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SECI issues tender for 400 MW DCR-compliant solar modules in Andhra Pradesh

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The Solar Energy Corporation of India (SECI) has floated a tender to procure 400 MW of Domestic Content Requirement (DCR)-compliant solar modules for a project in Ramagiri, Andhra Pradesh.  The modules must be manufactured, tested, packed, forwarded, supplied, and transported, with deliveries set to begin in October 2025. The bid submission deadline is December 5, 2024. The tender divides the capacity into four 100 MW packages, allowing bidders to apply for one or more packages….

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Waaree Energies secures 180 MWp solar module supply order

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Waaree Energies has secured an order to supply up to 180 MWp of solar modules to a prominent renewable energy developer in India.  Deliveries are set to begin at the end of November 2024 and conclude by the fourth quarter of fiscal year 2025.  This contract underscores Waaree’s role in advancing India’s renewable energy infrastructure.

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Premier Energies’ subsidiaries receive orders worth Rs 5.6 bn

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Premier Energies International and Premier Energies Photovoltaic, subsidiaries of Premier Energies, have received and accepted multiple orders totalling Rs 5.6 billion.  Two large independent power producers (IPPs) and others have awarded the contracts. These orders comprise Rs 5.13 billion for solar modules and Rs 470 million for solar cells.  The supply of these modules will commence in December 2024 and is expected to conclude by May 2025.

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ARCO/Murray to build Boviet Solar’s manufacturing hub in North Carolina

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ARCO/Murray has been selected to construct a solar manufacturing hub for Boviet Solar in North Carolina, USA.  The project, expected to create 900 local jobs, will be executed in two phases to expand solar module and cell production. Phase one, which began in Q3 2024, involves converting an existing 500,000 square-foot facility into a state-of-the-art manufacturing plant for solar modules using Boviet Solar’s technology. The modules will be used in residential, commercial, and utility-scale applications…

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Waaree Energies to launch Rs 36 billion IPO

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Waaree Energies has announced its initial public offering (IPO), set to launch on October 21, 2024. The anchor investor bidding will open on October 18, and the offer will close on October 23. The IPO includes 4.8 million equity shares with a total value of Rs 36 billion. The price band is set between Rs 1,427 and Rs 1,503 per share, with a minimum bid of 9 shares.  Waaree Sustainable Finance Private Limited will offer…

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Saatvik Green wins 200 MW solar module contract from MAHAGENCO

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Saatvik Green Energy has secured a contract with Maharashtra State Power Generation Co. Ltd (MAHAGENCO) to supply 200 MW of n-type TOPCon 580 Wp modules to various locations across Maharashtra. The total value of the order is estimated at INR 30.2 billion. With a module manufacturing capacity of 3.8 GW as of FY24-25, Saatvik is strategically expanding and developing PV modules with advanced zero-busbar and 24-busbar technology. The company is also exploring investments in electrolyser…

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Premier Energies signs MSA with BN Hybrid Power-1 for Rajasthan project

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Premier Energies International Private Limited, a subsidiary of Premier Energies Limited, has entered into a module supply agreement (MSA) with BN Hybrid Power-1 Private Limited, a special purpose vehicle of BrightNight India.  Under this agreement, Premier Energies will supply 173.35 MWp of solar modules featuring Topcon technology for BN Hybrid Power-1’s 300 MW renewable energy project in Barmer, Rajasthan. The supply of these modules is set to begin in July 2025.