Solar News

Q2 Results: Sterling & Wilson Renewable Reports Higher Revenues, PAT

Public-listed renewable energy company Sterling & Wilson announced its financial results for Q2 of FY25 today. The consolidated financial results showed an increase in total revenues and net profits. The company reported total revenue of Rs 1,064 crore in Q2FY25, compared to Rs 927.89 crore in Q1FY25 and Rs 776.73 crore in Q2FY24. This represents […]

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Power Minister Launches National Electricity Plan (Transmission)

Union Power minister Manohar Lal Khattar today launched the Nation Electricity Plan (Transmission), prepared by the Central Electricity Authority (CEA). The central agency with the aim of transmitting of 500 GW of renewable energy installed capacity by the year 2030 and over 600 GW of renewable energy installed capacity by the year 2032 had earlier […]

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Credence, Krannich Partner To Supply MonoPERC & Topcon Modules

Gujarat-based Credence Solar, a PV module manufacturer, and Krannich Solar, a solar products distributor, entered a partnership to accelerate solar energy solutions adoption in India and in the international markets. As part of this collaboration, Krannich Solar will distribute Credence Solar’s Mono-PERC and TOPCon PV modules to its across India, Europe, and other key solar […]

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Green Stocks Oct 14: Gensol Stock Price Gets Max Gain

On a day when most of the green energy companies reported a negative growth in their stock prices, only four companies showed growth in their stock prices. The highest growth was reported by Gensol Engineering which reported a growth of 3.45%. It was followed by Premier Energies which reported a growth of 2.31 percent. The […]

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Rooftop Solar Can Increase Local Temperature, Says Research

A recent research showed that rooftop solar can raise temperatures during the daytime and lower them at nighttime. These findings were based on a city-wise simulation on photovoltaic solar panels on rooftops. The research indicated that the conventional photovoltaic solar panels may increase temperatures on hot days and lower them at night, said new modelling. […]

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Gautam Solar Eyes IPO Option As It Expands Capacity to 5 GW

Gautam Solar, one of the oldest and largest solar module manufacturer in North India, has announced more details on its ambitious plan to expand its solar module manufacturing capacity to 5 GW by 2025. This expansion will occur in three phases, with the first phase set for completion in November 2024, followed by the second […]

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eBikeGo’s Subsidiary Vajram Electric Acquires 40% Stake In Varcas

eBikeGo’s subsidiary, Vajram Electric Ltd has acquired a 40% stake in Varcas Automobiles Pvt Ltd, an Electric Vehicle manufacturer based in Hyderabad. Varcas Automobiles Pvt Ltd has successfully delivered over 25,000 electric two-wheelers to date and generating a revenue of ₹110 crore. With the acquisition, Vajram Electric Ltd aims to capitalize on Varcas’ robust manufacturing […]

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India’s Renewable Capacity Crosses 200 GW Benchmark

India’s renewable energy capacity has now crossed 200 GW, latest data from the Central Electricity Authority (CEA) revealed. As per the latest information from the agency, India’s total renewable capacity (excluding large hydro) touched 154 GW while India’s large hydro projects touched 46 GW capacity by the end of September 2024. A comparison of CEA’s […]

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Saatvik Solar’s Module Orderbook Swells By 200 MW With Mahagenco ORder

Saatvik Green Energy Limited, has announced that it has won a contract with Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of its cutting-edge N-TOPCon 580Wp modules to various locations across Maharashtra. The total value of the order is estimated to be ₹302 crore. MAHAGENCO is one of India’s largest power generation […]

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