Solar Panels

Motilal Oswal says 'Buy' ACME Solar for 59% upside, initiates coverage

ACME Solar share rose after Motilal Oswal initiated coverage with 'Buy' rating for a target price of Rs 330, which reflects an upside potential of 58.95% from the previous close (Feb 4) of Rs 207.60

Updated On: 05 Feb 2025 | 10:33 AM IST

NGT calls for safe disposal system of used solar panels, asks govt's reply

The matter was raised through a letter petition highlighting the environmental risks posed by discarded panels and the need for an organized system for their proper handling and management

Updated On: 27 Dec 2024 | 12:51 PM IST

Gensol Engineering bags Rs 897 crore solar project contract from NTPC REL

This contract entails the development of 225MW-AC (alternate current), equivalent to 276 MW DC (direct current), grid connected solar projects

Updated On: 27 Dec 2024 | 12:22 AM IST

US solar firms seek retroactive duties on imports from Vietnam, Thailand

New tariffs could be particularly harmful to Vietnam, which risks the highest duties as it is deemed by the United States a non-market economy

Updated On: 16 Aug 2024 | 9:14 AM IST

UP plans to have 30K 'surya mitras' to install solar panels in all houses

The Uttar Pradesh government plans to train 30,000 youngsters as "surya mitras" to achieve its goal of having solar panels on the rooftop every house in the state. Following the launch of the PM Surya Ghar Yojana in February last year, which aims to have one crore solar rooftops across the country, the Yogi adityanath-led Uttar Pradesh government has installed more than 25 lakh in the state. To achieve the target of having solar panels in every house in Uttar Pradesh, there will be a significant need for skilled workers in the solar energy sector, a senior official of the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) told PTI. For this, the official, said the state agency has set a target of training 30,000 "surya mitras" at district centers and Industrial Training Institutes (ITIs). To develop this skilled manpower, the National Solar Energy Mission has outlined a plan, he said. More than 3,000 youngsters in Uttar Pradesh have completed training courses for s

Updated On: 11 Aug 2024 | 9:19 AM IST

Essar to invest Rs 30,000 cr in green hydrogen plant in Gujarat over 4 yrs

Essar Group plans to invest Rs 30,000 crore over the next four years in setting up a green hydrogen plant at Jamnagar in Gujarat as the metals-to-infrastructure conglomerate eyes clean energy as a key pillar for its new phase of growth. The conglomerate is looking to decarbonise its oil refinery in the UK, construct a green steel plant in Saudi Arabia, and build an LNG and electric ecosystem to decarbonise long-haul heavy trucks, Prashant Ruia, director of Essar Capital, which manages the group's portfolio of investments, said. It is also considering an entry into mining of critical minerals, mainly used in electric vehicle batteries, solar panels and wind-turbine magnets. Essar Future Energy plans to develop 1 gigawatt of hydrogen capacity along with associated green molecules capacity of 1 million tonne per annum in Jamnagar over the next four years, he said in an interview with PTI. "We are going to invest around Rs 30,000 crore (in the green hydrogen project in Jamnagar)," he .

Updated On: 16 Jun 2024 | 12:33 PM IST

China solar panel makers seek government action to halt freefall in prices

Financial incentives and a government push have helped China become the solar panel factory of the world

Updated On: 12 Jun 2024 | 12:35 PM IST

IIT-Jodhpur develops special adaptor to charge EVs using solar panels

IIT-Jodhpur has developed a special adaptor that will allow users to charge their electric vehicles using solar power. Prime Minister Narendra Modi in February said his government was aiming to create a system in which people can recharge their electric vehicles from the power they generate from rooftop solar systems. The adaptor, likely to be priced below Rs 1,000, could prove to be very effective if the solar panel initiative is a success, Nishant Kumar, Assistant Professor at the Electrical Engineering Department at IIT Jodhpur said. People are increasingly looking towards buying EVs and currently, the government is also providing subsidies for them, Kumar said. "On one side, our charging adaptor will be connected to the solar panel and on the other, to the charger provided by the company. It includes two points that will supply power according to the requirement," Kumar said. Currently, extracting maximum power from a solar panel without a power converter is challenging and a

Updated On: 07 Jun 2024 | 10:42 AM IST

EU aims to increase agri-food exports to China despite trade tensions

Unlike sectors such as solar panels or new energy vehicles (NEVs) the European Union's agri-food sector runs an export surplus in its trade with China

Updated On: 22 Apr 2024 | 12:10 PM IST

PM Modi announces PM Surya Ghar Muft Bijli Yojana, to invest over 75000 cr

PM Surya Ghar Muft Bijli Yojana: PM Modi announces scheme to provide free 300 units of electricity every month by investing 75000 crore on this project

