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solar market

New Entrant-Army Solar Aims 3 GW Of Module Production Capacity

Army Solar, a new entrant in India’s solar module manufacturing sector, is set to carve out its own niche in the growing industry. Previously focused on the textile business, the company has now turned its attention to the booming solar market, aiming to establish itself as a key player in module production. Praful Radadiya, Co-Founder […]

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Knack Energy To Boost Solar Module Manufacturing Capacity

Gujarat-based solar company Knack Energy is setting its sights on expanding its footprint in India’s solar module manufacturing sector. Having initially specialized in producing EVA (Ethylene Vinyl Acetate), backsheet, and other key solar components, the company recently entered the solar module manufacturing space and is now gearing up for significant capacity expansion. Ravi Patel, Director […]

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Solar Production Equipment In Focus For Solar Power Europe

SolarPower Europe, the leading European solar body, has released a new report that calls upon Europe to seek deeper backward integration for solar manufacturing. The report highlights that at least 38 companies are active in Europe manufacturing the equipment and machinery that produces vital steps of the solar PV module supply chain, including cells, ingots, […]

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Green Stocks March 6: Stocks Make The Most of Market Recovery

As the markets continued their second day of strong recovery, green stocks made the most of it as you can see. Even stocks that did not really jump today, like Adani Green, are coming off a great day yesterday when they rose as much as 10%. The standout exception of course is Gensol Engineering, which […]

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Lead Sourcing, Strategy, Costing & Contract Management (Solar & eBoP)

KEY ACCOUNTABILITIES:- KRA:- Costing & Price Benchmarking (Solar & e-BoP):- Provide component wise (Solar Module, inverter, mounting structure, cables, transformers, trackers, BOS etc. ) costing & updated industry benchmarks to bidding and BD teams to ensure optimal IRRs while bidding Develop bottom-up cost models for key solar components: Modules, inverters, mounting structures, cables, transformers, trackers, […]

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Vikram Solar To Manufacture Solid-State Cell Batteries

Indian solar module manufacturer Vikram Solar has now planned to set up a 1GWh fully integrated Solid-state Cell and Battery manufacturing facility with proprietary Battery Management System (BMS) technology. This facility, initially designed to scale up to 5 GWh, is expected to cater to the growing energy demands of a rapidly evolving global market. “This […]

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SMA Solar Rocked By Losses In 2024

German solar inverter maker SMA Solar managed to meet 2024 sales projections, but at a high cost that saw it slip into losses for the Fy2024. Both sales and income in 2024 fell over 2023 as a result of what the company termed weakening demand in Europe besides inventory losses. That meant that on sales […]

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Green Stocks March 5: Market Breaks Streak, Sees Recovery

Today, the Indian green stocks made a recovery from losses made over the past weeks. Waaree Renewable Technologies made the most gain in the green stock pact, with 11.2% gain, followed by Adani Green which gained 10.59%. This is followed by Shakti Pumps and Acme Solar, which saw a 5% rise in their stock prices. […]

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Solarium Appoints Himanshu Garg As Its New Chief Financial Officer

Gujarat-based solar energy solutions provider, Solarium specializing in residential and industrial solar system installations has appointed CA Himanshu Garg as its new Chief Financial Officer (CFO). In his previous role as Vice President at DeHaat, a leading Agritech platform, Himanshu successfully led Corporate Development, overseeing key areas including Investor Relations, M&A, Business Finance, and FP&A. […]

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