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Markets & Policy

Hinduja Renewables appoints Deepak Thakur as managing director and CEO

Hinduja Renewables Energy Pvt Ltd (HREPL), part of Hinduja Group, has appointed Deepak Thakur as managing director and chief executive officer, effective from October 1, 2025.

ENGIE launches startup program for innovation in renewable energy solutions in India

ENGIE has launched a program to collaborate with enterprise-ready startups in addressing operational and technological challenges across India’s renewable energy sector.

Advait Greenergy commits INR 1,400 crore for electrolyser, fuel cell, ERS, and EPC projects in Gujarat

Advait Greenergy has signed a Memorandum of Understanding (MoU) with the Government of Gujarat to invest INR 1,400 crore across electrolyser and fuel cell manufacturing, emergency restoration system (ERS), and engineering, procurement & construction (EPC) projects.

Market eyes Indian buying surge ahead of anti-dumping duty on Chinese solar cells

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Eighth Assembly of International Solar Alliance scheduled from Oct. 27-30 in New Delhi

The International Solar Alliance (ISA) Assembly will focus on four key areas: catalyzing finance for solar projects, building global capability centres and advancing digitization, enhancing regional and country-level engagement, and developing technology and policy roadmaps.

Waaree Energies completes acquisition of 64% equity stake in transformer company Kotsons

Waaree Energies Ltd has completed the acquisition of a 64% equity stake in transformer solutions company Kotsons Pvt Ltd (KPL) for a total consideration of INR 192 crore. Consequently, KPL has become a subsidiary of the company. 

ACME Solar Holdings upgraded to CRISIL AA-/Stable rating

CRISIL Ratings has upgraded its rating on ACME Solar’s non-fund-based long-term bank facilities of INR 1,000 crore to ‘AA-/Stable’ from ‘A+/Positive’.

China wafer prices end four-week rally amid stable polysilicon, cooling demand

In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.

Solar module prices to rise 9% in Q4, says Wood Mackenzie

Wood Mackenzie says module prices will climb as China ends export rebates and consolidates polysilicon production.

ACME Solar Holdings assigned ‘AA-/Stable’ rating by ICRA

ICRA Ltd has assigned ‘AA-’ credit rating with ‘Stable’ outlook on ACME Solar Holdings’ long-term non-fund based bank facilities. The rating reflects ACME Solar’s diversified portfolio across multiple locations and offtakers (primarily central), revenue visibility from long-term power purchase agreements (PPAs), optimal generation performance and comfortable debt coverage metrics.

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