Latest news with #Solarium
Business Standard
11-06-2025
- Business
- Business Standard
Solarium Re-Enters into Manufacturing Solar Modules: latest Technology & 1 GW Capacity
PNN New Delhi [India], June 11: Solarium Green Energy Limited (Solarium), a market leader in rooftop solar projects in India, is planning to re-enter the manufacturing of Solar Modules using the latest technology of fully automated machinery with higher capacity. The facility will be installed with a production capacity of ~1000 MW (megawatt) at Ahmedabad, Gujarat, India, at an estimated project capex cost of ~Rs70 crore + requisite working capital via a mix of debt to equity in a ratio of 3:1. This strategic move is part of the company's backward integration initiative. In EPC projects, solar modules typically account for approximately 50-60% of the total project cost. By setting up an in-house module manufacturing facility, the company aims to mitigate cost volatility, expedite project execution, and secure its supply chain along with improvement in margins. The facility will focus on the production of Crystalline Silicon Solar PV Modules, utilizing advanced technologies such as TOPCon cells, half-cut cells, and bifacial cells using imported tabber-stringers, laminators, and sun simulators to ensure high-quality output and efficiency. Commenting on the strategic move of backward integration and foray into manufacturing, Mr. Ankit Garg, Chairman and Managing Director, Solarium commented, "We are excited to re-enter the manufacturing space and are confident of the synergy this module manufacturing will bring to our supply chain. There are 3 key components in a Solar Plant; Solar Module, Inverter & Structure. At 85% plant utilization, the plant can generate a revenue of Rs.1,000+ crore annually (If Modules get sold in the market). While captive consumption of Modules, by eliminating third-party markups, we expect the gross margin to improve by 5%-8% in the projects where these modules will be used." Additionally, Solarium is also initiating the manufacturing of structures--one of the three core components of a solar plant--at its existing facility in Bavla, Gujarat. This move will further enhance execution capabilities and reduce project timelines. In line with its integrated strategy, Solarium recently announced a collaboration with WattPower Systems Pvt. Ltd. to expand the distribution of high-quality solar inverters across Madhya Pradesh and Maharashtra. The Ahmedabad manufacturing facility is aimed at mitigating supply chain risks arising from trade-related disruptions, geopolitical uncertainties, and price volatility. With the industry's future prospects looking robust on the back of India's solar energy potential to reach about 750 GW by 2047, any additional capacity available post captive consumption will be used to cater the other EPC players/B2B segment by selling the Solar Modules alone. The upcoming in-house manufacturing capacity is expected to strengthen Solarium's bidding capabilities across both B2G and B2B segments, positively influencing its ability to secure a higher volume of orders going forward. This move will also build greater trust with B2C customers through guaranteed quality and reliability. The commercial operation is expected to be commissioned from Q4 of the current FY. About Solarium: Founded in the year 2018, Solarium is a leading provider of turnkey solar solutions, offering a complete range of services such as design, engineering, procurement, testing, installation, commissioning, and full-scale operation and maintenance (O & M), along with a variety of solar products such as PV modules, inverters, and Availability Based Tariff (ABT) meters. The company is founded by first-generation entrepreneurs with 21+ years of combined experience in the solar space. The company is among the market leaders in the residential rooftop projects for the B2C segment in the residential category, with 65+ MW projects executed across 18,000+ homes via in-house sales team and 350+ channel partners. The company also caters to commercial & industrial projects and Government projects with 35+ MW rooftop projects and 30+ MW ground mounted projects executed over the years. Solarium has gained a significant market share by offering comprehensive solar solutions at competitive prices, backed by exceptional execution and high customer satisfaction.
