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demand and supply

Inox Wind To Scale Up Executions With A New ‘Net Cash Positive’ Tag

Bolstered by a recent infusion of Rs 900 crores from its parent company, Inox Wind Energy Limited (IWEL), Inox Wind, an Indian wind energy company, is now poised to accelerate its execution pace. The company’s top management recently discussed the increase in its order book. In the latest investors’ call, Devansh Jain, Executive Director of […]

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Borosil Renewable Seeks More Protection For Indian Solar Glass Firms

Indian solar glass manufacturer Borosil Renewable is now in favour of changes in government tender documents to ensure use of only ‘domestically produced solar equipment’ like solar glass. This, the management said, is needed to protect the Indian solar glass companies, which are plagued with the challenges emanating from the stiff competition from the Chinese […]

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In India’s Renewable Push, UP’s Energy Crop Farmers See Little Hope

Ranjit Singh, 36, is a farmer in the Lakhimpur Kheri district of Uttar Pradesh. He owns 10 acres of fertile land in this region, which he mainly uses to grow sugarcane. After several months of arduous work on his farmland, he harvests this crop and sends it to his nearest sugar mill, around 12 km […]

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India May Add 30 GW Of Renewable Capacities In 2024-25

India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy […]

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Solis Leads Globally In Residential Solar Inverters

Solis (Ginlong Technologies), a global leader in solar inverter technology, has announced that it has received the #1 ranking position in global residential inverter shipments, as reported in the latest Wood Mackenzie inverter market share report for 2023. This represents a significant rise from Solis’ previous standing as the world’s third-largest PV inverter manufacturer across […]

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EESL Issues Bid To Setup 70 MW Solar Projects In Maharashtra

To scale up demand for energy efficiency sector projects and to utilize the financing received from the Asian Development Bank (ADB), the Energy Efficiency Services Limited (EESL) opened bids from eligible source countries of ADB to set up 70 MW of Solar Power Generating Systems (SPGS) in Maharashtra. EESL invited the bids in a sealer […]

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AXITEC Unveils New 300 MW Solar Module Plant In Tamil Nadu

Solar module manufacturing company AXITEC has now announced the opening of its latest solar module manufacturing plant at Tiruvallur in Tamil Nadu. The new production facility has a total capacity of 300 MW. The company has now planned to use this facility to make DCR modules with TOPCon technology and besides other conventional modules. “This […]

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Global Solar Inverter Shipments Grew By 56%: Wood Mackenzie

Solar inverter shipments surged by 56%, reaching 536 Gigawatts (GW) of alternating current (GWac) in 2023, reflecting robust growth in the solar industry, a latest report from Wood Mackenzie said.  According to Wood Mackenzie’s “Global Solar Inverter and Module-Level Power Electronics Market Share 2024” report, the top 10 global PV inverter vendors captured 81% of […]

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