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Karnal, Haryana : Aroma Solar, the renewable energy arm of agricultural exporter Aroma Agrotech Pvt. Ltd., has commenced operations at its 1.2 GW solar module manufacturing facility in Karnal. The plant represents North India's first fully automated, AI-driven production line built on TOPCon technology. The facility has begun production of TOPCon modules rated at 620 to 635 W with 23.51% efficiency. In an industry where manufacturing scale has often outpaced quality systems, Aroma Solar has des ...Read More >
New Delhi, Apr 9 (PTI) Premier Energies Ltd on Thursday said it has secured orders worth Rs 2,577 crore in fourth quarter of FY26 for the supply of 1,600 MW solar cells and modules. The execution of these orders is scheduled across FY 2027 and 2028, a company statement said. According to the statement, the contracts have come from a mix of leading domestic Independent Power Producers (IPPs), module manufacturers and EPC contractors in India, reflecting continued confidence in the company's exe ...Read More >
New Delhi, Apr 3 (PTI) INOX Air Products on Friday said it has commissioned its first ultra-high purity (UHP) liquid oxygen facility in Hosur, Tamil Nadu, aiming to support India's semiconductor and solar manufacturing sectors. The plant produces 6N grade (99.9999 per cent purity) liquid oxygen with a capacity of 17 tonnes per day (500 cubic meters per hour), catering to the stringent requirements of electronics and photovoltaic industries, the company said. INOX Air Products said the facility ...Read More >
Mumbai : Saatvik Green Energy Limited's subsidiary, Saatvik Solar Industries Private Limited, today announced that it has received and accepted an order aggregating to Rs 638.26 crores for the supply of advanced Solar Cell G12 R Type modules from a reputed solar modules manufacturer. The order is scheduled to be executed by March 2027. The supply will leverage advanced G12R TOPCon (DCR) technology, known for its high efficiency and performance in large-scale solar applications. With a cumulativ ...Read More >
The new policy provides for time-bound expedited clearance -- within 60 days -- of investments in specific sectors, manufacturing of capital goods, electronic components, and polysilicon and ingot-wafers. "CoS [committee of secretaries] under the Cabinet Secretary may also revise the list of specified sectors," the statement added. "... the majority shareholding and control of the investee entity will be with resident Indian citizen(s) and/or resident Indian entity(ies) owned and controlled by ...Read More >
New Delhi, Feb 16 (PTI) ReNew Energy Global Plc (ReNew) on Monday said the company's net loss has narrowed down to Rs 19.8 crore in the December 2025 quarter, supported by an increasing trend in revenues. It registered a net loss of Rs 38.79 crore in the October-December period of the preceding 2024-25 financial year, the company said in a statement. The company's total income rose to Rs 3,137.2 crore in the third quarter, from Rs 2,119.8 crore recorded in the same quarter of FY25. The revenu ...Read More >
Under this partnership, Google will procure the project's energy attributes, such as carbon credits from ReNew, a company statement said. This long-term procurement is essential for the bankability of the project, and will also help Google make progress towards addressing its value chain emissions. Decarbonisation solutions company ReNew Energy Global Plc on Tuesday said it has partnered with technology giant Google for the development of a 150-megawatt (MW) solar project in Rajasthan. Under t ...Read More >
New Delhi, Dec 16 (PTI) Waaree Energies on Tuesday said its high-efficiency solar PV cells have been approved under the Ministry of New & Renewable Energy's Approved List of Models and Manufacturers (ALMM) List-II for solar PV cells. As per the third revision of the ALMM List-II, notified by the ministry on December 15, 2025, Waaree's advanced solar cell manufacturing facility located at Degam, Chikhli, Navsari district of Gujarat has been included with a total approved capacity of 5.25 GW per ...Read More >
New Delhi, Dec 16 (SocialNews.XYZ) India's green hydrogen production capacity is likely to reach 5 million metric tonnes per annum by 2030, the Parliament was informed on Tuesday. The National Green Hydrogen Mission (NGHM) aims to make India a global hub for production, usage and export of green hydrogen and its derivatives, Minister of State for New and Renewable Energy, Shripad Yesso Naik, told the Rajya Sabha in a written reply. The minister also listed the incentives and manufacturing init ...Read More >
ReNew Energy Global Plc on Friday said it has secured $331 million (about ₹2,935 crore) in debt from the Asian Development Bank (ADB) to support a clean energy project in Andhra Pradesh. The funding is part of a $477 million financial package for the Andhra project, with the remaining $146 million to be arranged by ADB through other lenders. The project integrates 837 MWp of wind and solar capacity with a 415 megawatt-hour (MWh) battery energy storage system (BESS), ReNew said in a statement. ...Read More >
