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Update: Rayzon Solar’s Pre IPO Round Attracts $16.2 Million

An earlier version of this story mentioned Sachin Tendulkar as an investor in Rayzon Solar’s maiden funding round, based on details from the company’s regulatory filing (MGT-14).  However, the latest filing (PAS-3) does not show any share allotment to Tendulkar. Accordingly, we have updated the story and removed his name. Solar panel manufacturer Rayzon Solar […]

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Emmvee Opens 5th Solar Module Plant, Lifts Capacity To 6.6 GWp

Indian solar manufacturer Emmvee has opened its fifth module manufacturing facility at Sulibele, near Bengaluru International Airport, adding 2 GWp of photovoltaic (PV) module capacity. With the latest expansion, the company’s total PV module capacity now stands at 6.6 GWp, while solar cell capacity has reached 2.5 GWp. The 400,000-square-foot facility will employ more than […]

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Havells Pumps Rs. 600 Cr Into Goldi Solar, Eyes Bigger Play In RE

Havells India has signed a binding term sheet to invest Rs. 600 crore in Goldi Solar. The investment, approved by Havells’ Executive Committee, is part of Goldi’s proposed fundraising round of up to INR 1,300 crore, expected to close within the next 75 days. In a regulatory filing, Havells said, “The binding term sheet provides […]

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UP Reaffirms 22 GW Solar Goal, Reviews PM-KUSUM Progress

Uttar Pradesh (UP) government has reaffirmed its goal of adding 22 GW of solar energy capacity, during a review meeting chaired by Union Minister for Consumer Affairs, Food and Public Distribution and New and Renewable Energy Pralhad Joshi, and Uttar Pradesh Chief Minister (CM) Yogi Adityanath. The meeting in Lucknow focused on evaluating progress under […]

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Solid-State vs Sodium-Ion: Who Will Dethrone Lithium-Ion Batteries?

The rise of renewable energy (RE) and the electric vehicle boom have brought with them increased expectations from the energy storage industry like increased efficiency, considerably high safety, and huge energy densities, and of course preferably at lower costs. Aiming to offer options are Sodium-ion batteries and solid-state batteries. Both have their own sets of […]

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Olan Agri, Husk Power Partner To Advance Solar Energy Adoption

Olam Agri and Husk Power have announced a commercial and industrial (C&I) solar project in Nigeria’s rice-producing region. This initiative will accelerate the transition of agriculture to sustainable energy infrastructure, significantly reducing reliance on expensive and polluting diesel generation. Under the partnership, Husk will deploy a 1.3 MWp solar photovoltaic (PV) system, integrated with an […]

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Kosol Energie Secures Module Order For NTPC’s Khavda Project

Kosol Energie has secured a 400 MW photovoltaic (PV) module supply order through Zetwerk, as part of the larger 1,515 MWp PV module requirement for NTPC’s Khavda Solar Project in Gujarat. The order includes the supply of 550W bifacial modules, which are designed for tracker-mounted installations to improve power generation efficiency. The modules will be […]

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Premier Sets Up Aluminium Unit To Expand Captive Use

Premier Energies Limited has incorporated a subsidiary, Premier-Green Aluminium Private Limited (PGAPL), to manufacture, process, and extrude aluminium and its alloys for captive consumption, the company said in a regulatory filing. The new subsidiary has an authorized share capital of ₹10 lakh, Premier Energies said.  In 2024, Premier Energies and several Indian solar manufacturers announced […]

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20 GW Open Access Solar Opportunity From Heavy Industries In India

There is a 20 GW solar market opportunity in the top 5 producing states under the green energy open access mode of power procurement for steel, cement, and aluminum according to an Ember report. The latest report by Ember on “RE-powering India’s heavy industries: 20 GW today, 24/7 tomorrow” found that steel presents the largest […]

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