Policy Stability Vital for Large-Scale Solar Installations
Large-scale projects are the drivers of solar development in India, with a pipeline of approximately 57 GW at the end of the second quarter (Q2) of 2022. For India to ...
Central Electronics Invites Bids for 1.5 Million Multicrystalline Solar Cells
Central Electronics Limited (CEL), a public sector enterprise under the Ministry of Science and Technology, has invited bids for the supply of 1.5 million multicrystalline solar cells of 4.63 W ...
First Solar Records a 99% QoQ Growth in Revenue in Q2 2022
U.S.-based solar modules manufacturer First Solar has recorded a net income of $55.8 million in the second quarter (Q2) of 2022, representing a quarter-over-quarter (QoQ) increase of 99% compared to ...
India Has to Keep Pace With Technological Innovations to Unlock Solar’s Potential
Technological innovations are very important for the growth of the solar sector in the country. We have new technological advancements every two to three years, making incumbent technologies obsolete. India ...
iVOOMi to Invest ₹2 Billion in Electric Two-Wheeler Manufacturing
Electric two-wheeler maker iVOOMi Energy has announced an investment of ₹2 billion (~$25 million) in electric two-wheeler manufacturing and related research and development. The manufacturing facility will come up in ...
Vertical Scaling of Solar Manufacturing Vital to India Meeting its Ambitious Targets
In November 2020, the central government approved the Production-Linked Incentive (PLI) program for ten critical sectors to enhance India's manufacturing capabilities and exports under the Atmanirbhar Bharat initiative. Solar has ...
US Announces $56 Million Funding to Boost Innovation in Solar Manufacturing and Recycling
The Biden-Harris Administration announced $56 million in funding, alongside a new set of initiatives to augment the innovation in solar manufacturing and recycling to make energy more cost-effective and create ...
Diversifying Global Production of Solar Modules Essential for Net-Zero Transition
Ensuring a secure transition to net-zero emissions will require increased efforts to expand and diversify the global production of solar modules, whose global supply chains are currently heavily concentrated in ...
China Adds Nearly 7 GW of Solar Capacity in May 2022
According to a recently published report by the Asia Europe Clean Energy (solar) Advisory (AECEA), China added 6.83 GW of solar capacity in May 2022, an increase of 86% month-over-month ...
Bids Invited to Set up Solar Module, Lithium Battery Manufacturing Units in Bihar
Bihar Renewable Energy Development Agency (BREDA) has invited bids to empanel manufacturers of solar modules, luminaries, and lithium batteries to set up manufacturing and assembly units in the state. The ...
Websol Energy to Set Up a 1.8 GW Solar Cell and Module Manufacturing Plant
Kolkata-based solar cells and modules manufacturer Websol Energy System has approved the issue of 23,80,000 equity shares of ₹10 (~$0.126) each at an issue price of ₹105 (~$1.329). The shares ...
President Biden Waives Duties on Solar Module Imports from Southeast Asia for Two Years
President Joe Biden has announced a 24-month duty exemption on solar modules and cells imported from Cambodia, Malaysia, Thailand, and Vietnam to ensure that the domestic solar industry has access ...
Ministry to Expedite Setting up of Renewable Energy Equipment Manufacturing Zones
The Ministry of Power has amended the expression of interest issued in April to set up manufacturing zones for power and renewable energy equipment. As per the amendments, after approval ...
Sembcorp to Power Saint-Gobain’s Facilities With Wind-Solar Hybrid Energy
Saint-Gobain India and Sembcorp Green Infra's subsidiary Green Infra Wind Energy have signed a long-term energy supply agreement under which Sembcorp will install a 33 MW captive wind-solar hybrid project ...
New Laser Technique to Reduce Amount of Silver in Solar Modules
Scientists at the Fraunhofer Institute of Solar Energy (ISE) have developed a new laser technique to reduce the amount of silver used in the production of solar panels and achieve ...
Ministry Invites Proposals to Establish Renewable Energy Equipment Manufacturing Zones
The Ministry of Power and the Ministry of New and Renewable Energy (MNRE) have issued an expression of interest (EoI) from state governments and special purpose vehicles (SPV) in partnership ...
Solar Cell Manufacturer Jupiter Raises ₹1.7 Billion from Edelweiss Group
Solar cell manufacturer Jupiter International raised ₹1.7 billion (~$22.19 million) from funds managed by Edelweiss Alternative Asset Advisors (EAAA). The capital raised includes debt and a convertible to equity instrument ...
Daily News Wrap-Up: Sungrow Adds 10 GW Solar Inverter Manufacturing Facility in India
Here are some noteworthy cleantech announcements of the day from around the world: Sungrow, a solar inverter supplier, inaugurated a 10 GW manufacturing facility in New Delhi. The company also ...
Daily News Wrap-Up: Industry Body Asks for Priority Sector Lending for Solar Manufacturing
Here are some noteworthy cleantech announcements of the day from around the world: In a press note, the All-India Solar Industries Association (AISIA), the domestic solar manufacturing association, has asked ...
Solar Module Manufacturing PLI Auction Winners List Updated – Jindal Out, Adani In
The Indian Renewable Energy Development Agency (IREDA) has announced an updated list of successful bidders for setting up manufacturing capacities for a minimum of 10 GW of vertically-integrated high-efficiency solar ...
Tariffs, Tax Breaks, & Incentives: Solar Sector Has Big Expectations from Budget 2022
India is looking at some large capacity additions in the years ahead to reach the target of 300 GW of solar by 2030. The country’s cumulative installed solar capacity at ...
India’s Solar Industry is Betting BIG on 2022
[playht_player width="100%" height="90px" voice="en-US-AriaNeural"] The challenges during the year notwithstanding, 2021 turned out to be one of the better years for the Indian solar industry. The outlook for 2022 looks ...
Growth of Domestic Solar Manufacturing Hindered by Global Supply Chain Disruptions
The Indian government has come up with several initiatives to encourage domestic solar manufacturing. In April this year, the Union Cabinet approved the production-linked incentive (PLI) program to push gigawatt-scale manufacturing of ...
Jindal, Shirdi Sai, and Reliance Win IREDA’s Solar Module Manufacturing PLI Auction
The Indian Renewable Energy Development Agency (IREDA) has announced the list of successful bidders for setting up manufacturing capacities for a minimum of 10 GW of vertically-integrated high-efficiency solar modules ...
Adani Green’s Profits Rise by 61% in Q2 FY 2022 As Solar, Wind Energy Sales Surge
Renewable energy company Adani Green Energy has registered a cash profit of ₹4.01 billion (~$53.51 million) in the second quarter (Q2) of the financial year (FY) 2022, an increase of ...
