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“WAACAB Focused On Large Solar Installations”-Satyam Khamar

India’s solar boom has opened up a world of opportunities for many firms. WAA Cables is one which has grabbed the opportunity opened up by the rising demand for specialised cables and more for the growing solar footprint across the country. Along with that has come the EV rush, now picking pace, where the firm […]

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Vadodara Municipal Corporation Issues 4 MW Rooftop Solar Tender

Vadodara Municipal Corporation has invited a tender to commission and undertake the comprehensive Operations and Maintenance (O&M) of a 4 MW rooftop solar power plant for 10 years. The rooftop solar plant will be installed on various municipal buildings. The municipal corporation has sought bids for the project until February 27, 2025. The tender mentioned, […]

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PM Surya Ghar Powers 9,369 Varanasi Homes With Rooftop Solar

Varanasi, a key district in Uttar Pradesh (UP), has been performing well under the PM Surya Ghar Muft Bijli Yojana. The region witnessed an increase in solar installations, benefiting 549 households in February 2024, 2,856 in June 2024, 7,179 in October 2024, and reaching 9,369 in December 2024. The region has seen the installation of […]

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45% Of Households Benefit From CFA Under PM Surya Ghar: MNRE

The Union Minister of  New and Renewable Energy (MNRE) has shared details of the households that benefitted through the installation of rooftop solar plants. When asked about the number of rooftop solar installations done under the PM Surya Ghar Muft Bijli Yojana (PMSGMBY) till now, the minister stated, “ Under the PM Surya Ghar: Muft […]

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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: ACME Solar’s PAT Up By 152% YoY, PAT Margin At 28%

ACME Solar Holdings, in its Q3 FY25 financial results, reported a 152% year-over-year (YoY) increase in Profit After Tax (PAT). It also reported a 632.5% jump in its net profit on a Quarter-On-Quarter (QoQ) basis. The PAT margin reached 28%, while the net debt-to-equity ratio stood at 1.6x. The company’s total revenue increased by 9.9% […]

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News In Brief Jan 24: ACME Solar, LONGi, Sungrow, Qcells 

Rajasthan: ACME Solar Operational RE Capacity Touches 2.54 GW ACME Solar Holdings through its subsidiaries ACME Deoghar Solar Power and ACME Phalodi Solar Energy, has commissioned the remaining capacity of 47 MW and 39.95 MW, respectively. The company commissioned these projects in Rajasthan.  The company said in a regulatory filing, “These two plants are now […]

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China Adds 277 GW Of New Solar Capacities In CY24

Notwithstanding the global trade challenges of the Chinese solar industry, the country has now created new records in its green energy landscape. As per the latest data furnished by the National Energy Administration (NEA), China’s solar energy capacity has touched 886.67 GW. China’s solar capacity  This is far ahead of other nearby countries in Asia […]

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JA Solar To Supply Africa’s Largest PV-Storage Project

JA Solar has signed a 1.25GW module procurement agreement with China Energy Engineering Corporation (CEEC). The agreement secures JA Solar as the exclusive supplier of high-efficiency n-type photovoltaic (PV) modules for the Abydos Phase II 1GW+600MWh PV-Storage Project, the largest of its kind in Africa, developed by AMEA Power and constructed by CEEC. The signing […]

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