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Waaree

Five Indian States Account For 75% of Solar Module Manufacturing

India is rapidly expands its solar module manufacturing capacity, with Gujarat, Uttar Pradesh, Telangana, Maharashtra, and Karnataka taking a lion’s share. An analysis of the latest ALMM list of the Ministry of New and Renewable Energy (MNRE) by Saur Energy hinted at this trend. It claimed that around 75 percent of India’s solar module manufacturers […]

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As Solar Exports See Striking Surge, Indian PV Manufacturers Face New Challenges

China  continues its global domination when it comes to the solar supply chain. The leader brought online a whopping capacity of 87.41 GW of new solar power in 2022. As per an IEA report, it  contributed to nearly 90% of solar PV modules manufacturing capacity in 2022. The report further states that this Chinese supply […]

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August ALMM Update, Approved Capacity Nears 20 GW

The Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM), which is a key measure announced by the MNRE in 2019 to give a boost to domestic manufacturing and reduce reliance on imports has updated its list. The list mandates the enlistment of only those models of solar PV module manufacturers, under ALMM, which comply […]

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Adani Solar Recognised As a Top Performer in PVEL PV Module Reliability Scorecard 2023

PVEL, which delves into performance testing for solar PV and storage technology, has released its 9th edition of PV Module Reliability Scorecard, featuring top performers from 35 manufacturers. Adani Solar, the solar PV manufacturing arm of Adani Group, has clinched the Top Performer’s position in the PVEL PV Module Reliability Scorecard 2023. Adani Solar says […]

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ISTS is poised to be gamechanger for renewable energy adoption by India’s corporate sector: Sashi Kant Mishra, Fourth Partner Energy

Tell us about your current ISTS-connected projects. Our portfolio entails Rajasthan with 330 megawatt of AC solar capacity, where we are in the phase two of connectivity. In Karnataka, we have another 300 megawatt of power capacity being set up. The said projects are in phase II of connectivity, with the Rajasthan project at an […]

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Solar PLI Tranche 2 Allocations Released, 48 GW Of Domestic Manufacturing Capacity By 2025-26

The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […]

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India’s Solar Self Sufficiency Dreams Move Ahead With Solar PLI II Bids

Confirmations on the bidders for the phase 2  solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […]

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Thailand’s CP Foods to Solarize 180 Facilities with 65 MW Capacity

Businesses across the world pushing decarbonisation and moving towards net zero commitments. In a key development, Thailand based food conglomerate Charoen Pokphand Foods Public Company Limited (CP Foods) has said that it will increase the installation of solar panels at 180 animal farms, feed mills, and processing plants across Thailand, with a total capacity of […]

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Israel’s Enlight Renewable Energy Raises $252 Million from Nasdaq IPO

Enlight Renewable Energy has now become the first company from Israel that has completed an initial public offering (IPO) on Wall Street in 2023. Enlight is a global renewable energy platform and has raised $252 million from the IPO. Enlight Renewable Energy announced the pricing of its initial public offering of 14,000,000 ordinary shares at […]

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