Waaree Energies Supplies 850 MW Solar Modules to Acciona for US Projects Updated On Tue, Nov 28th, 2023 by Saurenergy Waaree Energies Limited has announced it has successfully supplied 850 MW solar PV modules for projects under development in the US by Acciona Energia, a Spain based renewable energy leader that operates more than 1 GW of solar, wind power and industrial-scale energy storage projects in the U.S. The companies also announced a three-year agreement […] Read more
India’s Top Ten Solar Module Manufacturers Updated On Fri, Nov 10th, 2023 by Saurenergy A recent announcement by the All India Solar Manufacturers Association (AISMA) has put the spotlight on India’s surging manufacturing capacity, which has crossed the 60 GW mark recently. Highlighting the details, the association showcased that 27 of the almost 100 manufacturers account for 50 GW of installed capacity now, even as significant fresh capacities are […] Read more
AISMA Announces 60 GW Milestone for Solar Manufacturing In India Updated On Thu, Nov 9th, 2023 by Saurenergy The All India Solar Manufacturers Association (AISMA) has announced a historic milestone for the industry in India – an annual installed capacity of 60 GW of high-end solar module manufacturing in India. This marks a significant increase in capacity over the last few years, from less than 10 GW of low-wattage Polysilicon modules in FY […] Read more
Waaree Bags 135 MW Solar Module Order From NTPC Updated On Wed, Nov 8th, 2023 by Saurenergy Waaree Energies Ltd., India’s leading solar module manufacturer today announced that it is engaged by NTPC Ltd. to supply over 135 MW of solar PV modules. NTPC Ltd is the country’s largest power utility company, with an installed capacity of 73,824 MW. The modules supplied by Waaree Energies Ltd. will be utilized by NTPC Ltd. […] Read more
October ALMM List- Waaree, Vikram Solar Add Co-Branding Agreements Updated On Thu, Nov 2nd, 2023 by Saurenergy The MNRE has recently announced revisions to the ALMM List (Approved List of Models & Manufacturers). The list entails no surprises with Waaree Energies being enlisted for the highest capacity as usual at 2650 MW. Following next is Vikram Solar, enlisted for 1287 MW. Premier Energies has been enlisted for 1116 MW. Thus, Waaree Energies, […] Read more
Waaree Renewable Q2 Results Stay Strong With 24% Growth YoY Updated On Thu, Oct 26th, 2023 by Saurenergy Waaree Renewable Technologies Limited, the Solar EPC /IPP subsidiary of Waaree Group, a solar developer that finances, constructs, owns and operates solar projects, has reported its unaudited financial results for the quarter ended September 30, 2023. The firm which has moved to a much faster growth path since 2021-22, has delivered a strong set of […] Read more
August ALMM Update, Approved Capacity Nears 20 GW Updated On Fri, Aug 4th, 2023 by Saurenergy The Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM), which is a key measure announced by the MNRE in 2019 to give a boost to domestic manufacturing and reduce reliance on imports has updated its list. The list mandates the enlistment of only those models of solar PV module manufacturers, under ALMM, which comply […] Read more
Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26 Updated On Tue, Mar 28th, 2023 by Saurenergy The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […] Read more
Solar EPC: After Strong 2022, Industry Looks Ahead To Continuity in 2023 Updated On Tue, Jan 31st, 2023 by Saurenergy The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […] Read more
