India

Waaree Energies Starts Trial Production Of Modules From Its US Plant

Solar module manufacturer Waaree Energies today announced producing its first solar module from its United States (US) manufacturing unit. The full-fledged production from the center is however is likely to start from February 2025. It also said that it has now started its trial production from its US plant. “This is to inform you that […]

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Waaree Renewable To Be Listed In NSE Soon

Indian renewable energy company Waaree Renewable will soon be listed before the National Stock Exchange (NSE). The Engineering, Procurement and Construction (EPC) arm of the Waaree Group recently informed its investors. The BSE-listed company discussed the issue in its latest filings. Its board of Directors recently approved the decision. “This is to inform you that […]

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Green Stocks Dec 19: Green Stocks Slide With Broader Market

The news of the US Fed going in for fewer rate cuts than expected in 2025 spooked global markets, and the Indian markets as well. Thus, interest rate-sensitive sectors reflected the weakness in the markets. Green energy stocks, almost all of which have a healthy debt situation, but will invariably be raising more debt in […]

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Indian Renewable Energy Lending Up By 60%, Says CFA Report

The latest report from the Centre for Financial Accountability (CFA) said that lending for renewable energy projects in India has increased. CFA released its seventh annual Coal Versus Renewables Investment report today, shedding the light on the issue. The report, which traditionally looked at project finance lending to coal, solar, and wind, increased its scope […]

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91,194 Tribal Households Electrified Under RDSS Scheme: Minister

The latest data shared by Shripad Naik, Minister of State (MoS) for New and Renewable Energy, revealed that 91,194 Particularly Vulnerable Tribal Groups (PVTG) households have been electrified to date under the Revamped Distribution Sector Scheme (RDSS). This data includes the electrification of households under the state plan in three states, namely Gujarat, Odisha, and […]

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After A Lull, Borosil Renewables Plans Expanding Production

After a lull, Indian solar glass company Borosil Renewables has planned to take steps towards increasing its production. This comes after two key steps taken by the Indian government. One is the imposition of Basic Customs Duty (BCD) on solar glass import and another one is the imposition of anti-dumping duties against imports of solar […]

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MNRE Denies RE Projects Failing To Secure PPAs

The Ministry of New and Renewable Energy (MNRE) claimed that renewable energy projects in the country are not failing to secure Power Purchase Agreements (PPAs). Shripad Yesso Naik, Minister of State (MoS) for New and Renewable Energy, addressed the issue of unsold renewable energy in a written statement before the Parliament. This follows reports that […]

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APTEL Accepts Solar Thermal Generators Plea, Allows PPA Cancellations

Direct Natural Irradiance (DNI) proved to be a bugbear for three solar thermal generators who set out to build projects based on figures provided by MNRE in 2010. The three generators, namely M/s. Aurum Renewable Energy Private Limited (in short “AREPL”), M/s. Diwakar Solar Projects Limited (in short “DSPL”) and M/s. KVK Energy Venture Private […]

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Wafer Process: Reliance-Backed NexWafe GmbH Announces Breakthrough

NexWafe GmbH (NexWafe) has announced significant breakthroughs in its solar wafer manufacturing technology. The firm seeks to make ultra-thin, high-efficiency, monocrystalline, low-carbon footprint solar wafers with an energy footprint 40% lower than conventional wafer making. The German company achieved cell efficiencies equivalent to Czochralski (CZ) wafers in a production environment, marking a major milestone. Additionally, […]

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