Manufacturing

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FREYR to Buy Trina Solar’s 5 GW Solar Module Facility in U.S. for $340 Million

Norway-based FREYR Battery has announced it is acquiring China-headquartered solar photovoltaics company Trina Solar‘s U.S. solar manufacturing assets for $340...

November 8, 2024

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Namratha A Rai

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Finance and M&A

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Manufacturing

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Modules

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Solar
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First Solar Revenue Falls Short in Q3, Revises 2024 Guidance Amid Sector Pressures

U.S.-based solar module manufacturer First Solar announced its financial results for the third quarter (Q3) ended September 30, 2024, revealing a mixed performance amid...

October 31, 2024

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Gautamee Hazarika

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Manufacturing

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Solar
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MNRE Adds 2.09 GW of Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 2,094 MW of solar module capacity. The...

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Robust Solar Project Pipeline Drives India’s Module Manufacturing Capacity

India added 11.3 GW of solar modules and 2 GW of cell manufacturing capacity in the first half (1H) of 2024, according to Mercom India’s recently released research...

October 8, 2024

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Arjun Joshi

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Manufacturing

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Mercom Research Focus

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Solar
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Alpex Solar to Invest ₹6 Billion in 1.6 GW Solar Cell Manufacturing Facility

Greater Noida-based solar module manufacturer Alpex Solar has announced it is investing ₹6.42 billion (~$73.4 million) to set up a 1.6 GW solar cell manufacturing...

October 3, 2024

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Gautamee Hazarika

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Manufacturing

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Solar
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Manufacturers Seek ALMM-Type Mandate for Solar Ancillary Components

Indian solar ancillary component manufacturers have urged the Ministry of New and Renewable Energy (MNRE) to mandate the use of domestically manufactured solar...

September 27, 2024

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B.S. Nagaraj

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Manufacturing

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Markets & Policy

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Modules

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Solar
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Gautam Solar Ventures into Solar Cell Manufacturing with ₹10 Billion Investment

New Delhi-based solar module manufacturer Gautam Solar has announced a foray into solar cell manufacturing by investing ₹10 billion (~$119.4 million) in a 2 GW solar...

September 18, 2024

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Gautamee Hazarika

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Manufacturing

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Markets & Policy

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Solar
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Insolation Energy Breaks Ground on 3 GW Solar Module Facility in Jaipur

Insolation Green Energy, a wholly owned subsidiary of Insolation Energy, has broken ground on its 3 GW solar PV module facility and a 12,000 MTA aluminum frame plant in...

September 17, 2024

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Gautamee Hazarika

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Manufacturing

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Markets & Policy

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Solar
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US Adds 9.4 GW of Solar in Q2, Module Manufacturing Capacity Surges to 31 GW Post IRA

In Q2 2024, 9.4 GW of new solar power capacity was added in the US, a record second quarter. Solar module manufacturing capacity in the U.S. increased by over 10 GW to...

September 11, 2024

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Gautamee Hazarika

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Manufacturing

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Modules

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Solar
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Tata Power Starts 2 GW Solar Cell Production in Tamil Nadu

TP Solar, a subsidiary of Tata Power Renewable Energy, has begun commercial production from its 2 GW solar cell line at the Tirunelveli manufacturing facility in Tamil...

September 10, 2024

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Arjun Joshi

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Manufacturing

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Solar
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Government Proposes ALMM Mandate for Solar Cells by April 2026

The Ministry of New and Renewable Energy (MNRE) has issued a draft amendment to the Approved List of Models and Manufacturers (ALMM) Order to include solar cells in the...

September 9, 2024

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Arjun Joshi

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Manufacturing

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Markets & Policy

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Solar
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Solar Module Manufacturer Premier Energies’ IPO Oversubscribed 74 Times

Telangana-based solar cell and module manufacturer and EPC solutions provider Premier Energies‘ ₹28.30 billion (~$337.4 million) initial public offering (IPO) of...

August 30, 2024

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B.S. Nagaraj

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Manufacturing

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Modules

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Solar

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Technology
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Reliance to Start Solar Module Production at Gujarat Giga-factory by 2024-End

Reliance Industries will commence the production of solar photovoltaic modules at its giga-factory in Gujarat by the end of 2024. The first phase of its integrated solar...

August 30, 2024

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B.S. Nagaraj

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Manufacturing

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Modules

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Solar

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Technology
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Germany-based AXITEC Opens 300 MW Solar Module Plant in Tamil Nadu

Germany-headquartered solar modules and energy storage solutions company AXITEC has launched a 300 MW module manufacturing plant in Tiruvallur, Tamil Nadu. The facility...

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Heliene, Premier Energies to Manufacture Solar Cells in the U.S.

North America-based solar PV module manufacturer Heliene has announced a joint venture with Premier Energies, a manufacturer of solar cells and modules in India, to...

August 1, 2024

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Tina Freese

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Manufacturing

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Modules

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Solar

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