Kerala DISCOM to Buy 300 MW of Solar From SECI at ₹2.44/kWh

Kerala DISCOM to Buy 300 MW of Solar From SECI at ₹2.44/kWh

The Kerala State Electricity Regulatory Commission (KSERC), in a recent order, directed the Solar Energy Corporation of India (SECI) to finalize the draft power sale agreement (PSA) for 300 MW ...
/ / Markets & Policy, Solar
BHEL Calls for Detailed Report on Manufacturing Feasibility from Quartz to Solar Modules

BHEL Calls for Detailed Report on Manufacturing Feasibility from Quartz to Solar Modules

Bharat Heavy Electricals Limited (BHEL), an Indian engineering and manufacturing enterprise has invited bids for consulting firms to prepare a detailed project report (DPR) on the solar photovoltaics (PV) manufacturing ...
Meyer Burger Reports a Net Loss of CHF 64.47 Million in 2020

Meyer Burger Reports a Net Loss of CHF 64.47 Million in 2020

Meyer Burger, a Switzerland-based engineering company, has unveiled its plans to enter the U.S. solar market, intending to start solar cell sales in the second half of 2021. In June, ...
/ / Finance and M&A, Solar
ALMM

MNRE Issues First Batch of ALMM Applicable to Solar Bids After April 10, 2021

The Ministry of New and Renewable Energy (MNRE) has issued the list of models and module manufacturers under the Approved List of Models and Manufacturers (ALMM) order. As per the ...
/ / Markets & Policy, Solar
The Time for Backward Integration in Solar Manufacturing Sector Has Come: Interview

The Time for Backward Integration in Solar Manufacturing Sector Has Come: Interview

Domestic manufacturing in the solar sector has always been a sore point in India. The government has taken several policy measures like the imposition of safeguard duty and basic customs ...
Unsigned Power Sale Agreements – A Major Hurdle for Growth in the Solar Sector

Unsigned Power Sale Agreements – A Major Hurdle for Growth in the Solar Sector

The Indian solar industry added just 3.2 GW of solar in 2020 as the market slumped by 56% due to COVID-related disruptions. However, Mercom expects 2021 and 2022 to be ...
/ / Mercom Research Focus, Other
Ground Realities And Market Outlook Amid Rapid Energy Transformation In India

Ground Realities And Market Outlook Amid Rapid Energy Transformation In India

With 38 GW of solar installed, India is one of the leading solar markets in the world. According to Mercom's forecast, 2021 and 2022 could be the two best years ...
/ / Other, Renewable Energy
US-Based Barrel Energy to Set Up Lithium-Ion Battery Manufacturing Facility in India

US-Based Barrel Energy to Set Up Lithium-Ion Battery Manufacturing Facility in India

Barrel Energy, a U.S.-based lithium-ion battery manufacturer, has signed a memorandum of understanding with Hyderabad-based Roshan Energy Technologies to develop and manufacture lithium-ion batteries in India and North America. Barrel ...
/ / Energy Storage
Premier Energies Set to Open a 1.5 GW Solar Manufacturing Facility in Hyderabad

Premier Energies Set to Open a 1.5 GW Solar Manufacturing Facility in Hyderabad

Premier Energies said that it would commission a 1.5 GW solar photovoltaic cell manufacturing facility in the next two months at E-city, Hyderabad, tripling its existing production capacity. The Secunderabad-based ...
/ / Manufacturing, Solar
Budget 2021 Allocates ₹45 Billion For High-Efficiency Solar Modules Manufacturing

Budget 2021 Allocates ₹45 Billion For High-Efficiency Solar Modules Manufacturing

The Union Budget 2021 has allocated exclusive funds to expand renewables, especially solar and green hydrogen. The Budget has elaborated on the production-linked incentive program to help the solar manufacturing ...
/ / Manufacturing, Solar
Changing Wafer Sizes Will Cost Cell and Solar Module Manufacturers

Changing Wafer Sizes Will Cost Cell and Solar Module Manufacturers

The past few years have witnessed significant changes in solar manufacturing with the introduction of new technologies such as half-cut and even triple-cut, passivated emitter, and rear cell (PERC), bifacial, ...
Companies Expect a Phenomenal Year for Electric Vehicles in 2021_ Industry Reacts

Companies Expect a Phenomenal Year for Electric Vehicles in 2021: Industry Reacts

The manufacturing and sales activity were impacted by COVID-19 in the Electric Vehicle (EV) segment in India in the first half of 2020 due to a lengthy lockdown and exodus ...
Convergent Finance Invests ₹2 Billion in Solar Glassmaker Borosil Renewables

