Solar Module Manufacturers in Asia Account of 92% of the Global Production: Report

Solar Module Manufacturers in Asia Account of 92% of the Global Production: Report

In its latest report, Fraunhofer Institute for Solar Energy Systems (ISE) has stated that manufacturers in Asia accounted for 92% (over 130 GW) of global solar module production in 2020, ...
/ / Manufacturing, Solar
Tata Power to Install a 10 MW Captive Solar Project for CEAT Tires

Tata Power to Install a 10 MW Captive Solar Project for CEAT Tyres

CEAT, a multinational tyre manufacturing company, has engaged Tata Power to develop a 10 MW captive solar project at Tata Power’s Solapur site in Maharashtra. CEAT will procure electricity from ...
/ / Markets & Policy, Solar
Can Solar Developers Take Advantage of Duty-Free Period Ahead

Can Solar Developers Take Advantage of Duty-Free Period Ahead?

Solar developers in India are facing two important dates - the safeguard duty (15%) set to end on July 29, 2021, and the basic customs duty (BCD) of 40% on ...
BHEL Invites Bids for a Solar Compact Station for 8 MW Project in Mauritius

BHEL Invites Bids for a Solar Compact Station for 8 MW Project in Mauritius

Bharat Heavy Electricals Limited (BHEL) has invited bids for the supply and commissioning of a solar compact station for an 8 MW project at Tamarind Falls in Henrietta, Mauritius. The ...
_Solar Industry Reacts PLI Program Good for Large Manufacturers; MSMEs Left Out

Solar Industry Reacts: PLI Program Good for Large Manufacturers; MSMEs Left Out

India has launched a performance-linked incentive (PLI) program to support vertically integrated, gigawatt-scale manufacturing of high-efficiency solar modules. The implementing agency – the Indian Renewable Energy Development Agency (IREDA), has ...
Solar Cell & Module Maker Websol Energy Posts Revenue of ₹1.54 Billion in FY 2021

Solar Cell & Module Maker Websol Energy Posts Revenue of ₹1.54 Billion in FY 2021

Kolkata-based manufacturer of solar cells and modules Websol Energy System has announced combined financial results for the fourth quarter (Q4) and the financial year 2021 (FY21). The company reported a ...
/ / Markets & Policy, Solar
Higher Module Prices Raise Cost of Large-Scale, Rooftop Solar Systems in Q1 2021

Higher Module Prices Raise Cost of Large-Scale, Rooftop Solar Systems in Q1 2021

The average cost of large-scale solar projects first quarter of 2021 (Q1 2021) was about ₹36.6 million (~$505,308)/MW, according to Mercom’s recently released Q1 2021 India Solar Market Update. The cost ...
Central Electronics Tenders for 500,000 Multicrystalline Solar Cells

Central Electronics Tenders for 500,000 Multicrystalline Solar Cells

Central Electronics Limited (CEL), a public sector enterprise under the Ministry of Science and Technology, has floated a tender to procure 500,000 multicrystalline solar cells with a wattage capacity of ...
Freight Charges for Solar Module Imports Could Remain High for Six Months or More

Freight Charges for Solar Module Imports Could Remain High for Six Months or More

The Indian solar developers and engineering, procurement, and construction (EPC) service providers have been hit hard by the increase in freight charges and the shortage of raw materials that have ...
LONGi, Jinko, and Adani: Top Solar Module Suppliers to India in 2020

LONGi, Jinko, and Adani: Top Solar Module Suppliers to India in 2020

In the calendar year (CY) 2020, the top ten module suppliers accounted for nearly 68% of the market share. LONGi Solar, Jinko Solar, and Adani Solar were the top three ...
Guidelines for Solar PLI Program 4 GW Manufacturing Capacity Gets Priority Allocation

Guidelines for Solar PLI Program: 4 GW Manufacturing Capacity Gets Priority Allocation

In early April, the Union Cabinet had approved the Ministry of New & Renewable Energy’s (MNRE) proposal for the implementation of the production-linked incentive (PLI) program for the ‘National Program ...
/ / Modules, Solar
Solar Module Prices to Remain High Until Second Half of 2021: Chinese Manufacturers

Solar Module Prices to Remain High Until Second Half of 2021: Chinese Manufacturers

