solar 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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Spain’s Push For Solar Manufacturing With €210 million Funding

Under the NextGenEU initiative, Spain’s Ministry of Ecological Transition (MITECO) has awarded more than €210 million in funding to seven solar PV manufacturing projects. Called the RENOVAL programme,  it is being managed by the Institute for Diversification and Energy Saving (IDAE in Spanish). It announced the results last week. The funds will be provided through […]

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India Headed For 20.7 GW Polysilicon Capacity, Says Minister

Shripad Yesso Naik, Minister of State For Power; and Ministry of New and Renewable Energy, in a written reply before the Rajya Sabha, stated that India has added 48.3 GW of fully or partially integrated solar PV module manufacturing capacity to date. This includes approximately 37.5 GW of ingot and wafer manufacturing capacity, most of […]

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Future Solar Plans 4 GW Module Capacity, Eyes Cell Production

Indian solar module manufacturer Future Solar, which started its journey in the market barely a year back, is now planning to diversify its business and augment its capacity. In an interaction with Saur Energy, the management of the firm highlighted the expansion plans of the firm. The Gujarat-based company now has plans to boost its […]

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Does Europe Need To Subsidise PV Manufacturing?

The European Commission (EC) has been on an overdrive post Covid, launching multiple partnerships and funding for fostering manufacturing and innovation within the continent. Like the Biden administration in the US, the ostensible reason has been a desire to cut dependence on China in the renewable space, especially in the solar and now, battery space. […]

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Krivi Energy Plans Solar Manufacturing, Eyes IPO in 2026

Krivi Energy, another new entrant to the solar manufacturing is now planning big for its near future. The new emerging solar module manufacturer, is gearing up for a significant expansion in the Indian solar manufacturing sector post its entry. The company has outlined an ambitious roadmap that includes increasing its production capacity, launching an IPO, […]

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SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr

Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules.  Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […]

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