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Alpex Solar Aims At Higher Backward Integration

Public-listed company Alpex Solar is set to strengthen its backward integration strategy. The solar module manufacturer, which began its journey 18 years ago, is now preparing for significant expansion. Currently boasting a solar module manufacturing capacity of 900 MW, Alpex plans to diversify into solar cell manufacturing, aluminum frame production and expand as an Independent […]

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BIPV Consumers Need Better Tariff Support: CSTEP-GIZ Report

The latest draft report prepared by two think tanks batted for preferential tariffs for the consumers of Building Integrated Photovoltaics (BIPV). Centre for Study of Science, Technology, and Policy (CSTEP) and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) has prepared this document. This document has been prepared as a draft guideline for BIPV in India. The […]

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MP Govt Approves 442.04 Acre Land For RE Equipment Manufacturing

The Madhya Pradesh Cabinet has now approved the expansion of the area of ​​Industrial Area Mohasa-Babai in Narmadapuram district to promote electrical and renewable energy equipment manufacturing. At a council of ministers meeting, the Madhya Pradesh (MP) Chief Minister Mohan Yadav approved the expansion plans.   The Cabinet decided to add 442.04 acres of land in Industrial […]

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US Adds 9.3 GW Of New Solar Module Manufacturing Capacity In Q3: Report

The latest report from the US Solar Market Insight said that the United States (US) added 9.3 gigawatts (GW) of new solar module manufacturing capacity in Q3 of 2024. According to the US Solar Market Insight, Q4 2024 report released today by the Solar Energy Industries Association (SEIA) and Wood Mackenzie, five new or expanded factories […]

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SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra

The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […]

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Gujarat, Maharashtra Top In PM-KUSUM (Comp-C): Data

The latest government data revealed that Gujarat and Maharashtra topped the list under Component C of the PM-KUSUM scheme. The scheme is aimed at solarising existing agricultural pumps and feeders. Minister of State (MoS) for New and Renewable Energy Shripad Yesso Naik recently submitted data on the scheme’s implementation in a written reply to the […]

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Bangladesh Can Save US$1.2bn Annually Through Power Reforms: IEEFA

The Bangladesh Power Development Board (BPDB) can save Bangladesh Taka (Tk) 138 billion (US$1.2 billion) of annual loses, funded by government subsidies, through electricity sector reforms targeted at addressing core problems, according to a new report by the Institute for Energy Economics and Financial Analysis (IEEFA). The report highlights Bangladesh can achieve the savings by […]

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Maharashtra, Tamil Nadu Remain Leaders In EV Manufacturing: Data

Maharashtra and Tamil Nadu remained the biggest beneficiaries of the Union government’s Production Linked Incentives (PLI) scheme for the automobile sector. The latest data from the Ministry of Heavy Industries indicated that these states became the hotspots for investments in electric vehicle (EV) manufacturing under the scheme.  Union Minister for Heavy Industries and Steel HD […]

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