Solar Cell

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Saatvik Begins Work on 4.8 GW Solar Cell and 4 GW Module Facility in Odisha

Saatvik Solar Industries, a wholly owned subsidiary of Saatvik Green Energy (SGEL), has commenced construction of its solar cell and module manufacturing facility in...

June 5, 2025

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Staff

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Manufacturing

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Solar
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Jinko, Waaree, LONGi, Trina, Adani Lead Solar Module Supply in 2024

Jinko Solar, Waaree Energies, LONGi Green Energy Technology, Trina Solar, and Adani Solar were the top solar module suppliers in 2024, according to Mercom’s recently...

June 2, 2025

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Prabha P P

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Mercom Research Focus

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Solar
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Solex to Expand Module Manufacturing Capacity by 2.2 GW

Gujarat-based solar module manufacturer Solex Energy has announced an expansion of its 1.5 GW module manufacturing plant in Tadkeshwar, Gujarat, with a new 2.2 GW solar...

April 9, 2025

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Melvin Mathew

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Manufacturing

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Modules

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Solar
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ALMM, Strong Demand Drive India’s Solar Panel Manufacturing Capacity to 25.3 GW in 2024

India added 25.3 GW of solar module capacity and 11.6 GW of solar cell capacity in calendar year (CY) 2024, according to Mercom’s recently released State of Solar...

April 8, 2025

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Melvin Mathew

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Manufacturing

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Mercom Research Focus

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Solar
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Daily News Wrap-Up: Hydroponics Farmer Saves ₹300,000 Yearly with Solar

Various sectors, including agriculture, have realized the benefits of cost savings from switching to solar energy. For a hydroponics farmer, recovering the cost of the...

April 1, 2025

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Mercom Staff

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Daily Wrap-up
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Inox Forays into Solar Manufacturing with 5 GW Module, 2.5 GW Cell Capacity

INOXGFL Group announced its foray into solar manufacturing through Inox Solar, a privately held entity by the promoters. Inox Solar targets an initial capacity of 5 GW...

December 11, 2024

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Arjun Joshi

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Manufacturing

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Solar
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Odisha Greenlights Four Solar Cell and Module Manufacturing Facilities

The Odisha government has approved proposals by five companies to set up solar cell and module manufacturing facilities and a pumped hydro storage project with a total...

November 29, 2024

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Staff

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Manufacturing

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Modules

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Other

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Solar
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MNRE Launches Portal to Verify Domestic Content in Solar Cells and Modules

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

June 21, 2024

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Gautamee Hazarika

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Markets & Policy

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Modules

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Solar
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Waaree to Raise ₹30 Billion via IPO to Fund Solar Module Facility

Mumbai-based solar module manufacturer Waaree Energies has filed draft papers with the market regulator to raise ₹30 billion (~$361 million) in an initial public...

December 29, 2023

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B.S. Nagaraj

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Finance and M&A

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Solar
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Solar Module Maker Silfab Raises $125 Million from ARC Financial

Canada-based solar module manufacturer Silfab Solar has completed the second investment round of $125 million led by ARC Financial Corp, an energy-focused private equity...

March 9, 2023

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Arjun Joshi

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Finance and M&A

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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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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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Daily News Wrap-Up: Over 766,478 EVs Supported Under Phase II of FAME Program

Here are some noteworthy cleantech announcements of the day from around the world: The second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME...

December 26, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Azure Power Signs Agreement to Secure Solar Module Supplies for the Next Four Years

Independent power producer Azure Power Global signed a Module Supply Agreement (MSA) with  Premier Energies Group to procure modules up to 600 MW annually for the next...

June 14, 2022

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Gourav Mishra

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Finance and M&A

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Solar
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Daily News Wrap-Up: Green Hydrogen Company Lhyfe Raises €17 Million

Here are some noteworthy cleantech announcements of the day from around the world: Green hydrogen company Lhyfe raised €17 million (~$19.51 million) from Andera Partners....

February 7, 2022

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Arjun Joshi

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Other

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Renewable Energy

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