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Danfoss stays the course in H1 2024; India remains the fastest-growing region

After three years of significant growth, the first half of 2024 has proven to be challenging for Danfoss due to lower demand in select key markets. Strong double-digit growth in H1 in India supported the Danfoss Group’s ambitious plans to double sales in the country by 2025.Read more

Waaree Energies appoints Aniruddha Khekale as Chief Human Resources Officer

In his new role, Aniruddha Khekale will lead company’s human resources strategies, digital transformation, talent management programs, and employee engagement initiatives. Read more

India to surpass China in new energy sector

Projections from NITI Aayog suggest that by 2030, India's green ammonia production costs could be approximately 29% lower than China’s and 43% lower than Australia’s. Read more

Foxconn to establish energy storage unit in India

The company is also keen to bring its ‘3+3 strategy’ to the country.Read more

Waaree Energies secures 90 MW solar module contract for Juniper Bikaner project

The deployment of Waaree's bifacial solar modules will boost Bikaner's renewable energy capacity, contributing to reduction in carbon emissions and promoting environmental sustainability.Read more

Scientists create solar cell coating that can turn objects into solar panels

Unlike traditional silicon-based solar panels, this innovative material can be applied to everyday items like backpacks, cars, and buildings. Read more

GOI tightens disclosure norms for domestic solar manufacturers

This directive, issued via a notification on August 7, requires companies to self-certify as producers of indigenous solar components.Read more

Axitec unveils 300 MW solar module manufacturing plant in Tiruvallur, Tamil Nadu

This expansion is part of Axitec’s ongoing efforts to meet growing market demands and enhance its ability to deliver high-quality solar solutions swiftly. Read more

IIT-Madras Research Park unveils 1MW indigenous battery storage system

This marks the first stationary storage system installed in a building in India.Read more

Reliance Industries to launch its first solar giga-factory in FY25

The factory will be a comprehensive facility producing photovoltaic (PV) modules, cells, wafers, ingots, polysilicon, and glass all at one site.Read more

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