Manufacturing

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Reliance, ReNew, Tata Power Among Bidders for Solar Module PLI Tranche II

Solar module manufacturers, including Reliance Industries, ReNew Power, and Tata Power, are among the bidders for the second phase (Tranche II) of the Production-Linked...

March 2, 2023

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Arjun Joshi

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Manufacturing

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Solar
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Indian Solar Module Manufacturing Capacity to Reach 95 GW by 2025

India’s solar photovoltaic (PV) module manufacturing capacity exceeded 39 GW at the end of September 2022 and is expected to reach ~95 GW by the end of the...

January 24, 2023

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Arjun Joshi

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Manufacturing

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Mercom Research Focus

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Solar
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India’s Solar Module Manufacturing Ambitions Underpinned by Imported Technology

As India embarks on the journey towards self-sufficiency in manufacturing components needed for solar projects, the enormity of the challenge has become increasingly...

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Power Minister Confirms ALMM Exemption for Solar Projects for Two Years

Confirming the Mercom exclusive from last week, the Union Minister of Power and New and Renewable Energy, R.K. Singh, has said that the government has decided to relax...

February 13, 2023

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Satish Shetty

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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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Shirdi Sai Electricals to Bid for PLI-II, Expand Manufacturing Capacity to 10 GW

With an estimated 220 GW of solar capacity required by the decade’s end to meet the 280 GW goal set by the government, India needs a significant manufacturing...

February 7, 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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Government May Lift ALMM Mandate for Solar Projects by up to Two Years

The government may provide relief to solar developers in the country by exempting them from the requirement of procuring solar modules only from the Approved List of...

February 8, 2023

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Satish Shetty

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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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50% of India’s Planned Solar Module Capacity to be in Gujarat

As India prepares to build out its solar module manufacturing capacity, Gujarat has emerged as an overwhelmingly favorite destination for domestic manufacturers,...

February 6, 2023

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Gautamee Hazarika

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Manufacturing

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Mercom Research Focus

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Modules

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Solar
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LONGi Plans New 100 GW Wafer and 50 GW Cell Production Capacity

LONGi Green Energy Technology has signed an investment agreement with the local government of Shaanxi province to manufacture 100 GW of monocrystalline silicon wafers...

January 20, 2023

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Arjun Joshi

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Manufacturing

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Solar
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EU’s New Carbon Deal Will Accelerate Exporters’ Transition to Renewables

The members of the European Parliament have reached a deal to implement the Carbon Border Adjustment Mechanism (CBAM) effective 2023, to incentivize non-EU countries to...

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US Clarifies Scope of Anti-Circumvention Probe into Solar Module Imports

The U.S. Department of Commerce (DOC) has clarified the scope of the anti-circumvention investigation, saying that it will allow the import of solar modules assembled in...

December 21, 2022

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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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Adani Starts Construction of its 30,000 MTPA Polysilicon Manufacturing Facility

Adani Enterprises becomes the first company to start the construction of a polysilicon and monosilane manufacturing facility to be constructed in Mundra, Gujarat....

December 16, 2022

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Gautamee Hazarika

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Manufacturing

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Solar
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Silicon Wafer Maker CubicPV to Build 10 GW Mono-Wafer Capacity in US

Silicon Wafer Manufacturer CubicPV said it has been spurred by Inflation Reduction Act (IRA) to build 10 GW of conventional mono-wafer capacity in the United States,...

December 19, 2022

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Gourav Mishra

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Finance and M&A

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Manufacturing

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Solar
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BCD Effect: India’s Solar Imports Down, Exports Surge 642% YoY in Q3 2022

India exported solar cells and modules worth $157 million (~₹12.76 billion) in the third quarter (Q3) of the calendar year (CY) 2022, an increase of 642% year-over-year...

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Rollback of 15% Export Duty on Steel Likely to Push Prices Up

The solar power industry is expecting steel prices to rise but without any substantial impact on the project costs after the Ministry of Finance (Department of Revenue)...

November 21, 2022

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Rakesh Ranjan

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Manufacturing

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Solar
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Smaller Solar Manufacturers are Diving Into EPC Business to Utilize Their Own Modules

Manufacturers see better margins with in-house EPC for small solar projects About 40 small manufacturers have either just started or plan to begin EPC services Small...

November 14, 2022

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Rakesh Ranjan

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Manufacturing

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Mercom Research Focus

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Solar

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