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PLI scheme: Need for a course correction
The Government of India is reportedly planning to ease some norms for five sectors (textiles, pharmaceuticals, drones, solar and food processing) to help them better utlise the fund under its Production-linked Incentive (PLI) scheme.Read more
Sterling and Wilson Renewable surges 5% on $2.2 bn Nigerian order win
The joint venture, Sun Africa LLC, will be responsible for developing 961 MWp of Solar PV generation infrastructure and 455 MWh of battery energy for Nigeria.Read more
India's solar manufacturing capacity set to surge, aiming for 100 GW by 2025
According to a report by rating agency ICRA, India's solar photovoltaic (PV) module manufacturing capacity is anticipated to surge to over 60 GW by 2025, up from the current 37 GW.Read more
Waaree Energies partners with NTPC to supply 135 MW Solar PV Modules
The modules supplied by Waaree Energies Ltd will be utilized by NTPC Ltd for a solar power project in Anta, in the Baran district of Rajasthan.Read more
Engie India taps Waaree Energies for 200 MW Solar Module Supply in Gujarat Project
Under the 25-year solar power purchase agreement (PPA) with Gujarat Urja Vikas Nigam (GUVNL), ENGIE India is developing the Sayla village project (designated as GUVNL 2).Read more
India launches Solar Star rating program to boost energy efficiency
Developed by the Bureau of Energy Efficiency (BEE), this initiative will be effective from January 1, 2024, to December 31, 2025.Read more
India's RE sector poised for $250 bn Investment Surge: EY-CII Report
The report, titled ‘Global champions for advancing renewable energy innovation and manufacturing,’ emphasises India's trajectory toward becoming a dominant force in global renewable energy manufacturing.Read more
Shakti Pumps hits record high with Rs 1,603 cr orders from MSEDCL
According to the company's filing with the exchange, the total order value amounts to approximately Rs 1,603 crore, inclusive of GST, and is slated to be completed over the course of 24 months.Read more
TNPL unveils Rs 607 cr green initiatives and expansion plans
TNPL also plans to implement a 2 MW floating solar project at an estimated cost of Rs 12 crore this fiscal year.Read more
India's leading solar manufacturers call for trade barriers amidst import influx
India's largest manufacturer of solar modules is urging the government to reintroduce trade barriers to shield it from competition from countries like China and Vietnam.Read more