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Canadian Solar to Set Up 5 GW Solar Wafer Production Facility in Thailand

Solar module manufacturer Canadian Solar announced it is setting up a 5 GW solar photovoltaic wafer production facility in Thailand. Headquartered in Ontario, Canada,...

November 10, 2023

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Staff

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Manufacturing

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Solar
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Companies Shaking Up Indian Solar Market in 1H CY 2023

Mercom’s India Solar Market Leaderboard 1H 2023 has unveiled solar market leaders in the first half (1H) of the calendar year (CY) 2023, with several Indian...

October 26, 2023

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Arjun Joshi

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Mercom Research Focus

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Solar
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MNRE Reiterates Penalties for Flouting Domestic Solar Module Requirement Norms

The Ministry of New and Renewable Energy (MNRE) has reiterated that action will be taken against entities for violation of the domestic content requirement (DCR)...

October 17, 2023

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Rakesh Ranjan

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Markets & Policy

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Solar
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Solar Manufacturer RSOLEC to Build 5 GW Crystal and Wafer Facility in India

Solar manufacturer Renaissance Solar and Electronic Materials (RSOLEC), with operations in India and the United States, has announced it would set up a 5 GW silicon...

October 16, 2023

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Rakesh Ranjan

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Manufacturing

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Solar
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Suniva to Restart Solar Cell Manufacturing in US with 1 GW Capacity

Suniva, a United States-based monocrystalline silicon solar cells manufacturing company, has announced the restart, upgrade and expansion of operations of its solar cell...

October 13, 2023

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Staff

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Manufacturing

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Solar
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Silfab to Build 1.2 GW Solar Module Manufacturing Facility in York County

Silfab Solar, a North American-based solar panel manufacturer, is expanding its presence in the United States by setting up operations in York County, Pennsylvania. With...

September 21, 2023

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Staff

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Markets & Policy

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Solar
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Solar Module-Inverter Pairings for Enhanced Power Generation

The solar industry is rapidly evolving, with larger solar modules that generate over 600 W+ becoming the new standard. Project designs are being upgraded to harness the...

September 21, 2023

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Arjun Joshi

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Inverters & BOS

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Solar
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Europe’s Solar Industry Warns of Bankruptcies Over Cheaper Chinese Imports

The European solar manufacturing industry, represented by SolarPower Europe, has written to the European Commission, highlighting a critical issue regarding the low...

September 13, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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Maharashtra Floats Tender for 100 MW Distributed Solar Power Projects

Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has invited bids for installing and commissioning 100 MW of grid-connected distributed solar...

August 30, 2023

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Rakesh Ranjan

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Solar

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Tenders & Auctions
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Daily News Wrap-Up: Navitas Solar to Set Up Module Manufacturing Facility in the US

Gujarat-based solar module manufacturer Navitas Solar is establishing a 1.2 GW module factory in the United States through a strategic partnership with local entities,...

August 25, 2023

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Mercom India

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Daily Wrap-up
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Canadian Solar’s Net Income Surges 130% YoY With Higher Module Shipments

Solar module maker Canadian Solar‘s net income surged 130% year-over-year (YoY) to $170 million for the second quarter (Q2) of the financial year (FY) 2023, driven...

August 23, 2023

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Arjun Joshi

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Other

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Renewable Energy
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US Concludes Circumvention Inquiries on Solar Products from China

The U.S. Department of Commerce has found that certain Chinese solar manufacturers have been evading antidumping duty (AD) and countervailing duty (CVD) regulations by...

August 21, 2023

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Arjun Joshi

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Markets & Policy

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Solar
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India’s Solar Cell and Module Imports and Exports Rise YoY in Q2 2023

India exported solar cells and modules worth $463.8 million (~₹38.6 billion) in the second quarter (Q2) of calendar year (CY) 2023, a staggering year-over-year (YoY)...

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Increased Module Shipments Push Jinko Solar’s Net Income to $331 Million in Q2

China-based solar cell and module manufacturer Jinko Solar reported a net income of RMB2.41 billion (~$331.38 million) in the second quarter (Q2) of 2023, a considerable...

August 16, 2023

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Rakesh Ranjan

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Finance and M&A

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Solar
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Maxeon Solar Continues to Cut Losses in Q2, Reports 98.2% YoY Improvement

Solar module manufacturer Maxeon Solar Technologies recorded a net loss of $1.51 million during the second quarter (Q2) of the financial year (FY) 2023, an improvement...

August 11, 2023

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Gautamee Hazarika

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Finance and M&A

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Solar

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