In Short : India’s solar manufacturing capacity is projected to surpass 125 GW by 2025, according to Wood Mackenzie. This rapid expansion is driven by government incentives, policy support, and rising domestic demand. With significant investments in module and cell production, India is positioning itself as a global solar manufacturing hub, reducing import dependence and […]
Alpex Solar Secures ₹260 Crore to Expand Solar Cell, Module, and Aluminium Frame Manufacturing Capacity – EQ
In Short : Alpex Solar Ltd. has raised ₹260.17 crore (~$29.27 million) through a preferential issue of 2,146,600 equity shares and warrants. The funds will support expansion of solar module manufacturing, a 1.6 GW solar cell capacity, and a 12,000 MTPA aluminium frame facility. With a strong order book and EPC projects, Alpex aims to […]
India Achieves Historic Milestone of 100 GW Solar PV Module Manufacturing Capacity under ALMM – EQ
In Short : India has reached a landmark 100 GW solar PV module manufacturing capacity under the Approved List of Models and Manufacturers (ALMM). This achievement marks a significant boost to domestic renewable energy capabilities, reducing import reliance and supporting India’s clean energy targets. The milestone strengthens the country’s position as a global leader in […]
Mahindra Electric expects to double EV sales in FY20 too
Mahindra Electric, a part of the Mahindra group, Tuesday said it expects to continue with the sales momentum of the last fiscal in which it doubled sales on the back of its focus on electric vehicles for fleet operators and three-wheelers. The company, which saw electric vehicles sales grow two-and-a-half times to 10,276 units in […]
