SUBSCRIBE NEWS LETTER

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Alpex Solar Net Profit Increases 680% YoY After IPO

Alpex Solar Limited has released its yearly financial statements since its successful IPO on February 15, 2024, is this year. Net earnings for the company increased by 680 percent from INR 3.72 crore in FY23 to INR 29.05 crore in FY24. Operational revenues for the company increased to INR 404.43 crore from INR 182.69 crore […]

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India’s Solar Energy Sector And Opportunities for Startups and Entrepreneurs

India’s solar energy sector is experiencing a remarkable transformation, creating abundant opportunities for startups and entrepreneurs. With the government’s ambitious targets and supportive policies, this sector is becoming a hotspot for innovation and investment. Growing Solar Capacity India aims to achieve 300 GW of solar capacity by 2030, a significant leap from its current capacity […]

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Pahal Solar Introduces 570W TOPCon DCR Modules

Gujarat-based solar module manufacturer Pahal Solar has now introduced its 570-watt TOPCon solar modules. The company said that these modules comply with the Ministry of New and Renewable Energy (MNRE’s) Domestic Content Requirement (DCR). It also said that they have been specially launched to cater to the rising demand for high efficient solar modules for […]

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Insolation Energy Reaps Gains With Record FY24 Numbers, Plans Expansion

Rajasthan’s leading solar firm, Insolation Energy Limited (INA Solar), has announced impressive financial results for the fiscal year ending March 31, 2024. The company reported a turnover of Rs 741.32 crore, a substantial increase of 165% from the Rs 280.05 crore recorded in the previous fiscal year. Gross margins surged by 237%, reaching Rs 111.65 crore […]

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Deepak Pandey Led Solar Startup GP Eco Solutions Seeks NSE Emerge Listing

Noida-based GP Eco Solutions India Limited (GPES) has confirmed its plans to go ahead with an IPO on NSE Emerge soon, after first announcing it back in March this year. “GP Eco Solar intends to raise capital between Rs. 30 Crore and Rs. 35 Crore, subject to approval. The IPO funds will fuel our growth, […]

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Insolation Energy- Soaring Market Cap Delivers Stunning Returns

Jaipur-based Insolation Energy Limited ( INA Solar), riding on strong operating numbers and the current market fancy for green energy stocks, has raced to the first position by market capitalization on BSE SME & NSE EMERGE  platform. With its existing market cap of well over Rs 3300 crores, Insolation Energy Limited (INA Solar), the noted […]

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With ALMM Inclusion IB Solar Targets Faster Growth

Noida-based Integrated Batteries India Pvt. Ltd. (IB Solar) has achieved the inclusion of its Mono Perc series, up to 545 WP, in the Approved List of Models and Manufacturers (ALMM) by the Ministry of New and Renewable Energy (MNRE). This endorsement marks a pivotal moment for IB Solar, as it opens up access to multiple […]

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India Creates New Record By Adding 18.5 GW Of Renewables In 2023-24

India created a new milestone in 2023-24 by adding one of the highest-ever additions of renewable energy in the country. The latest statistics shared by the Ministry of New and Renewable Energy (MNRE) revealed that during the last fiscal year, the country added a total of 18.5 GW of total renewable power, thanks to a […]

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As Govt Reimposes ALMM, New Challenges Emerge For Solar Industry

Approved List of Module Manufacturers (ALMM) reimposition in India by the Ministry of New and Renewable Energy (MNRE) has led to speculations in the solar industry ranging from solar module manufacturers, and developers to other stakeholders. The ministry had earlier kept it in abysence for a few years to allow the domestic solar market to […]

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