The Ministry of New and Renewable Energy (MNRE) has announced the basic customs duty (BCD) on imported solar cells and modules starting April 1, 2022. The BCD on solar modulesContinue Reading
Goldman Sachs-promoted ReNew Power raised $325 million via offshore bond sale. The dollar bond offer was subscribed 6x with the total offer book at $2 billion. Lot of investors came in fromContinue Reading
Solex Energy Limited had announced the expansion of its solar module manufacturing facility to 1.5GW. The pandemic and the resulting call for being ‘Atmanirbhar’ has propelled the plans for settingContinue Reading
Even today, over 80% of solar modules used in Indian solar plants, whether rooftop or utility, come from neighboring countries, mainly China. There’s an urgent need to break this cycleContinue Reading
Waaree Energies reported that it has landed an order to supply 300 megawatts of solar modules from an undisclosed American solar company which is worth $105 Million. These modules willContinue Reading
The safeguard duty India imposed on solar cells and modules coming from China and Malaysia, which enjoyed 85-90% market share in the country, is just a few months away fromContinue Reading
Domestic solar PV module manufacturer Waaree Energies on Tuesday said it has increased its module manufacturing capacity by 500 megawatt to 2,000 MW. With the manufacturing facility based in Gujarat, the companyContinue Reading
