Solar News

India’s RE Investment Hits USD 12.4 Bn, Falls Short of 2030 Target: Report

India’s renewable energy investment has grown to USD 12.4 billion in 2023, up from 2020. However, investment remains far below the estimated USD 200 billion required to achieve India’s goal of 500 GW of non-fossil fuel electricity capacity by 2030. According to the Zero Carbon Analytics report’s findings, to meet the 500 GW of non-fossil […]

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Feeder Solarisation: Sunkind Bags 10.4 MW Mahagenco Contract

In a step to augment the solariation of agricultural feeders in Maharashtra, Sunkind, a renewable energy solutions provider has secured a ground-mounted solar project awarded by Maharashtra State Power Generation Company Limited (Mahagenco) under the Mukya Mantrai Krishi Vikas Yojana (MSKVY) 2.0 scheme. The 569 MW EPC (Engineering, Procurement, and Construction) is aimed to boost […]

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Waaree Appoints Amit Paithankar CEO Of Indosolar

Waaree Energies has announced the appointment of Amit Paithankar as the Chief Executive Officer (CEO) of Indosolar Limited, a subsidiary of the company. The company also appointed Sonal Shrivastava as the Chief Financial Officer (CFO) of the company. The appointments were made with effect from November 11. Paithankar is currently working as the CEO of […]

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Solex Energy Reports 1,698% Surge In PAT In H1

Indian solar module manufacturer Solex Energy Limited has now reported a massive surge of 1698% in its net profits in H1 compared to its profits in H1 of FY24. The company has now announced the financial results for H1 and shared details of its incomes, profits and other details. For the first half of the […]

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Inox Wind Gets 87 MW Order From Continuum For Its 3MW WTGs

Inox Wind Limited (IWL) today announced it has received a repeat order for 87 MW from Continuum Green Energy Private Ltd. (Continuum), a renewable energy company, having expertise in Commercial and industrial (C&I) projects. This repeat order is for Inox Wind’s 3 MW Wind Turbine Generators (WTGs). The project will be executed on an end-to-end […]

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MNRE Asks Module Makers To Share DCR Data Since Jan 2024

The Ministry of New and Renewable Energy (MNRE) has issued a new order asking the Indian solar module and cell manufacturers to share the Domestic Content Requirement (DCR)- related data since January 1, 2024. The ministry asked the solar companies to share this data on the DCR verification portal of the National Institute of Solar […]

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KP Group Appoints Dr Alok Das As Group CEO

KP Group today announced the appointment of Dr. Alok Das as its new Group CEO, effective November 11th. The company said that with over 30 years of experience in the renewable energy sector, Dr. Das’s expertise will be instrumental in guiding 35 companies within the KP Group, including KPI Green Energy and KP Energy, toward […]

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NDCs 3.0 A Key For Global Goal To Triple RE By 2030: IRENA

Even if all COP announcements to date were to be fully implemented, a significant CO2 emission gap would still need to be closed by 2050, according to the World Energy Transitions Outlook 2024 of IRENA. Released at the opening of the UN Climate Conference COP29 in Baku, Azerbaijan, the Agency’s 1.5°C Scenario outlines a net-zero […]

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Green Stocks: Borosil Renewables Stock Price Surges Amid Q2 Results

On a day when the Indian solar glass manufacturer announced its Q2 results and H1 results, its stock prices soared to 9 percent, compared to its closing price last Friday. The share prices kept on increasing just before the results were announced. Besides, Borosil Renewables, only three forms Shakti Pumps, Tata Power and JSW Energy […]

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