskom is searching for a developer to design, procure, supply, test and commission a 72 MW solar project at the site of an existing power station. The deadline for applications is Sept. 30.| pv magazine International
NHPC Ltd, on behalf of Bundelkhand Saur Urja Ltd (BSUL), has launched a tender to select developers to build 1.2 GW of solar power plants (four × 300 MW) in northern India.| pv magazine International
Sterling and Wilson Renewable Energy has reported a revenue of INR 1,762 crore for the first quarter of FY 2026, marking a robust 93% year-on-year growth from INR 915 crore in Q1 FY 2025. Net profit increased to INR 39 crore compared to Q1 FY 2025 PAT of INR 5 crore.| pv magazine India
GameChange Solar's Genius Tracker system has been deployed in India’s first project featuring First Solar’s Series 7 thin film PV modules. The project, developed by Cleantech Solar and constructed by Jakson Green, has a total planned capacity of 44.8 MWp.| pv magazine India
Reliance Infrastructure secured the largest slice of 390 MW. Other winners include PNC Infratech and SAEL Industries (300 MW each), JBM Renewables (150 MW) and Navayuga Engineering (60 MW).| pv magazine India
As of June 30, 2025, India reached a cumulative installed power capacity of 484.82 GW with 242.8 GW coming from non-fossil fuel sources (8.8 GW nuclear, 49.4 GW hydro, and 184.6 GW renewable energy sources).| pv magazine India
The persistent evening peaks, which now nearly match daytime highs, reinforce the urgency of deploying storage solutions, demand-side measures and hybrid renewable projects to meet post-sunset demand.| pv magazine India
Community Power Agency has released a guide for regional communities hosting multiple renewable energy projects to promote benefit sharing strategies that ensure a stake over the next 25 years in an estimated $1.9 billion opportunity.| pv magazine Australia
The Minnesota Public Utilities Commission (PUC) approved two solar projects totaling 475 MW of capacity, one of which is one of the largest single-site solar installations ever approved in the state.| pv magazine USA
Over the past 12 months, solar power has become California’s largest source of electricity, a trend likely to continue.| pv magazine USA
AGL Energy has acquired the 150 MW solar, 90 MW thermal, and 720 MWh of storage Yadnarie Project from Dutch developer Photon Energy, and follows the project's development approval received in June.| pv magazine Australia
Zen Energy’s plan to build a 100 MW solar project and 200 MW battery with up to eight hours of storage capacity in southeast Queensland has been waved through the federal environmental approvals process.| pv magazine Australia
United States-headquartered manufacturer GameChange Solar says its Genius Tracker TF supports slopes of up to 1.7 degrees between posts, thereby reducing land grading costs.| pv magazine Australia
Western Australian regional energy provider Horizon Power is seeking a federal green tick for a 21 MW solar-plus-battery storage project designed to help power the coastal town of Derby in the state’s Kimberly region.| pv magazine Australia
The Buckeye, Ariz. project is expected to generate enough electricity to power about 40,000 homes per year.| pv magazine USA
The Australian arm of United Kingdom-based renewables giant Octopus Group has started building the Fulham solar farm and battery energy storage system in Victoria after reaching financial close on the estimated $300 million project.| pv magazine Australia
The location of large-scale solar farm developments can play a significant role in protecting biodiversity says a new report that charts a path for clean energy projects to avoid areas with conservation value and alternatively explore the benefits of agrivoltaics.| pv magazine Australia
Construction proper has officially begun on a 119 MW solar farm and 100 MW / 200 MWh battery energy storage facility in Victoria's northwest with the state government saying the publicly owned project is on track for completion in 2027.| pv magazine Australia
Savion's Kiowa County Solar Project will add 100 MW capacity to a state that ranks 41st in terms of total installed capacity.| pv magazine USA
JinkoSolar has achieved an historic milestone by becoming the first company to exceed 1GW in distribution shipments in Australia for 2024 on the back of its popular Tiger Neo modules.| pv magazine Australia
Plans to develop a 2.88 GW green hydrogen production facility near Gladstone on the central Queensland coast are in serious doubt after the state government announced it will not commit funding to the $12.4 billion project.| pv magazine Australia
The Renewable Energy Sources of Croatia Association (RES Croatia) says Croatia’s solar market is growing year over year. But with residential and industrial rooftops accounting for most new installations, a key focus is enabling utility-scale growth.| pv magazine International
The European Commission says 41 cross-border energy projects will receive €1.25 billion ($1.3 billion) in funding, with one-fifth allocated to hydrogen, while Lhyfe has started building its fifth hydrogen production site in northern France, set to provide green hydrogen by 2026.| pv magazine International
The Romanian Photovoltaic Industry Association (RPIA) says Romania installed 1.7 GW of solar in 2024, as increased funding, higher renewable targets, and a streamlined permitting process drove market growth.| pv magazine International
In a new weekly update for pv magazine, Solcast, a DNV company, reports that atmospheric conditions led to variations in solar conditions across North America. According to analysis using the Solcast API, ISO New England and PJM outperformed long-term trends in capacity-adjusted performance, whereas ERCOT performed only slightly above average.| pv magazine International
Scientists in China placed a 0.5 mm thick aluminum foil between the solar cell and the EVA, and between the EVA and the glass layer. The two experimental modules were compared to a reference module and were found to dissipate heat and increase the in-plane temperature uniformity.| pv magazine International
Community submissions for a proposed utility-scale agrivoltaic solar farm on Aotearoa New Zealand’s south island, which would have the capacity to power 70,000 homes annually, has returned 75% against the development.| pv magazine Australia
In five key trends, pv magazine looks back over a year that saw PV module prices fall lower than many thought possible, while demand was restrained by grid congestion, among other challenges. Energy storage has had a strong year and geopolitics is seeing solar and battery manufacturing enter new regions as competition drives technical innovation.| pv magazine Australia
The commercial arm of Transgrid, Lumea, will connect one of New South Wales' largest solar farms to the grid, providing a major boost to the state’s transition to renewables with enough clean energy to power nearly a quarter of a million homes.| pv magazine Australia
Aotearoa New Zealand’s Nova Energy has partnered with gentailer Meridian Energy to build the 400 MW Te Rahui solar farm, to become the country's largest, while more solar projects are expected to quickly come on line following the government's passing its fast-track approvals bill into law.| pv magazine Australia
PV data consultancy Wiki-Solar says the world’s top solar developers have added nearly 50 GW of new solar capacity since early 2023, raising their cumulative capacity to 146.7 GW – more than one-fifth of the global total.| pv magazine International
