SUBSCRIBE NEWS LETTER

PV modules

Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans

Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […]

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China’s Solar Dominance: How Key Consumer Markets Are Adapting

Governments across the globe are increasingly investing in various sources of new and renewable energy to reach their targets of either achieving carbon neutrality or reducing emissions considerably to help realise the goal of the Paris agreement – limiting the rise in global temperature below 2-degree celsius from pre-industrial levels. Solar power is one of […]

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Updated ALMM Manufacturer List For September

The ALMM (Approved List of Module Manufacturers) list for Indian domestic manufacturers has been updated by the Ministry of New And Renewable Energy (MNRE) once again after last month’s (August 2022) list. This latest update lists (September 2022) 75 companies in total, including 8 new module manufacturers with a cumulative capacity of 1,411 MW. Overall […]

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REI Expo 2022 Kicks Off with Great Enthusiasm, Presence of MNRE Minister

Informa Markets in India launched the Crystal Edition (15th anniversary) of Asia’s biggest REI Expo, the Renewable Energy India Expo 2022 at the India Expo Mart, Greater Noida, Delhi-NCR. Over 500 top exhibitors showcasing more than 750 brands were present on the show floor. The first day of the REI expo was graced by dignitaries […]

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Cabinet Approves Second Tranche of PLI Scheme For Solar Module Manufacturing

The second tranche / phase of the Production Linked Incentive (PLI) scheme for the advancement of solar PV modules, with an outlay of Rs 19,500 crore, was approved by the Union Cabinet on September 21. In a press conference held after the Cabinet meeting, Union Minister Anurag Thakur stated that the PLI for the “National […]

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Vikram Solar Awarded 350 MW Module Supply Order in US

Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider has been awarded a 350 MW module supply order from a leading Independent Power Producer (IPP) in the United States (US). The project will be located in the state of Arizona. The firm claims that the order further strengthens Vikram Solar’s […]

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EESL Issues Tender for 24 MW Solar Module for Maharashtra

A Joint Venture of NTPC Limited, Power Finance  Corporation, REC and POWERGRID- Energy Efficiency Services Limited (EESL)- has floated a tender for 24 MW solar modules supply for Maharashtra. According to the tender document, all solar modules should be poly-crystalline & the capacity of all modules should be 330 WP or above. The modules are […]

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Tata Power Solar Receives LoA For 100 MW Project From SJVN

To build a 100 MW ground-mounted solar project for an Indian public sector undertaking firm SJVN Ltd (Satluj Jal Vidyut Nigam Limited), Tata Power Solar was given a “Letter of Award” (LoA) worth Rs. 612 crores. Tata Power Solar is a solar EPC business and wholly owned subsidiary of Tata Power Renewable Energy. The Government […]

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