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Global Battery Deployment Surges 15%, BESS Gains 55%

2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles  (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […]

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Green Stocks Feb 28: High Fliers Continue To Be Pulled Down

Even as markets continued to haemorrhage through new ‘bottoms’ every week, this one has been a particularly tough week for our green pack too. All stocks falling on any day is no longer the rarity it was just a month ago, and today was no exception. Reliance backed Sterling and Wilson Renewable  and Waaree Renewable […]

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First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide

First Solar, Inc. has announced financial results for the fourth quarter and year ended December 31, 2024. The US-based company’s net sales for the fourth quarter were $1.5 billion, an increase of $0.6 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. In an earnings […]

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Custom Duty Failed To Reduce Landed Price Of Solar Glass: Borosil

Indian solar glass manufacturer Borosil Renewables claimed that the imposition of Customs Duty against the import of solar glass failed to reduce the burden of Indian solar glass makers. In the latest investor call, the top management of the firm said that blamed Chinese solar glass makers for reducing their solar glass prices, hurting the […]

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Swelect Plans 500 MW Of Solar Cell Production Soon

Tamil Nadu-based solar module manufacturer Swelect Energy is set to commence solar cell production soon. This move aligns with several other solar module makers venturing into solar cell manufacturing, following the Ministry of New and Renewable Energy’s (MNRE) proposal to implement the Approved List of Models and Manufacturers (ALMM) for solar cells from June 2026. […]

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DhaSh PV Set To Boost Vertical Integration, Diversify Production

Indian solar solutions company Dhash PV is now working towards diversifying its product range for the Indian solar market. The company is now optimistic about the early commencement of its proposed manufacturing unit at Karnataka. Talking exclusively to Saur Energy, Bhupendra Singh Rawat, Chief Executive Officer (CEO) of the company said that the new proposed […]

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With 21.5 MW Turbine, Siemens Gamesa Has An Answer For Dongfang’s 26 MW Wind Giant

Siemens Gamesa recently unveiled an offshore wind  turbine that it claims can generate upto 21.5 MW. With a rotor diameter of between 270 and 280 meters, the SG DD-276 model being taken as the European answer to China’s Dongfang Electric, which claimed the record for the largest offshore turbine globally with a succession of models […]

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Green Stocks Feb 18: Bottom Fishing To Emerge Soon In RE Stocks?

With no respite for the market in a volatile trade environment, green energy stocks continued to be buffeted by the winds from the US. A lot of what US President Donald Trump has already proven to be hot air, but the sheer impact of the US remains large enough to shake up global markets. India […]

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