SUBSCRIBE NEWS LETTER

manufacturing capacity

PM Modi plans state aid package of Rs 210 billion rupee to boost India’s solar industry

The Prime Minister of India, Narendra Modi’s is planning a 210 billion-rupee ($3.1 billion) package of state aid for India’s solar panel manufacturing industry, according to two officials. The so-called Prayas initiative, short for “Pradhan Mantri Yojana for Augmenting Solar Manufacturing,” a central-government plan designed to lift India’s installed photovoltaic capacity as well as to […]

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Solar Energy Sector Has Immense Potential to Grow Within The Next Few Years: Hiten Parekh, Sr. Vice President at Waaree Energies Limited

Founded in 1989, WAAREE Energies Ltd is a flagship company of Waaree Group. The company has poised as a pioneer in the global solar energy space. To bring on context, the company flaunts India’s largest solar PV module manufacturing capacity of 500 MW. Waaree Energies is a broad presence across the solar value chain providing […]

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“It is not a cup of tea for any manufacturers to produce an inverter which can run for decades without problem” Luke Lu, Director for Indian Business, Sungrow

A number of companies are integrating photovoltaic inverter and storage technologies. How its cost implication compared to the output efficiency is affecting a change in various types of installations? Inverter is the heart of any solar PV system. It is highly a technology oriented product. It certainly needs an expertise to produce a highly efficient […]

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By 2019 we will be in a position to deliver modules with 18.6% efficiency: Sujoy Ghosh, Country Head, First Solar, India

First Solar is one of the leading global providers of comprehensive photovoltaic (PV) solar systems. The company’s integrated power plant solutions deliver an economically attractive alternative to fossil-fuel electricity generation today. In an interview with Sujoy Ghosh, Country Head, First Solar, India shares his views on the various initiatives taken by the Government and company’s […]

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MNRE to introduce a policy for solar zones in June

Ministry of New and Renewable Energy is gearing up to introduce a policy on solar Zone in June this year. The Solar Zone would be spread over one or more districts of a state. Joint secretary of MNRE , Tarun Kapoor speaking to PTI said “We have been working on a new policy for solar […]

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Yamaha India to Transform its Surajpur Unit with Solar Power

The Japanese automobile major, Yamaha is aiming to consume low energy by opting solar energy as the prime way of energy sustainability. The company has recently announced a 4,000 KW solar power project at its facility in Surajpur, Uttar Pradesh. The Indian body, Yamaha has join forces with solar service provider Amplus Solar for installation, […]

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Buoyed By Order Book, Shakti Pumps Eyes ₹3,000cr Revenue in FY26

Indian solar pump manufacturer Shakti Pumps, in its latest investor call, told the investors about its plan to target a minimum revenue of ₹3,000 crore (USD 360 million) for the financial year 2025-26, following strong operational gains and a secure supply of solar panels. Chairman Dinesh Patidar said the company reached its FY25 revenue goal […]

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Solar Startup Sundrive’s Copper for Silver Innovation Finds Takers In China

Sydney, Australia  based Solar Start up Sundrive Solar, which seeks to replace the use of silver with copper in solar panels has signed a key agreement with Chinese manufacturers to  commercialise its innovation further. SunDrive has signed a Joint Development Agreement (JDA) with global solar equipment leaders Maxwell Technologies and Vistar Equipment Technology to co-develop […]

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India’s Solar Boom Is Unique On the Global Stage: Vinay Rustagi

Let’s start with a light question. How did you enter the solar industry? After completing my MBA, I specialized in finance and worked in various banks, focusing on project finance for large-scale projects in sectors like telecom, oil and gas, and transport. In 2011, after returning to India from the UK, I took on the […]

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