
Waaree Energies Gets Legal Nod to Acquire Solar Cell Producer Indosolar
Waaree Energies, a solar module manufacturer, announced the approval from the National Company Law Tribunal (NCLT) to acquire solar cells manufacturer—Indosolar. The national body approved Waaree’s request for the acquisition ...

Daily News Wrap-Up: SEBI Approves Solar Module Manufacturer Waaree’s IPO Proposal
Here are some noteworthy cleantech announcements of the day from around the world: Indian solar module manufacturer Waaree Energies has received approval from markets regulator Securities and Exchange Board of ...

Daily News Wrap-Up: Power Ministry Invests ₹356.29 Billion in Infrastructure Growth
Here are some noteworthy cleantech announcements of the day from around the world: During FY 2021-22, power sector Central Public Sector Enterprises (CPSEs) have invested ₹321.37 billion (~$4.23 billion) until ...

Daily News Wrap-Up: Adani Green Signs PPA for 4.6 GW of Solar Projects with SECI
Here are some noteworthy cleantech announcements of the day from around the world: Adani Green Energy Ltd (AGEL) has signed an agreement with the Solar Energy Corporation of India (SECI) ...

Solar Module Manufacturer Waaree Energies Files Draft Red Herring Prospectus for IPO
Indian solar module manufacturer Waaree Energies has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds via an initial public ...

Trina and Adani Were the Leading Solar Module Suppliers in India During 1H 2019
According to Mercom’s recently released India Solar Market Leaderboard 1H 2019, in the first half of this year (1H 2019), Trina Solar, Adani, and Risen Energy emerged as the top ...

Znshine Solar Was the Top Module Supplier to India in 2018
Znshine Solar, a Chinese PV module manufacturer, emerged as the top module supplier to the Indian solar market in the calendar year (CY) 2018, having supplied more than a gigawatt ...

Is the Indian Solar Market Ready to Make the Transition to Mono PERC Modules?
Consensus in the solar industry is that it is gradually shifting towards monocrystalline cell technology from the more common multicrystalline (also called multicrystalline) cells and modules. The introduction of passivated ...

Tata Power and CleanMax Emerged as Top Rooftoop Solar Installers in India in 2017
With increasing demand from government, commercial and industrial sectors, the rooftop solar sector is witnessing steady growth despite a lack of policy support and incentives. The growth trajectory of the ...

Indian Solar Sector Received Over $10 Billion in Financing During 2017
In 2017, the Indian solar sector logged over $10 billion (~₹650 billion) in financing activity, according to Mercom Capital Group’s recently released 2017 Q4 and Annual India Solar Market Update ...

Waaree Energies Raises ₹1 Billion from Centrum Financial Services and Private Equity Firm
Waaree Energies, an Indian solar module manufacturer and Engineering Procurement Construction (EPC) services provider, has raised ₹1 billion (~$15.6 million) from Centrum Financial Services Ltd, the non-banking finance arm of ...

Solar Tariffs in DCR Auctions Decline by 35 Percent in a Year
The tariff for solar projects developed under India’s domestic content requirement (DCR) category has declined by 35 percent during the past year as aggressive bidding trend continues. Earlier this month, ...