solar manufacturing

Jupiter To Invest ₹6,500cr For Wafer, Cell & Module Production

Jupiter International, a manufacturer of photovoltaic solar cells and provider of solar power solutions, will be investing ₹6,500 crore over the next three years, in a step to become a fully integrated solar manufacturing leader. The investment will bolster Jupiter’s position in the solar sector by significantly expanding its capacity across wafer production, solar cell […]

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ALMM Update: Waaree Energies Dominates, Tata Power At No.2

The latest details furnished by the Approved List of Models and Manufacturers (ALMM) for solar modules by the Ministry of New and Renewable Energy (MNRE) indicated that Waaree Energies continues to dominate the list with the highest capacity. On the other hand, several module manufacturing companies are following up with their increased expansion plans. This […]

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Waaree Energies Starts Solar Cell Production Trials At Chikhli

Indian solar module manufacturer Waaree Energies today announced the commencement of trials for its solar cell manufacturing operations. These trials have begun at its solar cell factory located in Chikhli, Gujarat. This latest development is expected to enhance the backward integration capacity of the Mumbai-based solar company. Led by Hitesh Doshi, the company plans to […]

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Solar Manufacturing in Bihar? Group Surya Has A Plan

Bhubaneswar, Odisha-based Group Surya has announced plans to invest upto Rs 1000 crores in a solar module and cell-manufacturing plant, besides projects in renewable energy. Founded by Kamlesh Kumar Singh, the group has a diverse range of companies such as Surya International Enterprise Pvt. Ltd and Suryam International Pvt. Ltd. The company also has a […]

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China’s Polysilicon Leaders Announce Production Cuts To Arrest Low Prices

Tongwei Group and Daqo New Energy, two of the world’s largest, and China’s largest producers of solar grade polysilicon materials, have announced a cutback on production of high-purity polysilicon amid falling prices and financial losses. The firms ended H1 of 2024 with significant losses from their operations, and in likelihood, H2 has been no better. […]

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Websol Energy Update-600MW Cell Line At Falta Location

Kolkata based Websol Energy System Limited, one of the oldest solar cell makers in the country, has provided an update on its upcoming 600 MW cell at its FALTA SEZ plant. The firm has informed the stock exchanges that the Company has placed purchase order for equipments and has made advance payments for the said […]

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First Move To Target IRA Incentives Takes Shape In US Congress

In an early indication and test on the impact a Trump Presidency will have on its clean energy ambitions, the US House of representatives has a bi-partisan resolution to consider. The resolution in question proposes suspension of the 45X Advanced Manufacturing Production Tax Credit (PTC) in the US, an incentives that has been a key factor […]

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Saatvik Moves Forward To Issue IPO, Files DRHP With SEBI

Ambala-based solar module manufacturing company Saatvik Solar has now taken its initial formal steps to venture into the stock market. The solar company has now filed its documents with the Securities and Exchange Board of India (SEBI). The firm plans to issue its Initial Public Offering (IPO) to raise a quantum of Rs 1,150 crore.  […]

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Solar Manufacturing Cuts Silicon Use By 88%, Makes Solar Affordable: Report

Globally, solar energy has soared, from 1.22 GW in 2000 to 1,418.97 GW in 2023, with solar manufacturing projected to exceed demand, making solar more affordable. Solar jobs have followed suit, which have surged to 7.1 million, and global capacity is also expected to see gains, reaching 7,203 GW by 2030. The International Solar Alliance […]

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