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Waaree Appoints Amit Paithankar CEO Of Indosolar

Waaree Energies has announced the appointment of Amit Paithankar as the Chief Executive Officer (CEO) of Indosolar Limited, a subsidiary of the company. The company also appointed Sonal Shrivastava as the Chief Financial Officer (CFO) of the company. The appointments were made with effect from November 11. Paithankar is currently working as the CEO of […]

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Solex Energy Reports 1,698% Surge In PAT In H1

Indian solar module manufacturer Solex Energy Limited has now reported a massive surge of 1698% in its net profits in H1 compared to its profits in H1 of FY24. The company has now announced the financial results for H1 and shared details of its incomes, profits and other details. For the first half of the […]

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Arctech Expands Solar Tracker Biz In Uzbekistan

Solar tracker company Arctechannounced that it has started the shipment of its signature 1P single-axis solar tracking system SkyLine II for the 320MW photovoltaic project in Buka, Tashkent, Uzbekistan. This shipment has been initiated within only half a month following the project’s signing. The project is located in Buka, where it faces severe weather conditions […]

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Why Struggling Indian Solar Glass Firms See A Ray Of Hope

Indian solar glass manufacturers, who were adversely impacted by the alleged dumping of cheap solar glass from countries like China and Vietnam, are now seeing some relief. An investigation by the Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce, found significant negative effects on Indian solar glass makers due to the influx […]

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Saatvik Solar Pockets 200 MW Module Order

Gurugram, Haryana based Saatvik Solar has signed a contract with GH2 Solar to supply 200MW of high-efficiency ‘Mono Perc Bifacial Half Cut’ solar PV modules, rated at 540/550Wp, for use across various solar projects in India. This collaboration, set to commence in January 2025, will span a 12-month period in which Saatvik will ensure the […]

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Bihar Issues Tender For Solarisizing Feeders Under RESCO Mode

The Bihar government has issued a tender inviting solar project developers to accelerate the solarisation of agricultural feeders under Component C2 of the PM-KUSUM scheme. The initiative will be implemented using the RESCO (Renewable Energy Service Company) model, in line with the state’s earlier plans. The tender was released by the Bihar State Power Generation […]

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Indian Solar Module Exports Surged 23 Times Since FY22: IEEFA Report

India is making significant progress in transitioning from a net importer to a net exporter of solar products. In Fiscal Year (FY) 2024, Indian solar manufacturers exported approximately US$2 billion worth of solar modules. The solar module export value of PV modules from India increased by more than 23 times in just two years between […]

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Hexa Climate, ACME And Avaada Energy Secure NTPC’s FDRE Tender

NTPC Limited has now declared Hexa Climate Solutions, ACME Solar Holdings, and Avaada Energy as the winners of its 1,200 MW Firm and Dispatchable Renewable Energy (FDRE) auction. The tender for this project was issued in June this year, and the results were released within four months. In this  tender, out of the 1.2 GW, […]

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Insolation Energy Reports 307% Surge In Profits In H1

Indian solar module manufacturers Insolation Energy (INA Solar) has published its latest financial results for the first half of FY25. The latest report revealed that the firm reported an increase in its total revenue and net profits in H1FY25, compared to H1 of FY24. The financial results said that the company led by Manish Gupta […]

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