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Solar cell market size to rise at 16.50% CAGR by 2032, says The Brainy Insights

The global solar cell market is expected to grow from USD 90 billion in 2022 to USD 414.5 billion by 2032, at a CAGR of 16.50% during the forecast period 2023-2032.

IREDA signs MoUs with Bank of Maharashtra for Financing Renewable Energy Projects

The MoU comprises several services including co-lending and co-origination support for all Renewable Energy projects, facilitating loan syndication and underwriting, management of Trust & Retention Account for IREDA borrowers, and a commitment to establishing stable fixed interest rates spanning a period of 3-4 years for IREDA borrowings.

ReNew Announces Clinton Global Initiative Commitment to Business-Driven Clean Energy and Education in India

ReNew is setting up India’s first Round-The-Clock (RTC) project, capable of providing uninterrupted power to the energy grid. Energy storage solutions will be incorporated into the project, boosting the annual energy generation 80 percent. 

ADB, Fourth Partner Energy to Build Solar Power Plant in India, Supplying Commercial and Industrial Sector

The 25 MW solar power plant, located in Tirunelveli district in the state of Tamil Nadu in India, is expected to generate about 50.7 gigawatt-hours of electricity annually and will directly sell power to commercial and industrial users.

Waaree Group celebrates exceptional growth grants one-time bonuses to 100% of employees

 This employee-centric initiative extends across all Waaree Group subsidiaries.

Tata Power Renewable Energy signs PDA with Xpro India for setting up 3.125 MW AC Group Captive Solar Plant

The solar plant will power Xpro India’s polymer processing business with solar energy. It is expected to generate 7.128 MUs of electricity and reduce 2281 tonnes of carbon footprints annually.

Lithium-ion battery market size to reach $189.4 billion by 2032, growing at a CAGR of 15.2%

The global lithium-ion battery market size was valued at USD 46.2 billion in 2022, and the lithium-ion battery industry is projected to reach USD 189.4 billion by 2032, growing at a CAGR of 15.2% from 2023 to 2032.

Director (Finance), Solar Energy Corporation of India takes charge

Joshit Ranjan Sikidar has joined Solar Energy Corporation of India Limited (SECI) as Director (Finance) on 12th September, 2023.

Sterlite Power announces strong FY’23 Results

India operations record 30% increase in PAT.

KEC International wins a large order of INR 1,145 crores

KEC International Ltd has secured a turnkey order for Design, Supply and Installation of 380 kV Overhead Transmission Line in the Kingdom of Saudi Arabia (KSA).

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