Solar Industry Updates
We bring you all the industrial updates on the solar industry so that you could set your goal for your business to see beyond your vision.
Tata Power Solar Bags Order of ₹538 Cr From Energy Efficiency Services Limited
Tata Power Solar, the country's largest integrated solar company and a wholly-owned subsidiary of Tata Power, announced on Tuesday (12th Oct 2021) that it has obtained a "Letter of Award" (LoA) from Energy Efficiency Services Limited to build 100
Adani-Backed Green Energy Gallery to Open at London’s Science Museum
On Tuesday, the famed Science Museum in London announced the opening of a groundbreaking new exhibition that will study how the world might achieve the fastest energy shift in history to combat climate change, with a subsidiary of the
India is The Most Cost-Effective in Generating Rooftop Solar Power
According to a global survey, India is the most cost-effective country for generating rooftop solar energy, with a cost of USD 66 per megawatt-hour, whereas China's cost is USD 68 per megawatt-hour. Rooftop solar photovoltaics (RTSPV), such as roof-mounted solar
PM Modi And UK’s PM Mr. Johnson to Launch Global Solar Power Grid
During the world leaders' summit at the beginning of the 26th session of the UN climate change conference (COP26) in Glasgow, United Kingdom in the first week of November, India and the United Kingdom will jointly launch the Green
BHEL invites EoI from Partners to Set Up Battery Storage Gigafactory Under PLI Program
Under the Government of India's performance-linked incentive (PLI) program, Bharat Heavy Electricals (BHEL) has requested bids for a gigawatt-scale advanced chemistry cell battery storage facility through a special purpose vehicle (SPV). Bids must be sent by November 2, 2021,
Reliance Industries Ltd Invests in German Solar Wafer Company NexWafe, Signs Pact with Danish Hydrogen Electrolyzer Firm Stiesdal
As part of a strategy to expand its clean energy portfolio through partnerships, Reliance Industries, through its unit Reliance New Energy Solar Ltd (RNESL), has invested in German "green solar wafers" technology company NexWafe GmbH (NexWafe) and signed a
After REC, Reliance Industries Ltd to Acquire up to 40% Stake in Sterling & Wilson Solar
The Shapoorji Pallonji Group is selling a 40% interest in Sterling & Wilson Solar., a solar EPC joint venture it has in collaboration with the Khurshed Yazdi Daruvala family. Shapoorji Pallonji Group is selling its shares to Reliance Industries
Reliance Buys Norway’s REC Solar Holdings from China’s Bluestar for $771 Million
Reliance New Energy Solar, a wholly-owned subsidiary of Reliance Industries (RIL) headed by Mukesh Ambani, has purchased REC Solar Holdings (REC Group) from China National Bluestar (Group) Co. The purchase is worth $771 million, according to a statement from
The Rise of Solar Energy Output in India Slowed to 24.7% in September 2021
According to a Reuters study of official statistics, India's solar energy output growth slowed in September, at a time when coal-fired utilities are suffering a fuel shortfall that accounts for more than 70% of the country's power generation. Half
From October 2021, a Higher GST Rate for Solar PV Modules And Other Renewable Energy Equipment is Forced
With effect from Friday (1st Oct 2021), the Finance Ministry has announced a 12% goods and services tax (GST) rate for solar photovoltaic (PV) modules and other renewable energy equipment. In addition, the announcement specifies an 18% GST rate