Author: Prasanna Singh

Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps

Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […]

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Lubi Industries bags BPCL Order for 1400 Fast DC EV Chargers

In one of the larger orders for DC fast chargers , Ahmedabad based Lubi Industries has been awarded a major contract by Bharat Petroleum Corporation Limited (BPCL) to manufacture, supply, install, and commission 1,400 fast DC EV chargers across the country. The order when executed will be one of the largest DC Fast Charging networks […]

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Waaree Energies, JSW Acquire Renewable Assets In Deals Amounting to Rs 1400 Crores

On Jan 10, Waaree Energies Limited announced  the signing of a Share Purchase Agreement with Enel Green Power Development S.r.l (“Seller”) for acquisition of 100% of the share capital of Enel Green Power India Private Limited for a total amount of upto INR 792 Crores, subject to customary closing adjustments. Italy-based Enel is one of […]

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Sungrow Aims For Large Share Of Residential, Storage Segments in 2025

Sunil Badesra, Country Head (India and South Asia) for Global inverter leader Sungrow has reason to feel satisfied. Not only has the firm had a stellar 2024 in India, but the future looks even more promising thanks to the strong demand in the market, and a lineup of product offerings from Sungrow India. New launches […]

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Offshore Wind’s 2024 in India- Building Blocks Falling Into Place

India’s offshore wind ambitions made slow but steady progress in 2024, egged on by multiple European partners pushing the country to try this ‘last frontier’ of renewable energy. For a country heading towards 100 GW of solar, and 50 GW of onshore wind, Offshore wind energy has been a distant dream, primarily because of cost […]

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China’s Polysilicon Leaders Announce Production Cuts To Arrest Low Prices

Tongwei Group and Daqo New Energy, two of the world’s largest, and China’s largest producers of solar grade polysilicon materials, have announced a cutback on production of high-purity polysilicon amid falling prices and financial losses. The firms ended H1 of 2024 with significant losses from their operations, and in likelihood, H2 has been no better. […]

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India Needs Over A Million Additional Engineers by 2050 for RE Vision: IREDA Chief

Pradip Kumar Das, Chairman and Managing Director (CMD) of Indian Renewable Energy Development Agency Ltd. (IREDA), addressed the Visionary Talk hosted by the 39th Indian Engineering Congress at Kolkata on 20th December 2024. In his address, CMD, IREDA spoke about the critical need for talent to drive the Renewable Energy sector both in India and […]

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Qcells Claims Tandem Solar Cell Efficiency World Record

Qcells, a leading solar cells and modules manufacturer, has claimed a a new world record, reaching 28.6% for tandem solar cell efficiency on a full-area M10-sized cell that can be scaled for mass manufacturing. This result was achieved having begun large-area tandem development in 2023, as major solar manufacturers across the world attempt to reach […]

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