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Business Standard
11-06-2025
- Business
- Business Standard
Solarium Green Energy share hits 5% upper circuit on June 11; here's why
Solarium Green Energy share price: Solarium Green Energy share price rose as much as 5 per cent to hit an upper circuit at ₹389.70 per share on Wednesday, June 11, 2025. At 10:00 AM, Solarium Green Energy share price was trading 3.97 per cent higher at ₹385.90. In comparison, BSE Sensex was trading 0.12 per cent higher at 82,489.08 levels. Why did Solarium Green Energy share price rise today? Shares of Solarium Green Energy surged on Wednesday after the company announced its re-entry into the manufacturing of solar modules, leveraging cutting-edge, fully automated technology. The company revealed plans to establish a 1000 MW solar module production facility in Ahmedabad, Gujarat, at an estimated capital expenditure of ₹70 crore, funded through a 3:1 debt-to-equity mix, along with necessary working capital. The initiative marks a major step in Solarium's backward integration strategy, aiming to enhance control over key components used in its Engineering, Procurement, and Construction (EPC) solar projects. Notably, solar modules account for 50–60 per cent of a typical EPC project cost. By manufacturing these modules in-house, the company expects to mitigate cost volatility, reduce dependency on external suppliers, improve project timelines, and expand profit margins. The facility will produce Crystalline Silicon Solar PV Modules using advanced technologies like TOPCon cells, half-cut cells, and bifacial cells, supported by high-end imported equipment such as tabber-stringers, laminators, and sun simulators. Additionally, Solarium will begin manufacturing mounting structures (approximately 10 per cent of project cost) at its existing Bavla facility in Gujarat, further streamlining its execution capabilities. This vertical integration is designed to shield Solarium from supply chain disruptions, geopolitical risks, and price fluctuations, ensuring timely delivery and cost efficiency across its long-term projects. Surplus manufacturing capacity, beyond internal consumption, may be utilised to supply other EPC players and B2B clients, boosting revenue diversification. The company also aims to strengthen its position in both government (B2G) and business (B2B) segments and expand its presence in the residential market. The new facility is expected to commence commercial operations by Q4 of the current financial year (FY26), with Solarium stressing upon its future-ready, fully automated plant that integrates the latest technological advancements in solar manufacturing. About Solarium Green Energy Founded in 2018, Solarium Green Energy is a provider of end-to-end turnkey solar solutions, offering a comprehensive suite of services including design, engineering, procurement, testing, installation, commissioning, and operation & maintenance (O&M). The company also supplies a diverse range of solar products such as PV modules, inverters, and Availability Based Tariff (ABT) meters. Founded by first-generation entrepreneurs with a combined experience of over 21 years in the solar industry, Solarium Green Energy has rapidly emerged as a market leader, particularly in the residential rooftop (B2C) segment, where it has executed 65+ MW of projects across more than 18,000 homes, supported by a robust in-house sales force and a network of over 350 channel partners. In addition to its strong residential presence, the company has successfully delivered over 35 MW of commercial and industrial rooftop projects and more than 30 MW of ground-mounted solar installations, including government projects.
Yahoo
05-06-2025
- Yahoo
We took my 90-year-old grandparents on a cruise. I learned 6 important lessons for traveling with older relatives.
I took a four-night cruise with my 90-year-old grandparents and learned some valuable lessons. Cruising with grandparents on such a massive ship meant slowing down and prioritizing their needs. Finding quiet spaces and utilizing accessibility services improved our trip. Earlier this year, I cruised aboard Royal Caribbean's Utopia of the Seas with my 90-year-old grandparents, parents, and extended family. Our four-night cruise from Port Canaveral, Florida was planned months in advance — long before my grandpa's unexpected health decline last fall. We were thrilled when his oncologist gave him the green light to sail on our cruise, which is likely to be one of our last family vacations together. Although I had traveled with my grandparents many times before, I hadn't cruised with them recently. I wasn't sure what to expect, but I learned valuable lessons about traveling with elderly family members. undefined Find quieter spaces away from crowds. We prioritized quality time together during this cruise, so we always had breakfast and dinner as a family. Cruise-ship buffets are notoriously busy, especially during peak hours, so it was often difficult to find a table large enough to accommodate our travel group. Instead, we usually had sit-down meals together. The Park Café in Central Park became our go-to spot, as it was quiet and easy for my grandparents to access. We also spent many afternoons in the adults-only Solarium — a peaceful spot on the top deck with floor-to-ceiling