From 100 MW to 1200 MW-Macwin Solar On Expansion Drive Updated On Tue, Oct 22nd, 2024 by Saurenergy In another addition to India’s expanding solar manufacturing infrastructure, Surat-based Macwin Solar Energy has announced the expansion of its solar panel manufacturing capacity, along with the launch of a new high-tech facility. the firm currently has a capacity of 100MW at its 10,000 square feet plant in Surat. Established in 2013 as a textile business […] Read more
As Chinese Wind Turbine Makers Call Truce On Price Wars, Could Solar Follow? Updated On Fri, Oct 18th, 2024 by Saurenergy In a clear indication of the extraordinary efforts being made in China to stem the losses or low profitability in its renewable energy manufacturing sectors, a conference on Wind Energy in Beijing saw 12 of the country’s leading wind turbine firms sign a truce. Four of the world’s top 5 wind turbine makers are Chinese, […] Read more
Alpex Solar Bags Rs 277cr Order For Solar Modules From PSU Updated On Thu, Oct 17th, 2024 by Saurenergy Alpex Solar Limited has bagged an additional order to the tune of Rs 277.19 crore from a leading PSU for the supply of solar panels. The company had, earlier this month, bagged an order worth Rs 247.96 crore from the same PSU thereby taking the total quantum to Rs 525.15 crore. The solar module manufacturing […] Read more
INA Solar Raises Rs. 402 Crore Via Preferential Allotment Of Equity Shares Updated On Wed, Oct 16th, 2024 by Saurenergy Rajasthan-based Insolation Energy Limited (INA Solar), a solar panel manufacturer raised Rs 402 Crores from investors in response for its preferential allotment of equity shares. Chairman Manish Gupta and Managing Director Vikas Jain expressed their gratitude, highlighting that since its inception in 2017, Insolation Energy Limited has established Rajasthan’s one of the largest solar panel […] Read more
ITC Commissions Second Offsite Solar Plant in Karnataka Updated On Tue, Oct 15th, 2024 by Saurenergy ITC Limited has recently commissioned its second offsite solar plant in Karnataka with a capacity of 9.45 MW in the Davangere district. The facility is ITC’s 4th offsite solar plant in the country, with similar units earlier built in Tamil Nadu, Uttar Pradesh and Karnataka. ITC Limited has set itself the target to meet 100% […] Read more
ALMM: India’s Enlisted Solar Module Capacity Touches 58 GW Updated On Tue, Oct 15th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest Approved List of Models and Manufacturers (ALMM) revealed that the total enlisted Indian solar module manufacturing capacity touched 58.42 GW. The ministry earlier issued the last ALMM on September 27. In the latest list, the ministry reported an addition of around 2.09 GW of […] Read more
SunDrive Partners With Trinasolar To Advance Solar Manufacturing In Australia Updated On Tue, Oct 15th, 2024 by Saurenergy SunDrive Solar, an Australian solar innovation provider, and Trinasolar, a Chinese solar manufacturers, have signed a Memorandum of Understanding (MoU) to form a majority Australian-owned joint venture (JV). This joint venture aims to support solar manufacturing capabilities in Australia, strengthen the nation’s energy security and contribute to country’s renewable energy goals. With SunDrive’s solar technology […] Read more
TOYO Announces Plans For 2 GW Solar Cell Manufacturing Facility Updated On Tue, Oct 15th, 2024 by Saurenergy NASDAQ-listed solar company TOYO Co. Ltd has announced its plan to establish a solar cell manufacturing facility with an expected annual capacity of 2 Gigawatts (GW). The company has signed a lease agreement for the new facility that is strategically located in Hawassa, Ethiopia, taking advantage of the country’s favorable investment policies, tariff status, and […] Read more
Gautam Solar Eyes IPO Option As It Expands Capacity to 5 GW Updated On Mon, Oct 14th, 2024 by Saurenergy Gautam Solar, one of the oldest and largest solar module manufacturer in North India, has announced more details on its ambitious plan to expand its solar module manufacturing capacity to 5 GW by 2025. This expansion will occur in three phases, with the first phase set for completion in November 2024, followed by the second […] Read more
