Solar Imports in Q1 2022 Up 374% Year-Over-Year

Solar Imports in Q1 2022 Up 374% Year-Over-Year

India imported solar cells and modules worth $1.23 billion (~₹92.62 billion) in the first quarter (Q1) of the calendar year (CY) 2022, an increase of 374% compared to the same ...
India Needs Just 14 GW to Meet the 60 GW by 2022 Large-Scale Solar Target

India Needs Just 14 GW to Meet the 60 GW Large-Scale Solar Target by 2022

India has installed 45.6 GW of utility-scale solar capacity to date, 14.4 GW shy of meeting the government-set target of installing 60 GW by 2022, according to Mercom’s India Solar ...
LONGi, Jinko, and JA Solar Top the Module Suppliers List in 2021

LONGi, Jinko, and JA Solar Top the Module Suppliers List in 2021

LONGi Solar, Jinko Solar, JA Solar, Adani Solar, and Trina Solar were the leading module suppliers to the Indian solar market in the calendar year (CY) 2021. The three companies ...
Production-Linked Incentive Program for Solar Module Manufacturing Revamped

Production-Linked Incentive Program for Solar Module Manufacturing Revamped

The Ministry of New and Renewable Energy (MNRE) has issued draft guidelines to implement the second phase (Tranche II) of the Production-Linked Incentive (PLI) program under the 'National Program on ...
The Indian Solar Markets’ Top Players in 2021

The Indian Solar Markets’ Top Players in 2021

Mercom India Research has released its latest report, India Solar Market Leaderboard 2022, which reveals the solar industry market leaders for the calendar year 2021. The report features the industry’s leaders, ...
Wacker Group’s Polysilicon Earnings Up 341% YoY in Q1 2022, Sales at €525 Million

Wacker Group’s Polysilicon Earnings Up 341% YoY in Q1 2022, Sales at €525 Million

Wacker Chemie AG, a Munich-based chemical group company, reported total sales of €525 million (~$551.30 million) for its Polysilicon division during the first quarter (Q1) 2022, a growth of 76% ...
First Solar Reports Net Loss of $43.25 Million in Q1 2022 Amid Dip in Module Sales

First Solar Reports Net Loss of $43.25 Million in Q1 2022 Amid Dip in Module Sales

U.S.-based solar modules manufacturer First Solar has recorded a net loss of $43.25 million in the first quarter (Q1) of 2022 representing a quarter-over-quarter (QoQ) decline of 67.07% compared to ...
Solar Module Imports Jump by 210% YoY to 10 GW in the First Quarter Before BCD Takes Effect

Solar Module Imports Jump by 210% YoY to 10 GW in the First Quarter Before BCD Takes Effect

Indian solar developers have procured 9.7 GW of solar modules in the first quarter (Q1) of 2022 and stockpiled them ahead of Basic Customs Duty (BCD) on solar cells and ...
Daily News Wrap-Up: Microsoft to Purchase Power from ATCO Group’s 37 MW Solar Project

Daily News Wrap-Up: Microsoft to Purchase Power from ATCO Group’s 37 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: ATCO Group, through its investment in Canadian Utilities Limited, entered into a 15-year power purchase agreement with ...
/ / Other, Renewable Energy
BHEL Invites Bids for Non-DCR Monocrystalline Solar Modules of 9.3 MW Capacity

BHEL Invites Bids for Non-DCR Monocrystalline Solar Modules of 9.3 MW Capacity

Bharat Heavy Electricals Limited (BHEL) has issued a notice inviting tender (NIT) for the supply of non-domestic content requirement (DCR) monocrystalline solar photovoltaic (PV) modules of 9.3 MW capacity. Only ...
NTPC Invites Bids to Procure 16,000 Solar Modules for Bhadla Solar Project 1139540579

NTPC Invites Bids to Procure 16,000 Solar Modules for Bhadla Solar Project

NTPC Limited has issued a notice inviting a tender (NIT) to procure 15,000 and 1,000 solar modules of 300W for the Bhadla solar project. Only modules enlisted under the Ministry ...
/ / Solar, Tenders & Auctions
Tender Issued for Supply of Modules, Inverters, Batteries, and Mounting Structures in Kerala

Tender Issued for Supply of Modules, Inverters, Batteries, and Mounting Structures in Kerala

Agency for New and Renewable Energy Research and Technology (ANERT) has issued an expression of interest to register original equipment manufacturers (OEM) for supplying modules, solar inverters, batteries, and mounting ...
Daily News Wrap-Up: Torrent Power Completes Acquisition of a 50 MW Solar Project

Daily News Wrap-Up: Torrent Power Completes Acquisition of a 50 MW Solar Project

Here are some noteworthy cleantech announcements of the day from around the world: Torrent Power announced the completion of its acquisition of 100% of the share capital and all securities ...
/ / Other, Renewable Energy
Jinko Solar's Module Shipments Up 93% QoQ in Q4 2021

