India

ALMM: India’s Enlisted Solar Module Manufacturing Capacity Touches 41.5 GW

The latest updated Approved List of Models and Manufacturers (ALMM) list released by the Ministry of New and Renewable Energy (MNRE) reported a rise in domestic solar module manufacturing capacity. As per the latest ALMM list, released by the MNRE, the total enlisted solar module manufacturing capacity in India touched 41,463 MW. The latest list […]

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Hartek Group Secures Rs 474 Crore Solar Project In Rajasthan

Hartek Group has announced it has bagged the EPC contract bagged at a value of Rs 474 Crore. The large turnkey order, awarded by a prominent global renewables IPP underscores Hartek Group’s leading position in the industry encompassing the entire project lifecycle. The project entails the development of a sprawling 300MW ground-mount solar PV power […]

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Gensol Receives Order For Rs. 1783 Crores From Two Companies

Gensol Engineering Limited has received a total order of Rs. 1783 Cr. for two projects from solar EPC and Let’s EV. The company received an order for Rs. 1783 Crores at the beginning of the Financial Year (FY25), signaling a promising year. It received this order from one Solar EPC (India & Middle East including […]

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Dalmia Cement To Pick 18% Stake In Wind Power Firm O2 Renewable Energy Subsidiary

Indian cement manufacturer Dalmia Cement (Bharat) Limited (‘DCBL’) has announced it has entered into a Share Purchase Agreement (“SPA”), Deed of Accession (‘DOA’), and Power Purchase Agreement (‘PPA’) on April 5 to acquire 18.13% of the equity share capital of O2 Renewable Energy V Private Limited, consisting of 68,99,293 equity shares aggregating to Rs.7.80 crore […]

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As Govt Reimposes ALMM, New Challenges Emerge For Solar Industry

Approved List of Module Manufacturers (ALMM) reimposition in India by the Ministry of New and Renewable Energy (MNRE) has led to speculations in the solar industry ranging from solar module manufacturers, and developers to other stakeholders. The ministry had earlier kept it in abysence for a few years to allow the domestic solar market to […]

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To Meet AgriPV Capacity Of 20 GW In India By 2040, 1.1 Lakh Jobs To Be Created-Report

India’s potential for Agri-Photovoltaic (APV) varies significantly across districts, ranging from 3,156 GW to 13,803 GW for various APV technologies according to recent report. In a report by the Fraunhofer Institute for Solar Energy Systems, EY, and CSTEP they projected APV capacity from 2024 to 2040, to achieve a cumulative addition of 20 GW and […]

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Hyundai-Kia Signs MoU With Exide Energy For India EV Batteries

South Korea-based auto companies Hyundai Motor Company (HMC) and Kia Corporation have announced a partnership with India’s Exide Energy Solutions Ltd to make electric vehicle batteries in the country. The companies have signed a Memorandum of Understanding (MoU) regarding manufacturing the EV batteries in India, reported news agency Reuters. According to the report, the South […]

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45 Firms Now Manufacture Smart Electricity Meters For India, Reveals CEA

The Central Electricity Authority (CEA) has now issued a list of smart meter and net meter providers in the country. CEA is a constituent body of the Ministry of Power. The CEA list indicated that a total of 45 companies provide smart electricity meters for India. On the other hand a total of 12 companies […]

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