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Solarium To Re-Enter Manufacturing Biz With 1 GW Capacity

Solarium Green Energy Ltd, a rooftop solar company in India, said on Tuesday it plans to re-enter solar module manufacturing with a 1 gigawatt (GW) production facility in Ahmedabad, Gujarat. This comes months after the listing of the firm on the Indian stock exchange. The firm entered the stock exchange on February 13 this year. […]

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Madhya Pradesh Will Solarise All Govt Buildings By 2025, Says CM

Madhya Pradesh (MP) is set to equip all its government buildings with rooftop solar panels by the end of 2025, Chief Minister Mohan Yadav said. He announced the decision at the Surya Mitra Krishi Feeder Summit held in Bhopal. The move is part of the state’s wider plan to accelerate the adoption of renewable energy […]

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Enfinity Global Signs PPAs For 420 MW RE Supply In Italy

United States (US) based Enfinity Global has signed Power Purchase Agreements (PPAs) in Italy with a US technology company to supply renewable energy from a 420 MW portfolio of solar PV projects. The company has contracted 805 MW over the last two years in Italy, with major corporations and industrial customers. Enfinity is currently Italy’s […]

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2024: Adani, Jinko Among 10 Firms That Shipped 500 GW Solar Modules

The world’s top 10 solar photovoltaic (PV) module manufacturers shipped a record 500 gigawatts (GW) of modules in 2024, nearly doubling the previous year’s volume, according to Wood Mackenzie’s new Global Solar Module Manufacturer Rankings 2025 report. Despite this surge in shipments, the leading players collectively reported losses of US$4 billion as revenues declined significantly […]

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Hyundai Buys 26% Stake in Fourth Partner’s TN Wind Farm

Hyundai Motor India has invested ₹16.58 crore as the first tranche to acquire 23,62,638 equity shares in Fourth Partner FPEL TN Wind Farm Private Limited, a special purpose vehicle (SPV) of Fourth Partner Energy. The shares were allotted via private placement on June 6, 2025. Following the infusion, Hyundai now holds a 26.13% stake in […]

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US Solar Manufacturing Surges, Legislation Threat Looms Large

The United States added 8.6 gigawatts (GW) of new solar module manufacturing capacity in the first quarter of 2025, making it one of the strongest quarters for US solar manufacturing growth, according to new data released by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. The surge was driven by eight new or expanded […]

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IndiGrid to Buy Rs. 2,100Cr Transmission, Solar Assets From ReNew

India’s power sector infrastructure investment trust (InvIT) has executed definitive agreements to acquire one solar and one transmission asset, aggregating to an Enterprise Value (EV) of approximately Rs. 2,108 crore, excluding any net working capital and cash adjustments. Inclusive of the adjustments the EV shall not exceed ~Rs. 2,175 crore.  The solar asset, Renew Solar […]

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China’s Energy Spending Equals EU, US Combined In 2025: IEA

Global energy investment is set to increase in 2025 to a record $3.3 trillion despite headwinds from elevated geopolitical tensions and economic uncertainty, said a new International Energy Agency (IEA) report, with clean energy technologies attracting twice as much capital as fossil fuels. Investment in clean technologies – renewables, nuclear, grids, storage, low-emissions fuels, efficiency […]

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CESC Arm Signs 1 GW Wind Turbine Deal With Envision Energy

Kolkata-based Purvah Green Power Private Limited, a subsidiary of CESC Limited, has entered into a framework agreement with Envision Energy India Private Limited for the supply and commissioning of 1 gigawatt (GW) of wind turbine generators (WTGs). The agreement also includes operation and maintenance (O&M) services for 10 years following the commissioning of the WTGs. […]

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