TAG: "CareEdge Ratings"

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India’s Solar Manufacturing Boom: Growth Story or Bubble in the Making?

With module capacity far outpacing domestic demand, India must now confront overcapacity head-on while strengthening upstream integration to secure long-term self-reliance and global competitiveness.

CareEdge Ratings | February 26, 2026 | By Mrinmoy Dey | 2842

India’s E-Bus Adoption to Reach 13 Percent by FY28, Says CareEdge Ratings

CareEdge Ratings projects India’s e-bus penetration reaching 13 percent by FY28, driven by GCC contracts, incentives and expanding manufacturing capacity nationwide.

CareEdge Ratings | February 23, 2026 | By EI News Network | 687

ALMM on Solar Cells May Push Tariffs by 40-50 Paise per Unit: CareEdge Ratings

The introduction of ALMM-II for domestic solar cells could temporarily raise the delivered cost of domestic modules by 6-7 cents/Wp, leading to a rise in solar tariffs by 40-50 paise per unit till local cell supply scales up, according to a CareEdge Ratings report.

CareEdge Ratings | December 20, 2024 | By Mrinmoy Dey | 2358

Green Hydrogen: Gaining Traction for India's Energy Transition Amid Challenges

CareEdge Ratings highlights that India's green hydrogen push faces cost and infrastructure challenges. Achieving cost parity with traditional hydrogen requires lower electrolyser prices and higher efficiency. Early adoption is expected in refineries and ammonia production, with significant export potential.

CareEdge Ratings | November 28, 2024 | By EI News Network | 1934

India’s Renewable Energy Installations to Top 35 GW in Two Years, Says CareEdge Ratings

According to CareEdge Ratings, the annual renewable energy (RE) installations is likely to surpass 35 gigawatt over the next two years, primarily supported by a healthy pipeline of more than 100 gigawatt.

CareEdge Ratings | November 21, 2024 | By News Bureau | 1563

India's Lithium-Ion Battery Import Dependency to Drop to 20 Percent by FY27- Report

India's demand for lithium-ion batteries is set to rise significantly, driven by EV adoption and renewable energy storage. Import dependency, currently near 100 percent, is expected to fall to 20 percent by FY27 due to the development of domestic giga-scale battery manufacturing capacities, among other factors.

CareEdge Ratings | November 15, 2024 | By EI News Network | 5480