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India Requires 13L Charging Stations By 2030: CII Report

A new report by the Confederation of Indian Industry (CII) on ‘Charging Infrastructure for Electric Vehicles’ claims that India would require around 13 lakh charging stations to cater to the growing electric mobility needs by 2030. It makes a case for the country to install around 4 lakh chargers for EV annually.  The industry association […]

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Trina Solar Gets Zero Carbon Factory Certificate in PV Industry

Trina Solar has announced the certification of its Yiwu manufacturing facility as a Zero Carbon Factory. This is the first factory in the PV industry to be awarded zero carbon status by an independent agency, claims the firm. Trina Solar’s Yiwu factory was assessed by TiGroup, a certification body specialising in health, safety, environmental and […]

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Suzlon’s Net Profit Slides Over 63%, 58% in QoQ & YoY Comparisons Respectively

Renewable energy solutions provider Suzlon Energy Limited has declared its financial results for the period ended June 30, 2023. Financial Results (Q1 FY2024) – Quarter on Quarter Comparison The total income of the firm stands at INR 1361.68 crores in the period ended June 30, 2023. The total income when compared to that in Q4 […]

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Azure Power Announces its New CEO in Sunil Gupta

Independent Power Producer Azure Power has onboarded Sunil Gupta as its new Chief Executive Officer. Sunil brings to the table global experience in renewable energy, new energy, and digital technologies. His career spans over two decades of experience in managing growth, operational excellence, and profitability of global renewable energy businesses. In his previous role, Sunil was […]

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MeyerBurger Snaps Up €200 Million From EU Innovation Fund For 3.5 GW Solar Manufacturing

Meyer Burger Technology AG, through its group company Meyer Burger (Industries) GmbH, submitted a funding application for EUR 200 million in the EU-wide selection process of the European Innovation Fund in March 2023. The project “HOPE” (High-efficiency Onshore PV module production in Europe) submitted by Meyer Burger has prevailed as eligible for funding, the EU […]

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India Paves Way For Allowing Commercial Mining Of Lithium, Other Critical Minerals

The Union Cabinet is now reported to have approved amendments to the Mines and Minerals (Development) and Regulation) Act to pave the way to allow commercial mining of Lithium and other critical minerals in the country. This comes months after India discovered reserves of Lithium in the Reasi district of Jammu and Kashmir and another […]

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Developing Countries Yet To Explore Critical Minerals: IRENA Report

A latest report by the International Renewable Energy Agency (IRENA) on critical minerals claims that several developing countries hosting critical mineral reserves are yet to explore them fully. The agency mentioned its latest findings on critical minerals in its report titled ‘Geopolitics of the Energy Transition’.  The report said that developing countries with higher reserves […]

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Module Prices Near Bottom, As Cell Prices See First Hike In Months

Solar Module prices from China, which dictate prices around the world, finally seem close to a bottom for now, after a relentless fall in 2023.  The earliest indicators come in the form of solar cell prices, which saw a weekly increase of 1.5% to 2% this week This happened even as mono grade Polysilicon prices, […]

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