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Jakson Engineers To Invest Rs 2,000cr On Solar Manufacturing

Jakson Engineers Ltd (JEL), part of the energy and infrastructure conglomerate Jakson Group, announced an expansion of its solar manufacturing business. The company plans to invest approximately Rs 2,000 crore for setting-up a 2,500 MW Solar Cell manufacturing facility, which will be developed in two phases and is simultaneously expanding its existing solar module manufacturing […]

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Extended Wait Ahead For Any Price Drops In Solar, Wind

If you track India’s renewable sector, you couldn’t have failed to notice the seeming exuberance in recent months. Amplified by the soaring valuations of listed firms on the country’s stock exchanges, at SaurEnergy, we have tracked how a basket of ‘green energy’ stocks we track has grown over 120% in value over a year. This […]

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SBI Caps Report Sees Avenues For Banks In Indian Solar Manufacturing Sector

A recent report by SBI Caps has indicated new avenues for the formal banks in the country for financing solar module manufacturing projects. Bolstered with the expected rise in the production of solar cells, solar modules and other backward integration by domestic players, the report talked about a likely chance of increased participation of banks […]

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226 GW Of Module Shipments By Chinese Majors In H1 Of 2024

Taiwan based consulting and research firm Infolink has released its ranking report for H1 of 2024. According to Infolink, the top 10 Chinese module manufacturers shipped around 226 GW of modules in the first half of this year, up 40% YoY. However, the annual growth rate has begun to narrow and the rapid growth momentum […]

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Global Solar Inverter Shipments Grew By 56%: Wood Mackenzie

Solar inverter shipments surged by 56%, reaching 536 Gigawatts (GW) of alternating current (GWac) in 2023, reflecting robust growth in the solar industry, a latest report from Wood Mackenzie said.  According to Wood Mackenzie’s “Global Solar Inverter and Module-Level Power Electronics Market Share 2024” report, the top 10 global PV inverter vendors captured 81% of […]

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SPECIAL REPORT: UP’s Time To Shine In Solar

At a recent Solar Trailblazers event in Lucknow in July, organised by Saur Energy, Uttar Pradesh Deputy Chief Minister Brajesh Pathak told a hall-packed audience that this is the ‘best time’ in India to go for solar. He was referring to the higher subsidies given to the rooftop solar consumers under the ambitious PM Surya […]

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Gensol Receives EPC Award For Gujarat’s Khavda RE Power Park

Gensol Engineering a solar Engineering, Procurement, and Construction (EPC) services and electric mobility company today announced receiving Notification of Award for the Engineering, Design, Procurement, Erection, Testing & Commissioning for Solar plant at Khavda Renewable Power Park, Rann of Kutch, Gujarat. This Rs 463 crores project will be fixed tilt module mounting structure along with […]

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Global Solar Tracker Shipments Grew By 28% In 2023 to 92 GWdc

Global Solar tracker shipments grew by 28% in 2023 to 92 gigawatts direct current (GWdc), reflecting a strong year for utility-scale solar in most regions across the world. The top ten vendors accounted for 90% of the global market share, according to Wood Mackenzie’s ‘Global solar PV tracker market share’ report 2024. For the ninth […]

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Global Floating Wind Industry Reached 270 GW In FY24: IRENA

While still in its infancy, the global floating wind industry reached approximately 270 MW of operational capacity as of 2023. However, the international pipeline indicates a growing interest with 244 GW of new floating wind projects in development. The latest International Renewable Energy Agency (IRENA) report on offshore wind power highlights its high-capacity factors and […]

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