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PLI Scheme

US Solar manufacturers raise potential of 30GW mfg capacity for Biden Administration

It seems to be the season for solar manufacturers across countries to expect more. After India, it is the Solar Energy Manufacturing for America (SEMA) Coalition that sent a letter to President Joe Biden requesting the United States President to enact policy solutions basis so that the domestic solar manufacturing can sustain in the long […]

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AISIA rues lack of support from govt, domestic developers for solar manufacturers

Solar manufacturers have highlighted the lack of support from the government and the domestic developers, according to a press note shared by the All India Solar Industries Association (AISIA), the domestic solar manufacturers association, on Wednesday. It added that even though the government has announced several policies to support the players, domestic solar manufacturing continues […]

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Icra Predicts Strong Demand for Domestic Solar OEMs with Policy Support

Business prospects of domestic solar original equipment manufacturers (OEMs) will remain strong aided by several policy measures over medium-term, rating agency Icra said. As a result, many domestic OEMs have announced sizeable capital expenditure to augment the cell and module capacity, including the capex for integrated facilities under PLI scheme by the winning bidders. However, […]

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Risen Energy Invests in Cell and Module Expansion

Chinese solar panel manufacturer Risen Energy has announced that the company and Ningbo South Coastal Economic Development have inked an agreement for a 15 GW N-type ‘Ultra-Low-Carbon High-efficiency’ hetero-junction cells factory and a 15 GW ‘high-efficiency’ solar module production facility. As per the company, the quest will incur a total investment of $2.39 billion, of […]

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Supply Chain Plus BCD Claims First Big Casualty, As Scatec, ACME Pause 900 MW Project

Supply chain bottlenecks and infrastructural gaps are hurting the renewables sector of the country badly. In a fresh development, Norway’s leading solar player Scatec and India’s ACME have declared that they are pausing their 900 MW solar power project in India for the moment. The project was worth $400 million and was coming up in […]

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Centre of Excellence for Renewable Energy in IIT Jodhpur

A new ‘Centre of Excellence for Renewable Energy’ has been launched in IIT Jodhpur ’s Technology Park. The new initiative is in association with the Rajasthan Solar Association (RSA) which signed a Memorandum of Understanding with the IIT. The new association of the RSA with IIT Jodhpur will pave the way for the Technology Park […]

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Budget 2022. Domestic Manufacturers Smile, Rest Stay With Wait And Watch

Finance Minister Nirmala Sitharaman’s Budget 2022 announcements for the renewable sector might have seemed relatively few beyond the key announcement of an additional Rs 19500 crore the PLI scheme, but industry players have focused on the many positives beyond that. Vineet Mittal, Chairman, Avaada Group, besides highlighting the PLI move and the announcement of green […]

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Budget 2022. Keep Up The Good Work, Says FM To RE Sector

In her shortest budget speech till date in four years, Finance Minister Nirmala Sitharaman stuck to the big picture, leaving the fine details of the budget to be understood later. It would be safe to say that with key reform measures still in the pipeline, such as the Electricity (Amendment Bill) Bill, we might see […]

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