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Daily News Wrap-Up: Draft Renewable Energy Tariff Regulations 2024

The Central Electricity Regulatory Commission has formulated the draft regulations to determine the tariff for renewable energy projects in 2024. These regulations are...

February 26, 2024

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Mercom Staff

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Daily Wrap-up
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DGTR Opens Anti-Dumping Probe into Solar Glass Imports from China and Vietnam

The Directorate General of Trade Remedies (DGTR) has initiated an anti-dumping investigation on imports of textured tempered coated and uncoated glass originating in or...

February 16, 2024

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Arjun Joshi

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Markets & Policy

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Solar
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Borosil Renewables’ Q4 Profit Up 80% YoY Driven by Higher Solar Glass Sales

Solar glass manufacturer Borosil Renewables’ profit peaked by 80% year-over-year (YoY) to ₹105.01 million (~$1.2 million) for the fourth quarter (Q4) of the financial...

May 31, 2023

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Gourav Mishra

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Inverters & BOS

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Markets & Policy

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Solar
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Borosil Renewables Completes Acquisition of Two Solar Glass Manufacturers in Europe

Borosil Renewables, an India-based solar glass manufacturer, has completed the acquisition of a 86% stake in Interfloat Corporation and Glasmanufaktur Brandenbur (GMB),...

October 25, 2022

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Arjun Joshi

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Finance and M&A

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Other
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Solar Energy-Focused Tech Startup Renkube Raises ₹24 Million in Seed Round

Solar Energy-focused deep tech startup Renkube has secured ₹24 million (~$300,000) in a seed round led by CIIE.CO, a startup incubator established by IIM Ahmedabad. JITO...

August 19, 2022

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Gourav Mishra

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Finance and M&A

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Solar
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Solar Glass Manufacturer Borosil Renewables’ Revenue Up by 25% YoY in Q1 FY 2023

India-based solar glass manufacturer Borosil Renewables has announced the financial results for the first quarter (Q1) of the financial year (FY) 2023. The company...

August 11, 2022

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Rakesh Ranjan

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Finance and M&A

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Solar
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Anti-Dumping Duty on Solar Glass Imports from China Likely to be Extended for Two More Years

The Directorate General of Trade Remedies (DGTR) has recommended extending the anti-dumping duty on imported textured tempered glass (solar glass) from China by two more...

May 17, 2022

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Arjun Joshi

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Markets & Policy

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Solar
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Borosil Renewables Income Surges by 30.9% to ₹6.65 Billion in FY 2021

India-based solar glass manufacturer Borosil Renewables announced the fourth quarter (Q4) and full-year financial results for 2021-22. The company’s net income for...

May 9, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Borosil Renewables to Acquire Two Solar Glass Manufacturing Units in Europe

Borosil Renewables, an India-based solar glass manufacturer, announced the acquisition of 100% share capital of lnterfloat Corporation and Glasmanufaktur Brandenbur...

April 25, 2022

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Satish Shetty

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Finance and M&A

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Solar
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Daily News Wrap-Up: Procter & Gamble’s Hyderabad Unit Goes Solar

Here are some noteworthy cleantech announcements of the day from around the world: Procter & Gamble has commissioned its first in-house solar power unit at the...

April 21, 2021

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Staff

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Other

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Renewable Energy
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Anti Dumping Duty on Solar Glass Has Resulted in Monopoly, Shortage, Price Rise

The solar glass shortage in China that started some six months back has started to affect the Indian solar manufacturing industry. This, coupled with the duties on glass,...

March 16, 2021

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Rakesh Ranjan

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Markets & Policy

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Solar
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Solar Glass Manufacturer Xinyi Solar’s Profit Jumps 79% in 2020

Xinyi Solar, a China-based solar glass manufacturer and project developer, has announced a 79.52% increase in its net profit to HK$ 5.023 billion (~$647.46 million) in...

March 4, 2021

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Harsh Shukla

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Finance and M&A

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Solar
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DGTR Imposes Countervailing Duty of 9.71% on Solar Glass Imports from Malaysia

The Directorate General of Trade Remedies (DGTR), Ministry of Commerce and Industry, has imposed a countervailing duty at 9.71% of the cost, insurance, and freight (CIF)...

December 21, 2020

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Rakesh Ranjan

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Manufacturing

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Solar
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Daily News Wrap-Up: PM Modi to Inaugurate the Third Edition of RE-INVEST on November 26

Here are some noteworthy cleantech announcements of the day from around the world: Narendra Modi, Prime Minister of India, will inaugurate the virtual edition of the...

November 20, 2020

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Harsh Shukla

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Other

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Renewable Energy
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Solar Glass Shortage Widens Demand-Supply Gap in China’s Module Market

A new report by SolarZoom highlights the demand-supply gap in the Chinese solar module market due to the ongoing shortage of solar glass used in the manufacturing of...

October 29, 2020

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Rakesh Ranjan

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Markets & Policy

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Solar

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