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Have FTA Routes Become Conduits For Cheaper Solar Modules into India?

Export-related data has revealed that during April and May of this fiscal year, the quantum of imports of solar modules from countries with which India has a free trade agreement (FTA) has increased significantly, with a 48% share of total solar imports. The sharp move is beginning to hurt domestic manufacturers yet again, as they […]

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As Solar Panel Prices Drop to $0.2/W and Below, Chinese Majors Unfazed On Expansion Plans

Even as module prices fell below the widely watched $0.2/W levels in China, the biggest integrated manufacturers continue to move ahead on their expansion plans. Tongwei, the Chengdu-based food and aquaculture firm that was happy to stop at cell manufacturing until a little over a year back, has moved aggressively into module manufacturing in the […]

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Tata Group to Build Rs 13,000 Crore EV Battery Plant in Gujarat

India’s industrial conglomerate Tata Group has signed an MoU with the state government of Gujarat to build a lithium-ion cell factory in the state. As per the terms of the agreement, the lithium-ion cell factory will come up with an investment of about Rs 13,000 crore ($1.6 billion) in Sanand. The deal was signed by […]

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Quantum Energy & Log9 launch 2 Wheeler EV Bzinesslite, Promise 80% Charging in 12 Minutes

Bengaluru-headquartered, advanced deep-tech and battery tech startup, Log9 Materials, has announced entering into a long-term strategic partnership, initiated through a Memorandum of Understanding (MoU), with Hyderabad-headquartered EV OEM firm Quantum Energy Limited. As a part of this collaboration, the two companies have jointly unveiled a new vehicle model, which they claim is India’s fastest-charging two-wheeler […]

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Trina Solar Joins Chinese Peers With Major Expansion Plans

Trina Solar joins fellow Chinese solar giants Longi and Jinko Solar to announce major new expansion plans. In a recent announcement, Trina Solar said it will invest around CNY8.7 billion (USD1.2 billion) in a new plant and related facilities in China’s Sichuan province. The Changzhou headquartered firm has been a major player in the solar […]

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Swelect Sets Sights on Coimbatore to Make Solar Panels

A producer of silicon photovoltaic modules that also offers solar technology-based solutions, Swelect HHV Solar Photovoltaics Private Limited has commissioned a plant in Coimbatore, where it will develop solar energy panels. The firm is a subsidiary of Swelect Energy Systems, R. Chellappan, Founder and Managing Director of Swelect, informed that the new manufacturing facility will […]

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The 5 Questions 2023 Could Answer for Renewable Energy in India

India has over 174 GW of installed renewable capacity, including large hydropower at the conclusion of December 31, 2022. Solar power constituted the largest share of about 64 GW of the total. Wind power (41.9 GW), large hydro (46.85 GW), biomass/co-generation (10.2 GW), small hydro power (4.93 GW), and waste to energy with 0.52 GW […]

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Redwood Materials Gets $2 Billion Federal Funds For EV Battery Materials Plant

The U.S. Department of Energy’s (DOE) Loan Programs Office (LPO) has announced a loan of $2 billion to Redwood Materials for the construction and expansion of a battery materials campus in Nevada. This is to support the growing EV market in America. DOE said that the Redwood Materials project will be the first facility in […]

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Enel Adds 5.2 GW Renewables World Over In 2022, 2 GW In North America Only

North American clean energy firm Enel North America has announced that it has built 1.98 GW of utility-scale wind, solar and battery storage capacity across the US and Canada in 2022 alone.  Worldwide, Enel built over 5.2 GW of new renewable capacity over the course of the year. Starting as an Italian utility firm, ENEL […]

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