Jinko Solar’s Module Shipments Up 93% QoQ in Q4 2021

Chinese solar cell and module manufacturer Jinko Solar, in its recently announced financial results, posted a revenue of $2.57 billion in the fourth quarter (Q4) of 2021, a 73.9% year-over-year ...
/ / Finance and M&A, Solar
China Exports 100 GW of Modules, Adds 55 GW of Solar Capacity in 2021

China Exports 100 GW of Modules, Adds 55 GW of Solar Capacity in 2021

The solar industry in China continues to thrive with 55 GW of solar installations in 2021 and module exports surpassing 100 GW, despite the pandemic and various supply chain issues, ...
/ / Markets & Policy, Solar
French Startup CARBON to Set Up Solar Module Gigafactory by 2025

French Startup CARBON to Set Up Solar Module Gigafactory by 2025

French startup CARBON has announced its plans to set up a gigafactory of solar modules in France. The company plans to produce 5 GW of modules by 2025 and then ...
/ / Other, Renewable Energy
Module Manufacturer First Solar Reports 190% QoQ Growth in Net Income in Q4 2021

Module Manufacturer First Solar Reports 190% QoQ Growth in Net Income in Q4 2021

U.S.-based solar modules manufacturer First Solar recorded a net income of $131.37 million in the fourth quarter (Q4) of 2021, representing a quarter-over-quarter (QoQ) growth of 190% compared to the ...
/ / Markets & Policy, Solar
ALMM Inclusion Irks Open Access, Rooftop Solar Installers

ALMM Inclusion Irks Open Access, Rooftop Solar Installers

The Ministry of New and Renewable Energy (MNRE), in its recent order, amended the regulations related to the Approved List of Models and Manufacturers (ALMM) of solar modules, extending it ...
Daily News Wrap-Up: Sify’s Data Centers in Mumbai to be Powered With Green Energy

Daily News Wrap-Up: Sify’s Data Centers in Mumbai to be Powered With Green Energy

Here are some noteworthy cleantech announcements of the day from around the world: Digital information and communications technology solutions provider Sify Technologies announced a major commitment to renewable energy for ...
/ / Other, Renewable Energy
Solar Federation Worried About BCD Impact on Awarded Projects, Asks For ‘Grandfathering’

Solar Federation Worried About BCD Impact on Awarded Projects, Asks for ‘Grandfathering’

In a letter to Union Power Minister R.K. Singh, the National Solar Energy Federation of India (NSEFI) has conveyed their worry about the impact of Basic Customs Duty (BCD) on ...
/ / Other, Renewable Energy
Developers and Manufacturers Weigh in on ALMM and the Solar Demand Supply Gap

Developers and Manufacturers Weigh in on ALMM and the Solar Demand Supply Gap

The Ministry of New and Renewable Energy (MNRE), through its 'Approved List of Models and Manufacturers (ALMM) of Solar Modules Order, 2019'  states that only the models and manufacturers included ...
/ / Mercom Research Focus, Other
Daily News Wrap-Up: India’s Power Demand to Reach 1,650 BU in FY 2023

Daily News Wrap-Up: India’s Power Demand to Reach 1,650 BU in FY 2023

Here are some noteworthy cleantech announcements of the day from around the world: Power Minister R.K. Singh informed the Rajya Sabha that the power requirement in India is expected to ...
/ / Other, Renewable Energy
US Extends Solar Tariffs, Exempts Bifacial Modules and Doubles Import Quota

US Extends Solar Tariffs, Exempts Bifacial Modules and Doubles Import Quota

The Biden administration has extended the Section 201 solar tariffs imposed on the import of crystalline silicon photovoltaic (CSPV) modules for four more years, with several modifications. The decision includes ...
/ / Markets & Policy, Solar
Solar Imports in 2021 Up by 641% YoY, Exports Rose 58%

Solar Imports in 2021 Up by 641% YoY, Exports Rose 58%

In 2021, India imported solar cells and modules worth $3.52 billion (~₹262.6 billion), an increase of 641% compared to 2020. In 2020, the Indian solar sector had imported solar modules ...
/ / Mercom Research Focus, Other
GSECL Issues EPC Tender to Set Up 131 MW of Solar Projects at Multiple Locations in Gujarat

GSECL Issues EPC Tender to Set Up 131 MW of Solar Projects at Multiple Locations in Gujarat

Gujarat State Electricity Corporation Limited (GSECL) has invited bids from engineering, procurement, and construction (EPC) contractors to develop 131 MW of solar projects in the Surendranagar and Morbi districts of ...
/ / Solar, Tenders & Auctions