ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge Updated On Fri, Dec 20th, 2024 by Saurenergy 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 […] Read more
Will India’s Lithium Battery Makers Be Next In Line For Protection From China? Updated On Tue, Dec 17th, 2024 by Saurenergy Following the extended trend of protective measures for solar PV manufacturing, and more recently, solar glass, Li-Ion (or LFP ) battery manufacturing could emerge as the next sector to receive similar support from the Indian government. State policies are increasingly being used as a tool to shield domestic industries from the challenges posed by inexpensive […] Read more
India Adds 14.9 GW Of New RE Capacities In 8 Months Of FY25 Updated On Thu, Dec 12th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) published the latest data on new renewable energy capacity additions in early December. The data revealed that the country added a total of 14.9 GW of new renewable energy capacities (excluding hydro) in the current financial year (till November 2024). According to the report, India’s solar energy […] Read more
Waaaree Energies Plans To Start Solar Cell Manufacturing From Dec Updated On Fri, Nov 29th, 2024 by Saurenergy Waaree Energies, a Mumbai-based solar manufacturing company, has set mid-December as the deadline for commissioning its solar cell production facility. The company stated that work is in its final stages to begin operations at its Chikhli plant in Gujarat, where it had earlier invested in setting up the cell line. During the latest investors’ call, […] Read more
RE Supply Shift Poised To Favor North And South India Over West By 2032: SBI Caps Report Updated On Fri, Nov 29th, 2024 by Saurenergy India added 30 GW to its installed base (net basis) in the past 12 months, of which 75% was renewables, according to the latest data released in the SBI Caps report. Renewable energy has made notable progress recently, driven by fresh wind additions and a surge in energy storage system (ESS) tenders, as noted in […] Read more
Waaree RTL Receives 2 GW EPC Order For Ground-Mounted Solar Project Updated On Thu, Nov 28th, 2024 by Saurenergy Waaree Renewable Energy, the EPC arm of the Waaree Group has now received an order to develop solar projects. The total capacity of the order is 2012.47 MWp (DC capacity). The company said that these projects will be ground-mounted solar projects. The company informed about the latest order in its filing before the stock exchange. […] Read more
COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers Updated On Thu, Nov 28th, 2024 by Saurenergy So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […] Read more
Q2 Results: ACME Solar Reports Rs 15cr Profit In Q2 Updated On Mon, Nov 25th, 2024 by Saurenergy Renewable energy company ACME Solar today published its quarterly (Q2) and half-yearly (H1) results. The results revealed that the firm witnessed a dip in its revenues and profits in the quarter on a Year-on-Year (YoY) basis. However, on a Quarter-on-Quarter (QoQ) basis, the company reported an increase in its profit. The details filled in by […] Read more
India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge Updated On Wed, Nov 20th, 2024 by Saurenergy The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […] Read more
