Author: PPD Team Date: 11/12/2024
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Sinovoltaics releases Q1 2025 global PV module ranking
Author: PPD Team Date: 10/02/2025 Sinovoltaics’ Q1 2025 global PV Module Manufacturers Ranking shows India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy as the top three. The Altmann Z-score-based ranking covers 63 suppliers, tracking financial health from March 2022 to December 2024. The updated top ten list: Insolation Energy (India) Waaree Renewable Technologies (India) Solex Energy (India) Eterbright (HIWIN) (Taiwan) First Solar (U.S.) Boviet Solar (China) DMEGC Solar (China) Phono Solar (China) ERA Solar…
Acciona to build 225 MW solar plant for Kallpa Generación in Peru
Author: PPD Team Date: 26/11/2024 Acciona has announced plans to construct a 225 MW photovoltaic plant in La Joya, Arequipa, Peru, for the electricity company Kallpa Generación. Spanning 549 hectares, the project will feature 371,040 high-performance bifacial solar panels with advanced technology. The solar farm is expected to generate 611 GWh of clean energy annually, enough to power 547,000 households and reduce CO₂ emissions by 215,000 tonnes each year. The plant will connect to the…
Waaree Energies explores land for solar manufacturing unit in Nagpur
Author: PPD Team Date: 06/01/2025 Waaree Energies Limited (WEL), India’s largest solar PV module manufacturer, is exploring a 500-acre land acquisition in Nagpur for a proposed Rs 80 billion investment in a solar cell and panel manufacturing unit. The company recently inspected potential sites in the Additional Butibori industrial estate of the Maharashtra Industrial Development Corporation (MIDC). If finalized, this project will contribute to Nagpur’s growing renewable energy equipment manufacturing sector. Total proposed investments in…
Torrent Power sets up subsidiary for renewable energy projects
Author: PPD Team Date: 24/02/2025 Torrent Green Energy Private Limited (TGEPL), a wholly owned subsidiary of Torrent Power Limited (TPL), has incorporated a new wholly owned subsidiary, Torrent Urja 30 Private Limited (TU30), for the implementation of renewable energy (RE) power projects in India on February 19, 2025. The newly formed entity will engage in power generation, transmission, distribution, purchase, procurement, sale, trading, import, export, power storage, green hydrogen, and its derivatives such as ammonia,…
India issues 11,098 MW in renewable energy tenders, draws $103 mn in October investments
Author: PPD Team Date: 06/11/2024 In October, India’s renewable energy sector surged with 16 new tenders, totalling a capacity of 11,098 MW. Auctions allocated 6,316 MW to various developers, pushing India’s total renewable capacity beyond 200 GW, including large hydro, while total electricity generation capacity reached 452.69 GW. Rajasthan, Gujarat, Tamil Nadu, and Karnataka led in renewable installations. Key tenders included NHPC’s 1,200 MW solar and SECI’s 1,200 MW round-the-clock renewables. NTPC launched a 1,200…
DRAIPL secures transmission contract for Rajasthan REZ Phase IV evacuation
Author: PPD Team Date: 29/11/2024 Dineshchandra R Agrawal Infracon Private Limited (DRAPL) has been awarded the contract to act as the Transmission Service Provider (TSP) for the Transmission System for evacuation of power from Rajasthan Renewable Energy Zone (REZ) Phase IV (Part 4: 3.5 GW): Part B. The project will be developed under the Tariff-Based Competitive Bidding (TBCB) process on a Build, Own, Operate, and Transfer (BOOT) basis. REC Power Distribution Company Limited (REC PDCL)…
Sinovoltaics releases Q1 2025 global PV module ranking
Author: PPD Team Date: 10/02/2025 Sinovoltaics’ Q1 2025 global PV Module Manufacturers Ranking shows India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy as the top three. The Altmann Z-score-based ranking covers 63 suppliers, tracking financial health from March 2022 to December 2024. The updated top ten list: Insolation Energy (India) Waaree Renewable Technologies (India) Solex Energy (India) Eterbright (HIWIN) (Taiwan) First Solar (U.S.) Boviet Solar (China) DMEGC Solar (China) Phono Solar (China) ERA Solar…
