SUBSCRIBE NEWS LETTER

domestic manufacturing

Top 5 Solar Energy Markets to Boom in 2025

The solar power industry is flourishing globally, but growth potential varies across regions due to diverse influencing factors. Some solar markets are poised to outperform others, driven by favourable conditions already present or anticipated in 2025. The International Energy Agency forecasts that the global RE capacity will increase by over 5,520 GW during 2024-2030, about […]

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Waaree Energies Bags 150MWp Solar Module Order

Indian solar module manufacturer Waaree Energies today announced bagging a new solar module order of 150MWp capacity. The company said that it bagged the order from a renewable energy company engaged in owning, developing and operating renewable power projects in India. “This is to inform you that the Company has today received an order for […]

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IREDA Sanctions Up 129% In Q3, Disbursements Rise 41%

Indian Renewable Energy Development Agency Ltd. (IREDA) has reported strong growth for the December 31, 2024 quarter. As per provisional figures, IREDA sanctioned loans worth ₹31,087 crore in third quarter, marking a 129% year-on-year (Y-o-Y) growth compared to ₹13,558 crore in the corresponding period last year. Loan disbursements also witnessed significant growth, increasing by 41% […]

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BatX Energies Starts New Lithium-Ion Battery Recycling Facility In UP

BatX Energies Pvt. Ltd, an Indian lithium-ion battery recycling company, has inaugurated its new Critical Minerals Extraction plant (HUB-1) in Uttar Pradesh. This marks a significant leap for the firm’s expertise in extracting vital materials such as lithium, cobalt, nickel, and manganese from used lithium-ion batteries, directly addressing the challenges of resource scarcity. These critical […]

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Websol Energy Update-600MW Cell Line At Falta Location

Kolkata based Websol Energy System Limited, one of the oldest solar cell makers in the country, has provided an update on its upcoming 600 MW cell at its FALTA SEZ plant. The firm has informed the stock exchanges that the Company has placed purchase order for equipments and has made advance payments for the said […]

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Shriram Finance Consolidates Its Green Finance Business

Shriram Finance Limited (Shriram Finance), the flagship company of the Shriram Group has announced consolidating all its green financing initiatives under Shriram Green Finance. These financing services will be dedicated to funding initiatives beyond electric vehicles. With this step, the firm has planned to diversify its funding portfolio. Shriram Green Finance consolidates the green finance […]

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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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Electricity Costs: India’s Lowest and Most Expensive States, The Global Picture

A lot of factors influence the per unit electricity costs in a country. The prices are heavily influenced by factors that include the country’s geographical location, geological makeup, level of development and technological advancement, and whether it is a high-, middle-, or low-income nation.  The rise of renewable power through the recent decades has also […]

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