Premier Energies and Syrma SGS Technologies will be in focus on October 24 after announcing a joint acquisition of Pune-based solar inverter maker KSolare Energy for Rs 170 crore. Premier Energies will take a 51% stake and Syrma SGS 49%, with KSolare becoming a subsidiary of Premier Energies. The deal is expected to close within 90 days, subject to approvals. Shares of Premier Energies Limited and Syrma SGS Technologies Limited are expected to be in focus on Friday, October 24, after the two co ...Read More >
Brookfield-backed Avaada Electro has filed a DRHP with SEBI for a Rs 9,000-10,000 crore IPO. The solar manufacturing firm plans to expand high-efficiency TOPCon module and cell capacity across Uttar Pradesh and Maharashtra, positioning India as a global leader in domestic solar manufacturing. Avaada Electro Private Ltd, the solar manufacturing subsidiary of the Brookfield-backed Avaada Group, has confidentially filed a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board o ...Read More >
India's trade ministry and NITI Aayog are considering easing certain tariff and non-tariff restrictions on Chinese imports to secure raw materials vital for industrial and export growth. Measures under discussion include letting anti-dumping duties lapse on some products and cutting tariffs on raw materials for sectors like leather and engineering goods where domestic supply is limited. India's trade ministry and a government think-tank are pushing to ease certain tariff and non-tariff curbs on ...Read More >
Saatvik Green Energy shares: Saatvik Solar Industries, a subsidiary of the company, secured new solar PV module supply orders worth ₹638.85 crore from three independent power producers and EPC firms, to be completed by June 2026. This marks its second major win in a week, following two earlier orders totaling ₹707 crore announced on October 7 -- ₹488 crore from a leading Indian power producer and ₹219 crore from another client, both to be executed by FY26. Saatvik Green Energy shares wil ...Read More >
VMPL Gurugram (Haryana) [India], October 17: Saatvik Green Energy Limited is proud to announce that Mr. Neelesh Garg, Chairman and Managing Director, has been recognized among India's most influential young business leaders, earning two of the nation's most prestigious honours this year - The Economic Times 40 Under Forty Award and a place in the Avendus Wealth-Hurun India U35 List 2025. Further cementing his position among India's next-generation leaders, The Economic Times 40 Under Forty hon ...Read More >
India added 20.1 GW of renewable energy (RE) capacity in the first five months of FY2026 (April-August 2025), marking a robust 123% growth compared to 9 GW during the same period last year, according to a recent report by ICRA. This includes 17.5 GW of solar and 2.6 GW of wind capacity additions. ICRA highlighted that this record growth -- driven by a strong project pipeline and favorable market conditions -- positions the sector to exceed 35 GW of new capacity in FY2026. The growth momentum f ...Read More >
Amid increasing global usage of renewable electricity, a notable surge in the demand for high-tech photovoltaic (PV) solar modules has been witnessed lately, backed by rapid advancements in solar cell efficiency, lowering production costs, along with technological innovations like perovskite tandem cells. To reap the benefits of this demand trend, America's largest solar module manufacturer, First Solar Inc. FSLR brought forth its CuRe program, which is focused on improving its current semicondu ...Read More >
New Delhi, Sep 29 (PTI) Homegrown Premier Energies on Monday announced securing multiple solar contract worth USD 19.95 million (around Rs 177 crore) Republic of Benin, West Africa. These projects are part of a national initiative by the Government of Benin to expand access to reliable, sustainable clean energy, Premier Energies said in a statement. Implementation will be carried out by Premier Energies in collaboration with the General Directorate of Energy Planning and Rural Electrification, ...Read More >
(Bloomberg) -- The US is investigating whether Waaree Energies Ltd., India's largest solar panel maker, evaded anti-dumping and countervailing duties on solar cells from China and other Southeast Asian nations. US Customs and Border Protection has started a formal investigation of Waaree and Waaree Solar Americas Inc. and imposed interim measures because there is reasonable suspicion the company evaded duties when bringing merchandise into the US, according to a public notice by the agency obta ...Read More >
(Reuters) -The U.S. Customs and Border Protection is probing whether Indian solar panel maker Waaree Energies and its American arm evaded anti-dumping and countervailing duties on solar cells from China and other Southeast Asian nations, Bloomberg News reported on Thursday. The agency had imposed interim measures on Waaree based on reasonable suspicion that it evaded duties when importing goods into the U.S., the report said, citing a notice. Reuters could not immediately verify the report. Wa ...Read More >
