SUBSCRIBE NEWS LETTER

PM KUSUM

Here’s how Indian Solar Industry Evaluates the Budget 2020

The stakeholders from the solar industry has broadly welcomed the Narendra Modi led NDA government’s Union Budget 2020, as this time the power and renewable energy sector managed to get more attention in the budget. This time Finance Minister Nirmala Sitharaman’s budget got more relevance as it came at a time when the country’s economy […]

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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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COVER STORY: India’s Different Path For Solar Module Manufacturing

On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […]

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Insolation Gets 38.43 MW Solar Projects in Rajasthan for ₹134 Cr

Jaipur-based Insolation Energy has recently secured a Letter of Intent (LOI) to develop multiple solar projects in its home state of Rajasthan. The company shared the details about the project in a regulatory filing, which stated, “From these three LOIs, Insolation Energy will develop a combined solar power capacity of 38.43 MW. The final levelized […]

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GP Eco Solutions Secures Multiple Solar Projects From UPNEDA

Noida-based solar and storage solutions firm GP Eco Solutions India received a Letter of Award (LoA) from the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for multiple solar projects. While announcing the recent win in a regulatory filing, the company stated, “GP Eco Solutions has secured the Letter of Award (LoA) from the […]

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Amrut Energy Secures ₹100 Cr From Private Equity Investors

Amrut Energy Pvt Ltd, a leading manufacturer of solar water pumps and renewable energy solutions from Ahmedabad, has successfully raised ₹100 crores in funding from private equity investors. This investment will propel the company’s rapid growth, expand its manufacturing capabilities, drive research and development, and scale operations across underserved regions. The investment will expand manufacturing […]

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Shakti Pump Secures Land To Setup Solar Cell, Module Manufacturing Facility

Madhya Pradesh-based solar pump company, Shakti Pumps, has recently secured land for setting up a solar cell and PV module manufacturing facility using wafers as input material. The company announced this development in a regulatory filing, stating, “Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 113 acres of land to our wholly owned subsidiary, […]

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MP Pushes To Provide Solar Pumps To 30L Farmers Over Next Three Years

Madhya Pradesh Chief Minister Mohan Yadav has advocated for making farmers of the state self-reliant by giving solar pumps to 30 lakh farmers in the next three years. He said, “This will make our farmers not only food providers but also energy providers. Yadav said that “our government is going to provide permanent electricity connection […]

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Module Demand To Rise Significantly In FY26, FY27: SBI Caps

A latest report from SBI CAPS claimed that the annual module demand is likely to touch 100 GW soon. The report said the higher demand is likely to be triggered with the faster pace of adoption of solar power. The report also said that the faster pace of PM Surya Ghar scheme installations could also […]

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