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Waaree Energies Secures NABL Accreditation for Advanced Testing Lab

Indian Solar module manufacturer Waaree Energies has announced securing NABL accreditation for its Solar PV Module Test Lab (PMTL). Located at Waaree’s module manufacturing facility in Chikhli, Gujarat this accreditation further strengthens the company’s product testing and quality assurance. This marks Waaree’s second NABL accreditation, following the first achieved for its Thumb manufacturing facility. The […]

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Green Stocks Dec 4: Adani Green Stock Price Plunges Again

Wednesday presented a mixed day for the renewable energy companies in the stock market. Controversy hit Adani Green today and witnessed a further plunge in its stock price. The company’s stock today reported a 3.83% decline. The limelight today was on the Hyderabad-based solar cell and module manufacturing company Premier Energies with a rise of […]

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Waaree Energies Bags 364 MWp & 160 MWp Module Supply Orders

Indian solar module manufacturer Waaree Energies today announced securing orders for module supply totaling 364 MWp and 160 MWp. The firm received these orders from renewable project developers from India. These customers are engaged in the business of owning, developing and operating renewable power projects in India, the firm said. The contracts include the supply […]

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News In Brief Nov 27: Ecofy Partners With Swelect, TOYO Secures $150 Mn Contract

Ecofy Partners With Swelect Energy To Increase Rooftop Solar Adoption Across South India Ecofy, India’s green-only NBFC backed by Eversource Capital and committed to financing India’s green transition has announced a partnership with  Swelect Energy Systems Limited (formerly known as Numeric Power Systems Limited). This collaboration combines Ecofy’s digital lending expertise with SWELECT’s manufacturing and […]

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China Seeks a fix For PV Overcapacity With New Norms

With its world leading PV sector hit by losses in the past year, China’s Ministry of Industry and Information Technology is focusing on what it can control, to try and nurse the sector back to health. We saw last week how export incentives on solar products were reduced last week in perhaps a signal to […]

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Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI

Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore.  […]

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US Investment Plan: Premier Energies To Wait For More Clarity On IRA

Indian solar module and solar cell manufacturer Premier Energies has now planned to buy more time on its investment plan in the United States (US). The firm, which has planned to start its solar cell production line in the US now wants more clarity on the benefits under the Inflation Reduction Act (IRA) after the […]

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How Carbon Market Boost At COP29 Can Bolster Indian RE Sector?

After a long wait, global leaders have approved the standards for an international carbon market at the latest COP20 at Baku in Ajerbaijan. The United Nations Framework Convention on Climate Change (UNFCCC) announced this significant development in an official release. The new UN-backed global carbon credit market is set to pave the way for increased […]

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MNRE Asks Module Makers To Share DCR Data Since Jan 2024

The Ministry of New and Renewable Energy (MNRE) has issued a new order asking the Indian solar module and cell manufacturers to share the Domestic Content Requirement (DCR)- related data since January 1, 2024. The ministry asked the solar companies to share this data on the DCR verification portal of the National Institute of Solar […]

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