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Borosil Renewables Reports Rs. 8.64 Cr Loss in Q3 FY25

Indian solar glass manufacturer Borosil Renewables recently announced its financial results for Q3 FY25. The company reported an EBITDA of Rs. 20.89 Cr, a significant decline from Rs. 52.88 Cr in the previous quarter. As a result of the lower EBITDA, Borosil posted a post-tax loss of Rs. 8.64 Cr in Q3 FY25, compared to […]

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Retired Wind Turbine Blades To Be Used For Road Construction

A Chinese research team has developed an innovative technology to repurpose aging wind turbine blades, offering a sustainable solution to the growing challenge of decommissioned turbines. After five years of research, the team, led by Tang Zhicheng from the Lanzhou Institute of Chemical Physics under the Chinese Academy of Sciences, has introduced a method that […]

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China’s Renewable Sector Enters New Era with Market-Driven Pricing

China’s National Development and Reform Commission (NDRC) and the National Energy Administration (NEA) recently issued a joint notice outlining measures to deepen the pricing reform for electricity generated from renewable sources. The reform focuses on three key areas: allowing market forces to determine renewable power prices, creating a pricing and settlement mechanism that supports long-term […]

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India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn

Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […]

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Tata Power’s 4.3 GW Solar Cell & Module Plant In TN Inaugurated By CM

As MK Stalin, the Chief Minister of Tamil Nadu formally inaugurated its latest 4.3 MW cell and module manufacturing plant, TP Solar Ltd finds itself in a sweet spot. Tata Power’s Solar manufacturing arm & a subsidiary of Tata Power renewable Energy Limited new plant at Tirunelveli, Tamil Nadu underscores its position among the leaders […]

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Q3 Results: Premier Energies Reports 490% Rise In Profits

Hyderabad-based solar company Premier Energies has now announced the financial results for the third quarter (Q3) of FY25. The Indian solar module and solar cell manufacturer reported a significant rise in profits for the third quarter (Q3) of the financial year 2025 (FY25). This comes close after the entry of the company into the stock market […]

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French Wafers To Modules Solar Manufacturer Photowatt To Shut down

Photowatt, one of the few European solar manufacturers that offered solar wafers,cells and modules has been shut down after parent firm EDF Renewables decided to switch off further support for the struggling maker. EDF had acquired Photowatt in 2012. The closure comes at a time when solar manufacturing in Europe is pretty much unviable in […]

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2024: China Installs 8 GW Solar Projects In Belt & Road Countries

Chinese companies installed 24 Gigawatts (GW) capacity in Belt and Road (B&R) countries in 2024, according to a new report from Wood Mackenzie. This record number doubles the capacity installed in 2023 and is a new high for investment since the initiative was launched in 2013. Notably, renewable energy sources, particularly solar and hydropower, led […]

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As India Goes Past 100 GW Solar Milestone, No Time To Rest

If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […]

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