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manufacturing capacity

14 Trends That Drove Change In RE Within 2023: IEA Analysis

The International Energy Agency (IEA) reviews 14 major trends that shaped 2023 and predicts future changes for energy sector in 2024. 1. 2023 Witnessed Change In Renewable Capacity Additions, driven by China’s solar PV market According to IEA , the global annual renewable capacity addition was expected to increase by almost 50% to nearly 510 […]

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Green Energy, EVs To Drive India’s GDP Growth, Estimates EY Report

Ernest and Young (EY), in its latest report, said that the green energy industries and electric vehicles could prove to be triggering factors, driving India’s total GDP growth by 2047-48. The report states that this can also pave the way for India’s transition to a developed economy with a rise in the per capita income.  The […]

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Inox Wind Receives LoI For 50 MW Gujarat Wind Project from NLC India

Indian wind energy solutions company Inox Wind Limited (IWL) today announced receiving a Letter of Intent (LoI) for executing a 50 MW ISTS (Inter-State Transmission System)-connected wind power project on a turnkey basis from NLC India Limited. NLC India is a Central Public Sector Utility (CPSU). As part of the project, Inox Wind will supply, install, and […]

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Emmvee Inks Pact With KPI Green To Supply 300MWp Solar Modules

Solar module manufacturer Emmvee Photovoltaic Power today announced a landmark supply agreement to deliver 300MWp of Bifacial Mono-PERC Solar panels to KPI Green Energy Ltd. This order, destined for a 240-megawatt solar plant in Gujarat, underscores Emmvee’s robust position in the solar energy sector, it said. Currently, Emmvee boasts a module manufacturing capacity of 3 […]

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Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector

For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […]

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Rohit Tikku Takes Charge As The New CEO Of Bluebird Solar

Indian solar module manufactuer-Bluebird Solar has now got its new Chief Executive Officer (CEO). Rohit Tikku has taken over the new charge as the Chief Executive Officer (CEO) of Bluebird Solar. Tikku’s diversified work experience of 17 years is spread across roles in sales, distribution management, engineering & project management, and business operations and development with […]

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First Solar, Fiserv Sign Tax Credit Transfer Pacts Under Inflation Reduction Act

First Solar, a solar technology company entered into two separate tax credit transfer agreements (TCTAs) between Fiserv, Inc. and First Solar. These agreements were made to sell $500 million and up to $200 million, respectively, of 2023 Inflation Reduction Act (IRA) Advanced Manufacturing Production tax credits to Fiserv, Inc. The agreement is subject to satisfaction […]

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Inox Wind Bags Repeat Order For 279 MW For Its 3 MW Wind Turbines

Indian wind energy solutions company Inox Wind has bagged an order for 279 MW from a large Commercial and Industrial (C&I) player. The order is for Inox’s latest 3 MW Wind Turbine Generators (WTGs), and the scope comprises a mix of equipment supply with limited scope EPC for 180 MW and end-to-end turnkey execution for […]

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Chinese TOPCon Cell Major Jietai Solar Takes Aim At India, Turkey Markets

Amidst all the uncertainty on ALMM exemption continuing beyond March next year, or India’s push for manufacturing progress in the solar supply chain, a key Chinese cell maker is still hopeful of making inroads into the Indian market. The firm, with a network spread across Jiangsu (marketing), Jiangxi (Industrial), and Anhui (Industrial)  province in China […]

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