Performance

Waaree Renewable Technologies Expects A Likely Rise Of Orders From PSUs

Waaree Group’s EPC arm, Waaree Renewable Technologies Limited, is now anticipating a rise in opportunities for solar developers in India in the coming days. This is likely to see a transition of the order books of the developers, the top management opined in a recent investors call.  Dilip Panjwani, Chief Financial Officer (CFO) of Waaree […]

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Average Power Supply In Rural India Touched 20.6 Hours: RK Singh

The Ministry of Power (MoP) data on power availability within the power sector showcased a growth trend in 2023. Union Power Minister RK Singh said that several reforms in the power sector brought several positive results, including reduced AT&C (Aggregate Technical and Commercial) losses.  “The AT&C losses in the power sector went down to 15.41% (provisional) […]

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With Global Expansion, Solar PV Maker Qn-SOLAR Achieves 4.5GW Sales

Chinese solar module manufacturer Qn-SOLAR achieved significant growth in 2023, surpassing 4.5 GW of global sales. The company expanded its market reach from Europe and Brazil to a global scale, including Europe, the Middle East, Asia-Pacific, North America, and South America. Qn-SOLAR has optimized its localization strategy by forming localized teams to support business expansion […]

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IRA Can Lead To Creation of 4L Jobs In US, Says Report

A latest report analysing the performance of the Inflation Reduction Act (IRA), in the US in the first-year claimed that the move could lead to the creation more than 400,000 new jobs and hundreds of billions of dollars of investments. The report was released by E2 a business group. It shared the update on the […]

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At 268.7 MW, India’s Sept Solar Additions Lowest In 5 Years

The latest installed capacity data from the Central Electricity Authority (CEA) shows that India could add only 268.77 Megawatt (MW) of new renewable energy capacities in September this year. An analysis of the older records by Saur Energy revealed that this was the lowest addition of green power in the month of September in the last […]

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Gujarat Tops In Residential Rooftop Programme: Govt Data    

A recent data from the Lok Sabha on Residential Rooftop Solar Systems indicated that India had garnered a total of 2.1 GW of solar power through the residential rooftop solar scheme of the Union government in Phase II of the programme. MNRE Minister RK Singh shared the data during his written reply before the House. […]

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Five Indian States Take 87% Of PM-KUSUM Benefits

Latest data from the government claims that Rajasthan, Haryana, Uttar Pradesh, Punjab, and Madhya Pradesh account for 87.24 percent of the total benefits under the PM-KUSUM scheme. It is indicated from the total number of solar pumps installed under Component B of the scheme.  The statistics up to June 30, 2023, claimed that India installed […]

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Sikkim, Himachal, Chandigarh Top Performers In RPO Compliances

A latest data from the Ministry of Power claimed that Sikkim, Himachal Pradesh, Chandigarh and Uttarakhand emerged as the best performing states in terms of their compliances towards Renewable Purchase Obligations (RPOs). The data was shared today by Union Minister of Power RK Singh today before the Lok Sabha. According to the data shared by […]

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Adani Green’s RE Capacities Grew 43% in Q1 on YoY

Adani Green Energy Limited (AGEL), the renewable energy arm of Adani Group, increased its renewable energy capacities by 43 percent in Q1 on a Year-On-Year (YoY) basis. While it added 5,800 MW of renewable power in Q1 of FY23, it increased its capacity to 8,316 in Q1 of FY 24, reporting a 43 percent rise […]

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