Author: PPD Team Date: 27/11/2024
Orient Solar has announced plans to increase its production capacity from 800 MW to 2 GW by mid-2025.
This expansion involves an investment of Rs 1.30 billion, covering capital expenditure, land, and building costs.
The enhanced capacity will primarily support utility-scale solar projects (65%), with the remaining 35% allocated to commercial and industrial rooftop solar projects, as well as solar street lights and pumps.
Author: PPD Team Date: 21/10/2024 JSW JFE Electrical Steel Pvt Ltd has finalized the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (tkES India) for Rs 40.51 billion. This move enables JSW-JFE to enter the grain-oriented electrical steel (GOES) business, aligning with their plans to expand into this crucial sector. tkES India, based in Nashik, Maharashtra, is one of India’s pioneers in GOES manufacturing. The acquisition is being carried out through Jsquare Electrical Steel Nashik…
Author: PPD Team Date: 08/11/2024 Électricité de France (EDF) is negotiating with three suppliers to secure power for its planned 1 GW data centre projects in France, with a focus on nuclear energy as a clean power source for tech firms amid the rising energy demands driven by AI. EDF executive director Marc Benayoun confirmed the ongoing discussions but withheld details on the companies involved, noting that site selection for the projects is still in…
Author: PPD Team Date: 03/01/2025 Waaree Energies Limited has secured an order to supply 150 MWp of n-type TOPCon bifacial glass-glass solar modules, rated at 585/590 Wp. The modules will be delivered to a domestic renewable energy developer managing projects across India. Delivery is planned for the financial year 2025-26. Waaree Energies has become the first Indian solar panel manufacturer to publish independently verified Environmental Product Declarations (EPDs) for its bifacial mono PERC and TOPCon…
Author: PPD Team Date: 04/12/2024 The US Department of Commerce has announced preliminary antidumping tariffs ranging from 21.31% to 271.28% on crystalline solar cells imported from Cambodia, Malaysia, Thailand, and Vietnam. China’s JinkoSolar will face tariffs of 21.31% on products from Malaysia and 56.51% from Vietnam. Trina Solar products will incur 77.85% tariffs from Thailand and 54.46% from Vietnam. These measures are part of antidumping and countervailing duty investigations initiated by the American Alliance for…
Author: PPD Team Date: 12/02/2025 Juniper Green Energy Limited has secured Rs 86.82 billion in phased debt financing to develop renewable energy (RE) projects in India, including wind-solar hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The financing has been arranged from multiple institutions, including Power Finance Corporation Limited (PFC), DBS Bank, Hongkong and Shanghai Banking Corporation (HSBC), and the Indian Renewable Energy Development Agency Limited (IREDA). This financing will enhance the company’s operational…
Author: PPD Team Date: 27/03/2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 2,323 million from Waaree Energies Limited for engineering, procurement, and construction (EPC) works. The contract is for setting up 170 MW/255 MWp capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh. The LoA was awarded on March 25, 2025. Waaree Forever Energies Limited, a subsidiary of Waaree Energies, had won the bid…
Author: PPD Team Date: 21/10/2024 JSW JFE Electrical Steel Pvt Ltd has finalized the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (tkES India) for Rs 40.51 billion. This move enables JSW-JFE to enter the grain-oriented electrical steel (GOES) business, aligning with their plans to expand into this crucial sector. tkES India, based in Nashik, Maharashtra, is one of India’s pioneers in GOES manufacturing. The acquisition is being carried out through Jsquare Electrical Steel Nashik…
Author: PPD Team Date: 08/11/2024 Électricité de France (EDF) is negotiating with three suppliers to secure power for its planned 1 GW data centre projects in France, with a focus on nuclear energy as a clean power source for tech firms amid the rising energy demands driven by AI. EDF executive director Marc Benayoun confirmed the ongoing discussions but withheld details on the companies involved, noting that site selection for the projects is still in…
Author: PPD Team Date: 03/01/2025 Waaree Energies Limited has secured an order to supply 150 MWp of n-type TOPCon bifacial glass-glass solar modules, rated at 585/590 Wp. The modules will be delivered to a domestic renewable energy developer managing projects across India. Delivery is planned for the financial year 2025-26. Waaree Energies has become the first Indian solar panel manufacturer to publish independently verified Environmental Product Declarations (EPDs) for its bifacial mono PERC and TOPCon…
Author: PPD Team Date: 04/12/2024 The US Department of Commerce has announced preliminary antidumping tariffs ranging from 21.31% to 271.28% on crystalline solar cells imported from Cambodia, Malaysia, Thailand, and Vietnam. China’s JinkoSolar will face tariffs of 21.31% on products from Malaysia and 56.51% from Vietnam. Trina Solar products will incur 77.85% tariffs from Thailand and 54.46% from Vietnam. These measures are part of antidumping and countervailing duty investigations initiated by the American Alliance for…
Author: PPD Team Date: 12/02/2025 Juniper Green Energy Limited has secured Rs 86.82 billion in phased debt financing to develop renewable energy (RE) projects in India, including wind-solar hybrid and Firm and Dispatchable Renewable Energy (FDRE) projects. The financing has been arranged from multiple institutions, including Power Finance Corporation Limited (PFC), DBS Bank, Hongkong and Shanghai Banking Corporation (HSBC), and the Indian Renewable Energy Development Agency Limited (IREDA). This financing will enhance the company’s operational…
Author: PPD Team Date: 27/03/2025 Waaree Renewable Energy Technologies Limited has received a Letter of Award (LoA) worth Rs 2,323 million from Waaree Energies Limited for engineering, procurement, and construction (EPC) works. The contract is for setting up 170 MW/255 MWp capacity under Unit-III of the Neemuch Solar Power Park Project in Madhya Pradesh. The LoA was awarded on March 25, 2025. Waaree Forever Energies Limited, a subsidiary of Waaree Energies, had won the bid…
Author: PPD Team Date: 21/10/2024 JSW JFE Electrical Steel Pvt Ltd has finalized the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (tkES India) for Rs 40.51 billion. This move enables JSW-JFE to enter the grain-oriented electrical steel (GOES) business, aligning with their plans to expand into this crucial sector. tkES India, based in Nashik, Maharashtra, is one of India’s pioneers in GOES manufacturing. The acquisition is being carried out through Jsquare Electrical Steel Nashik…
Author: PPD Team Date: 08/11/2024 Électricité de France (EDF) is negotiating with three suppliers to secure power for its planned 1 GW data centre projects in France, with a focus on nuclear energy as a clean power source for tech firms amid the rising energy demands driven by AI. EDF executive director Marc Benayoun confirmed the ongoing discussions but withheld details on the companies involved, noting that site selection for the projects is still in…