Author: Manish Kumar

Battery Smart Appoints Amit Bhardwaj Its New CFO

Indian battery recycling company Battery Smart today announced the appointment of Amit Bhardwaj as its Chief Financial Officer (CFO). The firm which provides its swapping technologies for electric two- and three-wheelers said that Amit’s appointment will aid in strengthening its leadership. Amit has a degree in Chartered Accountancy and brings expertise from key financial roles […]

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Hybrid Projects: KERC Issues Order To Bring Clarity On Transmission Charges

The Karnataka Energy Regulatory Commission (KERC) has tried to bring clarity on transmission charges of hybrid projects. The state power regulator issued a suo motu order in this regard. The order was especially for wind-solar hybrid projects. This comes after Fourth Energy Partner approached the state commission for clarification. National wind-solar hybrid policy  Earlier, the […]

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Waaree Energies Bags 600 MW Solar Module Order

Waaree Energies, the module manufacturing arm of the Waaree Group today announced bagging a 600 MW solar module order. The company in its filing before the exchanges informed its investors about the new order. The delivery of these modules is scheduled to begin in FY 2025-26, the firm said. This contract involves the supply of […]

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Amid Adani Row, SECI Clarifies Its Stand On Its Role In RE Projects

Amid ongoing controversy surrounding the renewable energy division of the Adani Group, the Solar Energy Corporation of India (SECI) has issued a statement. While not directly addressing the controversy, SECI highlighted its critical role in India’s renewable energy sector. To date, SECI has awarded approximately 70 GW of renewable energy tenders. The Renewable Energy Implementing […]

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Premier Energies Bags Multiple Orders For Cells & Modules Worth Rs 1,087cr

Hyderabad-based solar manufacturing company Premier Energies announced receiving fresh orders worth Rs 1087 crore. The company in its latest in its latest filing informed the exchanges about its recent order. The company informed its investors that it received three orders for solar equipment. it bagged multiple orders from two large Independent Power Producers (IPPs) and […]

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Q2 Results: ACME Solar Reports Rs 15cr Profit In Q2

Renewable energy company ACME Solar today published its quarterly (Q2) and half-yearly (H1) results. The results revealed that the firm witnessed a dip in its revenues and profits in the quarter on a Year-on-Year (YoY) basis. However, on a Quarter-on-Quarter (QoQ) basis, the company reported an increase in its profit. The details filled in by […]

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5 Challenges That Can Increase Solar Module Costs In India

The Indian solar module manufacturing sector, once heavily reliant on Chinese imports for solar modules and cells, is gradually moving toward self-reliance. However, this transition brings its own set of hurdles, which could lead to increased costs for solar panels and project development, potentially pushing solar tariffs higher in the coming years. 1. Reduced Export […]

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ReNew Foresees A Dip In Solar Cell Capacity With ALCM

NASDAQ-listed solar module manufacturer ReNew expects a significant shortfall in cell capacity in India with the imposition of the proposed Approved List of Cell Manufacturers (ALCM). The company in its latest investors presentation anticipated a transition in the Indian solar cell market with the introduction of ALCM. The company said that the proposed decision of […]

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Besides Europe & Africa, Solex To Focus On Module Exports To US

After trying hands with solar module exports to the European and African markets, Indian solar module maker Solex Energy is now eyeing the United States. The top management of the company in a latest investors call talked about their plans to venture into the US solar market for their exports. Chetan Shah, Chairman and MD […]

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