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Jindal Stainless & AB Energia Build Odisha’s Captive Industrial Solar Plant

Jindal Stainless and AB Energia Solutions Pvt. Ltd., today announced the successful installation and commissioning of a pioneering solar energy project at Jindal Stainless’ manufacturing unit in Jajpur, Odisha. This ground-breaking initiative boasts a cumulative capacity of over 30 MWp, making it the largest captive solar energy plant within a single industrial campus in Odisha. […]

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May 20 Could Open A Bigger Door For Indian Solar Exporters To US

On May 20, the International Trade Commission of the US (ITC) will give its final determination of tariffs to be applied on solar imports from South East Asia. The ITC has already made an in-principle  determination that imports from these markets are harming US producers. These enhanced tariffs will target Vietnam, Cambodia, Malaysia and Thailand, […]

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PM-KUSUM: Crompton Secures ₹10.6 Cr Solar Pump Order

Crompton Greaves Consumer Electricals has secured a Letter of Award (LOA) from the Maharashtra Energy Development Agency (MEDA) for a project valued at over ₹10.60 crore. While Crompton is already operational in Haryana, Rajasthan, and Maharashtra, it is now gearing up to kick off work in Madhya Pradesh and is further prepared to expand across […]

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IndoSolar Turnaround Continues With Rs 40 cr Profit In Q4, Fy25

Waaree Energies owned Indosolar Limited continues to deliver a strong turnaround with a strong set of results for Q4 2025. For Q4 2025 ending March, the Greater Noida based company reported sales of Rs 192.00 crore versus Rs 103 crore in the December quarter.  Net profit was reported to be Rs 40.04 crore in the […]

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Update: Rayzon Solar’s Pre IPO Round Attracts $16.2 Million

An earlier version of this story mentioned Sachin Tendulkar as an investor in Rayzon Solar’s maiden funding round, based on details from the company’s regulatory filing (MGT-14).  However, the latest filing (PAS-3) does not show any share allotment to Tendulkar. Accordingly, we have updated the story and removed his name. Solar panel manufacturer Rayzon Solar […]

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We Aim To Make Solar Biz Simple & Effective: Nishant Sood

Tell us about your journey. How do you transition from a finance background to the solar industry? Nishant Sood: I’m a mechanical engineer by background—I graduated from IIT in the early 2000s, followed by an MBA in finance. It was a fairly typical path: IIT, then IIM, and straight into investment banking. I graduated from […]

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European RE PPA Market Adds 19 GW New Capacity In 2024

The European renewable energy Power Purchase Agreement (PPA) market saw a strong recovery in 2024, with nearly 19 gigawatts (GW) of new capacity contracted, according to Wood Mackenzie’s latest Europe Renewables PPA Tracker report.  The report highlights a surge in PPA activity, with Spain and Germany leading the market, accounting for 30% of total capacity. […]

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Oxford PV Licenses Perovskite Patent to TrinaSolar

In a significant boost to the future for Perovskite based PV technologies, Oxford PV, leading the commercialisation of perovskite-silicon tandem solar technology, and global solar major Trinasolar, have signed an exclusive patent licensing agreement for the manufacture and/or sale of perovskite-based photovoltaic (PV) products in China with an additional right to sublicense. With the Chinese […]

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2024: Global Solar Capacity Tops 2.2 TW, With Over 600 GW New Additions

Global cumulative solar photovoltaic (PV) capacity rose to more than 2.2 terawatts (TW) by the end of 2024, up from 1.6 TW in 2023, with over 600 GW of new systems commissioned, the International Energy Agency’s Photovoltaic Power Systems Programme (IEA PVPS) said in its latest report. “Module prices continued to drop through 2024 in […]

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