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manufacturing capacity

Waaree To Start Module Production In US From Sept: Hitesh Doshi

From an initial module manufacturing capacity of 30 MW in Surat in 2007, Waaree Energies has come a long way indeed. And helming the company through that journey from 30 MW to 12 GW now, and counting, is its founder and CMD, Dr. Hitesh Doshi. Dr. Doshi has not only seen the solar sector take […]

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5 Key Points for India on the Road to 300 GW Solar by 2030

India missed its 2022 goal of achieving 100 GW of installed solar capacity. The fact that this target is still unmet highlights the need for significant efforts to overcome various challenges if the country is to realize its vast solar potential. This is even more important considering last year’s government resolution of adding 50 GW […]

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Inox Wind Bags 200 MW order for Its 3 MW Turbines

 Inox Wind Limited (IWL) has bagged an order for 200 MW from a renewable C&I power producer. The order is for IWL’s latest 3 MW Wind Turbine Generators (WTGs) and the scope comprises of end-to-end turnkey execution. Additionally, Inox Wind will provide post commissioning multi-year operations & maintenance (O&M) services. The project will be executed […]

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With Infusion Of Rs 900cr, Inox Wind To Achieve Net Debt Free Status

Indian wind energy company Inox Wind Limited (IWL) today announced the completion of infusion of around Rs 900 crores into the company by its promoter Inox Wind Energy Limited (IWEL). The funds were raised by IWEL on May 28, 2024, through the sale of equity shares of IWL through block deals on the stock exchanges, […]

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Tata Motors Acquires Ford’s Sanand EV Facility

To expand its capacity for both production and sales, Tata Motors has acquired a former Ford India manufacturing site located in Sanand, Gujarat. The facility was purchased for approximately Rs 725.7 crore, with an additional Rs 1,300 crore allocated for retooling. It is currently known as the Tata Passenger Electric Mobility (TPEM) facility. Electric vehicles […]

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Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL

The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […]

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16 Solar Panels Of Goldi Solar Get Global Certification

Indian solar module manufacturer Goldi Solar announced that the company achieved the 2024 ‘Top Performer’ Kiwa PVEL performance ranking — an elite classification achieved by only 50 manufacturers globally. This is in addition to the several other Indian module manufacturers like Emmvee, Waaree, Adani Solar and others. PVEL performance scorecard ranks solar modules based on […]

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Thailand, India Can Pose Challenge To China’s EV Market: Report

Bloomberg’s recent report indicated a general trend where, electric vehicles (EVs) are displacing 1.7 million barrels per day of oil usage, which is equivalent to about 3% of total road fuel demand. Currently. there are 722 million passenger EVs that are expected to be on the road in 2040 in the Economic Transition Scenario.  The Bloomberg […]

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Saatvik Solar Secures Position As Kiwa PVEL Top Performer

Saatvik Solar, the Indian solar PV module manufacturer, has been recognised as a “Top Performer by PV Evaluation Labs (Kiwa PVEL) in the PV Module Reliability Scorecard, for their High-Efficiency Mono–Bifacial Half Cut PV modules. Saatvik Solar PV modules underwent testing at  Kiwa PVEL over a year, where they were subjected to various extreme conditions. […]

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