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MNRE Clarifies On Applicability of ALMM Rules For Open Access, Net Metering Projects

In an office memorandum on October 7, the Ministry of New and Renewable Energy has issued some key clarifications regarding it’s rules for usage of ALMM (Approved list of module manufacturers) modules across projects in India. The ministry, through another OM, had mandated the use of ALMM modules for all projects approved post April 1, […]

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Canada’s Electrovaya to Build Lithium-Ion Gigafactory in New York State

Global lithium-ion battery technology and manufacturing firm Electrovaya has announced that its first US-based gigafactory will come up in New York State for the production of cells and batteries. Electrovaya said that it will set up operations at a 137,000 square foot plant on a 52-acre campus near Jamestown, New York. Electrovaya informed that the […]

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Waaree Energies Raises INR 1000 Cr Through Private Funding, Drops IPO Plans

Waaree Energies Limited, India’s leading solar panel manufacturer, has raised around Rs 1000 crore from various investors through private funding. The promoters also participated in this equity raise at the same valuation. The proceeds will be used for expansion plans of the firm to augment its manufacturing capabilities in India from 2 GW to 9 […]

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China’s Solar Dominance: How Key Consumer Markets Are Adapting

Governments across the globe are increasingly investing in various sources of new and renewable energy to reach their targets of either achieving carbon neutrality or reducing emissions considerably to help realise the goal of the Paris agreement – limiting the rise in global temperature below 2-degree celsius from pre-industrial levels. Solar power is one of […]

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Updated ALMM Manufacturer List For September

The ALMM (Approved List of Module Manufacturers) list for Indian domestic manufacturers has been updated by the Ministry of New And Renewable Energy (MNRE) once again after last month’s (August 2022) list. This latest update lists (September 2022) 75 companies in total, including 8 new module manufacturers with a cumulative capacity of 1,411 MW. Overall […]

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LONGi To Showcase Hi-MO 5 Series, Hydrogen Business at Indian Expo

A world leader in clean energy, China-based LONGi has announced that it will be showcasing its award-winning Hi-MO 5 Series at the Renewable Energy India Expo 2022 and also unveil the company’s new Hydrogen Business exclusively for the Indian customers. The 15th Edition of Renewable Energy India Expo will be happening from 28-30 September at […]

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Azure Power to Get 600 MW of Solar Modules from First Solar

India’s RE conglomerate Azure Power has announced that it has entered into an agreement for 600 MWdc of high-performance, advanced thin film photovoltaic (PV) solar modules from the US-based solar modules manufacturer First Solar. Azure Power said that the agreement is the first for production from First Solar’s new manufacturing facility in Tamil Nadu, which […]

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