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India May Add 30 GW Of Renewable Capacities In 2024-25

India seems to be racing towards achieving a record-breaking renewable capacity addition number in 2024-25. The rise in pace of solar and wind energy installations in the first seven months of calendar year 2024 indicates every probability of record capacity additions. This will follow a strong show in 2023, when 18.5 GW of renewable energy []

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SEIA Backs Biden Move On Expanding Scope of Tariffs For Solar Cell Imports

The Biden administration has issued a proclamation to raise the Section 201 tariff rate quota (TRQ) for imported solar cells from 5 gigawatts (GW) annually to 12.5 GW. The TRQ increase to 12.5 GW is retroactive for cells imported on or after August 1, 2024. Following is a statement from Abigail Ross Hopper, president and []

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Change In FDRE Bidding Norms Can Aid RE Growth: EMBER

EMBER recently released a policy paper highlighting the importance of changing the approach to bidding in the FDRE tenders to increase renewable energy (RE) capacity growth in India. It also stated that its unfair to make developers responsible for handling the unpredictable nature of renewable energy in contracts and that this should be rethought. EMBER []

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SAEL, NTPC & BluPine Bag SECIs 500 MW Solar Tender

Solar Energy Corporation of India (SECI) has now awarded 500 MW of solar projects to three solar power developers in India. The central tendering authority has announced the results of the tender recently. As per the details, these tenders were allocated to SAEL Industries, NTPC Renewable Energy and BluPine Energy. SAEL and NTPC Renewable Energy []

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226 GW Of Module Shipments By Chinese Majors In H1 Of 2024

Taiwan based consulting and research firm Infolink has released its ranking report for H1 of 2024. According to Infolink, the top 10 Chinese module manufacturers shipped around 226 GW of modules in the first half of this year, up 40% YoY. However, the annual growth rate has begun to narrow and the rapid growth momentum []

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Which State Has Benefited Most From PMKUSUMs Solar Pumps?

The Government launched the PM-KUSUM scheme in March 2019, which was scaled up in January 2024 to include standalone solar agricultural pumps. This scheme aims to provide energy and water security to farmers, enhance their income, reduce diesel usage in the farm sector, and decrease environmental pollution. Union Minister of State (MoS) for New and []

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Q1 Results: Inox Wind Reports 85% Increase In Revenue

Indian Wind Energy company Inox Wind Limited today announced its financial results for Q1. The figures submitted by the company revealed that the company reported an 85% rise in its total consolidated revenues on a Year-On-Year (YoY) basis.  The company said that its growth outlook is reflected in the companys large order book which stands []

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Green Stock August 9: Waaree Renewable, KPI Green Continue In Spotlight

It was yet another day when the two smaller domestic solar EPCs, Waaree Renewable Technologies, and KPI Green Energy, found themselves locked on Upper circuits. Strong Q1 results have acted to catalyse investor interest yet again in these firms, after some fears that they might have run ahead of performance. Tata Power, Shakti Pumps, Adani []

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