Renewable Energy

America’s First Solar Invests up to $1.2 Billion in Scaling Production by 4.4 GW

First Solar, a US-based manufacturer of solar panels, has announced plans to invest up to $1.2 Billion in scaling the production of photovoltaic (PV) solar modules that are made in America and are responsibly produced. By 2025, the investment is expected to increase the company’s capacity to manufacture solar modules built in the US for […]

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Inox Wind Board Gives Go-Ahead to Raise Up To Rs 800 Crores

Noida-based wind energy solution provider, Inox Wind announced recently that the Board has given the company permission to finance up to Rs 800 crore through the private placement of non-convertible preference shares to promoters. The official news release states that the money raised would go toward paying off the debt. According to Devansh Jain, executive […]

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Jinko Solar Ships 18.21 GW Of Modules in H1 2022

Jinko Solar has released its performance report for the first half of 2022. According to the report, the company’s performance improved significantly year over year in the first half of 2022, with operating revenue of 33.407 billion, up 112.44%; net profit attributable to shareholders of listed companies of 905 million, up 60.14%; and operating cash […]

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MAHAGENCO Invites EOI for 600 MW Solar Projects in Maharashtra

Under the “Mukhyamantri Saur Krishi Vahini Yojna,” the Maharashtra State Power Generation Company (MAHAGENCO) has invited an Expression of Interest to establish six solar power plants in six different regions of Maharashtra with a cumulative capecity of 600 MW. Each plant has 100 MW of capacity.  The projects will be implemented in Nagpur, Amravati, Aurangabad, […]

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IRCON Renewable Power Invites Bids for 500 MW Solar Project in Karnataka

IRCON Renewable Power (IRPL) has floated a tender for engineering, procurement, and construction (EPC) work with a 220 kV substation for 500 MW of grid-connected solar power projects at Pavagada in Karnataka. The last date for submitting the online bid is September 20, 2022, and the bids will be opened on the same day. This […]

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REIL Issues Tender for Setting UP 100 MW SPV Module Manufacturing Line

A joint venture between the Government of India and the Government of Rajasthan, Rajasthan Electronics and Instruments Limited (REIL) issues tender/ has requested a bid to set up a 100 MW automatic solar module manufacturing line. This Automatic Solar Photovoltaic (SPV) module manufacturing line is on turnkey basis. Within seven months after the purchase order’s date, […]

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Mahindra Launches New Electric 3-Wheeler with Starting Price at Rs 3.60 Lakh

Zor Grand, an entirely new electric three-wheeler from Mahindra Electric Mobility Limited (MEML), a member of the Mahindra Group, has been introduced recently. The vehicle’s starting price is Rs 3.60 lakh, ex-showroom Bengaluru. The innovative Li-ion battery technology used in the Zor Grand electric three-wheeler ensures a charging period of fewer than four hours and […]

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CEA Report: Prices for Polysilicon & Solar Modules Will Start to Fall in 2023

According to data by Clean Energy Associates (CEA), solar module prices for foreign markets are anticipated to decline in parallel with predicted decreases in polysilicon prices as of 2023. Due to higher-than-anticipated European purchase volumes and constrained polysilicon supplies, the quality assurance and supply chain management company disclosed that module costs that had gone up […]

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CEA Report: PV Price Forecasting Report (Q2 – 2022)

CEA (The Clean Energy Association) has published a research report entitled “PV Price Forecasting Report (Q2 – 2022)”. Recent months have seen significant changes in the solar sector as a result of supply constraints, increased costs, and logistical difficulties as well as rising energy demand and geopolitical tensions. The PV Price Forecasting Report is a […]

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