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The Approved Models and Manufacturers of Solar Photovoltaic Modules (ALMM), which is a key measure announced by the MNRE in 2019 to give a boost to domestic manufacturing and reduce reliance on imports has updated its list. The list mandates the enlistment of only those models of solar PV module manufacturers, under ALMM, which comply […]
PVEL, which delves into performance testing for solar PV and storage technology, has released its 9th edition of PV Module Reliability Scorecard, featuring top performers from 35 manufacturers. Adani Solar, the solar PV manufacturing arm of Adani Group, has clinched the Top Performer’s position in the PVEL PV Module Reliability Scorecard 2023. Adani Solar says […]
Tell us about your current ISTS-connected projects. Our portfolio entails Rajasthan with 330 megawatt of AC solar capacity, where we are in the phase two of connectivity. In Karnataka, we have another 300 megawatt of power capacity being set up. The said projects are in phase II of connectivity, with the Rajasthan project at an […]
The government of India has allocated 39600 MW of domestic Solar PV module manufacturing capacity under PLI (Tranche-II), or the Solar PLI scheme to incentivise domestic manufacturing. The PLI or Performance Linked Incentive scheme offers financial incentives to manufacturers for meeting specific milestones in sales, linked indirectly to capacity creation. The PLI (Tranche-II) is expected […]
Confirmations on the bidders for the phase 2 solar PLI (Performance Linked Incentives) scheme of the government are in, with Reliance Industries Limited (RIL), leading a host of companies that have bid for a slice of the incentives. In the guidelines for the second phase of the solar PLI scheme where Rs 19,000 crore has […]
Businesses across the world pushing decarbonisation and moving towards net zero commitments. In a key development, Thailand based food conglomerate Charoen Pokphand Foods Public Company Limited (CP Foods) has said that it will increase the installation of solar panels at 180 animal farms, feed mills, and processing plants across Thailand, with a total capacity of […]
Enlight Renewable Energy has now become the first company from Israel that has completed an initial public offering (IPO) on Wall Street in 2023. Enlight is a global renewable energy platform and has raised $252 million from the IPO. Enlight Renewable Energy announced the pricing of its initial public offering of 14,000,000 ordinary shares at […]
Speculation about the government granting exemption, or ‘grandfathering’ certain projects bid out till early 2021 from complying with the Approved List of Module Manufacturers (ALMM) stipulation, has been gaining pace. With some noted sources going as far as predicting it, multiple domestic solar manufacturer led bodies have found it opportune to put their weight behind […]
The Indian Solar EPC market looked good in the year gone-by as several EPC projects, both government and private, took off in 2022. Interestingly, even as large EPC firms with a global footprint like Sterling and Wilson Renewable Energy struggled with projects where they were on the hook for fixed price contracts, bearing heavy losses, […]
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