Updated On: 15 Feb 2024 | 1:45 PM IST

Dhami directs officers to make solar panels mandatory in all govt offices

Along with this, the Chief Minister also gave instructions to make solar panels mandatory in big commercial buildings

Updated On: 24 Jan 2024 | 8:46 AM IST

Pentagon to install rooftop solar panels as Biden pushes for clean energy

The Defence Department will install solar panels on the Pentagon, part of the Biden administration's plan to promote clean energy and reestablish the federal government as a sustainability leader. The Pentagon is one of 31 government sites that are receiving $104 million in Energy Department grants that are expected to double the amount of carbon-free electricity at federal facilities and create 27 megawatts of clean-energy capacity while leveraging more than $361 million in private investment, the Energy Department said. Energy Secretary Jennifer Granholm, Deputy Defense Secretary Kathleen Hicks and Brenda Mallory, chair of the White House Council on Environmental Quality, announced the projects Wednesday at the Pentagon. The solar panels are among several improvements set for the Pentagon, which also will install a heat pump system and solar thermal panels to reduce reliance on natural gas and fuel oil combustion systems Brendan Owens, assistant secretary of Defence for energy, .

Updated On: 18 Jan 2024 | 6:48 AM IST

KPI Green Energy, Emmvee ink deal for 300 MW of solar panels purchase

KPI Green Energy and Emmvee ink a major deal: Agreement reached for the purchase of 300 Megawatts of solar panels

Updated On: 03 Jan 2024 | 6:18 PM IST

Waaree Energies files IPO papers; plans to raise Rs 3K cr via fresh issue

Solar panel maker Waaree Energies on Friday filed fresh preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of equity shares aggregating to Rs 3,000 crore and Offer For Sale (OFS) of 32 lakh equity shares by a promoter and existing shareholders, according to the draft red herring prospectus (DRHP). Those selling shares in the OFS include promoter Waaree Sustainable Finance Private Ltd and shareholders -- Chandurkar Investments Private Ltd and Samir Surendra Shah. Proceeds from the fresh issue will be used for setting up the 6GW (gigawatt) of Ingot Wafer, Solar Cell and Solar PV module manufacturing facility in Odisha. Besides, a portion will be used for general corporate purposes. Waaree Energies, one of the major players in the solar energy industry in India, is focused on PV module manufacturing with an aggregate installed capacity of 12 GW as of June 30, 2023. The Mumbai-based firm has a

Updated On: 29 Dec 2023 | 2:22 PM IST

Waaree Energies to invest $1 billion in Texas solar panel factory

The announcement is the latest major corporate commitment to solar manufacturing since passage of U.S. President Joe Biden's landmark climate change law last year which offers subsidies and tax breaks

Updated On: 21 Dec 2023 | 10:28 PM IST

Chhattisgarh Assembly elections: Congress' major focus on farmer schemes

Ahead of the Assembly elections, the state government is taking out schemes for the farmers as they constitute around 70 per cent of the state's population and are a key vote bank in the state

Updated On: 26 Oct 2023 | 6:20 PM IST

Govt plans to register only India-made solar panels under ALMM: RK Singh

The government is planning to register solar panels made up of only domestically manufactured cells, wafers and polysilicon under the Approved List of Models and Manufacturers in the next 3-4 years. Minister for New and Renewable Energy RK Singh has also asked the concerned officers of his ministry to prepare a policy in this regard. ALMM was introduced by the government to boost domestic manufacturing of solar panels. The modules with less efficiency are removed from the ALMM, the minister said. "We will evolve our policies. We will only protect those modules, which are made-in-India cells. In one or two years, we will bring such a policy. Then again, after 1-2 years, we will bring a policy that wafers and polysilicon should also be made in India. "We only register those players under ALMM whose cell, wafers and polysilicon are India-made," Singh said. The move will help in real 'Make-in-India'. The government will not promote the import of components of solar panels in the next

Updated On: 22 Oct 2023 | 1:02 PM IST

First Solar to invest billions of dollars in India's solar panel production

During PM Modi's visit to the US, both nations pledged to establish investment platforms to attract international private finance and accelerate the deployment of renewable energy projects in India

Updated On: 20 Jul 2023 | 2:08 PM IST

Centre reduces fee for solar PV module ALMM registration, expands validity

The changes in the ALMM for PV modules would improve the ease of doing business and aid in ramping up local production of solar PV modules, said BS Bhalla, Secretary of MNRE

Updated On: 15 May 2023 | 5:10 PM IST

Ayodhya to get 10 solar ferries on Saryu river to promote tourism

The carrying capacity of the ferries will range between 6 to 50 individuals

Updated On: 08 Jan 2023 | 3:21 PM IST