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Waaree Energies

Azure Power Signs PPA’s For 600 MW With SECI For Its 4 GW Mfg. Linked Projects

Azure Power today announced that it has signed Power Purchase Agreements (PPAs) for 600 MW ISTS connected solar power projects with Solar Energy Corporation of India (SECI), under its 4 GW manufacturing linked projects, which will supply power for 25 years at a fixed tariff of INR 2.54 (~US 3.4 cents) per kWh. The projects will be constructed in […]

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Strong Underlying Demand To Support Solar PLI Scheme Expansion to Rs 24,000 Crore

Power and MNRE Minister R.K Singh has informed a news agency that the government is planning to enhance funding under the production linked incentive (PLI) scheme for the domestic solar cells and module manufacturing to Rs 24,000 crore from the existing Rs 4,500 crore to make India an exporting power. The move follows the strong […]

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November ALMM List. Total Mfg Capacity of 10.8 GW, Vikram Solar Adds 972 MW

The Ministry of New and Renewable Energy (MNRE) has released it’s latest updation to the ALMM (Approved List of Module Manufacturers) list and the list continues to grow over the previous release in October. Making an entry with its new Tamil Nadu manufacturing facility is Vikram Solar, with an approved capacity of 972 MW for […]

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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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Solar PLI Tender Gets Massive Response, Close to 55 GW Worth Bids Submitted

The Solar PLI tender, (Production Linked Incentive)  where IREDA is the implementing agency, has received a massive response from bidders, with just 9 bidders going for 4 GW capacity creation each. Another 9 bidders make up the remaining bids for 18,809 MW of capacity building. (View Scheme Details Here) The PLI Scheme has divided an […]

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Heard at REI 2021- 5 Takeaways From The Expo

At the recently concluded REI 2021, it was an impressive show of strength for the sector, despite the usual hits and misses one would expect in a year like this. So while the Chinese presence was on the lower side, especially Chinese senior management from the top firms like Longi Solar, Jinko, Huawei etc, the […]

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