Waaree Energies Gets Legal Nod to Acquire Solar Cell Producer Indosolar

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

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 ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Power Ministry Invests ₹356.29 Billion in Infrastructure Growth

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 ...
/ / Other, Renewable Energy
Daily News Wrap-Up: Adani Green Signs PPA for 4.6 GW of Solar Projects with SECI

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) ...
/ / Other, Renewable Energy
Solar Module Manufacturer Waaree Energies Files Draft Red Herring Prospectus for IPO

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 ...
/ / Markets & Policy, Solar
Trina and Adani Were the Leading Solar Module Suppliers in India During 1H 2019

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 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 ...
Global Module Suppliers Trina and Canadian Solar Announce World Record Efficiencies

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 ...
/ / Mercom Research Focus, Other
Tata Power and CleanMax Emerged as Top Rooftoop Solar Installers in India in 2017

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 ...
/ / Rooftop, Solar
Indian Solar Sector Received Over $10 Billion in Financing During 2017

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 ...
/ / Finance and M&A, Solar
Waaree Energies Raises ₹1 Billion from Centrum Financial Services and Private Equity Firm

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 ...
/ / Finance and M&A, Solar
Solar Tariffs in DCR Auctions Decline

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, ...
/ / Solar, Tenders & Auctions