Two leading Chinese manufacturers have said that the spiraling prices of raw materials like glass, polysilicon, and silver since the second half of 2020 have led to a sharp increase ...
/ / Markets & Policy, Solar
Here are the Details for Bidding Under Solar Production-Linked Incentive Program

Here are the Details for Bidding Under Solar Production-Linked Incentive Program

The government's approval for the Production Linked Incentive (PLI) program under the 'National Program on High-Efficiency Solar PV (Photovoltaic) Modules' has been widely welcomed by the solar industry. The PLI ...
/ / Markets & Policy, Solar
Backward Integration Vital to Build Manufacturing Capacity in Indian Solar Sector

Backward Integration Vital to Build Manufacturing Capacity in Indian Solar Sector

Supply chain constraints and the consequent increase in solar cell and module prices could continue to plague the solar industry in India for the next three to four quarters. At ...
/ / Markets & Policy, Solar
Transmission Infrastructure Crucial to Support Growing Solar Capacity

Transmission Infrastructure Crucial to Support Growing Solar Capacity

The pandemic was just one of the issues that pushed the solar back last year. The industry faced several other impediments coming in the way of project development. One of ...
/ / Grid, T&D
Production-Linked Incentive Program for Solar Cells and Modules Approved

Production-Linked Incentive Program for Solar Cells and Modules Approved

The Union Cabinet has approved the Ministry of New & Renewable Energy's (MNRE) proposal for the implementation of the Production Linked Incentive (PLI) program for the 'National Program on High-Efficiency ...
/ / Modules, Solar
Tata Power Solar Doubles Cells, Modules Manufacturing Capacity to 1,100 MW

Tata Power Solar Doubles Cells, Modules Manufacturing Capacity to 1,100 MW

Tata Power Solar has announced the expansion of its manufacturing unit in Bengaluru, taking the total production capacity of cells and modules to 1,100 MW. The latest expansion move has ...
/ / Manufacturing, Modules, Solar
BHEL Floats Tender for Mono PERC and Multicrystalline Solar Cells

BHEL Floats Tender for Mono PERC and Multicrystalline Solar Cells

Bharat Heavy Electricals Limited (BHEL) has invited bids for the supply of 18,000 monocrystalline passivated emitter and rear cell (PERC) cells, 5BB (busbars) of 5.62 W output and 18,000 multicrystalline ...
Module Supplier Canadian Solar Reports 8.6% Rise in Net Revenue in 2020

Module Supplier Canadian Solar Reports 8.6% Rise in Net Revenue in 2020

Canadian Solar, a Canada-based solar module manufacturer, reported an 8.6% increase in net revenue with $3.47 billion in 2020 compared to $3.20 billion in 2019 owing to a 32% annual ...
/ / Finance and M&A, Solar
_Daily News Wrap-Up_ UK’s Cumulative Solar Installations Reach 13.5 GW

Daily News Wrap-Up: UK’s Cumulative Solar Installations Reach 13.5 GW

Here are some noteworthy cleantech announcements of the day from around the world: The United Kingdom added 12.6 MW of solar capacity in January 2021, according to the Department for Business, Energy, ...
/ / Other, Renewable Energy
First Solar Reports 34% Year-Over-Year Slide in Net Sales in Q4 2020

First Solar Reports 56% Year-Over-Year Slide in Net Sales in Q4 2020

U.S.-based solar module maker First Solar has announced that its net sales in the fourth quarter of 2020 (Q4 2020) stood at $609.2 million, down 56% from about $1.4 billion in ...
Utility-Solar System Costs Fell 82% in the Last Decade in the United States_ Report

Utility-Solar System Costs Fell 82% in the Last Decade in the United States: Report

Residential, commercial-rooftop, and utility-scale solar systems have witnessed a 64%, 69%, and 82% decline in costs since 2010, respectively, in the United States, the National Renewable Energy Laboratory (NREL) has ...
/ / Markets & Policy, Solar
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
IIT Bombay and BHEL to Develop High-Efficiency Solar Cells

IIT Bombay and BHEL to Develop High-Efficiency Solar Cells

Researchers at the National Center for Photovoltaic Research and Education (NCPRE) at IIT Bombay are developing crystalline silicon solar cells with targeted efficiency of 22%. Passivated Emitter and Rear Cell ...
/ / Solar, Technology
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