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solar market

Solis Leads Globally In Residential Solar Inverters

Solis (Ginlong Technologies), a global leader in solar inverter technology, has announced that it has received the #1 ranking position in global residential inverter shipments, as reported in the latest Wood Mackenzie inverter market share report for 2023. This represents a significant rise from Solis’ previous standing as the world’s third-largest PV inverter manufacturer across […]

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SWREL Announces EPC Win Of 400 MW ac Solar Plant In Rajasthan

Domestic Renewable EPC major Sterling and Wilson Renewable Energy Limited (SWREL) has announced that it has received a major new order for the Engineering, Design, Testing & Commissioning of a 400 MW AC / 633 MW DC PV plant. Besides this, the scope of work also includes Supply & Works for a 33/220 kV switchyard […]

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AXITEC Unveils New 300 MW Solar Module Plant In Tamil Nadu

Solar module manufacturing company AXITEC has now announced the opening of its latest solar module manufacturing plant at Tiruvallur in Tamil Nadu. The new production facility has a total capacity of 300 MW. The company has now planned to use this facility to make DCR modules with TOPCon technology and besides other conventional modules. “This […]

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Global Solar Inverter Shipments Grew By 56%: Wood Mackenzie

Solar inverter shipments surged by 56%, reaching 536 Gigawatts (GW) of alternating current (GWac) in 2023, reflecting robust growth in the solar industry, a latest report from Wood Mackenzie said.  According to Wood Mackenzie’s “Global Solar Inverter and Module-Level Power Electronics Market Share 2024” report, the top 10 global PV inverter vendors captured 81% of […]

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10 Rules To Remember For Peer-To-Peer Solar Trading In Karnataka

Months after releasing the draft regulations to regulate the peer-to-peer solar energy transactions in Karnataka, the Karnataka Electricity Regulatory Commission (KERC) has approved the final regulation. The new KERC (Implementation of Peer-to-Peer Solar Energy Transaction) Regulations, 2024 is now all set to come into force with its notification in the official gazette.  The new regulations […]

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Manager Procurement- Civil (Solar)

Aim at in time and qualitative sourcing of vendors for various packages. Follow the laid process of pre bid for sending tender enquiry. Carrying out negotiation with bidders to best estimated prices by market intelligence and first principle rules to match the project budget as given by the management. Proper contract management of supplies and […]

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The Top 5 Advancements in Technology Propelling the Solar Revolution

The solar industry is shining brighter than ever in 2024, thanks to advancements in solar technology in recent times. The past year has seen an incredible surge in solar power installations, taking the world’s total installed capacity to an impressive 1.6 TWdc. China is responsible for about 60 percent of these new installations, leading the […]

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Green Stocks August 5: Market Crash Singes Green Energy Stocks Too

On a day when global markets were roiled by multiple issues ranging from the escalation of Middle East hostilities to the US-Japan carry trade, India’s markets too bent to the global winds. As the nifty dropped over 2.5%, green energy stocks, the market’s favorites during the sharp rise seen this year, suffered, with developers, EPC’s, […]

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Amara Raja Reports Solid Q1 Results, Commissions 90 MW Solar For NTPC

Hyderabad based Amara Raja Energy & Mobility Limited (ARE&M), (formerly known as Amara Raja Batteries Limited), has reported profit before tax of ₹ 328.66 Cr for Q1 of FY25 registering a growth rate of 23% over Q1 of FY24. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended     Jun 30, 2024 Jun 30, 2023 Revenue […]

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