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Daily News Wrap-Up: Hydroponics Farmer Saves ₹300,000 Yearly with Solar

Various sectors, including agriculture, have realized the benefits of cost savings from switching to solar energy. For a hydroponics farmer, recovering the cost of the...

April 1, 2025

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Mercom Staff

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Daily Wrap-up
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Defect Rates in Indian Solar Modules Among the Highest Globally: Report

India, Laos and the U.S. are among the countries with the highest solar module defect rates, exceeding 8%, due to the rapid expansion of manufacturing capacity, which...

February 18, 2025

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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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Inox Forays into Solar Manufacturing with 5 GW Module, 2.5 GW Cell Capacity

INOXGFL Group announced its foray into solar manufacturing through Inox Solar, a privately held entity by the promoters. Inox Solar targets an initial capacity of 5 GW...

December 11, 2024

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Arjun Joshi

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Manufacturing

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Solar
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Odisha Greenlights Four Solar Cell and Module Manufacturing Facilities

The Odisha government has approved proposals by five companies to set up solar cell and module manufacturing facilities and a pumped hydro storage project with a total...

November 29, 2024

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Staff

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Manufacturing

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Modules

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Other

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Solar
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JinkoSolar’s Revenue Drops 21.6% YoY in Q2 2024 on Lower Module Prices

China-headquartered solar cell and module manufacturer JinkoSolar‘s revenue dropped 21.6% year-over-year (YoY) to RMB24.05 billion (~$3.31 billion) in the second...

September 2, 2024

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B.S. Nagaraj

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Finance and M&A

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Modules

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Solar
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MNRE Launches Portal to Verify Domestic Content in Solar Cells and Modules

The Ministry of New & Renewable Energy (MNRE) has developed an online portal to ensure the traceability of domestically manufactured solar photovoltaic (PV) cells...

June 21, 2024

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Gautamee Hazarika

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Markets & Policy

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Modules

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Solar
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Waaree to Raise ₹30 Billion via IPO to Fund Solar Module Facility

Mumbai-based solar module manufacturer Waaree Energies has filed draft papers with the market regulator to raise ₹30 billion (~$361 million) in an initial public...

December 29, 2023

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B.S. Nagaraj

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Finance and M&A

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Solar
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Researchers Power Photo–Battery with Multi-Junction Organic Solar Cell

A team of scientists at the University of Freiburg’s Cluster of Excellence Living, Adaptive, and Energy-Autonomous Materials Systems and the University of Ulm...

November 23, 2023

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Staff

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Solar

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Technology
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China to Dominate 80% of Global Solar Manufacturing Capacity Until 2026

With an investment of $130 billion in the solar industry this year, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing...

November 15, 2023

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Staff

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Manufacturing

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Markets & Policy

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Solar
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Huasun Claims Record 750.54W Power Output in HJT Solar Modules

Chinese solar manufacturer Huasun has claimed to set a new benchmark in power output for heterojunction (HJT) photovoltaic modules by achieving a power output of 750....

November 14, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Canadian Solar to Set Up 5 GW Solar Wafer Production Facility in Thailand

Solar module manufacturer Canadian Solar announced it is setting up a 5 GW solar photovoltaic wafer production facility in Thailand. Headquartered in Ontario, Canada,...

November 10, 2023

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Staff

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Manufacturing

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Solar
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AmpIn, Jupiter International to Commission 1.3 GW Solar Module Unit by FY25

AmpIn Energy Transition, an Independent Power Producer (IPP) in India, has announced a joint venture with Jupiter International to set up a facility to manufacture up to...

October 25, 2023

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Gautamee Hazarika

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Manufacturing

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Solar
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Daily News Wrap-Up:  Bidding Calendar Issued for 50 GW of Solar, Wind, RTC Projects in FY24

The Ministry of New & Renewable Energy (MNRE) has issued an agency-wise bidding calendar for 50 GW of renewable energy projects for the current financial year (FY...

April 26, 2023

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Mercom Staff

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Daily Wrap-up
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Hyundai Motor and SK ON to Invest $5 Billion for EV Battery Plant in US

Hyundai Motor Group said it will form a 50:50 joint venture with EV battery maker SK On to invest $5 billion in an electric vehicle (EV) battery cell production facility...

April 25, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Solar Module Maker Silfab Raises $125 Million from ARC Financial

Canada-based solar module manufacturer Silfab Solar has completed the second investment round of $125 million led by ARC Financial Corp, an energy-focused private equity...

March 9, 2023

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Arjun Joshi

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Finance and M&A

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Solar

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