Solar News

BMW’s EV Deliveries In India Grow By 11% In First Half of 2023

BMW India, one of the leading luxury car makers in the electric segment in the country, reported an 11 percent growth in its total deliveries of electric vehicles (EVs) in the first six months of 2023. BMW Group India said it continued its dominance in the electric luxury segment. It attributed this to the most […]

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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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THDC Issues EoI for Empanelment of Consultants for Land Acquisition for 2 GW RE Parks

THDC INDIA Limited has invited Expression of Interest (EOI) for empanelment of consultants for its subsidiary ‘TREDCO Rajasthan Limited’ for acquisition of land for the development of 2000 MW Ultra Mega Renewable Energy Power Parks (UMREPPs). These will be established in Rajasthan under MNRE’s Solar Park Scheme. The EOI opens on August 11, 2023. The […]

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Solar Designer PVcase Raises $100 Million In Funding

Lithuanian firm PVcase (PhotoVoltaic Computer Aided Solar Engineering), a key global leader in solar project design software, announced today it has secured a joint investment of $100 million, bringing the company’s total funding to over $123 million. Highland Europe, Energize and existing investor Elephant all participated in the round. Despite considerable resources already invested in the solar market, the solar engineering industry […]

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Have FTA Routes Become Conduits For Cheaper Solar Modules into India?

Export-related data has revealed that during April and May of this fiscal year, the quantum of imports of solar modules from countries with which India has a free trade agreement (FTA) has increased significantly, with a 48% share of total solar imports. The sharp move is beginning to hurt domestic manufacturers yet again, as they […]

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Inox Wind Secures Certification for 3 MW Wind Turbine

Inox Wind, a wind energy solutions provider in India, today announced that TUV SUD, a global certification body based in Germany, has granted a Type Certificate to Inox Wind for their state-of-the-art, new generation 3 MW wind turbine with a booster capacity of up to 3.3 MW. This certification signifies that the prototype turbine has […]

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Indian Firm Devises Furnace That Can Help To Produce Efficient Solar Cells 

A Bangalore-based company with expertise in producing thin film and vacuum technology now claims to have made a revamped furnace that can aid in reducing the price of solar PV module manufacturing in the country and make efficient solar cells.  The firm named Hind High Vacuum (HHV) has now made a “directional solidification (DSS) furnace.” […]

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Two Solar Firms To Get Compensations Due to Increased GST Rates

In its order, the Central Electricity Regulatory Commission (CERC) granted compensation to two renewable energy companies. The central authority granted these compensations on account of ‘Change of Law’ events. Such events included the rise of Operations and Maintenance (O&M) costs of their projects due to the escalation of GST rates and the imposition of increased safeguard duty […]

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Suzlon Group Bags 100.8 MW Wind Power Project from Everrenew Energy

Renewable energy solutions provider, Suzlon Group has recently secured a new order from Everrenew Energy Private Limited to undertake the development of a wind power project with a capacity of 100.8 MW. Suzlon will install 48 wind turbine generators (WTGs) of their S120 – 2.1 MW with a Hybrid Lattice Tubular tower at Velliyanani Phase […]

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