Uma Gupta
Waaree Energies Board of Directors approves acquisition of Kamath Transformers, Green New Delhi Forever Energy
Waaree Energies’ Board of Directors has approved the acquisition of Kamath Transformers by the company. The Board also approved the acquisition of Green New Delhi Forever Energy by Waaree Forever Energies, a wholly owned subsidiary of Waaree Energies.
Advait Energy Transitions receives corporate affairs ministry’s approval to set up hydrogen equipment arm
Advaiteco Technologies will focus on the manufacturing, assembly, integrated supply, and trading of hydrogen technology equipment and products to support green ammonia, green hydrogen, and green methanol projects.
Waaree Renewable sets up subsidiary for power generation from non-conventional energy sources
Waaree Renewable Technologies has established a wholly owned subsidiary named Sunsational Power for power generation from non-conventional energy sources.
India installed 7 GW solar in Q1 2025, says Mercom
India installed 5.5 GW of large-scale solar and 1.2 GW of rooftop solar in the January–March quarter of 2025. Large-scale solar installations were down over 36% year-on-year.
From TOPCon dominance to the rise of back-contact solar modules
Having invested heavily in TOPCon, solar manufacturers in India are beginning to explore hybrid solutions such as BC-TOPCon as a bridge between TOPCon and back-contact (BC) technologies. These hybrid models could ease the transition to BC by enabling manufacturers to leverage existing infrastructure while incorporating more efficient designs.
RenewSys advances encapsulant expansion to 30 GW
RenewSys, a solar PV module and component manufacturer, is adding eight new encapsulant manufacturing lines, bringing its total to 19 lines with a cumulative production capacity of 30 GW.
ACME Solar Q4 profit drops 77% to INR 122 crore despite strong revenue growth
Acme Solar has reported a net profit of INR 122 crore for the fourth quarter ended March 31, 2025, down 77% year-on-year from INR 532 crore in Q4 FY 2024. The total income for the quarter, however, rose 69.5% YoY to INR 539.25 crore.
Premier Energies, Sino-American Silicon enter JV for solar wafer manufacturing
Premier Energies Ltd has signed a 74:26 joint venture agreement with Taiwan-based Sino-American Silicon Products Inc. (SAS). The JV will establish a 2 GW per annum solar wafer manufacturing plant in India.
Reliance Power secures long-term PPA with Bhutan’s GDL for 500 MW solar project
Reliance Power, in partnership with Druk Holding and Investments Ltd (DHI), will develop the 500 MW solar power project in Bhutan with a capital outlay of up to INR 2,000 crore.
Premier Energies, Nuevosol enter JV to manufacture aluminium frames for solar modules
Premier Energies Ltd has entered into a joint venture with Hyderabad-based Nuevosol Energy. The JV will set up a 36,000 MT/year aluminium extrusion and anodizing facility in Seetharampuram, Telangana.
