Shakti Pump Secures Land To Setup Solar Cell, Module Manufacturing Facility Updated On Thu, Mar 13th, 2025 by Saurenergy Madhya Pradesh-based solar pump company, Shakti Pumps, has recently secured land for setting up a solar cell and PV module manufacturing facility using wafers as input material. The company announced this development in a regulatory filing, stating, “Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 113 acres of land to our wholly owned subsidiary, […] Read more
MNRE: Solar Cells Made With ‘Blue Wafers’ Won’t Qualify As DCR Updated On Tue, Mar 11th, 2025 by Saurenergy In a latest move, the Ministry of New and Renewable Energy (MNRE) clarified that domestically manufactured solar cells which are produced using ‘blue wafers’ would not qualify under Domestic Content Requirement (DCR) norms. The ministry issued a formal notification today in this regard. Blue Wafers refer to diffused wafers, usually imported in India from other […] Read more
India’s Solar Cell Supplies To Trail Demand Till FY27, Finds Study Updated On Thu, Mar 6th, 2025 by Saurenergy India has recently witnessed a surge in solar capacity additions, which is estimated to double to 30 GW in FY25, according to an SBI Caps report. This increase in capacity additions is expected to continue improving in FY26 and FY27, further accelerating module demand. The rooftop solar sector is also anticipated to see significant growth, […] Read more
ES Foundry to Supply 300MW of US-Made Solar Cells to Bila Solar Updated On Tue, Feb 25th, 2025 by Saurenergy ES Foundry, an American company advancing U.S. solar by onshoring crystalline solar cell production, today announced a multi-year agreement to supply 300 megawatts (MWs) of high-performance, U.S.-made solar cells to Bila Solar, a domestic solar module manufacturer. The solar cells will be made in Greenwood, South Carolina. This strategic partnership between ES Foundry and Bila […] Read more
Saatvik Solar Initiates Works To Commence Solar Cell Production Updated On Thu, Feb 20th, 2025 by Saurenergy Indian solar module manufacturer Saatvik Solar has commenced work on establishing its own solar cell production line in Odisha. The company had earlier announced plans to begin solar cell manufacturing in the state to strengthen its vertical integration. Additionally, the Ambala-based firm has submitted its Draft Red Herring Prospectus (DRHP) to launch an IPO and […] Read more
Government Confirms 25 GW Solar Cell Capacity Among Nine Firms In India Updated On Thu, Feb 13th, 2025 by Saurenergy India at present has around 25 GW of installed solar PV cell manufacturing capacity, according to the Solar PV Manufacturers Associations, the All India Solar Industries Association (AISIA) and the North India Module Manufacturer Association (NIMMA). The data was shared by Pralhad Joshi, the minister of New and Renewable Energy And Consumer Affairs & Food […] Read more
Gautam Solar Establishes Its New Module Plant At Bhiwani Updated On Mon, Feb 10th, 2025 by Saurenergy Indian solar module manufacturer Gautam Solar today announced the establishment of its new solar module manufacturing plant at Bhiwani in Haryana. The firm said that in a record time of one year, it successfully established its new solar module manufacturing plant from land acquisition to full-scale operations. This facility spans over 60 acres and is […] Read more
India’s Solar Cell Capacity To Cross 50 GW By 2027: Crisil Updated On Thu, Feb 6th, 2025 by Saurenergy India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, a study by Crisil Ratings said. The expansion will entail a capital expenditure (capex) of Rs 28,000-30,000 […] Read more
BUDGET: FM Proposes Amending Duties For Solar Cells, Modules Updated On Sat, Feb 1st, 2025 by Saurenergy Union Finance Minister Nirmala Sitharaman today presented the Union Budget 2025. Although the minister did not explicitly use the word ‘renewable’ in her speech or announce any scheme or support for the sector exclusively, the finer details of the budget document revealed some changes. The budget documents revealed that the government has decided to amend […] Read more
