SUBSCRIBE NEWS LETTER

domestic manufacturing

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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PLI Should Be Extended To Agri-Based Manufacturers: ICRIER

The latest Indian Council for Research on International Economic Relations (ICRIER), report called for extending India’s production-linked incentive (PLI) scheme—currently supporting domestic solar panel manufacturing—to include low-carbon agricultural technologies. These could include livestock feed additives that reduce methane emissions (such as Rumen8) and biofertiliser products, the report added. India’s agriculture sector is vulnerable to climate […]

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China Solar Firms Hope For a Quick Resolution Of US Tariff Tussle

As global markets swoon over the US tariff action, and China’s surprising retaliatory response with a 34 percent tariff on US imports to that country, China’s solar titans hope that better sense will prevail in due course, sooner rather than later. With stock prices for both Jinko (NYSE listed) and Longi (Shanghai SSE listed) down […]

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ACME Targets Rs 10,000cr Revenues From Solar Module, Cell Biz

ACME Group is aiming to generate Rs 10,000 crore in revenue by 2030 from its solar module and cell manufacturing operations, as part of a broader strategy to diversify beyond renewable energy generation. The Gurgaon-based company has entered the solar equipment manufacturing sector with an investment of Rs 230 crore. Its new module manufacturing facility […]

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Trump tariffs and Impact on Indian Solar-Cloudy With Silver Linings

As governments across the world and industry coordinate to better understand the impact of the Tariff blow from the US, it is interesting to see how the solar sector in India will be affected. Keep in mind that India has slowly been emerging as a key solar manufacturer after years of efforts to push domestic […]

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Green Stocks April 3- Stocks Shrug Off Tariff Noise To Enjoy A Breather

On a day when the markets struggled to decide just how bad US tariffs on India could be, immediately or in the long term, the immediate consensus seems to be business as usual. Thus, most of our green energy stocks with an overwhelmingly domestic focus did relatively well today, save for Waaree Energies, which is […]

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We focus on efficiency rather than number of people: Emmvee Photovoltaic

It was in June last year, when results from PV Evolution Labs (PVEL), an autonomous testing facility catering to the downstream solar industry and affiliated with the Kiwa Group, released its newest PV Module Reliability Scorecard. The 10th edition of the widely awaited annual scorecard of solar module quality featured 53 manufacturers as Top Performers in […]

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As Fy25 Ends, A Mixed Message For Solar From Regulators, Courts

The final week of March, also the end of the financial year 2024-25, saw a troika of rulings in favour of solar, and solar customers by extension, across key states of Maharashtra, Karnataka and Tamil Nadu.   Maharashtra Regulator Backs Solar With Vote For Status Quo   In Maharashtra, the Maharashtra Electricity Regulatory Commission (MERC) […]

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