SUBSCRIBE NEWS LETTER

inverters

News In Brief Jan 24: ACME Solar, LONGi, Sungrow, Qcells 

Rajasthan: ACME Solar Operational RE Capacity Touches 2.54 GW ACME Solar Holdings through its subsidiaries ACME Deoghar Solar Power and ACME Phalodi Solar Energy, has commissioned the remaining capacity of 47 MW and 39.95 MW, respectively. The company commissioned these projects in Rajasthan.  The company said in a regulatory filing, “These two plants are now […]

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Solis launches First Hybrid Inverter In India

Leading global inverter brand and the No.1 rooftop inverter brand in India, Solis has announced the launch of its groundbreaking Hybrid Inverter series, the Solarator Series. With the launch, Solis completes the missing link in its India portfolio, where a hybrid offering was the only missing element so far. The name Solarator is a blend […]

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GUVNL Issues 250 MW Wind Energy Tender With Greenshoe Option

GUVNL recently issued a 250 MW grid-connected wind power project tender to be set up anywhere in India (Phase IX). The project also offers an additional ‘Greenshoe Option’ of up to 250 MW. It’s inviting bids up till February 11, 2025. The successful bidder under this arrangement can also consider entering into a Power Purchase […]

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Waaree RTL Gets 105 MWp Ground-Mount Solar Project For Rs. 277.20 Cr.

Mumbai-based solar EPC company, Waaree Renewable Technologies Limited has secured a 105 MWp ground-mount solar power project. The company secured approximately Rs. 277.20 Crores (Excl. Taxes) order. The company said in the regulatory filing “The project is scheduled to be completed in the financial year 2025- 26, as per the terms of the order.” The […]

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Waaree Renewable Technologies Secures Off-Grid Solar Order

Waaree Renewable Technologies (WTL), spearheading the Solar EPC segment,  recently received an order to supply 99 Solar off-grid combo sets. The company shared this information with its investors in its filing before the stock exchange. The company said, “Waaree Renewable Technologies (WRTL) secured the order from a customer engaged in trading activities. This project would […]

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Inverter Major Fimer’s Acquisition By Greybull Capital, Mclaren Applied Complete

Following the assignment, in late November 2024, of the FIMER S.p.A. business complex, a leading Italian solar inverter designer and manufacturer, to MA Solar Italy Limited affiliated to the McLaren Applied Group, the acquisition procedure has been formally completed as planned. FIMER has been officially welcomed into the Greybull Capital and McLaren Applied family. The […]

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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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HARTEK To Solarise Coca Cola’s J&K Bottling Plant

Hartek Group’s, Commercial & Industrial (C&I) Rooftop solar business unit has won a complete solar EPC  contract of 8 MW from Kandhari Beverages Private Limited one of the largest bottling plants of Hindustan Coca-Cola. This will become Jammu & Kashmir’s largest rooftop solar installation  The project is under execution and will be commissioned this quarter. […]

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IB Solar Seeks A Share of Solar EPC In 2025

Noida-based solar manufacturing firm IB Solar is set to enter into the solar EPC business as well in 2025. With a firm focus on government backed solar EPC projects at MW scale, IB solar has formed a new venture: “IB Solar Infra Developers Pvt. Ltd.”for its planned EPC business. Coupled with its plans to take […]

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