Material Shortages, Supply Disruptions Cause 13% Dip in SMA Solar’s Net Income in 1H 2022

Material Shortages, Supply Disruptions Cause 13% Dip in SMA Solar’s Net Income in 1H 2022

Material shortages and supply chain disruptions negatively impacted the sales and financials of solar equipment supplier SMA Solar Technology during the first half (1H) of the financial year (FY) 2022 ...
/ / Finance and M&A, Solar
Demand-Supply Gap of Solar Module BoS Components is Driving Domestic Module Prices Up

Demand-Supply Gap of Solar Module BoS Components is Driving Domestic Module Prices Up

At a time when the solar industry had started to gain momentum, with 2022 expected to be one of the best years in terms of installations, the increase in domestic ...
Mecwin to Invest ₹500 Million in EV Components Manufacturing Plant in Karnataka

Mecwin to Invest ₹500 Million in EV Components Manufacturing Plant in Karnataka

Electric vehicle (EV) startup Mecwin India will invest ₹500 million (~$6.38 million) to set up a manufacturing plant for EV motors and controllers in Karnataka. The manufacturing facility for indigenous ...
Rate Contract Tender Issued for Supply of Solar Components

Rate Contract Tender Issued for Supply of Solar Components

The Agency for New & Renewable Energy Research and Technology (ANERT) has issued a rate contract tender to list solar power components for supply in Kerala. The last date to ...
/ / Solar, Tenders & Auctions
Tender Issued to List Components for Supply to Solar Projects in Kerala

Tender Issued to List Components for Supply to Solar Projects in Kerala

The Agency for New and Renewable Energy Research and Technology (ANERT) has issued a tender to list solar components on a rate contract basis. The bidders must list on ANERT’s ...
/ / Solar, Tenders & Auctions
Government Notifies Eligibility Criteria for EV Components Under FAME Program

Government Notifies Eligibility Criteria for EV Components Under FAME Program

The Ministry of Heavy Industries and Public Enterprises (MHIPE)  has issued a notification to all the testing agencies under the second phase of the Faster Adoption and Manufacturing of Electric ...
MNRE Begins Allocation of Capacities to States Under KUSUM Program for India’s Farmers

MNRE Begins Allocation of Renewable Capacities to States Under KUSUM Program for India’s Farmers

The Ministry of New and Renewable Energy (MNRE) has issued a memorandum for state-wise renewable energy capacity allocation under the KUSUM program for the country’s farmers. The capacities have been ...
/ / Markets & Policy, Solar
Dispute Over One Day Commissioning Delay Causes 30% Solar Tariff Reduction in Karnataka

MNRE Asks Lenders to Insist on BIS Certification of Solar Modules Rather than Tier-1 List

The Ministry of New and Renewable Energy (MNRE) has issued a memorandum concerning the importance of following BIS certification when it comes to quality of solar photovoltaic (PV) modules.  According to ...
/ / Markets & Policy, Solar