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manufacturing capacity

As India Goes Past 100 GW Solar Milestone, No Time To Rest

If ever there was a better use of the term turning point, inflection point, or simply the year when everything fell into place, 2024 would probably come the closest for the Indian solar market. These 365 days proved to be a harbinger of several good news for the different stakeholders in the industry, including solar […]

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Q3 FY25 Results: Suzlon’s Profit Rises 91% YoY To Rs. 388 Crore

Wind energy company Suzlon Group announced its third-quarter results for the financial year 2024-25 (Q3 FY25), ending on December 31, 2024, reporting a 91% increase in revenue to ₹2,969 crore. The company also recorded a 102% rise in EBITDA, reaching ₹500 crore. Its profit after tax (PAT) grew by 91% to ₹388 crore. Additionally, Suzlon […]

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Jaipur To Add Another GW Sized Solar Plant, From RMC Switchgears Now

The Rajasthan-based renewable energy company, RMC Switchgears, recently conducted a Bhoomi Poojan ceremony for its new solar module manufacturing plant in Chaksu, Jaipur. This will be an addition to its existing unit in the region. RMC Switchgear shared, “The company conducted the ‘Bhoomi Poojan Ceremony’ for its new solar module manufacturing plant, with a proposed […]

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Budget 2025: Green Firms Seek Support For Wafer, Ingot Production

As the Union government is gearing up to announce the Union Budget, India’s renewable energy sector is expecting more hand-holding support from the government. The industry is now also keen to have more stability in policies and attention to some of the lesser support areas of the industry. In the last interim and extended budget […]

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ALMM: Vikram Solar, Rayzon, Swelect & Others Add New Capacities

The Ministry of New and Renewable Energy (MNRE) has released its updated Approved List of Models and Manufacturers (ALMM), pegging India’s cumulative enlisted solar module manufacturing capacity at 67.40 GW. New Entrants and Capacity Additions The latest ALMM highlights the addition of new capacities from eight domestic solar module manufacturers, including three new entrants. Notably, […]

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First Made-in-US Solar Plant Set To Power Google Data Centers

Made-in-US solar plants are now all set to power the Google data centers, the US Energy Department, under its policy office said in one of its latest blogs. The office said that this will boost the local economy and the American manufacturing industry in the country. US Office of Policy calls it one of the […]

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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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Premier Energies Subsidiaries Get Solar Cells, Module Orders From Two IPPs

Subsidiaries of Telangana-based Premier Energies have secured multiple solar cells and module supply orders. The company got the order totaling Rs.1460 crore from two large Independent Power Producers (IPPs) and others. Sharing the estimated timeline for the order, the company noted, “The supply of these modules is scheduled to commence in May 2025.” The subsidiaries […]

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Rising Solar Stars: Top 5 Sub 10 GW Solar Markets For 2025

Solar energy has become a cornerstone of the global transition to sustainable power, driving economic growth and innovation while offering significant environmental benefits. Historically, countries like China, India, the US, Germany, and Brazil have led the charge in solar development. However, in recent years, a wave of new entrants has reshaped the industry, with several […]

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