Manufacturing

ACME Targets Rs 10,000cr Revenues From Solar Module, Cell Biz

ACME Group is aiming to generate Rs 10,000 crore in revenue by 2030 from its solar module and cell manufacturing operations, as part of a broader strategy to diversify beyond renewable energy generation. The Gurgaon-based company has entered the solar equipment manufacturing sector with an investment of Rs 230 crore. Its new module manufacturing facility […]

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ALMM: Waaree Remains At Top, Goldi Solar Picks Pace

The latest Approved List of Models and Manufacturers (ALMM), issued by the Ministry of New and Renewable Energy (MNRE), has reported significant changes in various solar companies’ cumulative solar module manufacturing capacities. A comparison of the total capacities of 95 solar module manufacturing units listed under the ALMM revealed that Waaree Energies remained at the top […]

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AP Offers 25% Subsidy For Solar and Wind Energy Manufacturing

Andhra Pradesh (AP) has released operational guidelines for implementing its clean energy policy. These guidelines cover key aspects such as approvals, resource allocation, land allotment, incentives, and statutory clearances. To streamline the approval process, NREDCAP will be required to create a Unified/Single Desk Portal. Through this portal, the government can allocate resources and facilitate the […]

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MNRE: Solar Cells Made With ‘Blue Wafers’ Won’t Qualify As DCR

In a latest move, the Ministry of New and Renewable Energy (MNRE) clarified that domestically manufactured solar cells which are produced using ‘blue wafers’ would not qualify under Domestic Content Requirement (DCR) norms. The ministry issued a formal notification today in this regard. Blue Wafers refer to diffused wafers, usually imported in India from other […]

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Government Confirms 25 GW Solar Cell Capacity Among Nine Firms In India

India at present has around 25 GW of installed solar PV cell manufacturing capacity, according to the Solar PV Manufacturers Associations, the All India Solar Industries Association (AISIA) and the North India Module Manufacturer Association (NIMMA). The data was shared by  Pralhad Joshi, the minister of New and Renewable Energy And Consumer Affairs & Food […]

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GREW Solar Set To Establish 3 GW Solar Cell, Module Unit In MP

GREW Solar, a Chiripal Group venture, is poised to establish a three-stage backward integrated manufacturing unit in Bhopal for solar module production. The company is committed to investing Rs. 3000 crores for the project. Located at Narmadapuram (near Bhopal-MP), the facility spans over a total area of 60 acres. The project is projected to have […]

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Global Solar Installations In 2025 To Stagnate At 493 GWdc: Report

The global solar market continued its growth trend in 2024 to reach 495 GWdc installed capacity, with a 14% increase compared to 2023. A latest Wood Mackenzie report estimates a rise in power demand across regions due to the proliferation of data centers and growing electrification trends. However, the research report also cautions against several […]

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ALMM Update: Waaree Energies Dominates, Tata Power At No.2

The latest details furnished by the Approved List of Models and Manufacturers (ALMM) for solar modules by the Ministry of New and Renewable Energy (MNRE) indicated that Waaree Energies continues to dominate the list with the highest capacity. On the other hand, several module manufacturing companies are following up with their increased expansion plans. This […]

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Andhra Pradesh EV Policy Boosts Private Investment In EV Manufacturing

To transform Andhra Pradesh into an electric vehicle (EV) manufacturing hub, the state recently announced its Andhra Pradesh Sustainable Electric Mobility Policy (2024-29). This policy will be in effect for the next five years, promoting quality infrastructure through private investments, fostering urban mobility growth, and reducing transport-sector emissions to achieve carbon neutrality by 2047. The […]

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