SUBSCRIBE NEWS LETTER

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Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps

Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […]

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Green Stocks Jan 9: Slide Continues Unabated For Green Stocks

The slide in prices continued to weigh down most of the stocks, as all, except Borosil Renewables, and Acme Solar suffered losses today or barely held on. While Acme Solar rode the announcement of a small commissioning, that is clearly no guarantee of stock performance in the future, as broader market sentiments shift. For now, […]

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ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge

A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […]

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After A Lull, Borosil Renewables Plans Expanding Production

After a lull, Indian solar glass company Borosil Renewables has planned to take steps towards increasing its production. This comes after two key steps taken by the Indian government. One is the imposition of Basic Customs Duty (BCD) on solar glass import and another one is the imposition of anti-dumping duties against imports of solar […]

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Wafer Process: Reliance-Backed NexWafe GmbH Announces Breakthrough

NexWafe GmbH (NexWafe) has announced significant breakthroughs in its solar wafer manufacturing technology. The firm seeks to make ultra-thin, high-efficiency, monocrystalline, low-carbon footprint solar wafers with an energy footprint 40% lower than conventional wafer making. The German company achieved cell efficiencies equivalent to Czochralski (CZ) wafers in a production environment, marking a major milestone. Additionally, […]

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Falling Module Prices Trigger 13% Drop In EU Solar Investments: Report

SolarPower Europe’s latest report highlights the addition of 65.5 GW of solar capacity in the region. Despite a yearly growth of 4.4%, this year’s growth marks the lowest market growth since 2017. However, the slowdown was anticipated following the exceptional surge in 2022 and 2023. The growth during that period was largely driven by soaring […]

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Renewable Cost Analyst

The Renewable Systems and Technology team is responsible for developing and managing cutting-edge market intelligence solutions, delivered through our comprehensive suite of software-as-a-service (SaaS) products, including price benchmarking, cost escalation, forecasting, renewable asset cost estimating, commodity exposure, supply chain risks, carbon (GHG) emissions, and much more. Our clients primarily leverage these insights for strategic planning, […]

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RMC Switchgears Plans To Foray Into Solar Manufacturing

Renewable energy company Rajasthan-based RMC Switchgears has now planned to venture into solar manufacturing. The company which recently also ventured into the solar EPC business has now plans to try hands-on manufacturing. The firm also plans to start the manufacturing of solar modules and mounting structures with a capacity of 1GWp each. The firm has […]

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