Local Solar Module Industry To Face Low Import Prices: Borosil’s Kheruka Updated On Tue, Feb 20th, 2024 by Saurenergy The domestic solar module industry will be forced to continue facing ‘unrealistically’ low import prices, said Pradeep M Kheruka, Executive Chairman of Borosil Renewables. Kheruka made these comments during a conference call with institutional investors and analysts which was held on February 08. He further said that the ALMM mechanism remained suspended, keeping the door […] Read more
ALMM Is Back, With Key Exemptions Updated On Sat, Feb 10th, 2024 by Saurenergy The Indian government has tried to strike a balance between key stakeholders with the restoration of the Approved List of Module Manufacturer (ALMM) conditions, albeit with some vital exemptions. In an order dated Feb 9, the Ministry for New and Renewable Energy (MNRE) confirmed that ALMM will be reimposed from April 1, 2024, after being […] Read more
India Exports Solar Modules To 120 Countries, US Biggest Destination Updated On Fri, Feb 9th, 2024 by Saurenergy With a boost in domestic solar module manufacturing capacities, India’s exports to other countries are expanding. Union Minister for New and Renewable Energy RK Singh recently shared the data on exports and imports of solar cells and solar modules from India. The data was shared before the Parliament as a written response from the minister […] Read more
ALMM To Keep Margins Of Solar Module Makers At 12-14% Next Fiscal: CRISIL Updated On Tue, Jan 30th, 2024 by Saurenergy A latest forecast from CRISIL Ratings said that the implementation of the Approved List of Models and Manufacturers (ALMM) from April 1, 2024, is expected to help keep operating margins of domestic module makers strong at 12-14% in fiscal 2025, in line with the level likely this fiscal. Healthy domestic and export demand will help, […] Read more
Revised ALMM List: Eight Solar Module Manufacturers Enlist New Models Updated On Mon, Jan 29th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in its latest revised list of Approved List of Manufacturers and Modules of Solar PV Modules (ALMM) has incorporated numerous new solar module models from eight Indian solar module manufacturers. These included new model enlistment from Gautam Solar, Waaree Energy, Agrawal Renewable, HR Solar Solution, Sahaj Solar, […] Read more
Chinese Solar Module Exports Cross 200 GW in 2023 Updated On Mon, Jan 15th, 2024 by Saurenergy Record high solar installations in 2023 globally have been a bonanza for Chinese module makers and associated firms, with exports expected to end at 200 GW in 2023. Based on data till November, China-based consultancy firm InfoLink Consulting’s placed Asia Pacific in the lead destination for China-made module exports in November, with India leading the […] Read more
China-based Solar N Plus, GCLSI Record Key Solar Wins In India Updated On Wed, Jan 10th, 2024 by Saurenergy Chinese firms, for all the worries on extension of ALMM (Approved Lists of Modles and Manufacturers) exemptions post March 2024, continue to make progress with Indian customers. First up, Solar N Plus New Energy Technology Co., Ltd. (Solar N Plus), a leading manufacturing expert in TOPCon technology and a subsidiary of Lanfeng Bio-chemical Co., Ltd. […] Read more
“We Are Targeting To Achieve Installation Of 10+ GW Quantum by 2030”, Naresh Mansukhani, Juniper Green Energy Updated On Wed, Dec 13th, 2023 by Saurenergy Juniper Green Energy has been in the news for all the right reasons in the recent past, as the firm led by its founder and CEO Naresh Mansukhani, closed a major $350m deal with the AT Capital group and Vitol in September this year. Now part of the AT group, Juniper Green Energy, based out […] Read more
India’s Solar Panel Imports In Last 5 Years- Vietnam, Malaysia Pick Up Slack From China Updated On Fri, Dec 8th, 2023 by Saurenergy The Union Minister for Power and New and Renewable Energy, R.K. Singh recently shared data on solar panel imports into India in the past 5 years. Sourced from the Export Import Data Bank of the Ministry of Commerce, the figures make for interesting reading. For instance, data claimed between 2022-23 and 2023-24 (6 months) even […] Read more
