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Waaree Energies Bags 600 MW Solar Module Order

Waaree Energies, the module manufacturing arm of the Waaree Group today announced bagging a 600 MW solar module order. The company in its filing before the exchanges informed its investors about the new order. The delivery of these modules is scheduled to begin in FY 2025-26, the firm said. This contract involves the supply of […]

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5 Challenges That Can Increase Solar Module Costs In India

The Indian solar module manufacturing sector, once heavily reliant on Chinese imports for solar modules and cells, is gradually moving toward self-reliance. However, this transition brings its own set of hurdles, which could lead to increased costs for solar panels and project development, potentially pushing solar tariffs higher in the coming years. 1. Reduced Export […]

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News In Brief Nov 25: Sungrow Partners with Zenith Energy, HG Infra Secures BESS Contract, Ecoprogetti Delivers Solar Panels To SAEL

Sungrow Partners with Zenith Energy to Power Australia’s Largest Off-Grid Hybrid Project  Sungrow, a PV inverter and energy storage system provider, recently developed Australia’s off-grid hybrid renewable energy system in the Kathleen Valley Operation. Developed in collaboration with Zenith Energy and Liontown Resources, this initiative sets a new precedent for integrating renewable energy solutions in […]

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ReNew Foresees A Dip In Solar Cell Capacity With ALCM

NASDAQ-listed solar module manufacturer ReNew expects a significant shortfall in cell capacity in India with the imposition of the proposed Approved List of Cell Manufacturers (ALCM). The company in its latest investors presentation anticipated a transition in the Indian solar cell market with the introduction of ALCM. The company said that the proposed decision of […]

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Sungrow Ink Supply Deal For 1.7 GWh ESS To Raystech, Solar Juice In Australia

Sungrow, the leading global PV inverter and energy storage system provider, signed a distribution agreements with Raystech Group and Solar Juice Group. Under these agreements, Raystech Group (1GWh) and Solar Juice Group (700MWh) collaborate to distribute 1.7 GWh of Sungrow’s C&I energy storage systems over the next three years.  Raystech Group can leverage its technical […]

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Policy Makers Continue To Trim Solar Export Incentives In China

China has chosen to include solar PV products in a move to reduce or even cancel an export tax rebate for its domestic firms. While the amount is relatively small, a reduction from 13 to 9 percent, it does send a strong signal that the government is done with incentives for the sector, which is […]

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Financial Result: Alpex Solar Reports 265 Crore Revenue In H1

Greater Noida-based solar module manufacturer Alpex Solar has reported a total revenue of Rs 265. 66 crore for the half-year (H1) in FY25 ended on September 2024. The company reported a total revenue of Rs 213.07 crore in the H1 of FY24. Thus on a Year-on-Year (YoY) basis, the firm witnessed a rise in its […]

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Jinko Solar To Solarise Manchester City Football Club With Tiger Neo

Earlier this year, in June 2024, Jinko announced a multi-year global partnership with Manchester City Football Club. Under this partnership, Jinko, a  global PV and energy storage systems supplier, is expected to provide over 10,500 advanced Tiger Neo PV modules to power Manchester City’s training ground – City Football Academy. This collaboration envisions enhancing Manchester […]

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Are Indian Solar Module Makers Ready for ALMM For Solar Cells?

The Ministry of New and Renewable Energy (MNRE) in October 2024 released a draft proposal to include domestic solar cell production under its Approved List of Models and Manufacturers (ALMM), inviting responses from industry stakeholders. Soon after the announcement, a number of Indian module makers have announced starting new solar cell lines.  However, this […]

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