Lucknow: Union minister of science and technology Jitendra Singh, addressing the CSIR Startup Conclave in Lucknow, said the city holds immense potential to emerge as a major startup hub on the lines of Hyderabad and other southern cities. Singh praised CM Yogi Adityanath for his consistent support to the scientific community, noting that "scientists in UP always receive the CM's guidance and blessings." He recalled that it was from Lucknow that mint tablets reached global markets and credited th ...Read More >
New Delhi [India], September 8 (ANI): Solar module manufacturer, Gautam Solar Private Limited (GSPL), has announced an investment of Rs. 4,000 crore for establishing a new state-of-the-art solar cell manufacturing facility in Madhya Pradesh. As per a press release, the project will be developed on 54 acres of land in Gwalior, where the company will focus on producing advanced TOPCon solar cells with a total planned capacity of 5 GW. "Implementation of the project has commenced with Phase 1, wh ...Read More >
New Delhi, Aug 21 (PTI) Solar module maker Vikram Solar's initial public offer garnered 54.63 times subscription on the last day of bidding on Thursday. The IPO received bids for 2,47,81,57,740 shares against 4,53,61,650 shares on offer, as per NSE data. The portion for Qualified Institutional Buyers (QIBs) fetched a huge 142.79 times subscription. Non Institutional Investors' part received 50.90 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 7.65 time ...Read More >
The Indian government plans to involve private companies in producing affordable Silicon-Perovskite Tandem Solar Cells, developed at IIT Bombay. Union Minister for New and Renewable Energy, Pralhad Joshi, announced this initiative. He emphasised the potential of these cells to revolutionise India's solar energy landscape during his visit to IIT Bombay's National Centre for Photovoltaic Research and Education (NCPRE). Joshi highlighted that this development marks a significant achievement in Ind ...Read More >
New Delhi: The Sarai Kale Khan Namo Bharat station, which will be the converging point for three Regional Rapid Transit System (RRTS) corridors, is ready for operations. Trial runs have been concluded with the state govt to take a final decision on when it can open for public use."The final touches are being given to the station," said an official of the National Capital Region Transport Corporation (NCRTC), which is executing the Delhi-Ghaziabad-Meerut RRTS corridor. Sarai Kale Khan is set to b ...Read More >
Mumbai: The high-efficiency, low-cost Silicon-Perovskite Tandem solar cells developed at IIT-Bombay is a game-changer for the country's solar energy future, said union minister Pralhad Joshi during his visit to the institute on Monday. While the ministry for new and renewable energy (MNRE) has so far provided Rs 200 crore to IIT-Bombay's National Centre for Photovoltaic Research and Education (NCPRE) for research and development in solar cells, power electronics and batteries, among other things ...Read More >
Telangana BJP president N. Ramchander Rao has slammed a ₹25 crore defamation notice on Deputy Chief Minister Mallu Bhatti Vikramarka and sought an unconditional public apology for his 'illegal' and 'unlawful' acts of making false imputations against him with regard to the suicide of University of Hyderabad (UoH) research scholar Rohith Vemula causing him 'serious agony' and 'Irreversible' damage. Mr. Vikramarka has been given three days to apologise or criminal action will be taken claiming dam ...Read More >
New Delhi [India], July 15 (ANI): Union Minister Pralhad Joshi on Tuesday said that the Ministry of New and Renewable Energy (MNRE) is committed to advancing cutting-edge renewable energy technologies under the vision of Aatmanirbhar Bharat, ensuring India leads in clean energy innovation. In this respect, the MNRE's support for premier institutions like NCPRE and IIT Bombay strengthens domestic R&D, reduces reliance on imported technology, and fosters indigenous manufacturing, he said, accordi ...Read More >
Mumbai, 15 July 2025: The inaugural edition of the IVCA Renewable Energy Summit featured a power-packed address by Shri Pralhad Joshi, Union Minister, New and Renewable Energy, Government of India. Speaking to a global and domestic audience of investors, regulators, cleantech developers, and fund managers, the Minister drew attention to the Government of India's forward-looking policies on renewable energy and how the country is leading the global energy transition. "This is not just an energy ...Read More >
July 14 (Reuters) - Indian renewable energy firm SAEL Industries Ltd will invest 82 billion rupees ($954.04 million) to build a 5-gigawatt (GW)-per-year integrated solar cell and module manufacturing facility in the northern state of Uttar Pradesh, the company said on Monday. Through one of the largest investments seen so far in the solar manufacturing space in India, the plant in Greater Noida will boost SAEL's total module manufacturing capacity to 8.5 GW. Construction is expected to begin t ...Read More >
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