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domestic manufacturing

India Exports Solar Modules To 120 Countries, US Biggest Destination

With a boost in domestic solar module manufacturing capacities, India’s exports to other countries are expanding. Union Minister for New and Renewable Energy RK Singh recently shared the data on exports and imports of solar cells and solar modules from India. The data was shared before the Parliament as a written response from the minister […]

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GFCL EV Plans To Invest Rs 6000cr In Next Years In EV, Energy Storage

Gujarat Fluorochemicals (GFCL) EV Products Ltd, a subsidiary of Gujarat Fluorochemicals Ltd. (GFL), recently announced an investment of INR 6000 Crores (out of which approx. Rs 650 Cr is already invested till 31.12.2023) over the next 4- 5 years. This investment is to enable a supply of approx. 200 GWh/annually of electric vehicle (EV) and […]

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Gensol Engineering Raises Rs 900cr Equity Through Preferential Round

Gensol Engineering Limited, a renewable energy and electric mobility pioneer, today raised a significant Rs 900 crore (Rs 9 billion) equity capital through warrants convertible into equity shares on a preferential basis. This major milestone comes at a juncture when Gensol is on a growth trajectory and is leading the green energy and clean mobility […]

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Citizen Solar In Tie-up With Jinchen To Expand Module Capacity to 1.2GWp

Gujarat based Citizen Solar has signed an MoU with Chinese solar equipment manufacturer Jinchen Corp to expand its solar module manufacturing capacity to 1.2 GWp in a phased manner. Citizen solar is an approved manufacturer that is already on MNRE’s Approved List of Module Manufacturers (ALMM) list on date. It’s approved manufacturing capacity in ALMM […]

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China To Hold 80% Wind Deployment In Asia-Pacific In Five Years: Report

A recent report by Wood Mackenzie on the renewable energy growth in Asia Pacific market stated, “Despite short-term hurdles such as cost inflation, construction delays and higher interest rates, the economics of offshore wind are improving strongly in the late 2020s. It’s supporting a strong future for the technology in Asia Pacific markets.” The Wood […]

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“International Initiatives Such As CBAM And Carbon Trading Will Support RE Adoption”, Akshay Hiranandani, Serentica Renewables

Has Serentica’s launch plan changed since its inception, or is it following the original plan to achieve the fastest renewable expansion? Can you provide the current status of the firm’s plans, including specific timelines for capacity additions? Serentica remains committed to industrial decarbonization and providing 24/7 green power for hard-to-abate industries. Our current focus centers […]

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Hero Future Energies Inks Pact With PIXON Green For Solar Module Supply

Hero Future Energies has announced the signing of an agreement with PIXON Green Energy, a domestic module manufacturer, for the supply of solar PV modules. Under the agreement, PIXON Green Energy will provide Hero Future Energies with high-efficiency modules for up to 500 MW annually on a prioritized basis for two years from their automated […]

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GameChange Solar Opens 2.5 GW Tracker Plant In Brazil

GameChange Solar (GCS), a leading global supplier of solar tracking solutions for ground-mounted photovoltaic (PV) plants, announced the opening of a new factory, training, service, and technical support center exclusively for its Genius Tracker™ solar trackers in Feira de Santana, Bahia, Brazil. The Brazil factory, located in Feira de Santana, Bahia, started trial runs in […]

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Tata Motors To Manufacture EVs in Sanand Factory From Coming April

Starting April this year, India’s EV giant Tata Motors is set to initiate the production of electric vehicles at the Sanand plant in Ahmedabad, Gujarat, that it had acquired from Ford India. The EV facility, obtained by Tata Passenger Electric Mobility Ltd, a unit of Tata Motors, for Rs 725.7 crore in January 2023, will […]

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