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Waaree Energies Acquires Kamath To Scale Transformer Business

Mumbai-based Waaree Energies said its Board has approved the acquisition of Kamath Transformers Private Limited, with the transaction expected to be completed in the 2025-26 financial year. In a regulatory filing, Waaree said Kamath Transformers is a “well-established and progressive company in transformer manufacturing,” with revenues of ₹257.3 crore in FY22, ₹544.1 crore in FY23, […]

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MERC Clarifies On Rooftop Solar, Open Access Rules

The Maharashtra Electricity Regulatory Commission (MERC) has issued key clarifications on rooftop solar and open access energy rules, addressing consumer concerns on banking charges, eligibility, and implementation under recently amended regulations. In an order passed last week, the Maharashtra Electricity Regulatory Commission (MERC) responded to a public interest petition filed by a renewable energy consultant. […]

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MP: Powergrid Floats 20 MWh BESS Tender At Solar Plant

State-run Powergrid Corporation of India has issued a tender for the development of a Battery Energy Storage System (BESS), designated as Package BESS-01. The 20 MWh (5 MWh x 4 hours) system will be co-located with an existing 85 MW solar PV plant at Nagda, Ujjain, Madhya Pradesh. Bids are invited until June 16, 2025. […]

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Wave Solar Plans To Go Aggressive In Solar Inverter Biz

Indian solar inverter brand Wave Solar has now planned to go aggressive in its inverter business to strengthen its market presence in the Indian solar sector. With more product diversification plans and expansion in hand, the firm is now looking to create its own niche. The firm, currently having a strong hold in the Commercial […]

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CERC Rejects Adani Power’s Plea On Open Access Charges

The Central Electricity Regulatory Commission (CERC) in its latest has order dismissed a petition by Adani Power Limited challenging state transmission charges levied for electricity supplied to MPSEZ Utilities Limited, ruling the company has no legal standing in the case. In a recent order, the Central Electricity Regulatory Commission (CERC) said the charges were imposed […]

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Supply Chain Planning Senior Professional

Strategic and Tactical Procurement Specialists to deliver accurate and timely Procurement activities of Hub India, collaboration with local & global suppliers, data management and reporting. Ensure execution in accordance with Company Procurement policies. As the Supply Chain Specialist, you will report to the Head of Supply Chain HUB India. You will be responsible for planning, […]

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BESS Startup VFlowtech Secures USD 20.5 Million

VFlowTech, a leading provider of sustainable long-duration energy storage solutions, has announced a significant capital raise of $20.5 million to support its strategic expansion into India’s clean energy sector. the firm offers long-duration energy storage and AI-driven energy management. The funding will enable VFlowTech to scale its existing 100 MWh manufacturing plant in India to […]

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KK Wind’s Largest Asia Factory Opens For Business In India

KK Wind Solutions, a EUR 1 billion company owned by Danish Shipping group A.P. Moller Holding, has officially inaugurated a new factory and offices in Bengaluru, India. The expansion marks a major step in the company’s international growth strategy and its long-term commitment to supporting India’s renewable energy ambitions. The new factory will be the […]

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China Solar Prices Stay Under Pressure With Weekly Drop In Wafer Prices

Production cuts and efforts to coordinate price action among key manufacturers failed to work as silicon solar wafer prices suffered their sharpest weekly fall in China this past week. The drops mean that the eventual prices of modules will continue to be under pressure for now, despite repeated urging by top industry players in China […]

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