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solar manufacturing

Waaree Renewable Geared For Much Higher Volumes if Required

Waaree Renewable technologies Limited, the listed EPC arm of the Waaree Group, has been on a tear in the past 12 months. Revenue for full year FY24 stood at Rs 876.44 crores, representing a growth of 149% YoY as compared to Rs 350 crores in FY23. EBITDA for FY24 stood at Rs 207 crores as […]

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Australia Releases New Policy To Augment Battery Production

Australia is currently positioned as one of the 15 top-ranked global leaders in mineral resources, and commodities, underscoring its potential to drive innovation and economic growth. Recognizing this, Australia has embarked on a transformative journey with its National Battery Strategy, a pivotal initiative to catalyze a robust domestic battery industry. This new strategy according to […]

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PM Surya Ghar A Significant Opportunity For SolaX: Vipin Bhardwaj

How do you see the business potential of Solax Power in India? Vipin Bhardwaj: India’s renewable energy sector is on a significant growth trajectory, driven by the government’s ambitious targets and increasing awareness about sustainability. The business potential for Solax Power in India is immense. With the country aiming to achieve 450 GW of renewable […]

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Oswal, Cosmic PV & Luminous Enter ALMM, India’s Capacity Touches 48 GW

The Ministry of New and Renewable Energy (MNRE) has now published its latest updated list of ALMM (Approved List of Models and Manufacturers), adding seven new entrants. With the addition of new domestic solar module manufacturing capacities, India’s total ALMM enlisted capacity has now touched 48 GW. This was an addition of around 5.4 GW […]

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Solex Ties Up With GMEE, Wuxi Tidewinner To Expand Capacity By 800MW

Solex Energy Limited today announced signing of a Memorandum of Understanding (MoU) with GMEE Solar and Wuxi Tidewinner Industrial International Co., Ltd. This partnership will facilitate an 800 MW capacity expansion, enhancing Solex Energy’s existing 700 MW production capability to 1.5 GW by the end of the second quarter of FY 24-25. A release from […]

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Top 5 Reasons Why the US is Poised To Make An Impact in Energy Storage

In the race towards a sustainable future, battery technology is emerging as a critical component. Batteries are vital for the renewable energy revolution, essential for the functioning of electric vehicles (EVs), and pivotal for energy storage systems that stabilize power grids. For years, China has held a dominant position in the global battery market, but […]

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Exempt 100% Of ISTS Charges For RE Power Till 2030: IEEFA

The Institute for Energy Economics and Financial Analysis (IEEFA) and JMK Research and Analytics have prepared and shared a list of key recommendations that the new Union government post-elections should take up in the first 100-days to reach the renewable energy targets up to 2030. As per the Indian government’s own target it wants to […]

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Insolation Energy Reaps Gains With Record FY24 Numbers, Plans Expansion

Rajasthan’s leading solar firm, Insolation Energy Limited (INA Solar), has announced impressive financial results for the fiscal year ending March 31, 2024. The company reported a turnover of Rs 741.32 crore, a substantial increase of 165% from the Rs 280.05 crore recorded in the previous fiscal year. Gross margins surged by 237%, reaching Rs 111.65 crore […]

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Sustained Efforts Ensure GoodWe Maintains ESG Rating For 2023

In a sign of the rising role of ESG (Environment, Social and Governance) norms across corporates, Chinese solar inverter major GoodWe has released its 2023 Corporate Social Responsibility (CSR) report, aligned to supporting the United Nation’s Sustainable Development Goals (SDGs). Released on April 26, 2024, the report highlights GoodWe’s efforts in corporate governance, product responsibility, sustainable […]

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