In Short : A government panel has recommended reducing GST on green hydrogen, batteries, and electrolysers from 18% to 5%. The move aims to lower production costs, boost adoption, and support India’s clean energy goals. Backed by industry bodies, the proposal is expected to enhance domestic manufacturing competitiveness and accelerate the transition to sustainable fuels […]
Premier Energies and Nuevosol Energy Announce a Joint Venture for manufacturing Aluminium Frames for Solar Modules – EQ
Premier Energies Limited, an integrated solar cell and module manufacturer, has entered into a joint venture with Hyderabad-based Nuevosol Energy Pvt. Ltd, a leading manufacturer of solar PV mounting structures. The JV aims to manufacture aluminium-based solar module frames and value-added components critical to solar modules. Under the agreement, Premier Energies will hold a majority […]
Waaree Energies Fortifies Manufacturing Through Strategic Transformer and Energy Firm Acquisitions – EQ
In Short : Waaree Energies’ board approved acquiring Kamath Transformers Pvt Ltd for ₹293 crore, and its subsidiary Waaree Forever Energies will buy Green New Delhi Forever Energy Pvt Ltd at ₹1 lakh per share. Both all‑cash deals, funded through internal accruals, are slated to complete in FY26. The acquisitions will expand Waaree’s manufacturing footprint and strengthen […]
Jupiter International Secures ₹500 Crore Funding to Expand Solar Manufacturing – EQ
In Short : Jupiter International has secured ₹500 crore from ValueQuest SCALE Fund and affiliates to expand its solar manufacturing. The funding will boost solar cell capacity to 5.6 GW and add a 2.4 GW module line. This marks ValueQuest’s second investment in Jupiter, raising total backing to ₹800 crore and strengthening India’s renewable energy […]
India’s solar PV module manufacturing capacity to reach 125 GW by 2030 Pralhad Joshi – EQ
In Short : Union Minister Pralhad Joshi announced that India’s solar PV module manufacturing capacity will reach 125 GW by 2030, up from 80 GW. Solar cell capacity will also grow from 25 GW to 40 GW. Government initiatives like the PLI scheme and ALMM support domestic production, strengthening India’s position as a global renewable […]
Reliance Infra appoints industry veterans for strategic expansion in renewable energy manufacturing – EQ
In Short : Reliance Infrastructure is expanding into renewable energy manufacturing with integrated solar and battery production units. To spearhead this initiative, the company appointed industry veterans Ivan Saha as CEO of Renewable Manufacturing and Mushtaque Hussain as CEO of Battery Manufacturing. This strategic move aims to boost India’s clean energy self-sufficiency and accelerate the […]
AI Revolution in Manufacturing: Transforming India into a Global Smart Industry Leader – EQ
In Short : At India Inc On The Move 2025, experts highlighted AI-powered innovation as the key to driving smart and sustainable manufacturing in India. AI integration is set to boost efficiency, reduce waste, and enhance sustainability, positioning India as a global manufacturing leader. The event underscored AI’s transformative role in shaping the industry’s future. […]
Stakeholder Consultation Meeting: Tender for the Manufacturing, Testing, Packing and Forwarding, Supply and Transportation of 260 MWp domestically manufactured Solar PV Modules with domestically manufactured Solar Cells at MP – EQ
A stakeholder’s consultation meeting is being organized in online mode on Monday, 17.02.2025 at 11:00 hrs. The purpose of the meeting is to seek inputs & suggestions from bidders regarding the tender. Please join the meeting on 17-02-2025, 1100 Hours, India Standard Time (UTC+5:30), by clicking on the below link: https://teams.microsoft.com/l/meetup-join/19%3aXTet8N6xkE_6eHvy05IhHjREk102bgbYd2exX2o-3pU1%40thread.tacv2/1739264770176?context=%7b%22Tid%22%3a%22a24b3e19-3a1f-4c61-9f1e-cace38462ab7%22%2c%22Oid%22%3a%225164b124-35cd-46f3-97d9-6f9cc331e98c%22%7d Prospective bidders are required […]
Gautam Solar expands manufacturing capacity with new facility in Haryana – EQ
In Short : Gautam Solar has expanded its manufacturing capacity with the inauguration of a new facility in Haryana. The state-of-the-art plant will enable the company to scale up production of solar modules and cells to meet growing domestic and international demand. This move supports India’s renewable energy ambitions, enhances local manufacturing capabilities, and strengthens […]
U.S. Solar Module Manufacturing Surpasses 50 GW, Marking a Major Clean Energy Milestone – EQ
In Short : The Solar Energy Industries Association (SEIA) announced that the U.S. has surpassed 50 GW in annual solar module manufacturing capacity. This milestone reflects the nation’s growing commitment to domestic solar production, driven by policy support and increasing demand for clean energy. The expansion is expected to strengthen energy security and reduce reliance […]