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.
Sinovoltaics updates PV module manufacturer financial stability ranking
The latest ranking based on Altmann-Z scores sees India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy retain the top three spots. But further below in the ranking, analysts see more firms with lower scores compared to the last quarter.
Gautam Solar’s Bhiwani factory close to achieving 3.2 GW capacity in March
Gautam Solar plans to achieve a total solar module manufacturing capacity of 5 GW by year end.
Juniper Green raises $1 billion in debt financing to expand its clean energy portfolio
Juniper Green Energy has secured $1 billion in phased debt financing to support the development of wind-solar hybrid and firm & dispatchable renewable energy (FDRE) projects.
