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Shakti Pumps Cites DCR Cells Shortage, Prices For ‘Moderate’ Growth

Issues linked to Domestic Content Requirements (DCR) mandates in solar projects appear to be reaching a head for solar developers in India. The mandate, which enforces use of only DCR cells and modules for almost all solar projects in India with exemptions only for select categories, has been causing a lot of heartburn in the […]

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Sharika Wins Rs. 155.78 Cr Work Order For NHPC’s Rooftop Solar Project

NHPC recently awarded Uttar Pradesh-based Sharika Enterprise a 4 MW contract to develop rooftop solar power projects. The company disclosed this in a regulatory filing, stating, “The contract is for the development of rooftop solar power projects with a total capacity of 4 MW on buildings of NHPC.” Sharika said in a regulatory filing, “The […]

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As India Goes Past 100 GW Solar Milestone, No Time To Rest

If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […]

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Gujarat Issues Norms For Setting Up Off-Grid, Hybrid Projects

The Gujarat Energy Development Agency (GEDA) recently released guidelines for setting up off-grid solar, wind, and wind-solar hybrid projects in Gujarat. These guidelines aim to streamline procedures for these projects, including storage registration. The Gujarat government introduced this policy in response to requests from renewable energy project developers and to address challenges they face in […]

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South America Solar Growth in 2024: Achievements and Challenges

South America continued its steady solar growth over the last half-decade in particular, and overall renewable energy capacity additions in general, through the year 2024. Brazil remained the biggest market on the Latin American continent, with other nations like Chile, Colombia, and Costa Rica showing diversity in renewable progress. On the other hand, Chile’s massive […]

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Q3 FY25 Results: Suzlon’s Profit Rises 91% YoY To Rs. 388 Crore

Wind energy company Suzlon Group announced its third-quarter results for the financial year 2024-25 (Q3 FY25), ending on December 31, 2024, reporting a 91% increase in revenue to ₹2,969 crore. The company also recorded a 102% rise in EBITDA, reaching ₹500 crore. Its profit after tax (PAT) grew by 91% to ₹388 crore. Additionally, Suzlon […]

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Jaipur To Add Another GW Sized Solar Plant, From RMC Switchgears Now

The Rajasthan-based renewable energy company, RMC Switchgears, recently conducted a Bhoomi Poojan ceremony for its new solar module manufacturing plant in Chaksu, Jaipur. This will be an addition to its existing unit in the region. RMC Switchgear shared, “The company conducted the ‘Bhoomi Poojan Ceremony’ for its new solar module manufacturing plant, with a proposed […]

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Gensol Electric’s EV Launches Garner 30,000 Pre-Orders

Gensol Electric Vehicles Pvt. Ltd. (GEVPL), a subsidiary of Gensol Engineering Limited , stood out at the recently concluded Bharat Mobility Global Expo 2025 with the grand unveiling of its micro urban mobility compact electric vehicle, ‘EZIO’ and a last-mile delivery and cargo electric vehicle ‘EZIBOT’. The company has announced 30,000 pre-orders received for EZIO and EZIBOT […]

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Tata Power Solar Gets ₹455 Cr Order To Supply 300 MWp Modules To MSPGCL

Tata Power Solar Limited (TP Solar) a wholly owned subsidiary of Tata Power Renewable Energy Limited (TPREL) has signed a contract with the Maharashtra State Power Generation Company Limited (MSPGCL) to supply 300 MWp of ALMM-certified solar modules for the Mukhyamantri Saur Krushi Vahini Yojana (MSKVY) 2.0 project. The contract is valued at approximately ₹ […]

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