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India Likely To Add 45 GW Of New Renewable Capacities By 2025: Report

A latest report by CareEdge ratings claimed that India is likely to add 45 Gigawatt (GW) of new renewable energy capacities in the next two fiscals. The rating agency said the estimates were based on the healthy project pipeline and a strong bidding roadmap laid by the government. The report also sheds light on the […]

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Avaada Group Successfully Pockets INR 10,700 Cr as Funding

Avaada Group, an integrated energy platform, has announced the successful closure of INR 10,700 crore ($1.3 billion) funding round. The firm says this marks a historic moment for the green energy industry in Asia and India’s renewable energy sector as this funding round is the largest equity round ever raised by any green energy company […]

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Germany Joins The Solar Manufacturing Push, Calls Bids For 10 GW Capacities

With the EU pushing to create manufacturing capacities for clean energy technologies, Germany, an erstwhile pioneer in solar manufacturing till China swamped everyone, has joined the effort to bring back solar manufacturing to the continent. The Federal Ministry of Economics and Climate Protection (BMWK) in Germany, analogous to India’s MNRE, has launched a request for […]

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Vikram Solar’s $1.5 Billion US Manufacturing Bet

News about Kolkata-based Vikram Solar’s plans for a manufacturing push into the US might have surprised a lot of industry watchers, but it is really not as surprising as it seems. A new venture backed by one of India’s oldest solar panel manufacturers at a serious scale announced plans last week to invest up to […]

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Polysilicon Prices Continue Slide, Developers Hopeful Of Lower Solar Module Prices

For all the record capacity additions and installations in solar power, polysilicon prices have continued their downward move, halfway into 2023. Rising polysilicon prices, Prices that had peaked at CNY (Chinese Yuan) 360,000/mt ($39/kg) have dropped to as low as 80,000 CNY/Mt (around $9.5 /kg), helping push down solar panel costs for manufacturers. Even as […]

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Aiming To Bring Down Energy Storage Costs: Manish Narula, Jinko Solar 

Manish Narula is the Executive Vice President of Chinese solar manufacturer–Jinko Solar (South Asia). In an exclusive interview with Saur Energy in Hyderabad, Narula talked about his company’s experiments with newly-started energy storage devices, bifacial solar panels, and the future of these in India. Excerpts:   How has the experience of Jinko Solar been in India till now? […]

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Delhi Hosts The Largest Number of 4-Wheeler EVs in India, Says Govt Data

The latest data from the Ministry of Heavy Industries claimed that New Delhi hosts the higher number of Electric Vehicles (EVs) in the four-wheeler segment out of all the Indian states. The trend has come to the fore through an analysis of the ministry data based on their dashboard on the total number of EVs sold in […]

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Primed For Growth, Cosmic PV Power Rides India’s Solar Manufacturing Boom

Tell us about the current capacity of Cosmic PV Power. Cosmic PV Power Pvt. Ltd. was established in 2020, with a view to manufacture solar modules. The firm has developed engineering capabilities in producing high-efficiency PV modules in line with the Make in India objective. After the successful completion of the existing 250 MW manufacturing […]

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India To Become World’s Second-Largest Solar PV Manufacturer By 2026: Study 

A recent joint study by the Institute of Energy Economics and Financial Analysis (IEEFA) and JMK Research & Analytics claims that India will likely become the second-largest solar photovoltaic (PV) module manufacturer by 2026. The report claimed that India’s total module manufacturing capacity more than doubled from 18 Gigawatt (GW) in March 2022 to 38 GW […]

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