Uma Gupta
Borosil Renewables profit drops 47% as margins contract
The Indian solar glass manufacturer recorded a net profit (profit after tax) of INR 88.54 crore in FY 2023, a decrease of 47% over FY 2022.
Gautam Solar to add 500 MW of TOPCon panel production capacity
The Indian manufacturer is expanding its solar module production capacity to 1 GW by adding a 500 MW TOPCon line from Jinchen. The new line will start production by September.
India added 1.9 GW of solar capacity in Q1 2023, says Mercom
The solar capacity addition in the Jan.-March period was 30% less than 2.7 GW installed in the previous quarter.
Adani Solar modules rated top performer for sixth consecutive year
Adani Solar has been rated as a Top Performer in PV Evolution Labs’ PV Module Reliability Scorecard 2023, becoming the only Indian PV manufacturer to secure this title for six consecutive years.
Agrivoltaics in India: Challenges and opportunities for scale-up
A new study assesses agrivoltaics development in India and identifies the challenges and opportunities for commercializing these projects.
Delhi’s Hauz Khas to host solar-powered EV carport soon
Servotech Power Systems Ltd will execute the solar-powered EV carport project from the design stage to fabrication and implementation.
Telecom operators applaud move to allow load aggregation for green energy access
The latest amendment to the Electricity Rules, 2023 (Promoting Renewable Energy Through Green Energy Open Access) allows the telecom sector to aggregate the electricity consumption of telecom sites in order to avail renewable energy under the open access route.
$30.3 billion market potential for solar pumps, dryers in India
A new report states solar-powered pumps (higher capacity and micro-pumps) offer a $28 billion market potential in India, the maximum among all mature decentralized renewable energy (DRE) livelihood applications. Solar dryers have the second-largest deployment potential at $2.3 billion.
NTPC confirms over 20 GW of renewables portfolio
NTPC, India’s largest power producer, has 3.3 GW of renewable energy capacity already commissioned, 4.6 GW under construction, and a balance of 12.6 GW under planning and implementation.
Insolation Energy reports growth in revenue and profits in FY 2023
The Rajasthan-based solar panel manufacturer’s consolidated revenue grew 30% year-on-year to INR 280.05 crore (around $33.8 million) in FY 2022-23. Net profit surged 54% to INR 10.68 crore.
