solar-modules

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Unverified DCR Solar Modules Won’t be Accepted in Government Programs

The Ministry of New and Renewable Energy (MNRE) has mandated that all domestic solar cell and module manufacturers file all data on the Domestic Content Requirement...

November 12, 2024

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Tina Freese

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Markets & Policy

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Solar
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MNRE Clarifies Applicability of ALMM Order for Open Access Solar Projects

The Ministry of New and Renewable Energy (MNRE) has clarified that the Approved List of Models and Manufacturers (ALMM) Order will not apply to open access and...

October 14, 2024

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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Manufacturers Seek ALMM-Type Mandate for Solar Ancillary Components

Indian solar ancillary component manufacturers have urged the Ministry of New and Renewable Energy (MNRE) to mandate the use of domestically manufactured solar...

September 27, 2024

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B.S. Nagaraj

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Manufacturing

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Markets & Policy

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Modules

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Solar
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Waaree Energies Gets SEBI Nod for ₹30 Billion IPO  

Mumbai-based manufacturer of solar PV modules Waaree Energies has received approval from the Securities and Exchange Board of India (SEBI) to float its initial public...

September 24, 2024

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Tina Freese

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Finance and M&A

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Solar

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Uncategorized
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Project Developers Voice Concerns Over Quality of Domestic Solar Modules

The pace of energy transition is contingent on the steady supply of components necessary for project development. Solar is a major component in India’s goal to...

September 20, 2024

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Tina Freese

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: India’s Solar Cell and Module Imports Drop Sharply in Q4

India imported solar cells and modules worth over $774.9 million (~₹64.6 billion) in the second quarter of the calendar year 2024, down 16.4% year-over-year, according...

September 11, 2024

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Mercom Staff

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Daily Wrap-up
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India’s Solar Cell and Module Imports Drop Sharply in Q2 2024

India imported solar cells and modules worth over $774.9 million (~₹64.6 billion) in the second quarter (Q2) of the calendar year 2024, down 16.4% year-over-year (YoY),...

September 10, 2024

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Gulam Mustafa

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Mercom Research Focus

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Modules

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Solar
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Gujarat Issues Modules Tender for 500 MW Solar Project

The Gujarat Industries Power Company (GIPCL) has invited bids for the supply of modules for a 500 MW solar project at the Great Rann of Kutch. The last date to submit...

August 23, 2024

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Tina Freese

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Solar

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Tenders & Auctions
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First Solar Q2 Profit Doubles on Higher Module Shipments

U.S.-based First Solar‘s second quarter (Q2) 2024 net income rose 104.8% to touch $349.4 million from $170.6 million last year, primarily driven by higher module...

July 31, 2024

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Arshreet Singh

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Finance and M&A

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Manufacturing

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Solar
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Shortage of India-made Solar Modules Hits Projects with DCR Mandate

India’s ambitious push for solar energy is facing a significant hurdle: a shortage of domestically produced solar modules. Subsidy-supported residential rooftop...

July 11, 2024

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Gautamee Hazarika

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Mercom Research Focus

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Modules

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Solar
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Daily News Wrap-Up: MNRE Portal to Verify DCR Content in Solar Modules

The Ministry of New and Renewable Energy (MNRE) has developed an online portal to ensure the traceability of domestically manufactured solar photovoltaic (PV) cells and...

June 24, 2024

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Mercom Staff

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Daily Wrap-up
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Indian Solar Imports Surge by 148% YoY in Q1 2024

India imported solar cells and modules totaling over $2 billion (~₹167 billion) in the first quarter (Q1) of the calendar year 2024, up 147.5% year-over-year (YoY),...

June 11, 2024

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Urvashi Gupta

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Mercom Research Focus

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Solar
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Solar Glass Maker Borosil Swings to Loss on Higher Expenses

Solar glass manufacturer Borosil Renewables slipped into a net loss of ₹133.7 million (~$16.5 million) in the fourth quarter (Q4) of the financial year (FY) 2024 from a...

May 29, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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MNRE Adds 3.5 GW of New Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 3,508 MW of new solar module capacity. The...

May 27, 2024

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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First Solar’s Thin Film Modules Approved for Use in DCR Solar Projects

The Ministry of New and Renewable Energy (MNRE) has approved the use of thin film solar modules produced at First Solar’s (FS India Solar Ventures) vertically...

May 10, 2024

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Arjun Joshi

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Manufacturing

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Modules

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Solar

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