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solar market

Indian Solar Firms Bank On Cricket To Popularise Renewables

Indian solar industry in the last few months has increased its reliance on cricket to bolster the popularity of renewable energy in the country. With the passage of time, we have seen more solar firms especially the Indian solar module manufacturers jumping onto the bandwagon of using cricketers and the Indian Premier League (IPL) to […]

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Midsummer Partners With SopraSolar For Solar Roof Product For Low-Load Bearing Roof

Swedish thin film solar panels manufacturer Midsummer has entered into a collaboration with France-based SopraSolar, a subsidiary of Soprema, manufacturers of roofing materials. Soprema’s subsidiary will integrate Midsummer’s thin film solar pane membranes, which opens up a very large market for the new product. According to the media statement, with Midsummer panels, Soprasolar will be […]

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US Solar Witnesses Over 50% New Capacity Addition To The Grid: Report

A recent report by US-based think tank Wood Mackenzie and Solar Energy Industries Association (SEIA) estimated a 37% increase in new electric generating capacity in 2023 in the United States. This indicated an increase from the previous record set in 2021 and a 51% increase from 2022. According to the US Solar Market Insight 2023 […]

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Nilesh Malani Joins Waaree Group As Chief Marketing Officer

Indian renewable energy company Waaree Group has appointed Nilesh Malani as its new Chief Marketing Officer (CMO). Before joining the Waaree Group, Malani was the Chief Marketing Officer (CMO) at Polycab.  Malani also discussed his recent inclusion with the Indian green energy firm and expressed enthusiasm about his new journey. “I am happy and excited […]

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Sri Lanka Offers An Opportunity For India In Solar

Sri Lanka, which joined the renewable energy bandwagon much later than many others, thanks to its extended civil war and the brush with bankruptcy till recently, is finally ready to move ahead on its targets. The island nation targets taking the share of renewable energy to 70% of its requirements, from a share of just […]

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Recurrent Energy Gets Financing for 119 MW Solar Project in Mexico

Recurrent Energy, a subsidiary of solar and energy storage assets company Canadian Solar Inc. announced that it has closed non-recourse project financing for its 119 MW Horus Solar project in the region of Aguascalientes, Mexico. Recurrent owns 49 percent of the Horus Solar project, while Korea Electric Power Corporation (KEPCO) and Sprott own 15 percent […]

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Canadian Solar, Sol System Partner To Increase US Module Manufacturing

Washington DC-based renewable energy company Canadian Solar Inc. and Sol Systems announced their recent partnership to scale new solar module production and procurement in the United States. Canadian Solar has secured a framework agreement to provide Sol Systems with a significant supply of modules from its newly ramped Texas module factory. Under the partnership, Canadian […]

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Rays Power Infra Acquires 520 MW Solar Projects In Assam, Gujarat

Renewable Energy sector company, Rays Power Infra announced it has acquired three significant solar projects with a combined capacity of 520MWp. The company’s latest ventures into the renewable markets of Gujarat and Assam mark its operational expansion to 14 states throughout India. “These projects are a testament to the company’s expanding influence and commitment to […]

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BluPine Energy Acquires 369 MW Solar Assets From Acme Group

BluPine Energy, a leading renewable energy services company established in India by Actis, has announced the successful acquisition of 369 megawatts of solar capacity power assets from the Acme Group. This strategic acquisition marks a significant milestone for BluPine Energy, taking its total renewable energy capacity to 2.4 Gigawatts, placing it squarely in the top […]

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