Solar

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Solar Module Manufacturing Capacity Under ALMM Grows to 91.5 GW

The Ministry of Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 742 MW of solar module manufacturing capacity. The...

July 1, 2025

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Tina Freese

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Manufacturing

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Solar
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Railways Issues Empanelment Tender for 1 MW Rooftop Projects in Bihar

The Ministry of Railways has issued a request for qualification to empanel agencies to implement 1 MW rooftop solar projects for Bihar’s Samastipur Division under the...

July 1, 2025

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Tina Freese

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Solar

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Tenders & Auctions
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Juniper Green Files Draft Papers with SEBI for ₹30 Billion IPO

Independent renewable energy producer Juniper Green Energy has filed its draft red herring prospectus (DRHP) to raise over ₹30 billion (~$349 million) through an initial...

June 30, 2025

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Tina Freese

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Finance and M&A

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Solar

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Wind
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Waaree Solar Secures 540 MW Solar Module Order from US Developer

Waaree Solar Americas, a wholly owned subsidiary of Waaree Energies, has received an order for the supply of 540 MW of solar modules from a U.S.-based developer of...

June 30, 2025

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Staff

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Modules

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Solar
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INOX Acquires Skypower Solar India’s 50 MW Solar Project in Madhya Pradesh

INOXGFL Group’s subsidiary Inox Neo Energies has completed the acquisition of Skypower Solar India, which operates a 50 MW solar power project in Madhya Pradesh....

June 30, 2025

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Staff

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Finance and M&A

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Solar
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MENA Weekly Roundup: Egypt Launches $200 Million Solar Components Plant

Egypt’s Suez Canal Economic Zone and Chinese firm Sunrev Solar commenced construction of an integrated solar energy components industrial complex in Ain Sokhna. Spanning...

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Premier Energies Commissions 1.2 GW TOPCon Cell Manufacturing Line

Integrated solar cell and module manufacturing company Premier Energies has commissioned a new 1.2 GW tunnel oxide passivated contact (TOPCon) solar cell manufacturing...

June 27, 2025

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Staff

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Manufacturing

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Solar
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GERC Approves ₹3.70/kWh Tariff for 9.9 MW Wind-Solar Power Procurement

The Gujarat Electricity Regulatory Commission (GERC) has approved a tariff of ₹3.70 (~$0.043)/kWh for the procurement of 9.9 MW of wind-solar hybrid renewable energy by...

June 27, 2025

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Tina Freese

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Markets & Policy

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Solar

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Wind
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Rayzon Solar Files for ₹15 Billion IPO, to Use Funds for Cell Manufacturing

Solar module manufacturer Rayzon Solar has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise ₹15 billion (~$175...

June 27, 2025

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Melvin Mathew

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Finance and M&A

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Modules

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Solar
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Onix Renewable Makes Open Offer for 6.4% Stakes in Onix Solar Energy

Gujarat-based Onix Renewable has offered ₹264 (~$3) per share to acquire 1.6 million equity shares of Onix Solar Energy for approximately ₹429 million (~$5 million)....

June 27, 2025

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Tina Freese

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Finance and M&A

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Solar
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Maharashtra, Tamil Nadu, and Karnataka Lead Q1 Solar Open Access Installations

India added 1.1 GW of solar open access capacity in the first quarter (Q1) of 2025, down nearly 48% from 2.1 GW in Q4 2024. Installations were down 47% year-over-year...

June 27, 2025

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Tarun Kothamasu

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Mercom Research Focus

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Open Access

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Solar
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Meyer Burger Files Bankruptcy for US Subsidiaries and Debtor Affiliates

Close on the heels of its German subsidiaries filing for insolvency, Meyer Burger and its subsidiaries and debtor affiliates in the U.S. have filed for Chapter 11...

June 27, 2025

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Melvin Mathew

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Finance and M&A

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Solar

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