Borosil Renewables Reports Rs. 8.64 Cr Loss in Q3 FY25 Updated On Tue, Feb 18th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables recently announced its financial results for Q3 FY25. The company reported an EBITDA of Rs. 20.89 Cr, a significant decline from Rs. 52.88 Cr in the previous quarter. As a result of the lower EBITDA, Borosil posted a post-tax loss of Rs. 8.64 Cr in Q3 FY25, compared to […] Read more
Solar Glass: Borosil Renewables Halts German Unit To Cut Losses Updated On Fri, Jan 17th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables has implemented its plan to temporarily halt solar glass production at its German plant. The Board of Directors had previously planned this move to reduce losses at the plant due to low demand for solar glass in the European market. Borosil Renewables produces solar glass in Germany through GMB […] Read more
Borosil Renewables Announces Expanding Capacity By 50% Updated On Thu, Jan 9th, 2025 by Saurenergy Indian solar glass manufacturer Borosil Renewables Limited today announced an expansion of 50% of its present capacity in the manufacturing of solar glass, a critical component in the manufacturing of Photo Voltaic solar panels. “The expansion plans, which had been put on hold, are now back on track, after receiving approval from the Company’s Board […] Read more
After A Lull, Borosil Renewables Plans Expanding Production Updated On Thu, Dec 19th, 2024 by Saurenergy After a lull, Indian solar glass company Borosil Renewables has planned to take steps towards increasing its production. This comes after two key steps taken by the Indian government. One is the imposition of Basic Customs Duty (BCD) on solar glass import and another one is the imposition of anti-dumping duties against imports of solar […] Read more
[VIDEO]: Solar Glass Is Breaking In More Different Ways Than Ever. But Why? Updated On Mon, Dec 16th, 2024 by Saurenergy According to the National Renewable Energy Laboratory (#NREL)—a U.S. Department of Energy lab—changes in solar module design and materials are increasing the risk of glass breakage. NREL highlights a new pattern: broken PV module glass with no obvious cause, termed spontaneous breakage. Unlike the usual pattern of hundreds of small cracks, spontaneous breakage often results […] Read more
5 Reasons Solar Customers Await 2025 With Some Trepidation Updated On Fri, Dec 6th, 2024 by Saurenergy 2024 is set to go down as the best year on record for solar in India, with total capacity additions set to cross a record 22 GW during the year. For the financial year (April to March) as well, capacity additions could be even higher, possibly touching 24 GW or more. But behind the record […] Read more
India Imposes Anti-Dumping Duty Against Solar Glass Imports Updated On Thu, Dec 5th, 2024 by Saurenergy India has now imposed an anti-dumping duty against the imports of solar glass in India. The Ministry of Finance issued a gazette notification, announcing imposing the new curbs. The notification from the ministry said that the duties will be imposed against the imports of solar glass from China and Vietnam. The latest notification came to […] Read more
Can Anti-Dumping Duties Change The Fate Of Borosil Renewables? Updated On Mon, Nov 18th, 2024 by Saurenergy A recent investigation report by the Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duties on solar glass. This seemingly opened up a small window of relief for Indian solar glass makers like Borosil Renewables. The company was earlier going all out to halt the alleged dumping of solar glass at […] Read more
Q2: Borosil Renewables’ Exports Accounted For 13% Of Turnover Updated On Tue, Nov 12th, 2024 by Saurenergy Indian solar glass manufacturer Borosil Renewables claimed that the export sales of its solar glass products accounted for 13 percent of its total turnover in the latest quarter (Q2FY25). The company said that the share of its export sales has increased from the preceding quarter (Q1FY25). “Export sales, including those to SEZ customers, amounting to […] Read more
