Solex’s new line is tailored for mass production of n-type, rectangular-cell TOPCon solar modules ranging from 585 Wp to 625 Wp.
Finance minister Nirmala Sitharaman has submitted Union Budget 2025-26, which proposes customs duty exemption for waste and scrap of lithium-ion batteries and critical minerals.
Regulatory and fiscal incentives to set up specialized labs in collaboration with leading international and domestic research institutions, reduction of Goods and Services Tax (GST) on turbines and solar modules, and ISTS charges waiver extension are on the budget wishlist of the renewable energy industry in India.
With the Union Budget 2025-26 approaching, the solar industry anticipates key policy and financial measures to sustain this momentum. The budget is expected to increase funding for green technologies, including solar, wind, and green hydrogen.
Waaree Energies has reported a total income of INR 35,452.65 million and net profit (profit after tax) of INR 5,068.76 million for the third quarter of FY 2025.
Jupiter International will invest INR 2,005 crore into setting up a facility with an annual production capacity of 4.2 GW for solar cells and 3.6 GW for modules.
NTPC Ltd has launched the tender for selection of solar power generators to set up 1.2 GW of solar PV power projects with 600 MW/2,400 MWh of energy storage systems anywhere in India.
Blueleaf Energy and Jakson target to jointly develop over 5 GW of renewable energy projects in India. The first project under the partnership is a 1 GW solar portfolio in Rajasthan, which benefits from 25-year power purchase agreements secured with the Solar Energy Corp. of India, NHPC, and Rajasthan Urja Vikas Nigam Ltd.
NTPC Ltd, in partnership with Triveni Turbine and Italy’s CO2 battery technology company Energy Dome, will set up a 160 MWh CO2 battery project at its Kudgi super thermal power station in Karnataka.
Acme Solar has reported consolidated revenue of INR 401 crore and consolidated net profit of INR 112 crore for the quarter ended Dec. 31, 2024.
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