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energy markets

Gautam Solar Sowcases N-Type TOPCon Modules at Expo

In a sign of the rapid strides it has been making in the past two years, the Uttarakhand-based Gautam Solar, for the first time in India, is showcasing its advanced and transforming N-type TOPCon (Tunnel oxide passivated contact) Solar Modules at the Renewable Energy India (REI) Expo 2023 . Available in the wattage range 565 […]

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Nextracker Primed For India Growth With 4.5 GW Order Book, 10 GW Capacity

US-based solar tracker leader Nextracker is set to ride the solar growth story in India, with its local manufacturing capacity up to 10 GW now. Spread across 13 factories across the country through its eleven contract manufacturing partners, the firm claims to have achieved 80% indigenization levels, giving it a strong advantage over global competitors. […]

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Solar Panel Recycling Market Size Worth $477.74 Million By 2032: Polaris

Polaris has released its market report on the status of the global solar panels recycling market. The report is entitled, “Solar Panel Recycling Market Share, Size, Trends, Industry Analysis Report, By Type (Silicon, Monocrystalline, Polycrystalline, Thin-film); By Process; By Shelf Life; By Region; Segment Forecast, 2023-2032”. It gives an insight into the current market and […]

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Vestas Bags 1,220 MW Capacity Orders for Wind Turbines from Europe & US

Vestas, a Denmark-based wind turbine manufacturing firm, has entered into a series of new contracts to supply 1,220 MW of onshore and offshore wind turbines cumulatively to projects located in Europe and the United States. Eyeing the European Market Vestas is set to take over the European market, where it has bagged the majority of […]

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Deeptech Startup Oorja Raises $1.5 Million in Pre-Series A Funding

Oorja, a Bengaluru-based deep tech startup, that uses a combination of Physics and Machine Learning to perform predictive modelling, today announced that it has raised $1.5 million in seed funding. The funding round was led by Micelio Fund, which claims to be the first venture capital fund in India dedicated to sustainable innovation in the […]

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Solar Bids Below Rs 2? BCD Holds Up Solar Tariffs In India

Even as prices of China-made solar cells and modules continue to slide to unprecedented lows, power consumers are likely to benefit only partially, thanks to the Basic Customs Duty (BCD) of 40 percent that the government has on module imports, besides the 25% on solar cell imports. While the drop in prices is welcome to […]

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TPREL to Set Up 41 MW Captive Solar Plant for Solar Manufacturing Unit

Tata Power Renewable Energy Ltd (TPREL), a subsidiary of The Tata Power Company Limited, will set up a 41 MW captive solar plant at Thoothukudi, Tamil Nadu for Tata Power Solar’s new greenfield 4.3 GW solar cell and module manufacturing facility located at Tirunelveli, Tamil Nadu. The captive plant will help generate 101 million units […]

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ONGC Signs MoU With NTPC Owned NGEL For Renewable Push

NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of NTPC, and ONGC have signed an MoU on September 27 to realise the development of renewable energy and offshore wind power in line with India’s commitments on Energy Transition. The MoU was signed by Mohit Bhargava, CEO, NGEL and Deb Adhikari ED- JV and BD, ONGC […]

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Blending Finance Is Key to India’s Net Zero Pathway: IFC Report

A latest report by the International Financial Corporation (IFC) on Blended finance describes finance as a key element in supporting India’s energy transition. The report said that the blended finance can drive more private capital to high-impact climate projects, says an IFC report. The report, Blended Finance for Climate Investments in India, highlights blended concessional […]

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