Acciona to build 225 MW solar plant for Kallpa Generación in Peru
Author: PPD Team Date: 26/11/2024 Acciona has announced plans to construct a 225 MW photovoltaic plant in La Joya, Arequipa, Peru, for the electricity company Kallpa Generación. Spanning 549 hectares, the project will feature 371,040 high-performance bifacial solar panels with advanced technology. The solar farm is expected to generate 611 GWh of clean energy annually, enough to power 547,000 households and reduce CO₂ emissions by 215,000 tonnes each year. The plant will connect to the…
Waaree Energies explores land for solar manufacturing unit in Nagpur
Author: PPD Team Date: 06/01/2025 Waaree Energies Limited (WEL), India’s largest solar PV module manufacturer, is exploring a 500-acre land acquisition in Nagpur for a proposed Rs 80 billion investment in a solar cell and panel manufacturing unit. The company recently inspected potential sites in the Additional Butibori industrial estate of the Maharashtra Industrial Development Corporation (MIDC). If finalized, this project will contribute to Nagpur’s growing renewable energy equipment manufacturing sector. Total proposed investments in…
Torrent Power sets up subsidiary for renewable energy projects
Author: PPD Team Date: 24/02/2025 Torrent Green Energy Private Limited (TGEPL), a wholly owned subsidiary of Torrent Power Limited (TPL), has incorporated a new wholly owned subsidiary, Torrent Urja 30 Private Limited (TU30), for the implementation of renewable energy (RE) power projects in India on February 19, 2025. The newly formed entity will engage in power generation, transmission, distribution, purchase, procurement, sale, trading, import, export, power storage, green hydrogen, and its derivatives such as ammonia,…
India issues 11,098 MW in renewable energy tenders, draws $103 mn in October investments
Author: PPD Team Date: 06/11/2024 In October, India’s renewable energy sector surged with 16 new tenders, totalling a capacity of 11,098 MW. Auctions allocated 6,316 MW to various developers, pushing India’s total renewable capacity beyond 200 GW, including large hydro, while total electricity generation capacity reached 452.69 GW. Rajasthan, Gujarat, Tamil Nadu, and Karnataka led in renewable installations. Key tenders included NHPC’s 1,200 MW solar and SECI’s 1,200 MW round-the-clock renewables. NTPC launched a 1,200…
DRAIPL secures transmission contract for Rajasthan REZ Phase IV evacuation
Author: PPD Team Date: 29/11/2024 Dineshchandra R Agrawal Infracon Private Limited (DRAPL) has been awarded the contract to act as the Transmission Service Provider (TSP) for the Transmission System for evacuation of power from Rajasthan Renewable Energy Zone (REZ) Phase IV (Part 4: 3.5 GW): Part B. The project will be developed under the Tariff-Based Competitive Bidding (TBCB) process on a Build, Own, Operate, and Transfer (BOOT) basis. REC Power Distribution Company Limited (REC PDCL)…
Sinovoltaics releases Q1 2025 global PV module ranking
Author: PPD Team Date: 10/02/2025 Sinovoltaics’ Q1 2025 global PV Module Manufacturers Ranking shows India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy as the top three. The Altmann Z-score-based ranking covers 63 suppliers, tracking financial health from March 2022 to December 2024. The updated top ten list: Insolation Energy (India) Waaree Renewable Technologies (India) Solex Energy (India) Eterbright (HIWIN) (Taiwan) First Solar (U.S.) Boviet Solar (China) DMEGC Solar (China) Phono Solar (China) ERA Solar…
Acciona to build 225 MW solar plant for Kallpa Generación in Peru
Author: PPD Team Date: 26/11/2024 Acciona has announced plans to construct a 225 MW photovoltaic plant in La Joya, Arequipa, Peru, for the electricity company Kallpa Generación. Spanning 549 hectares, the project will feature 371,040 high-performance bifacial solar panels with advanced technology. The solar farm is expected to generate 611 GWh of clean energy annually, enough to power 547,000 households and reduce CO₂ emissions by 215,000 tonnes each year. The plant will connect to the…