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domestic manufacturing

Budget 2024: Govt Imposes New Customs Duty On Solar Glass

Union Finance Minister Nirmala Sitharaman today presented the Union Budget for 2024-25 before the Parliament. The minister talked about several steps taken by the government towards India’s sustainable energy transition besides rolling out some more plans of the government to boost the growth of the renewable energy industry in the sector. She also talked about […]

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What The Indian EV Sector Expects From Union Budget 2024

With a day left for the Union Budget, the Electric Vehicle (EV) and the battery manufacturers, battery recycling companies have pinned their hopes on the budget. The industry now expects attention to the sector to weed out some of the major hurdles in the sector.  Following are the expectations of the industry from the budget– […]

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What The Renewable Industry Expects From Union Budget? 

Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […]

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Indian Wind Sector Prone To Cybersecurity Risks: NITI Aayog Report

A recent report by NITI Aayog identified emerging concerns in cybersecurity for the Indian wind sector due to the import of components for the wind sector, particularly from China, by the Wind Turbine Original Equipment Manufacturers (OEMs). The report proposes a multi-pronged approach integrating policy interventions, manufacturing support, and robust cybersecurity measures. Given the increasing […]

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5 Key Points for India on the Road to 300 GW Solar by 2030

India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […]

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Waaree Subsidiary Indosolar Commences 1.30 GW Solar Module Facility

Indosolar Limited, a subsidiary of Waaree Energies Limited today announced the inauguration of its solar module manufacturing facility in Noida. The company in a media statement today said that with a production capacity of 1.30 GW, this factory marks a milestone in its domestic manufacturing and is expected to accelerate employment opportunities, and contribute towards […]

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Swift Solar Announces $27 Million Series A Funding Round

Swift Solar, an American solar technology company has announced the close of its $27 million Series A financing round. This milestone is a major step forward for U.S. manufacturing of advanced perovskite solar technology. The round was co-led by Eni Next and Fontinalis Partners. Eni Next, the corporate venture capital arm of Eni, invests in […]

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IEA Forecasts Solar PV Investment To Exceed USD 500 Bn In 2024

The International Energy Agency’s (IEA) recent report on world energy investment found that investment in solar PV surpassed all other generation technologies combined. It found a noticeable rise in solar panel costs that have decreased by 30% over the last two years. International Energy Agency (IEA) report said, “The prices for minerals and metals which […]

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Top 5 Reasons Why the US is Poised To Make An Impact in Energy Storage

In the race towards a sustainable future, battery technology is emerging as a critical component. Batteries are vital for the renewable energy revolution, essential for the functioning of electric vehicles (EVs), and pivotal for energy storage systems that stabilize power grids. For years, China has held a dominant position in the global battery market, but […]

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