Author: Chitrika Grover

Qcells Launches Solar Recycling Unit In US As EOL Waste Rises

US-based solar energy company Qcells has launched a new business unit, EcoRecycle by Qcells, to manage end-of-life (EOL) solar panel waste and reduce the industry’s environmental footprint. The company said on Monday that EcoRecycle will begin operations this year at a facility in Cartersville, Georgia, with plans to expand across the United States. At full […]

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TP Solar Crosses 4 GW Module Production At Tamil Nadu Facility

TP Solar Limited, the manufacturing arm of Tata Power and a subsidiary of Tata Power Renewable Energy Limited (TPREL), has surpassed 4 GW of cumulative solar module production at its facility in Tamil Nadu. As of May 31, 2025, the plant has produced 4,049 MW of solar modules and 1,441 MW of solar cells, marking […]

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2024: Adani, Jinko Among 10 Firms That Shipped 500 GW Solar Modules

The world’s top 10 solar photovoltaic (PV) module manufacturers shipped a record 500 gigawatts (GW) of modules in 2024, nearly doubling the previous year’s volume, according to Wood Mackenzie’s new Global Solar Module Manufacturer Rankings 2025 report. Despite this surge in shipments, the leading players collectively reported losses of US$4 billion as revenues declined significantly […]

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SPML Infra Gets Land In Maharashtra For BESS Manufacturing Unit

SPML Infra Limited has secured 99,000 sq. m of land from the Maharashtra Industrial Development Corporation (MIDC) at Supa Parner Industrial Park in Ahmednagar, Maharashtra, the company said in a regulatory filing. The allotment is intended for setting up a Battery Energy Storage System (BESS) manufacturing unit and is subject to the payment of a […]

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Hyundai Buys 26% Stake in Fourth Partner’s TN Wind Farm

Hyundai Motor India has invested ₹16.58 crore as the first tranche to acquire 23,62,638 equity shares in Fourth Partner FPEL TN Wind Farm Private Limited, a special purpose vehicle (SPV) of Fourth Partner Energy. The shares were allotted via private placement on June 6, 2025. Following the infusion, Hyundai now holds a 26.13% stake in […]

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Maharashtra: L&T Bags JSW Energy’s 1.5 GW PSP Order in Bhavali

Larsen & Toubro’s (L&T) Heavy Civil Infrastructure (HCI) business has secured a significant order from JSW Energy for the execution of the Bhavali Pumped Storage Project (PSP) in Maharashtra. “The project is located across the Nashik and Thane districts of Maharashtra and is designed to have a total installed capacity of 1,500 MW, comprising various […]

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NHPC Adds 53.6 MW to 300 MW Karnisar Solar Project, Rajasthan

India’s state-run hydropower utility NHPC has declared the commercial operation of an additional 53.57 MW capacity at its 300 MW Karnisar Solar Power Project in Bikaner, Rajasthan, following a successful trial run on June 5, 2025, the company said in a regulatory filing. With this, the cumulative commercial operational capacity of the Karnisar project has […]

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Nokh Solar Project: NTPC’s 193 MW Project Goes Live

NTPC has commissioned 193 MW of the 245 MW solar capacity at Plot-3 of its Nokh Solar Project (3×245 MW) in Rajasthan. The company furnished details of the commissioning of its latest regulatory filing before the exchanges. With this, the total installed and commercial capacity of NTPC now stands at 59,606 MW on a standalone […]

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IndiGrid to Buy Rs. 2,100Cr Transmission, Solar Assets From ReNew

India’s power sector infrastructure investment trust (InvIT) has executed definitive agreements to acquire one solar and one transmission asset, aggregating to an Enterprise Value (EV) of approximately Rs. 2,108 crore, excluding any net working capital and cash adjustments. Inclusive of the adjustments the EV shall not exceed ~Rs. 2,175 crore.  The solar asset, Renew Solar […]

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