Solar

Zodiac Energy Receives Its First International Solar Order

Indian Renewable Energy company Zodiac Energy today announced receiving its first international rooftop solar order. The firm in its latest filing before exchanges informed its investors about the details of the order. The firm said that it received the order from Zambia to construct a rooftop solar system on a turnkey basis. This project will […]

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ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge

A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […]

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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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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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Coal India Issues EPC Tender For 1 GW Solar Project in Rajasthan

Coal India Limited (CIL) has now issued an EPC tender to develop a 1 GW (AC) solar project in the Bikaner district of Rajasthan. This project is planned to be set up in the Pugal tehsil of Bikaner. It will be developed either by Coal India or through its proposed Joint Venture with Rajasthan Rajya […]

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Federal Bank, Ecofy Tie Up For Boosting Rooftop Solar Financing

Federal Bank has announced partnering with green fintech company Ecofy to offer innovative financing solutions for MSMEs investing in commercial rooftop solar installations. This collaboration marks one of the first comprehensive co-lending partnerships specifically designed to address the unique solar financing needs of the MSME sector, the companies said. The program targets financing 3,600 kW […]

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Punjab: Gensol Secures 22 MW Solar Project From A Steel Firm

Indian renewable energy company Gensol Engineering Limited today announced securing the first large turnkey solar project from a steel product company in Punjab. The project involves the development of a 22 MW ground-mounted solar PV power plant, with a total contract value of INR 88 Crore is set to be executed over a 6-month period. […]

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