solar-module

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India’s Solar Cell and Module Imports Drop 19% in Q3 2024

India’s solar module and cell imports totaled $986.5 million (~₹82.6 billion) in the third quarter (Q3) of the calendar year (CY) 2024, down 19% year-over-year...

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TOYO Acquires Texas Solar Module Facility for 2.5 GW Expansion by 2025

Solar solutions provider TOYO Corporation has acquired Solar Plus Technology Texas, a module manufacturing facility in Houston, Texas. TOYO Solar, a subsidiary of TOYO,...

November 27, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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FREYR to Buy Trina Solar’s 5 GW Solar Module Facility in U.S. for $340 Million

Norway-based FREYR Battery has announced it is acquiring China-headquartered solar photovoltaics company Trina Solar‘s U.S. solar manufacturing assets for $340...

November 8, 2024

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Namratha A Rai

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Finance and M&A

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Manufacturing

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Modules

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Solar
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Insolation Energy Breaks Ground on 3 GW Solar Module Facility in Jaipur

Insolation Green Energy, a wholly owned subsidiary of Insolation Energy, has broken ground on its 3 GW solar PV module facility and a 12,000 MTA aluminum frame plant in...

September 17, 2024

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Gautamee Hazarika

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Manufacturing

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Markets & Policy

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Solar
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MNRE Clarifies Applicability of ALMM Order for Solar Projects

The Ministry of New and Renewable Energy (MNRE) has clarified the applicability of the Approved Models and Manufacturers of Solar Photovoltaic Modules (Requirements for...

May 21, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daily News Wrap-Up: Top Solar Module Mounting Firms in 2023

Goodluck India, Arctech, and GameChange Solar were the top three module mounting structure suppliers to the Indian solar market in the calendar year 2023. Raydean...

May 17, 2024

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Mercom Staff

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Daily Wrap-up
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SJVN’s Subsidiary Invites Bids for 377 MW of Solar Modules

SJVN Green Energy (SGEL), a wholly owned subsidiary of SJVN, has invited bids for the manufacture and supply of solar photovoltaic (PV) modules with a capacity of 376.60...

May 16, 2024

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Arshreet Singh

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Manufacturing

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Solar

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Tenders & Auctions
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Canadian Solar’s Q1 Profits Dip 85% on Lower Module Demand and Prices

Solar module manufacturer Canadian Solar posted a net income of $12.35 million in the first quarter (Q1) of 2024, an 85.25% year-over-year (YoY) drop from $83.71 million...

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Waaree Partners with Ecofy to Solarize 10,000 Household Rooftops

India-based solar module manufacturer Waaree Energies has partnered with Ecofy, a non-banking financial company supported by Eversource Capital, to fund environmentally...

May 8, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daqo Q4 2023 Earnings Fall Amid Crashing Polysilicon Prices

China-based polysilicon manufacturer Daqo New Energy Corporation reported lower revenue and net income in the fourth quarter (Q4) of 2023, as polysilicon prices...

February 29, 2024

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Arshreet Singh

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Finance and M&A
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ALMM Reimposed with Exemptions for Open Access Solar and Projects in Advanced Stages

The Ministry of New and Renewable Energy (MNRE) has notified that the Approved List of Models and Manufacturers regulation will be reimposed from April 1, 2024. However,...

February 9, 2024

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Satish Shetty

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Manufacturing

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Markets & Policy

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Solar
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Waaree to Build 5 GW Solar Module Manufacturing Facility in US

India-based solar module manufacturer Waaree Energies has announced it will build a 5 GW integrated solar cell and module manufacturing facility in Brookshire in the U.S....

December 21, 2023

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Satish Shetty

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Manufacturing

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Modules

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Solar
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China’s Solar Module Production Costs Plunge 42% in 2023

Production costs of solar modules saw a 42% drop in China over the past year, settling at $0.15 per watt, providing Chinese manufacturers with a substantial cost...

December 21, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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First Solar’s Q3 Net Income Surges 446% on Higher Module Prices and Sales in US

U.S.-based solar module manufacturer First Solar recorded a net profit of $268.4 million during the third quarter (Q3) of 2023, a year-over-year (YoY) increase of 445.8%...

November 2, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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AmpIn, Jupiter International to Commission 1.3 GW Solar Module Unit by FY25

AmpIn Energy Transition, an Independent Power Producer (IPP) in India, has announced a joint venture with Jupiter International to set up a facility to manufacture up to...

October 25, 2023

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Gautamee Hazarika

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Manufacturing

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Solar

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