SUBSCRIBE NEWS LETTER

Vikram solar

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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South India’s Second Big Renewable Push Starts Now

Introduction Back in 2014-15, when the new government of Prime Minister Modi first took stock, and hiked India’s renewable energy target 5 fold to 175 GW by 2022, a number of assumptions were made. From the share of solar (100 GW), to the share of rooftop solar within that (40 GW), Wind energy (60 GW) […]

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PVEL Scorecard 2022 Confirms Improving Quality, Performance From Top Manufacturers

PV Module Reliability Scorecard 2022 is out. 25 manufacturers have made it to the list. 3 India based manufacturers, Adani Solar, Vikram Solar and Waaree Solar make it to the list, although only Adani Solar seems to have performed creditably across all parameters. The Germany based PVEL’s scorecards summarise results from the independent testing and […]

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April 2022 ALMM List. 10 New manufacturers, 1.2 GW Fresh Capacity Approved

The Ministry of New And Renewable Energy (MNRE), in keeping with its regular updates to the ALMM list (Approved List of Module Manufacturers), released the newest update to the list on April 5. The updated list has 10 new manufacturers, besides an additional 100 MW capacity for Tata Power and 711 MW for  Premier Energies. […]

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Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch

Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […]

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Budget 2022- As Wishlists Grow Longer, What Can Renewables Industry Expect

The Union Budget for 2022, scheduled to be presented on Feb 1, 2022, is probably done and dusted for all practical purposes by now. Changes if any, would have been made, representations considered and dealt with, and the focus now on balancing the books. In that situation, we check out the key industry demands from […]

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Waaree Energies Gets SEBI Nod For Rs.1500 Cr IPO

Waaree Energies Ltd, one of the country’s largest solar module manufacturers has received approval from markets regulator SEBI to launch its initial public offering (IPO). In September, the company had filed draft papers with SEBI. The IPO comprises fresh issue of shares worth Rs 1350 crore, and an offer for sale up to 4,007,500 equity […]

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Decoding The Reliance Gambit In Renewable Energy

It All Started in 2017 It was on the firm’s 40th anniversary celebrations in 2017 that Mukesh Ambani, Chairman, Reliance Industries first asked the rhetorical question, “Can Reliance become a clean energy company?”. “Why Not?”, he answered it himself at the time, without getting into any further details. Almost three years later, at the firm’s […]

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The Waaree Energies IPO Finally Moves Closer, Marks A Major Step for Manufacturers

Mumbai-based Waaree Energies, India’s largest solar module manufacturer, has filed a draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) to raise Rs 1,350 crore via an initial public offer (IPO). The issue will also have an offer for sale by promoters. The news comes even as enough indications […]

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