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Alpex Solar Net Profit Increases 680% YoY After IPO

Alpex Solar Limited has released its yearly financial statements since its successful IPO on February 15, 2024, is this year. Net earnings for the company increased by 680 percent from INR 3.72 crore in FY23 to INR 29.05 crore in FY24. Operational revenues for the company increased to INR 404.43 crore from INR 182.69 crore […]

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India’s Solar Energy Sector And Opportunities for Startups and Entrepreneurs

India’s solar energy sector is experiencing a remarkable transformation, creating abundant opportunities for startups and entrepreneurs. With the government’s ambitious targets and supportive policies, this sector is becoming a hotspot for innovation and investment. Growing Solar Capacity India aims to achieve 300 GW of solar capacity by 2030, a significant leap from its current capacity […]

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Pahal Solar Introduces 570W TOPCon DCR Modules

Gujarat-based solar module manufacturer Pahal Solar has now introduced its 570-watt TOPCon solar modules. The company said that these modules comply with the Ministry of New and Renewable Energy (MNRE’s) Domestic Content Requirement (DCR). It also said that they have been specially launched to cater to the rising demand for high efficient solar modules for […]

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Deepak Pandey Led Solar Startup GP Eco Solutions Seeks NSE Emerge Listing

Noida-based GP Eco Solutions India Limited (GPES) has confirmed its plans to go ahead with an IPO on NSE Emerge soon, after first announcing it back in March this year. “GP Eco Solar intends to raise capital between Rs. 30 Crore and Rs. 35 Crore, subject to approval. The IPO funds will fuel our growth, […]

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India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24

India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […]

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As Govt Reimposes ALMM, New Challenges Emerge For Solar Industry

Approved List of Module Manufacturers (ALMM) reimposition in India by the Ministry of New and Renewable Energy (MNRE) has led to speculations in the solar industry ranging from solar module manufacturers, and developers to other stakeholders. The ministry had earlier kept it in abysence for a few years to allow the domestic solar market to […]

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IGEF, NSEFI Study Shares Best Practices On Agrivoltaics Adoption In India

A recent report on ‘Best Practices on Agrivoltaics‘, particularly focusing on India, was shared by Solar Power Europe in collaboration with the Indo-German Energy Forum (IGEF) and the National Solar Energy Federation of India (NSEFI). It emphasizes the successful adoption of Agrivoltaics in states like Mizoram, Kerala, Andhra Pradesh, Madhya Pradesh, and West Bengal, showcasing […]

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News In Brief April 5- Alpex Solar, SolarEdge, Ford & More..

Alpex Solar bags govt orders worth Rs. 11.90 crore in Jharkhand under the PM-KUSUM scheme Alpex Solar says it has received orders for supply, installation and commissioning of 500 Solar Water Pumping Systems from Jharkhand Renewable Energy Development Agency. The Projects are scheduled to be completed within 120 days from the date of issue of work […]

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Husk Power Plans To Commission More Mini-Grids In India: William Brent (CMO)

How did the journey of Husk Power Systems start? Husk Power’s journey started around 2008 with its co-founder, Manoj Sinha, and other like-minded people from Bihar. At that time, rural electrification was a major issue in India and states like Bihar. Husk came into the picture to ensure that the unserved communities in those areas […]

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