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Premier Energies Subsidiaries Get Solar Cells, Module Orders From Two IPPs

Subsidiaries of Telangana-based Premier Energies have secured multiple solar cells and module supply orders. The company got the order totaling Rs.1460 crore from two large Independent Power Producers (IPPs) and others. Sharing the estimated timeline for the order, the company noted, “The supply of these modules is scheduled to commence in May 2025.” The subsidiaries […]

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CY 2024: India Adds Record 28.5 GW Of Renewable Energy Capacity

India added a total of 28.59 GW of new renewable energy capacity in the calendar year 2024, according to the Ministry of New and Renewable Energy (MNRE). The ministry’s latest report provides a detailed breakdown of fuel-wise capacity additions up to December 2024, revealing that solar power played a dominant role in driving this growth. […]

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H1 2024-25: Insolation Energy Sales Surge 118% To Rs. 928.34 Cr

Rajasthan-based Solar module manufacturer Insolation Energy, in its consolidated performance update for the nine months ended on 31st December 2024, secured consolidated provisional sales of Rs. 928.34 crores, marking a significant increase from Rs. 482.5 crores during the same period ended 31st December 2023. As a firm listed on the BSE SME board, reporting obligations […]

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Tender, Tariff, and Takers: 2024 A Brief Review

The renewable energy landscape is witnessing a transformative shift, with bidding processes increasingly favoring innovative solutions like Round the Clock (RTC) energy, Firm and Dispatchable Energy (FDRE), and wind-solar hybrid (WSH) tenders. Notably, energy storage has emerged as a game-changer, becoming an integral component of many new tenders. According to an SBI Caps report, storage […]

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Tata Motors Reports Jump In Electric Vehicle Sales In Q3

Indian automobile maker Tata Motors announced a significant increase in Electric Vehicle (EV) sales for December and the third quarter of FY25. In its latest filing before the exchanges, the company shared details of its performance, highlighting notable year-on-year and quarterly growth. December EV Sales See an 11% YoY Growth The company reported total EV […]

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Top 5 Trends Shaping the Global Wind Power Industry in 2025

The year 2025 is expected to witness the record growth of renewable energy following the uptick in wind power market from the preceding year. Going by the trends in motion, the global wind energy capacity addition is set to double and reach over 700 GW by as early as 2028, compared to 2022 levels. New […]

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JBM Ecolife Mobility Bags Rs. 1,800 Cr E-Bus Order From Ahmedabad

Haryana-based JBM Ecolife Mobility Private Limited, a JBM Auto Limited subsidiary, has announced a contract as a bus operator for the Procurement, Operation, and Maintenance of 343 Electric Buses for Ahmedabad BRTS, Ahmedabad Municipal Transport Service (AMTS) under Gross Cost Contracting (GCC). The order value is approximately Rs. 1,800 crore. JBM Auto is expected to […]

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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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Will India’s Lithium Battery Makers Be Next In Line For Protection From China?

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 […]

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