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BCD Will Raise Solar Purchase Cost by Rs 900 Cr pa for Off-takers: Ind-Ra

The imposition of BCD will lead to an increase in solar tariffs which will increase power purchase costs for solar off-takers by Rs 900 crore annually India Ratings and Research (Ind-Ra) has come out and said that the imposition of basic customs duty (BCD) on solar cells and modules with effect from 1 April 2022 […]

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Solex Energy Ltd is the 2nd Most Trustworthy Solar EPC Company

As per the a survey conducted by USAID, GERMI and CII in the month of October-Novermber-2020 spread over a period of two months, Solex Energy Ltd has come out in flying colour and stood 2nd in the Solar EPC works in its PV installations across Gujarat securing 69.9 marks out of 100. Gujarat Energy Research […]

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Adani Green Energy Receives LOA for 300 MW Wind Project From SECI

AREHFL, a subsidiary of Adani Green Energy, has received the LOA to set-up a 300 MW wind project under SECI’s 1200 MW (Tr-X) tender. AREHFL, a subsidiary of Adani Green Energy (AGEL), had participated in the tender issued by the Solar Energy Corporation of India (SECI) for setting up 1,200 MW ISTS-connected wind power projects […]

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Adani Green to Take Over 50 MW Solar Asset from SkyPower Global

One of India’s leading renewable companies, Adani Green Energy Limited (AGEL) has announced that it has signed a share purchase agreement for the acquisition of a 100 percent stake in a special purpose vehicle (SPV) holding 50 MW operating solar project of SkyPower Global, developers and owners of utility-scale solar energy projects, with more than […]

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Will Module Price Skyrocket in 2021?

80% of the price of a PV module is based on the cost of raw materials. After Chinese New Year, glass price has not fallen a bit from its autumn highs while polysilicon continues to soar and the prices have been rising across the entire PV supply chain. Recently, from the bidding prices submitted by […]

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GameChange Solar Announces Deployment of Over 230,000 Solar Trackers

GameChange Solar today announced that the company has now deployed over 230,000 solar trackers. Each solar tracker is an independent robotic system that moves an average of 90 PV solar modules throughout the course of the day to follow the sun and interact with weather patterns to optimize energy harvest for power plant owners. The system […]

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Waaree Supplies 2.47 MW Solar Modules to Vibgyor Energy

Waaree Energies, India’s largest  solar module manufacturer with an installed capacity of 2 GW, has announced supplying 330wp & 335wp Solar modules for a 2.47 MW project Developed by the Sunil Gadhoke led Vibgyor Energy, of Sunbeam Real Ventures Pvt Ltd. The solar project of Vibgyor Energy is located at Hardoi, Uttar Pradesh and Waaree […]

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Nextracker Settles Patent Lawsuit With Solar FlexRack, Wins Royalties

Settlement Grants Royalties to Nextracker for Patents Covering its NX Horizon™ Smart Solar Tracker Design Nextracker™, a Flex company, announced today that it has settled its patent infringement lawsuit against Northern States Metals Company, which conducts its solar energy business under the name Solar FlexRack. Nextracker. The suit had been filed in June 2020, in a […]

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