ACME Solar Holdings reassigned A+/Positive credit rating by Crisil
Acme Solar Holdings Ltd has been reassigned ‘Crisil A+/Positive’ rating for its long-term bank loan facilities of INR 200 crore.
The Hydrogen Stream: Indian state of Assam plans 25 MW green hydrogen plant
SGEL Assam Renewable Energy Ltd, a joint venture between SJVN Green Energy Ltd and Assam Power Distribution Co. Ltd, intends to develop a 25 MW green hydrogen plant within the state of Assam.
Trina Solar sues Canadian Solar over patents in $147 million lawsuit
Trina Solar has filed a lawsuit against Canadian Solar and its subsidiary, seeking $147 million in damages for alleged infringement of tunnel oxide passivated contact (TOPCon) cell patents. The case, accepted by the Jiangsu High Court, underscores the rise of intellectual property disputes in China’s competitive solar sector.
India exported solar modules worth $782 million in April-Nov. period of 2024
India exported solar PV modules worth around $782 million in FY 2024-25 till Nov. 2024. The value of exports to USA stood at $756.08 million.
Waaree breaks ground on alkaline electrolyser factory
Waaree Group has started building its alkaline electrolyser manufacturing facility in Gujarat. The facility will initially commence operations with a production capacity of 300 MW.
Grew Solar to set up 3 GW ingot-module factory in Madhya Pradesh
Grew Solar’s facility in Madhya Pradesh will produce 3 GW of ingots, wafers, cells and modules per year.
Genus Power’s orderbook crosses INR 31,300 crore
As on Dec. 31, 2024, Genus Power Infrastructures’ total order book (including all special purpose vehicles and GIC platform) stands at about INR 31,302 Crore (net of taxes).
TCIL seeks EPC partner for 120 MW solar project in Bhutan
Telecommunications Consultants India Ltd has floated a Request for Proposal (RFP) for the selection of a consortium partner for design, supply, installation, testing and commissioning of 120 MWp Jamjee solar PV project in Thimphu.
China adds export restrictions for minerals used in thin-film solar
Restriction on cadmium telluride exports is expected to increase costs for U.S.-based thin-film solar manufacturer First Solar.
Germany allocates 2.15 GW in latest PV tender, final average price for first time under €0.05/kWh since 2019
Germany’s latest auction for utility-scale solar concluded with prices ranging from €0.0388 ($0.0400)/kWh to €0.0495/kWh. The procurement exercise was significantly oversubscribed.
