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Solar market in a bright spot

As India looks to become a net-zero economy by 2070, the country’s renewable sector can have an economic impact of over $ 1 trillion by 2030 and $15 trillion by 2070, as per CII-Mercom report. But, how much of this transition towards green energy will be powered through locally manufactured components and systems, says Rakesh Rao.Read more

Waaree Energies raises Rs 1000 crores from private funding

The proceeds will be used for expansion plans of the company to increase its manufacturing capabilities in India from 2GW to 9GW for solar PV modules, of which 5GW is operational and the balance 4GW is expected to be operational by January 2023.Read more

Govt approves additional Rs 19,500 cr for PLI scheme for solar PV modules

The Government expects the scheme to bring direct investment of around Rs 94,000 crore and help in import substitution of approximately Rs 1.37 trillion.Read more

Enphase Energy partners with Trinity for use of rooftop solar PV systems

Enphase Energy, a global energy technology company and the world's leading supplier of micro inverter-based solar and battery systems, has commissioned its first project, as part of Trinity Care Foundation’s (TCF) Integrated School Educational Infrastructure Development Program (ISEIDP), which forms part of Enphase India’s Corporate Social Responsibility (CSR) related activities in India.Read more

Centre gives nod to Rs 4500 cr PLI scheme for Solar PV modules

The scheme aims to create additional 10,000 MW capacity of integrated solar PV manufacturing plants. It is expected to drive direct investment of around Rs 17,200 crore in solar PV manufacturing.Read more

Govt extends PLI Scheme to 10 new sectors with incentives of Rs 1460 bn

10 sectors eligible for Production-Linked Incentive (PLI) Scheme are ACC batteries, electronics/technology products, automobiles & auto components, pharmaceutical drugs, telecom & networking products, textile products, food products, solar PV modules, ACs & LED, and speciality steelRead more

CSIR-CMERI and NISE MoU to enhance capacity building in solar industry

The MoU aims at enhancing and expending the capacity, capability, facility and infrastructure through resource mobilization and aligning the capacity building.Read more

SWTS leverages digital DNA to meet India’s energy production needs

Adani Mundra Solar PV contracted Suez Water Technologies & Solutions (SWTS) for its new solar PV manufacturing facility. Using a variety of Bentley applications, SWTS created and implemented a digital model for managing this projectRead more

Avishakti Solar installs 51 rooftop solar panels in Mumbai

Mumbai real estate developer Parag Shah, who owns four floors in Aaradhya Swastik in the central suburb of Mumbai, roped in Avishakti Rooftop Solar Pvt. Ltd to install 51 solar panels on his rooftop, that will cater to all of his flats, generating approximately 25,000 units of electricity annually.Read more

UL issues world’s first IEC CB certification for solar PV modules

UL, a leading global safety science company, has completed solar photovoltaic (PV) module testing and certification for its India-based customer Premier Solar as per the latest International Electrotechnical Commission (IEC) standards.Read more

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