Feasibility of Domestic Solar Manufacturing Initiative and Demand Visibility
The government is pushing for solar manufacturing in India with restrictive and enabling policies. In April this year, the Union Cabinet approved the production-linked incentive (PLI) program for the 'National Program ...
Tariffs of Manufacturing-Linked Solar Projects Reduced to ₹2.54/kWh from ₹2.92/kWh
The tariff of ₹2.92 (~$0.04)/kWh discovered in the manufacturing-linked solar projects auction held in January last year has now been reduced to ₹2.54 (~$0.034)/kWh. Adani Green Energy (AGEL) and Azure ...
Coal India Seeks Equity Partner for a 4 GW Vertically Integrated Solar Module Facility
Coal India Limited (CIL) has invited bids for shortlisting equity partners to set up a 4 GW solar ingot-wafer-cell-module manufacturing facility. CIL plans to associate with the equity partner to ...
First Solar Begins Construction of 3.3 GW Module Manufacturing Facility in Ohio
U.S.-based solar modules manufacturer First Solar has commenced the construction of a 3.3 GW module manufacturing facility in Ohio. The facility will cost $680 million and is scheduled for operations ...
First Solar to Set Up a 3.3 GW Thin Film Solar Module Manufacturing Facility in India
First Solar, a U.S.-based manufacturer of solar modules, announced that it would invest $684 million to set up a new, vertically integrated photovoltaic (PV) thin film solar module manufacturing facility ...
Regulator Allows Odisha’s GRIDCO to Buy 500 MW of Solar from SECI at ₹2.61/kWh
In an important development, the Odisha Electricity Regulatory Commission (OERC) has approved the procurement of 500 MW solar power by GRIDCO from the Solar Energy Corporation of India (SECI). The ...
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 ...
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, 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, ...
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 ...
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
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 ...
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 ...
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 ...
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 ...
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 ...
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
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 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
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, ...
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 ...
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 ...
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 ...
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 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 ...
