SUBSCRIBE NEWS LETTER

Adani Solar modules

How Adani Solar Is Gearing Up For The Next Wave Of Growth

With RE Manufacturing in India having a crucial role to play in achieving RE targets of 175 GW by 2022 and 450 GW by 2030, Adani Solar as India’s largest integrated solar Cell & Module Manufacturer, is gearing up with planned expansion up to 3.5 GW of solar Cell & Module Manufacturing capacity from current 1.5 […]

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Solar PLI Tender Gets Massive Response, Close to 55 GW Worth Bids Submitted

The Solar PLI tender, (Production Linked Incentive)  where IREDA is the implementing agency, has received a massive response from bidders, with just 9 bidders going for 4 GW capacity creation each. Another 9 bidders make up the remaining bids for 18,809 MW of capacity building. (View Scheme Details Here) The PLI Scheme has divided an […]

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TPREL Commissions 150 MW Solar Project in Rajasthan

Tata Power Renewable Energy Ltd. (TPREL), a wholly-owned subsidiary of Tata Power, has commissioned a 150 MW solar power project in Loharki, a village in Rajasthan. Spread across 756 acres of land, this plant is expected to generate more than 350 million units annually. Approximately 656,700 modules were used in the project, and the installation […]

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IPO Time For India Solar Equipment Manufacturers In 2021

After a long wait, initial reports are finally coming out regarding plans by major Indian solar equipment manufacturers planning Initial Public Offers. We refer to a long wait simply  because the markets have been buoyant for a while now, and have duly been followed by an IPO wave the likes of which has rarely been […]

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With Safeguard Duty Expiry A Day Away, Solar Bodies in a Huddle For Way Forward

With the Safeguard Duty (SGD) on solar modules expiring tomorrow, there is predictable anxiety among Indian module manufacturers on the future after the duty expires. Currently, there is an ongoing investigation by the Directorate General of Trade Remedies against alleged Chinese dumping of modules, which has got delayed due to a court intervention. Thus, a […]

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R.K. Singh Acknowledges Tariff, Non-Tariff Barriers To Stay For Solar Equipment

In what seems to be a clear ramp up of pressure to buy locally and block imports, Power and MNRE Minister R.K. Singh has categorically referred to both tariff and non-tariff barriers as a way to achieve this objective. Speaking at an industry event on  self reliance in renewable energy manufacturing organised by the Confederation […]

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The Reliance Effect On Solar. Who Should Worry?

When Mukesh Ambani, Chairman of Reliance Industries stepped up to announce the conglomerate’s plans last week on June 24, anticipation was high. On the menu were announcements related to a much awaited $15 billion deal with Saudi Aramco, the World’s largest oil firm, for an oil to chemicals spinoff and and investment, and the contours […]

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Solar Gets Its Big Hitter In India As Reliance Announces Rs 75,000 Cr Investment Plan

After hinting at big plans in the renewable energy sector last year, India’s largest private sector enterprise, Reliance Industries limited, has finally announced its plans. The company’s Chairman, Mukesh Ambani, picked the firm’s 44th Annual General Meeting (AGM) for its shareholders, as usual, to make the big announcements. The key announcements, and their implications for […]

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25 Years Life? PVEL Rings Alarm On High Failure Rate Among Modules

Solar’s huge rise has been matched with an even bigger expansion in capacity, primarily in China, and now, the rest of the world too. With manufacturing capacities rising from 25 GW in 2015  to over 400 GW today. These have driven costs lower, even as incremental innovations across the value chain have also helped. For […]

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