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Vikram Solar Expands its Footprint in Africa – adds 14 Sub-Saharan Countries

The Indian solar company, Vikram Solar joins forces with African energy distributor Powertech Africa to expand its footprint into 14 new markets in sub-Saharan Africa, including Botswana, Zimbabwe and Tanzania. The alliance will enable Powertech Africa, to generate PV module sales of one megawatt in sub-Saharan Africa by mid-2016 and will indulge in bringing and […]

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What is International Solar Alliance (ISA) – Things You Should Know!

When the whole world is undergoing an energy crisis moment – The world leaders and political heads have come together to mark the most abundant form of energy ‘solar’ and technologically empower to feed the sphere with ‘Green Energy.’ The International Solar Alliance (ISA) is one of its kind historic pact among solar resource wealthy […]

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India’s Annual RE Capacity To Remain At 15-18GW Over FY25-FY26: Report

India Ratings and Research (Ind-Ra) expects the annual renewable capacity addition to maintain pace and remain at 15-18GW over FY25-FY26, owing to a significant reduction in equipment prices, continued policy support, availability of liquidity and investment plans of some of the large corporate players in the renewable sector for growth. However, the execution timelines of […]

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Tata Power Results In Line With Expectations, Q4 Profits Up 18%

Tata Power has announced its Q4 results. During the year, the firm owned its highest-ever PAT of ₹ 4,280 crore and Revenue of ₹ 61,542 crore for FY24  Q4 FY24 PAT up 18% to ₹ 1,109 crore, making it the 18th consecutive quarter of PAT growth During the quarter, the company’s renewables portfolio crossed the […]

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‘100% European Materials’ Promised At 250 MW Bulgarian Module Plant

Europe’s ongoing efforts to preserve solar manufacturing within the continent got a small boost with the installation of a 250 MW automated production plant in Bulgaria. Set up by Italian solar manufacturing machinery producer Ecoprogetti, the plant is owned by Bulgarian company Solar Panel Eood and will produce solar modules in an automated process with […]

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Renewables Can Bring Down Singapore’s Gas Dependency To 61%: EMBER

A recent report from energy think tank EMBER said that Singapore’s heavy reliance on gas-based electricity could be cut down with the expected rise of renewables in the country. The report said that based on its calculations, the share of electricity from gas would drop from 92% in 2022 to 61% by 2035. This was […]

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Waaree Energies Secures 400 MW PV Supply Contract From GIPCL

Waaree Energies Limited, India’s leading solar PV modules manufacturer, recently received a reception of a Letter of Intent (LOI) from Gujarat Industries Power Company Limited (GIPCL) for a 400 MW module supply deal. The contract entails the supply of solar PV modules incorporating advanced bifacial technology for the 2,375 MW RE Park near Vill. Khavda, […]

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Grew Energy’s 200 MW Module Contract From SECI To Support Market Building

Grew Energy has scored in the Solar Energy Corporation of India’s (SECI) auction, clinching the largest share of a 200 MW module supply contract. According to a press release by Grew Energy, the company’s mandate entails the testing, packaging, forwarding, supplying, and transporting of solar PV modules. Grew Energy has been domestically manufacturing solar cells […]

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Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US

The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […]

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