SUBSCRIBE NEWS LETTER

solar market

BORG Energy starts selling its Solar Photo Voltaic Panels in the Indian market

BORG Energy Pvt. Ltd has started selling its Solar Photo Voltaic Panels in the Indian market. The company changed its sales strategy for the Indian market after seeing positive response for its newly introduced solar power solutions. BORG Energy’s sales strategy until now was limited to supply and sell of its turnkey Solar Photo Voltaic […]

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Shakti Pump Secures Land To Setup Solar Cell, Module Manufacturing Facility

Madhya Pradesh-based solar pump company, Shakti Pumps, has recently secured land for setting up a solar cell and PV module manufacturing facility using wafers as input material. The company announced this development in a regulatory filing, stating, “Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 113 acres of land to our wholly owned subsidiary, […]

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Solitech to Begin 2 GW TOPCon Solar Module Manufacturing in Surat

New entrant in the solar module manufacturing business, Solitech has announced commencing the production of TOPCon based solar modules from Surat in Gujarat. The company said that orders have already been placed and work has started to start the production of the modules as soon as possible. Hardik Ramani, Managing Director of the company, said […]

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US Solar Module Manufacturing Soared 190% To 42.1 GW In 2024

In 2024, the United States witnessed an increase in the commercial solar segment with the addition of 2.1 GWdc of newly installed capacity. The company reported an 8% year-over-year increase in this segment compared to 2023, according to a Wood Mackenzie Report. US solar module manufacturing capacity also tripled. The US solar module manufacturing industry […]

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SolaX Power to Launch Micro-Inverters for Indian Market Soon

Global solar inverter brand SolaX Power is set to introduce its latest innovation—solar micro-inverters—tailored for the Indian market. The company is in the final stages of launching these inverters, specifically designed for smaller residential rooftop solar installations. The move gains significance with the introduction of the PM Surya Ghar scheme, which supports compact solar setups […]

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Loom Solar Crosses Rs 150 Cr Milestone in Fy24, Profits Spike As Well

Solar energy solutions provider Loom Solar has managed around three-fold growth in its operating revenue during the last fiscal year. Significantly, the Faridabad-based company also tripled its profits in FY24. Loom Solar’s revenue from operations soared by 2.9X to Rs 151.5 crore in the fiscal year ending March 2024 from Rs 53 crore in FY23, […]

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Adani Green Commissions 250 MW Andhra Pradesh Solar Project

Adani Solar Energy AP Eight Private Limited, a subsidiary of Adani Green, has commissioned a 250 MW solar power project in Kadapa, Andhra Pradesh. With the commissioning of this plant, AGEL’s total operational renewable generation capacity has increased to 12,591.1 MW. The company had earlier guidance for well over a GW of commissionings before March […]

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With 50 GW Additions, Solar Momentum Strong In US in 2024

The United States installed a record-breaking 50 gigawatts (GW) of new solar capacity in 2024, the largest single year of new capacity added to the grid by any energy technology in over two decades. According to the U.S. Solar Market Insight 2024 Year in Review report released by the Solar Energy Industries Association (SEIA) and Wood […]

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Macwin Solar Aims To Start New TOPCon Module Production From April

Gujarat-based solar company Macwin Solar has now planned to start the production of TOPCon-based solar modules from April of this year, the top management of the company told Saur Energy. In an interaction with Saur Energy, Parth Budheliya, Chief Operating Officer (COO) of the firm, said that the company plans to carve out its own […]

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