SUBSCRIBE NEWS LETTER

Vikram solar

Solar Cell Manufacturing: Gujarat To Take The Lead, Odisha New Entrant

India is on the cusp of a major transformation in solar cell production, and Gujarat is set to take the lead in solar cell manufacturing. With the country’s solar manufacturing sector rapidly expanding, the majority of announced and existing solar cell plants are concentrated in Gujarat, though emerging states like Odisha and Tamil Nadu are […]

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COVER STORY: India Eyes Historic Rise Of Solar Cell Manufacturers

So far, 2024 has been a remarkable year for the Indian solar industry. Not only has it met expectations so far in terms of capacity additions, it has also delivered a huge fillip to the rooftop solar sector, thanks to PM Surya Ghar and new momentum in promising schemes like PM-KUSUM, besides record additions in […]

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Indian Solar Module Exports Surged 23 Times Since FY22: IEEFA Report

India is making significant progress in transitioning from a net importer to a net exporter of solar products. In Fiscal Year (FY) 2024, Indian solar manufacturers exported approximately US$2 billion worth of solar modules. The solar module export value of PV modules from India increased by more than 23 times in just two years between […]

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Could The Trump Presidency Cast A Shadow On Indian Solar Module Makers?

The re-election of Donald Trump as the new President of the United States (US) may alter the market dynamics for Indian solar module manufacturers. Speculations are now rife over the likely fate of the Indian solar industry with Trump’s re-election. Those who have business interests in the US solar market are likely to get affected […]

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5 Indian Solar Firms With Plans To ‘Make In USA’

Solar, Supply Chain And Scaling Manufacturing: Indian Firms Pivot To The USA The Solar Energy Manufacturers for America Coalition (SEMA) released a report this year revealing that Chinese-headquartered companies now produce 99% of the world’s solar wafers and over 80% of the world’s polysilicon. These two components alone account for more than half the value […]

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Amara Raja Reports Solid Q1 Results, Commissions 90 MW Solar For NTPC

Hyderabad based Amara Raja Energy & Mobility Limited (ARE&M), (formerly known as Amara Raja Batteries Limited), has reported profit before tax of ₹ 328.66 Cr for Q1 of FY25 registering a growth rate of 23% over Q1 of FY24. Standalone financial performance highlights: (₹ in crores) Particulars Quarter Ended     Jun 30, 2024 Jun 30, 2023 Revenue […]

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ALMM: India’s Solar Module Manufacturing Capacity Touches 50.8 GW

India’s total enlisted solar module manufacturing capacity has now touched 50.8 Gigawatt (GW), the latest ALMM list issued by the Ministry of New and Renewable Energy (MNRE) revealed. The recent Approved List of Models and Manufacturers (ALMM) lists a total of 93 solar module manufacturing plants in India, against the earlier figure of 90.  The […]

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Top 5 Non-Chinese Solar Manufacturers Disrupting China’s Stronghold

Non-Chinese solar manufacturers are making significant strides across various regions, challenging the long-standing dominance of Chinese companies in the solar market. Currently, China leads the world in solar panel manufacturing, with major players like JA Solar, Trina Solar, and JinkoSolar at the forefront. Chinese companies control over 80 per cent of the global market share […]

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Avaada, Apraava, ReNew & JSW Bag NTPC’s 1.5 GW Solar Contract

Indian power behemoth NTPC recently awarded the contracts to four developers to setup its 1,500 MW of solar project. The Indian Renewable Energy Implementing Agency recently announced the results of its tender, floated earlier. The tender was meant for Inter-State Transmission System (ISTS) through these new proposed solar projects. Based on the reverse competitive bidding, […]

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