India is rapidly transforming from a solar power importer to a significant global exporter. It’s PV module exports surged to US$2 billion in FY2024, a 23-fold increase in two years.Continue Reading
India’s ambitious goal of achieving 500 GW of renewable energy capacity by 2030 is at risk due to its heavy reliance on Chinese solar equipment. The Global Trade Research InitiativeContinue Reading
Vikram Solar, a leading Kolkata-based solar energy company, will soon have an initial public offering (IPO). They’ve filed their draft red herring prospectus (DRHP) with SEBI, aiming to raise ₹1,500Continue Reading
The winners of India’s PLI scheme have mostly included supply chain partners and service providers from China. Major players in the renewable energy industry, including Reliance New Energy Solar, TataContinue Reading
Tata Power, one of India’s leading integrated power firms, has signed an MoU with the Tamil Nadu government to spend around Rs 3,000 crore in the establishment of a greenfieldContinue Reading
Reliance Industries is building a gigawatt-scale solar power business and is looking for land to build 100 gigawatts of solar power capacity. The business plans to build this capacity byContinue Reading
Vikram Solar Ltd., a prominent manufacturer of solar power equipment in India, is considering manufacturing the glass used in its modules in order to ensure supply and minimize reliance onContinue Reading
Reliance New Energy Solar (RNESL) announced today that it has purchased a 100% stake in REC Solar Holdings AS (REC Group) from China National Bluestar (Group) Co Ltd. for $771Continue Reading
