Waaree Energies secures 600 MWp solar module order
Author: PPD Team Date: 26/11/2024
Author: PPD Team Date: 26/11/2024
Waaree Energies Limited has secured an order to supply up to 600 MWp of solar photovoltaic (PV) modules to a leading Indian renewable energy developer.
The delivery of these high-efficiency modules is scheduled to commence in the fiscal year 2025–2026.
Recently, Waaree secured a 180 MWp module supply agreement.
Author: PPD Team Date: 23/01/2025 Polycab India Ltd reported a 12% YoY growth in its wires and cables segment for Q3 FY25. While cable demand remained strong, copper price declines and high channel inventory led to a slowdown in the wires business. The international segment saw a remarkable 62% YoY growth, contributing 8.3% to total revenue. EBIT margins rose by 120 basis points QoQ to 13.5%, driven by normalised wires margins and the international business’…
Author: PPD Team Date: 23/01/2025 Mitsubishi Power, part of Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired gas turbine combined cycle (GTCC) power plant in Thailand. The plant, a joint venture between RATCH Group and Gulf Energy Development, features two advanced M701JAC gas turbines. The second turbine began commercial operations 100km west of Bangkok, following the first turbine’s operational start in March 2024. Mitsubishi Power will continue supporting the plant under a…
Author: PPD Team Date: 22/05/2025 Reliance Power Limited has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI). DHI is the investment arm of the Royal Government of Bhutan. The agreement outlines a 50:50 joint venture between Reliance Power and DHI to develop a 500 MW solar power project in Bhutan. With an estimated investment of up…
Author: PPD Team Date: 25/04/2025 The West Bengal Cabinet has approved a 100 MW solar power project in West Medinipur district. The project will be developed under Phase-II of the 212.5 MW Ramnagar II Solar PV Project. It is located at Goaltore in Garbeta-II Block of West Medinipur. Phase-I of the project, with a capacity of 112.5 MW, has already been commissioned. The estimated cost for Phase-II is Rs 6,800 million. Of this, Rs 2,050…
Author: PPD Team Date: 06/05/2025 Vietnam has officially approved the amended National Power Development Plan VIII (PDP VIII) for the 2021-2030 period, with a long-term vision extending to 2050. This revision, under Decision 768/QD-TTg, replaces the previous version (Decision 500/QD-TTg) and responds to the country’s growing electricity demand and its commitment to achieving net-zero emissions by 2050. The revised plan addresses Vietnam’s rapid economic growth, with the aim to support annual average GDP growth of…
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…
Author: PPD Team Date: 23/01/2025 Polycab India Ltd reported a 12% YoY growth in its wires and cables segment for Q3 FY25. While cable demand remained strong, copper price declines and high channel inventory led to a slowdown in the wires business. The international segment saw a remarkable 62% YoY growth, contributing 8.3% to total revenue. EBIT margins rose by 120 basis points QoQ to 13.5%, driven by normalised wires margins and the international business’…
Author: PPD Team Date: 23/01/2025 Mitsubishi Power, part of Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired gas turbine combined cycle (GTCC) power plant in Thailand. The plant, a joint venture between RATCH Group and Gulf Energy Development, features two advanced M701JAC gas turbines. The second turbine began commercial operations 100km west of Bangkok, following the first turbine’s operational start in March 2024. Mitsubishi Power will continue supporting the plant under a…
Author: PPD Team Date: 22/05/2025 Reliance Power Limited has signed a commercial term sheet for a long-term power purchase agreement (PPA) with Green Digital Private Limited (GDL), a subsidiary of Druk Holding and Investments Limited (DHI). DHI is the investment arm of the Royal Government of Bhutan. The agreement outlines a 50:50 joint venture between Reliance Power and DHI to develop a 500 MW solar power project in Bhutan. With an estimated investment of up…
Author: PPD Team Date: 25/04/2025 The West Bengal Cabinet has approved a 100 MW solar power project in West Medinipur district. The project will be developed under Phase-II of the 212.5 MW Ramnagar II Solar PV Project. It is located at Goaltore in Garbeta-II Block of West Medinipur. Phase-I of the project, with a capacity of 112.5 MW, has already been commissioned. The estimated cost for Phase-II is Rs 6,800 million. Of this, Rs 2,050…
Author: PPD Team Date: 06/05/2025 Vietnam has officially approved the amended National Power Development Plan VIII (PDP VIII) for the 2021-2030 period, with a long-term vision extending to 2050. This revision, under Decision 768/QD-TTg, replaces the previous version (Decision 500/QD-TTg) and responds to the country’s growing electricity demand and its commitment to achieving net-zero emissions by 2050. The revised plan addresses Vietnam’s rapid economic growth, with the aim to support annual average GDP growth of…
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…
Author: PPD Team Date: 23/01/2025 Polycab India Ltd reported a 12% YoY growth in its wires and cables segment for Q3 FY25. While cable demand remained strong, copper price declines and high channel inventory led to a slowdown in the wires business. The international segment saw a remarkable 62% YoY growth, contributing 8.3% to total revenue. EBIT margins rose by 120 basis points QoQ to 13.5%, driven by normalised wires margins and the international business’…
Author: PPD Team Date: 23/01/2025 Mitsubishi Power, part of Mitsubishi Heavy Industries, has completed the 1.4GW Hin Kong natural gas-fired gas turbine combined cycle (GTCC) power plant in Thailand. The plant, a joint venture between RATCH Group and Gulf Energy Development, features two advanced M701JAC gas turbines. The second turbine began commercial operations 100km west of Bangkok, following the first turbine’s operational start in March 2024. Mitsubishi Power will continue supporting the plant under a…