Tags: solar market

Vikram Solar recognized as ‘Top Performer’ in the PVEL PV Reliability Scorecard

Vikram Solar, one of India’s leading module manufacturers and comprehensive EPC solar solutions provider claimed the position of the ‘Top Performer’ in the PV Evolution Labs (PVEL) PV Module Reliability Scorecard 2022. Vikram Solar’s bifacial multi-busbar (MBB) module- Prexos with up to 500 watt (W) half-cut cell emerged as top-performing in the international quality and […]

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LG quits solar panel business, US funding for panel manufacturing in India, TSREDCO tender and more

Telangana floats tender to develop 50MW Rooftop Solar Projects. The Telangana State Renewable Energy Development Corporation (TSREDCO) is inviting bids to develop 50 MW of grid-connected residential rooftop solar projects. Last date for the submission of the bid February 28, 2022. Trains of Indian Railways to get direct Traction Power from solar energy. The West […]

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Brazil sees solar boom ahead of cut in subsidies for new projects

Power utilities and developers are rushing to register solar projects in Brazil, one of the most promising markets for renewables, as it prepares to cut subsidies for new solar installations and wind farms, according to a report by consultancy ePowerBay. Spain’s Iberdrola, France’s Voltalia, EDF, Italy’s Enel and Portugal’s EDP Renewables are among the main […]

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Waaree Energies has been assigned SP1A ranking by ICRA

Homegrown solar firm Waaree Energies has announced that it has been assigned solar power ‘SP1A ranking’ by rating agency ICRA. In SP1A, 1 denotes highest level of technology and A indicates the robust financial health of the company, it said in a statement. “Icra accredits Waaree Energies with SP1A ranking indicating strong performance capability and […]

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Gautam Mohanka, Managing Director, Gautam Solar

Gautam Solar, one of the leading Solar Manufacturer providing a wide range of domestic and industrial solar products & solutions all over the country. The company innovates and develops solar products that are tailored to the needs of the Indian customer. The company’s  vision is to make India a World Leader in Solar off-grid. The organization […]

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TNERC rejects plea for extension of project deadline by two solar developers

The Tamil Nadu Electricity Regulatory Commission (TNERC) has reportedly rejected separate pleas by two solar energy developers for extension of commissioning date for their solar projects. Raasi Green Earth Energy Private Limited and VSR Solar Power Private Limited had sought extension of the commencing date by 15 months and 18 months respectively. According to the […]

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Budget 2021- Here is what it packs for Solar Industry

Union Finance Minister Nirmala Sitharaman on Monday tabled 2021-22 budget in the parliament in the backdrop of a falling economy crushed by the COVID-19 pandemic. Sitharaman in her Budget speech emphasised on the solar energy sector as part of the government’s larger focus on renewable energy. She said “The past 6 years have seen a […]

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Total acquires 20 percent stake in Adani Green Energy Limited.

Adani Promoter Group, India and TOTAL, France announced the acquisition of a 20% minority interest by TOTAL in AGEL via the acquisition of shares held by the Adani Promoter Group in Adani Green Energy Limited. The investment in AGEL is another step in the strategic alliance between Adani Group and TOTAL, across various businesses and […]

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Total Corporate Funding in Solar Sector Increased 24 percent in 2020: Mercom Capital

Total corporate funding into the solar sector globally, including venture capital and private equity (VC), debt financing, and public market financing, came to $14.5 billion, a 24% increase compared to the $11.7 billion in 2019 says Mercom Capital in its annual report. “Following a tough first half when corporate funding was down 25% year-over-year, recovery […]

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