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solar manufacturing

India’s RE Capacity Addition Rose by ~80% in Q3 FY22: CEEW-CEF

New capacity addition of non-hydro renewable energy increased to 3.4GW during the third quarter of FY22, compared to just 1.9GW installed in the same period last year, according to the latest edition of the CEEW Centre for Energy Finance (CEEW-CEF) Market Handbook. This is nearly an 80% rise in new renewable energy (RE) capacity addition […]

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Tata Power Net Profit Swells by 71% Signifying Comprehensive Growth

The third quarter results of Tata Power in the current financial year is out and the company has posted a staggering 71% rise in the consolidated profits against the corresponding period of the previous fiscal. The renewable portfolio in terms of profit after tax (PAT) grew by 107% – all credit to their solar expansion. […]

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Tata Group declines to participate in ‘EV Battery’ PLI Scheme

The Tata Group, which is a key player in the country’s transition to clean energy, has decided to not participate in the government’s massive Rs 18,100-crore production-linked incentive (PLI) for the EV Battery development in the country. The Tata Group found that the return on the risks involved in the segment looks unfavourable for them. […]

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Supply Chain Issues to Persist into 2023; Modernization Needed: IEEFA

The latter half of 2021 saw the global supply chain struggle mightily. Disruptions stemming from the pandemic, labor shortages, cyberattacks, increased consumer demand for goods and other global factors collided to cause unprecedented bottlenecks and backlogs. Experts at Institute of Electrical and Electronics Engineers (IEEFA) predict that supply chain-related issues will persist into 2023, despite […]

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Boom In LFP Battery Use On The Way, But Not Without Hurdles

With wider adoption by some of the industry heavyweights, Lithium Iron Phosphate or LFP battery technology is set to flourish in the very near future. Its growing acceptance in the global market has strengthened the technology’s foothold in the automotive industry. Strength of LFP It’s noteworthy that the transition will be much easier because of […]

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Borosil Renewables’ Net Profit Jumps by 323% YoY basis

Financial results of the third quarter ending December 31 have been announced by Borosil Renewables. The company has declared that the net profit surged 332.23% to Rs 45.73 crore in the quarter ended December 2021 as against Rs 10.58 crore during the quarter that ended December 2020. The total sales of Borosil Renewables rose by […]

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Manager- BD & Sales

Originate opportunities from the market for sales of First Solar Thin Film PV modules in India with a focus on utility scale project users (large IPP’s, Federal or State Owned Utility companies) Ability to negotiate and sucessfully conclude commercial transactions resulting on order booking” Ability to run economic/ financial models to work out LCOE based […]

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EV Charging- current status/ challenges and way forward

By Kunwer Sachdev India’s interest in adopting clean mobility is now firm and clear. The government of India has taken steps towards encouraging an EV ecosystem in the country through the FAME policies, reduction of GST on EVs, and most recently, the Production Linked Incentives. The idea is to create an economic environment for EV […]

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GE Renewable Opens New Renewable Hybrids Factory in Tamil Nadu

GE Renewable Energy has announced the opening of a new renewable hybrids factory in Vallam, near Chennai, Tamil Nadu. The site employs 250 employees, including 20 women. “As the industry and customers’ demand dispatchable renewable energy to navigate the energy transition, the need for hybrid systems is increasing exponentially. This facility that has been set […]

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