ALEMAI calls for policy intervention to support domestic aluminium extrusion manufacturers
Amid rising demand from the solar energy sector, the Aluminium Extrusion Manufacturers Association of India (ALEMAI) has urged the government to take urgent policy measures to reduce dependence on imported aluminium extrusions and support domestic manufacturers.
Cabinet approves INR 1,500 crore incentive scheme for critical mineral recycling
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved an INR 1,500 crore incentive scheme to develop recycling capacity in the country for the separation and production of critical minerals from secondary sources.
Bangladesh scraps 5.68 GW of solar
Bangladesh has canceled 5.68 GW of planned solar capacity across 34 projects after developers failed to secure implementation, power purchase or land lease agreements, raising investor concerns over policy stability.
GST on solar cells, modules cut to 5%
India’s Goods and Services Tax (GST) Council has announced a reduction in the GST rate on solar cells—whether or not assembled into modules—from the current 12% to 5%. The revised rates will take effect from September 22.
Waaree Energies enters transformer business with majority acquisition of Kotsons
Kotsons’ UL certifications for dry transformers open significant opportunities for exports to the USA and Canada, aligning with Waaree’s growing international presence.
KP Group partners with AHES, GH2 Solar on 100,000 tpa green ammonia facility
KP Group has partnered with GH2 Solar and South Korea’s AHES Co. Ltd. to establish and operate a green ammonia production facility in India with a capacity of 100,000 metric tons per annum.
How smart financing solutions are solar powering the mid-income households
Adopting rooftop solar has never been simpler, with 100% digital, collateral-free loans tailored for middle-income households. From instant, paperless approvals to flexible options like zero-cost EMIs or hybrid plans, the process ensures ease at every step.
Waaree-Backed Solfin enters co-lending tie-up with Japanese Financial Institution
Solfin Sustainable Finance, a solar-focused non-banking finance company (NBFC) backed by Waaree, and Japanese Financial Institution, have entered co-lending partnership to provide working capital finance to solar panel dealers and rooftop solar finance to end consumers.
Ashok Leyland to enter battery manufacturing
Ashok Leyland will develop and manufacture batteries for EVs and energy storage systems in partnership with China’s CALB Group.
GH2 Solar to set up electrolyzer factory in joint venture with Korea’s AHES Ltd
GH2 Solar Ltd will establish a green hydrogen electrolyzer manufacturing facility in Gwalior, Madhya Pradesh, through a joint venture with South Korea-based Advanced Hydrogen Energy Solutions (AHES) Ltd.
