Global module prices stable-to-soft amid mixed sentiments
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
PM Surya Ghar: Muft Bijli Yojana turns one
The PM Surya Ghar: Muft Bijli Yojana, the world’s largest domestic rooftop solar initiative, is reshaping India’s energy landscape with a bold vision to supply solar power to one crore households by March 2027.
LCOE of grid-scale solar expected to drop 2% globally in 2025
A report from BloombergNEF said fixed-axis solar levelized cost of energy is expected to fall to $0.035/kWh, while battery energy storage LCOE is expected to decrease 11%.
ACME Solar Holdings reassigned A+/Positive credit rating by Crisil
Acme Solar Holdings Ltd has been reassigned ‘Crisil A+/Positive’ rating for its long-term bank loan facilities of INR 200 crore.
India exported solar modules worth $782 million in April-Nov. period of 2024
India exported solar PV modules worth around $782 million in FY 2024-25 till Nov. 2024. The value of exports to USA stood at $756.08 million.
Genus Power’s orderbook crosses INR 31,300 crore
As on Dec. 31, 2024, Genus Power Infrastructures’ total order book (including all special purpose vehicles and GIC platform) stands at about INR 31,302 Crore (net of taxes).
India hits 100 GW of installed solar power capacity
India’s total installed solar capacity stood at 100.33 GW as of Jan. 31, 2025, with 84.10 GW under implementation and an additional 47.49 GW under tendering.
German wholesalers hit by six-figure losses from new solar module scam
Suspected fraudsters are using false identities to claim they are interested in solar modules. The wholesalers typically respond by delivering the requested products, but the scammers never actually pay for their orders. These are not isolated cases, as a clear pattern has emerged.
NTPC secures PPA with Indian Army for solar-hydrogen based microgrid project
NTPC has secured a power purchase agreement (PPA) with Indian Army for sale of power from its solar-hydrogen based microgrid project at Chushul (Ladakh).
Solarium Green Energy IPO opens this week
The price band is fixed at INR 181 – 191 per share and the lot size is 600 equity shares.