windows and stunning ocean views. Conveniently located next to the elevators, this was the perfect space for our family to relax together while still being comfortable for my grandparents. Take advantage of accessibility-friendly services. Royal Caribbean offers services to help those with mobility concerns, and the ones we used made all the difference during our vacation. First, we utilized accessibility assistance for my grandma during embarkation. As our family was hauling our own luggage onboard, we were relieved to have a crew member push my grandma in a wheelchair up the long, inclined gangway. In addition, Royal Caribbean offers complimentary room service for continental breakfast. My grandpa starts every day with a hot cup of coffee, but he wasn't always wanting to leave his stateroom first thing in the morning. So, we used this service to have a carafe of coffee delivered to his stateroom each day. He loved it, and we liked that it saved his energy and minimized unnecessary walking. Choose a balcony cabin. Utopia of the Seas has many different cabins to book, ranging from low-cost inside staterooms to luxurious suites. Although my husband and I decided to save money by booking an interior cabin, my grandparents and parents got balcony rooms next to each other. This was one of the best decisions we made for my grandparents, who didn't always have the energy to venture far from their cabin. Their private balcony served as a comfortable space for them to enjoy ocean views and fresh air without feeling like they were missing out. Don't be pushy. Cruise ships are jam-packed with activities, restaurants, entertainment, and endless ways to stay busy. However, I quickly learned not to push my grandparents to partake in too many of them. For instance, my grandma normally enjoys cruise-ship entertainment, but she said she was too tired after dinner to stay awake for the nightly shows. Instead of pushing her to join us, we listened. Throughout the cruise, we tried to respect their limits, whether that meant calling it an early night or taking an afternoon break. Although slowing down wasn't always easy, it helped keep the trip enjoyable for everyone. Splurge on special experiences. This was a very special cruise considering my grandpa's health scare, and we wanted to celebrate our precious time together. So, we splurged on specialty dining for two evenings. On each of those nights, we visited an onboard restaurant that was quieter and less crowded than the main dining room. The food was better, too. My grandparents said these dinners were the highlight of the cruise. During one of them, my grandpa even gave a tear-jerking toast to the family that I'll always remember. Even with a few minor hiccups, our cruise together was very special and memorable. If our family learned anything over the last year, it's the importance of savoring time with our loved ones. We definitely traveled at a slower pace and had to navigate new layers of logistics throughout the cruise, but the trip was worth it. A cruise with older relatives may not always be action-packed, but the memories we made were priceless. Read the original article on Business Insider
Tom's Guide
05-06-2025
- Tom's Guide
How to watch the Apple WWDC 2025 keynote live — iOS 26, Apple Intelligence and more
Apple's annual developer conference is right around the corner. To see everything announced at WWDC 2025 you'll want to watch the keynote live stream, which kicks off on June 9 at 1 p.m. ET / 10 a.m. PT / 6 p.m. BST. This year's big rumor hints at totally redesigned operating systems across all of Apple's product portfolio. From 'Solarium' and the rebranded iOS 26, to a dedicated gaming app and potential hardware surprises, here's how to watch the WWDC 2025 live stream from anywhere. Apple generally hosts the keynote on its website, where the WWDC 2025 livestream will appear as we get closer to the 10 a.m. PT launch time on Monday, June 9. The WWDC 2025 keynote livestream will also be available on the Apple YouTube channel. Right now you'll find a placeholder for the WWDC 2025 keynote livestream, which you can see above. If you own an Apple TV or have a device like the iPhone which features the Apple TV app, you'll also be able to watch the WWDC 2025 keynote from that device. A keynote live stream will be available in the TV app. Apple's Worldwide Developers Conference is an annual get-together for the people that build the software that run on various Apple devices — everything from phones and tablets to watches and laptops. Apple typically uses the event to preview software releases coming out later in the year, so that developers can update existing apps and build new software that takes advantage of the coming features. Typically, past WWDCs have included hardware announcements, and we might see a couple reveals this year. However, this year's edition sounds like it will be focused on a major design overhaul for iOS and a rebranding of every Apple operating system. Get instant access to breaking news, the hottest reviews, great deals and helpful tips. This year's edition of WWDC runs from June 9 to June 13. The event kicks off on Monday, June 9, with a keynote that begins at 10 a.m. PT/1 p.m. ET/6 p.m. BST. Typically, WWDC is focused on software, but we might see a new Mac Pro equipped with an M4 chip and updated