Convergent Finance Invests ₹2 Billion in Solar Glassmaker Borosil Renewables

Convergent Finance LLP, a Maharashtra-based investment firm, announced it has invested ₹2 billion ($27.2 million) in solar glassmaker Borosil Renewables through a qualified institutions placement (QIP) of equity shares. In ...
Gujarat University Seeks Turnkey Solutions for a 50 MW Solar Module Manufacturing Unit

Gujarat University Seeks Turnkey Solutions for a 50 MW Solar Module Manufacturing Unit

Gandhinagar-based Pandit Deendayal Petroleum University (PDPU) has invited bids to supply equipment for a 50 MW solar module manufacturing line. The last date to submit the bids is December 23, ...
/ / Solar, Tenders & Auctions
Adani Solar’s Mundra Unit to Expand its Cell and Module Manufacturing Capacity by 2 GW

Adani Solar’s Mundra Unit to Expand its Cell and Module Manufacturing Capacity by 2 GW

Adani Solar plans to expand its cell and module manufacturing facility with an additional capacity building of 2 GW. “The new capacity will come online in 2021. The proposed capacity ...
/ / Modules, Solar
Is Production Linked Incentive the Solution to Boost Domestic Solar Manufacturing_

Is Production Linked Incentive the Solution to Boost Domestic Solar Manufacturing?

The lack of financial and policy incentives to the domestic solar component manufacturing ecosystem is one of the primary factors holding back its growth, according to industry stakeholders. This may ...
/ / Manufacturing, Solar
MNRE to Hold a Conclave to Discuss India's Solar Manufacturing Expansion Plans

MNRE to Hold a Conclave to Discuss India’s Solar Manufacturing Expansion Plans

The Ministry of New and Renewable Energy (MNRE) is hosting a global virtual symposium 'India PV Edge 2020' that would focus on India's solar manufacturing segment on  October 6, 2020 ...
/ / Markets & Policy, Solar
Government Extends Timeline for Localization of EV Components

Government Extends Timeline for Localization of EV Components

The Ministry of Heavy Industries and Public Enterprises (MHIPE) has extended the effective date for the indigenization of xEV parts under its Phased Manufacturing Program (PMP). xEV is the generic ...
Daqo New Energy to Invest $576 in Polysilicon Manufacturing Facilities Through IPO

Daqo New Energy to Invest $576 Million in Polysilicon Manufacturing Facilities Through IPO

Chinese solar photovoltaic (PV) grade polysilicon manufacturer Daqo New Energy Corporation has revealed plans to raise $732 million (~₹53.7 billion) for new polysilicon manufacturing facilities and working capital requirements. In its press ...
/ / Finance and M&A, Solar
Tamil Nadu’s New Electronics Hardware Manufacturing Policy Includes Subsidies for Solar Cells

Tamil Nadu’s New Electronics Hardware Manufacturing Policy Includes Subsidies for Solar Cells

The state of Tamil Nadu has come out with the ‘Electronics Hardware Manufacturing Policy 2020’ to increase the state’s electronic output to $100 billion (~₹7.3 trillion) by 2025. The government ...
/ / Markets & Policy, Solar
ReneSola and Zhongnan Industry to Build a 3 GW Solar PV Manufacturing Unit

ReneSola and Zhongnan Industry to Build a 3 GW Solar PV Manufacturing Unit

ReneSola, a solar module manufacturer, announced that it is entering into a joint venture with the Zhongnan Industry, a subsidiary of Zhongnan Holding Group, to develop a solar PV manufacturing ...
/ / Manufacturing, Solar
Mumbai’s Epsilon Carbon to Invest $70 Million in Battery Material Manufacturing Facility

Mumbai’s Epsilon Carbon to Invest $70 Million in Battery Material Manufacturing Facility

Epsilon Carbon, a coal chemical processing company, announced that it plans to invest $70 million (~₹5.2 billion) over the next five years towards establishing 50,000 tons of anode material manufacturing ...
What it Takes to Ramp Up Solar Manufacturing in India

What it Takes to Ramp Up Solar Manufacturing in India

The Indian solar industry has been dependent on imported solar cells and modules since the inception of the National Solar Mission. The focus so far has been on project development ...
Taiwan’s URE Sells its Solar Manufacturing Unit for $35.3 Million

Taiwan’s URE Sells its Solar Manufacturing Unit for $35.3 Million

United Renewable Energy (URE), a Taiwan-based solar cell and module maker, announced its plans to sell one of its manufacturing units in the country to consolidate its production efforts. It ...
Azure Power Awarded 2 GW of Solar Projects Along With 500 MW of Manufacturing Capacity

Azure Power Receives LoA for 2 GW of Solar Projects With 500 MW of Manufacturing Capacity

Azure Power announced that it has received a letter of award (LoA) for 2 GW of interstate transmission system (ISTS) solar projects under the greenshoe option in the Solar Energy ...