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Solex Wins 310 MW Solar Order From KPI Green

Surat-based Solex Energy has secured a Rs. 451 Cr (Rs 4,510.92 million) order from KPI Green Energy to manufacture and supply 310 MW of N-Type TOPCon 615Wp glass-to-glass (G12R) solar PV modules, the company said in a stock exchange filing. The project is expected to be completed within six months from September 2025, as per […]

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ReNew Bags $100 Mn BII Funding For Solar Manufacturing in India

Sumant Sinha led ReNew Energy Global Plc has secured an INR 8700 million (US$100 million) investment from British International Investment (“BII”), the UK’s development finance institution and impact investor, to accelerate the growth of its solar manufacturing business in India. The investment will be made in ReNew Photovoltaics Private Limited, ReNew’s dedicated solar manufacturing subsidiary […]

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PM-KUSUM Comp B: Australian Premium Solar Bags Rs 107.7 Cr Order From TREDA

Australian Premium Solar has received its first Letter of Award (LoA) from the Tripura Renewable Energy Development Agency (TREDA) under the Department of Power, after winning a government tender. The company said in a regulatory filing that it secured an order for the supply of 633 off-grid solar photovoltaic water pumping systems (SPWPS) in Tripura. […]

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Kosol Energie Launches N-TOPCon Solar Module With 24% Efficiency

India’s Kosol Energie has launched its new TOPCon Sun Plus Series solar modules, featuring a 620 Wp panel that retains the compact dimensions of a standard 550 Wp panel (2278 x 1134 x 35 mm). The company said the module offers a conversion efficiency of 24%, positioning it among the highest-performing products in the market. […]

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Waaree Energies Results- Q4 Revenues Up 38%, FY25 Profits Up 107%

India’s largest module , and now cell maker Waaree Energies Ltd has reported its Q4 FY25 results. The firm reported its best quarterly numbers yet, with revenues growing 38% YoY to a lifetime high of Rs. 4,141 Cr for the quarter. EBITDA grew faster on the back of improving margins, rising 116% YoY. Finally, profit […]

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UP Plans 500 MW Of New Rooftop Solar Projects Under RESCO, Issues Tender

The Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) has issued a tender for 500 MW of solar projects to be implemented under the Renewable Energy Service Company (RESCO) model. The state nodal agency plans to install grid-connected rooftop solar systems on government and semi-government buildings across various regions of the state. The projects […]

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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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India’s Rooftop Solar Poised To Hit 25-30 GW By FY27: CareEdge

India’s rooftop solar energy capacity is projected to surge, rising from 17 GW to an estimated 25–30 GW between FY25 and FY27, according to CareEdge Research.  With a total renewable capacity of 220 GW as of FY25 and a national target of 300 GW solar capacity by 2030. Rooftop solar, particularly in the Commercial & […]

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Nagaland Govt Allocates Rs. 10 crore For Solar Mission

Nagaland Chief Minister Neiphiu Rio has now launched the Nagaland Solar Mission, a state-level initiative aimed at accelerating the adoption of residential rooftop solar power systems. The programme is aligned with the central government’s PM Surya Ghar Muft Bijli Yojana and seeks to make clean energy more accessible and affordable for households across the state. […]

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