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Q4 2024 Prices: EU-North America See Fall In Solar, Wind Sees Marginal Uptick

The latest report by LevelTen Energy showcases the energy Power Purchase Agreement (PPA) trend for Q4, 2024 in the global west, i.e., the  European and the North American market. The report found that the European solar PPA prices have been steadily declining over the last two years, as the energy sector continues to return to […]

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India’s EV Market Jumps To 7.4% In 2024: SBI Caps Report

The evolution of the electric auto industry revolution is in full swing—1 in 4 vehicles sold globally in CY24 was electric, a leap from 1 in 40 just five years ago, finds SBI Caps report. The report accredited this latest growth to lower operating costs, cushioned by tax breaks and subsidies making EVs more accessible […]

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Q3 Adani Energy Solutions: PAT Up 80% YoY At Rs 625 Cr.

Adani Energy Solutions Limited (AESL), a part of the Adani portfolio and a transmission and distribution company in India shared its financial and operational performance for the quarter and nine months ended December 31, 2024. The company highlighted some of its key achievements for Q3. “Adani Energy Solution saw a robust growth of 24% in […]

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Exicom Optimistic For Its Integrated BESS & Charger Unit

Exicom, a leading Electric Vehicle (EV) charging and critical power solutions company, is optimistic about its integrated Battery Energy Storage System (BESS) and charging pump offering. The company recently showcased its new integrated system design at the Bharat Mobility Expo. Top management told Saur Energy that the unit can seamlessly connect with both off-grid solar […]

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Non-Utility Share Of Over 25% Stood Out In 2024 In India: SBI Caps

Investment bank SBI Capital Markets (SBI CAPS), in a report on non-utility solar in India, has hailed 2024 as the year when non-utility solar finally crossed the 25% threshold in India. Declining module and EPC costs, coupled with cheaper cells expanding off-grid potential, facilitate solar adoption. Non-utility solar is poised for significant growth, with annual […]

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Green Stocks Jan 9: Slide Continues Unabated For Green Stocks

The slide in prices continued to weigh down most of the stocks, as all, except Borosil Renewables, and Acme Solar suffered losses today or barely held on. While Acme Solar rode the announcement of a small commissioning, that is clearly no guarantee of stock performance in the future, as broader market sentiments shift. For now, […]

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ALMM On Solar Cells Can Push Tariffs By 50p/unit: CareEdge

A latest report by CareEdge Ratings said that the imposition of an Approved List Of Models and Manufacturers (ALMM) for solar cells in India can push solar tariffs up by up to Rs 40 paise per unit to Rs 50p/unit. The Ministry of New and Renewable Energy (MNRE) has planned to bring in ALMM for […]

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After A Lull, Borosil Renewables Plans Expanding Production

After a lull, Indian solar glass company Borosil Renewables has planned to take steps towards increasing its production. This comes after two key steps taken by the Indian government. One is the imposition of Basic Customs Duty (BCD) on solar glass import and another one is the imposition of anti-dumping duties against imports of solar […]

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Wafer Process: Reliance-Backed NexWafe GmbH Announces Breakthrough

NexWafe GmbH (NexWafe) has announced significant breakthroughs in its solar wafer manufacturing technology. The firm seeks to make ultra-thin, high-efficiency, monocrystalline, low-carbon footprint solar wafers with an energy footprint 40% lower than conventional wafer making. The German company achieved cell efficiencies equivalent to Czochralski (CZ) wafers in a production environment, marking a major milestone. Additionally, […]

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