Home » Daily Newsletter » As Solar Developers In China, India Face June Deadline, Module Supply, Prices To Tighten
India added nearly 35 gigawatts (GW) of power capacity in 2024, setting a new record for the calendar year. According to the GEM study, Solar photovoltaic (PV) capacity made up almost 25 GW (71%) of all additions across the power sector, a record annual capacity...
Mumbai-based solar module manufacturer, Waaree Energies has won an order win from Aditya Birla Renewable Energy Limited (ABREL). The company will supply 410 MW of advanced N-Type TopCon, glass-to-glass bifacial solar modules, each rated at 585 Wp, to ABREL EPC Limited, a wholly owned subsidiary...
Telangana-based Bhagyanagar India Limited has been awarded a Letter of Award (LOA) for a 53 MW solar pump project under the Mukhyamantri Saur Krushi Vahini Yojana 2.0. The company secured the project under feeder-level solarization under Component C of the PM-KUSUM Scheme. The company stated...
Adani Green Energy Twenty Six B Limited, a wholly owned step-down subsidiary of Adani Green, has operationalized a 67 MW solar power project at Khavda, Gujarat. The company said in a regulatory filing, "With the commissioning of this plant, AGEL’s total operational renewable generation capacity...
Indian solar module manufacturer Credence Solar has announced plans to commence solar cell manufacturing from Rajkot in Gujarat. The company intends to establish a solar cell production line with a capacity of either 1 GW or 1.2 GW. The top management informed Saur Energy that the decision...
Indian solar module manufacturer Rayzon Solar is gearing up to enter the Indian stock market with its maiden Initial Public Offering (IPO). The company plans to submit its first Draft Red Herring Prospectus (DRHP) by March 2025, according to top management speaking with Saur Energy. Darshil...
Decades ago, global warming and associated climate change had prompted the world to take some serious measures, such as curbing GHG emissions and trapping pollutants. Today, the surge of renewable energy, especially solar and wind energy, is now promising the sustainable future the world once...
JSW Energy has recently secured a 125 MW/500 MWh standalone battery energy storage system (BESS) tender from the Solar Energy Corporation of India (SECI). JSW won the tender at ₹441,000/MW/month. SECI floated this tender in December 2024 and declared it within two months. As per...
Adani Green Energy Limited (AGEL), has received a Letter of Award (LOA) from Uttar Pradesh Power Corporation Limited (UPPCL) for 1,250 MW of energy storage capacity from Pumped Hydro Storage Projects (PSP). The Panaura PSP project has a minimum commitment of 40 years. It will...
Electric vehicle manufacturer Kinetic Green faced significant financial strain in FY24, with losses increasing 11X due to rising expenses in advertising and employee benefits. Meanwhile, the Greater Pacific Capital-backed company's revenue declined by 3% year-on-year. Kinetic Green’s revenue from operations decreased to Rs 291 crore...
Subscribe to our newsletter to get the latest scoop right into your inbox.
