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solar equipment

Premier Energies Bags Multiple Orders For Cells & Modules Worth Rs 1,087cr

Hyderabad-based solar manufacturing company Premier Energies announced receiving fresh orders worth Rs 1087 crore. The company in its latest in its latest filing informed the exchanges about its recent order. The company informed its investors that it received three orders for solar equipment. it bagged multiple orders from two large Independent Power Producers (IPPs) and […]

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India’s RE Installations To Surpass 35 GW/Year By FY27: CareEdge

The annual renewable energy (RE) installations in India are likely to surpass 35 gigawatts (GW) over the next two years, the latest report from CareEdge Ratings said. The agency said that it was primarily supported by a healthy pipeline of more than 100 gigawatts (GW), CareEdge Ratings says that the accelerated growth in the RE […]

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More Indian Module Makers To Setup Manufacturing Centers In US

The interest of Indian solar modules is now rising to invest in the United States (US) in the solar business. Bolstered by the hand-holding support of the government there to support the domestic production of solar cells and solar modules in the country, the investments in US in the sector is set to rise. This […]

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China’s Linton Technologies And 10 GW Wafer Machinery Order From India

In an announcement over the weekend, Chinese solar equipment maker, China’s Linton Technologies Group, which is among the largest makers of machinery to build solar wafers, announced a large order win in India. Coming just at the conclusion of the REI 2024 expo in India, the firm said the order for machinery to make upto […]

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MERC Declines To Give Relief To EESL Over ‘Change of Law’ Claim

The Maharashtra Electricity Regulatory Commission (MERC) in its latest order declined any relief to the Energy Efficiency Services Ltd (EESL). The case was related to the petition of the government entity, seeking compensation of Rs 27 crore. EESL sought this amount due to the rise of taxations on solar equipment during the developmental phase of […]

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What The Green Industries Said About Budget 2024?

Hours after Finance Minister Nirmala Sitharaman announced the Union Budget 2024, the industry leaders also reacted to the budget announcements. Many of them talked about the benefits and challenges of the industry in the light of the announcements. The minister, in her budget speech talked about imposing Customs Duty on solar glass imports and include […]

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What The Renewable Industry Expects From Union Budget? 

Days ahead of the Union Budget 2024, the Indian renewable energy companies have pinned their hopes on the event. A number of green companies have shared their expectations from the budget. Several of them batted for attention of better taxation regime, working on the hurdles for the green companies and suggested several means that can […]

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GST Rate Hike: CERC Orders Compensation To Ayana, Adani & Ostro

The Central Electricity Regulatory Commission (CERC) in three different cases ordered compensation to three different companies. The central regulator passed the order while hearing the pleas of the three firms related to ‘change of law’ events. These companies included-Ayana Renewable Power One Pvt Ltd, Adani Hybrid Energy Jaisalmer Three Limited and Ostro Kannada Power Pvt […]

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Inverter Major Sungrow Overtakes Longi By Market Cap

Sungrow, the no 1 solar inverter firm by most rankings, has crossed the market valuation of module maker LONGi, long seen as the largest solar equipment form out of China. With year-end revenues of RMB72.25 billion (US$9.9 billion) for 2023, the Sungrow stock surged to the highest market cap among Chinese PV firms. Revenues of […]

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