AirPods at WWDC 2025. That said, we believe this year's focus will be unified software interfaces and version numbers across Apple's operating systems. Solarium: A couple of weeks before WWDC 2025, a huge rumor dropped that Apple is giving all of its software an interface overhaul dubbed 'Solarium.' Allegedly, inspired by the visionOS look and feel, Solarium should bring a new frosted glass look to your iPhone, Mac and other Apple devices. Alongside that, Apple is expected to rebrand its operating systems with year-based versions numbers. Goodbye iOS 19, hello iOS 26. This will be done with other software as well including macOS 26 Tahoe, iPadOS 26, watchOS 26, tvOS26 and visionOS 26. It'll be the biggest design update for iPhone software since iOS 7 in 2013. Apple Intelligence: Since WWDC 2024, Apple has openly struggled to implement its version of AI, Apple Intelligence. We haven't heard much about AI going into this year's conference, but we expect it to have a presence. Apple will still push Apple Intelligence, even if it's just announcing features that were promised last year, including a revamped Siri or fine-tuning of features that were already released. Reportedly, Apple will announce a developer tool that will make it easier to implement Apple Intelligence in apps, which might help it become more useful. Hardware surprises: While WWDC is focused on developers and software, it's not unheard for new hardware to make an appearance. New hardware that does show up will be aimed at developers, so we expect that if a new Mac is announced, it will most likely be a Mac Pro probably featuring an M4 chip. One surprise might be a new smart home device that was reportedly delayed in March, a new hybrid HomePod Hub. The Home Hub was allegedly pushed back because of Siri problems. But with changes to Apple's AI team, this device could make a surprise appearance, especially since the Home Hub is supposed to run on a custom homeOS — something Apple likely wants to share with developers. Before WWDC 2024, rumors swirled that Apple would announce an updated Apple TV 4K streaming device, but that did not come to pass. Once again, rumors point to a new Apple TV launching in 2025. With a new OS, and a lack of upgrades since 2022, now might be the time. Lastly, we may not see new AirPods during WWDC 2025, but Apple might make existing ones better with five rumored upgrades coming to the AirPods.
Yahoo
05-06-2025
- Business
- Yahoo
Forget iOS 19 — Apple may change the name of its upcoming iPhone software update
When you buy through links on our articles, Future and its syndication partners may earn a commission. When Apple opens up its WWDC 2025 developers conference in a couple of weeks, we expect to see an interface overhaul of all the software that controls its phones, computers, tablets and wearables. And it may not just be the look of the software that's changing. Along with aesthetic changes, Apple will reportedly rebrand its many operating systems, in an effort to have consistent names across its lineup. That comes from Bloomberg's Mark Gurman, who is reporting that Apple wants to switch to year-based names. That means the iPhone software update we were expecting to be called iOS 19 would instead go by iOS 26 — as in 2026. The rest of Apple's software — iPadOS 26, tvOS 26, watchOS 26, macOS 26 and visionOS 26 — would follow the same pattern. The name changes would accompany a more unified approach to the interfaces of Apple's software. Codenamed Solarium, the refresh is expected to introduce more translucent panels and rounded icons, taking its cues from visionOS on Apple's Vision Pro headset. The idea behind the common look is to deliver a more unified experience across different Apple devices. And that same thinking apparently applies to what the software should be called, too. Currently, the various OSes all have different version numbers — iOS 18, macOS 15 and watchOS 12, to name a few. Under the new system, you wouldn't have to remember what version number a particular OS was on — you'd just have to refer to the year. The potential rebrand is reminiscent of a similar move rival Samsung made in 2020 when it change the Galaxy S line to a launch year naming convention with the Galaxy S20 series. The previous year's devices were the Galaxy S10, the 10th generation of Galaxy S phones. The difference here though is that Apple is using the upcoming year, rather than the launch year. Despite its new operating systems likely launching in September around the release of the iPhone 17, they'll be named for 2026, similar to how car companies label the latest iterations of their vehicles which also tend to launch in the fall. Gurman has a good track record of reporting on Apple developments, so we're inclined to believe that this will be the case in a couple of weeks. That said, Apple has declined to comment on the name change, and allegedly the plan is still in the works. We'll know more about Solarium and the rebranded OSes starting June 9 when Apple has set WWDC 2025 to take place. It should be one of the most important WWDCs in over a decade. iPhone 17 Pro Max just shown off in hands-on video — and there's a big design trade-off iPhone's satellite connectivity could be in trouble — here's why Qualcomm-funded study shows that Apple's C1 modem is slower — but there's a catch
