Saatvik Green Energy Limited has announced that its material subsidiary, Saatvik Solar Industries Private Limited, has secured a domestic order worth Rs 138 crore for the supply of solar photovoltaic (PV) modules. The order has been awarded by a reputed independent power producer/EPC player and is scheduled to be executed by December 2026. The latest…
Solex Energy Limited has secured a work order worth Rs 628.37 crore from a global renewable energy group for the supply of solar photovoltaic (PV) modules. According to the company, the order covers the supply of N-Type TOPCon G12R Glass-to-Glass solar PV modules rated at 615 Wp and 620 Wp. The contract is valued at…
Insolation Energy Limited has announced that its wholly owned subsidiary, Insolation Green Energy Private Limited, has secured a Rs 558.29 crore contract from NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC Limited, for the supply of solar photovoltaic (PV) modules. According to the company’s regulatory filing, the contract is domestic in nature and…
The Ministry of New and Renewable Energy (MNRE) has revised the Approved List of Models and Manufacturers (ALMM) for solar PV modules, adding four new manufacturing facilities, approving multiple capacity expansions and including new module models across existing manufacturers. The latest revision marks the first-time enlistment of manufacturing facilities of Cosmic PV Power, Solarium Green…
The Ministry of New and Renewable Energy (MNRE) has issued an Office Memorandum introducing relaxed provisions for the inclusion of higher wattage solar photovoltaic (PV) modules in the Approved List of Models and Manufacturers (ALMM), subject to specified conditions. Under the revised guidelines, solar PV module manufacturers may enlist higher wattage models with up to…
Insolation Energy Limited reported audited financial results for the fourth quarter and financial year ended March 31, 2026, recording strong growth in revenue, profitability, and manufacturing capacity expansion. Revenue from operations for FY26 rose 61.02% year-on-year (YoY) to Rs 2,163.52 crore from Rs 1,343.62 crore in FY25. Net profit increased 59.75% to Rs 200.63 crore,…
Saatvik Solar Industries Private Limited, a material subsidiary of Saatvik Green Energy Limited, disclosed three separate orders totalling Rs 666.74 crore in filings to BSE and the National Stock Exchange of India on March 27. The largest of the three is a domestic order worth Rs 638.26 crore for the supply of Solar Cell G12…
The Ministry of New and Renewable Energy (MNRE) has issued an updated Approved List of Models and Manufacturers (ALMM) for solar photovoltaic (PV) modules on 19 September 2025, adding new modules and correcting earlier records. The update includes enlistments for Avaada Energy, Ksolare Energy, FS Green Energies, Loom Solar, Cosmic PV Power, and Rajratan Ventures…
The Ministry of New and Renewable Energy (MNRE) has released guidelines and FAQs to standardise the approval process for solar photovoltaic (SPV) modules under the Solar Systems, Devices and Components Goods Order, 2025. Published on August 13, 2025, the document outlines the procedure for defining product families, testing protocols, and marking rules for modules. A…
The Ministry of New and Renewable Energy (MNRE) has updated its guidelines for listing co-branded solar photovoltaic (PV) modules under the Approved Models and Manufacturers (ALMM) Order, 2019. The amendments introduce expanded eligibility, longer validity, and stricter transparency norms. Under the revised framework, co-branding is now allowed in two cases. In Case I, both the…