SUBSCRIBE NEWS LETTER

manufacturing capacity

First Solar India’s Disconnect: Big Factory, Small Home Footprint

First Solar, Inc., a US solar manufacturer, ventured into India manufacturing business with the intention of serving the domestic India market as it inaugurated a fully vertically integrated solar manufacturing plant in Tamil Nadu with a capacity of 3.3 GW. The firm also had the distinction of making it to India’s ALMM list as the […]

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Tata Power Rooftop Solar Crosses 1.5L Installations

Tata Power Solar Rooftop has surpassed 1,50,000 rooftop solar installations across India. Meanwhile, the total capacity of its rooftop solar installations nationwide has now reached around 3 GW, the company said today. “With a robust presence in 700 + cities, Tata Power Solar Rooftop, a part of Tata Power Renewable Energy Limited (TPREL), remains at […]

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Battery Storage Era: 5 Reasons BESS Is Supercharging the RE Revolution

Among many things, 2024 will probably remain a marker for the momentum it built up for Battery Energy Storage Systems (BESS). So sharp has been the pick up here that even countries like the UK which had special focus on Pumped Hydro Storage (PSP) have changed rules in recent weeks to allow BESS projects to […]

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SWELECT Energy Secures 150 MW Module Order, Rises ₹290cr

Solar energy company SWELECT Energy Systems Ltd today announced securing orders of over 150 MW for its TOPCon Bi-facial solar PV modules.  Additionally, SWELECT Group has successfully raised ₹290 crore funding through Non-Convertible Debentures (NCDs) via a private placement with India Infradebt Limited, the company said. This move, secured against a portion of its Solar […]

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Solar Production Equipment In Focus For Solar Power Europe

SolarPower Europe, the leading European solar body, has released a new report that calls upon Europe to seek deeper backward integration for solar manufacturing. The report highlights that at least 38 companies are active in Europe manufacturing the equipment and machinery that produces vital steps of the solar PV module supply chain, including cells, ingots, […]

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India’s Solar Cell Supplies To Trail Demand Till FY27, Finds Study

India has recently witnessed a surge in solar capacity additions, which is estimated to double to 30 GW in FY25, according to an SBI Caps report. This increase in capacity additions is expected to continue improving in FY26 and FY27, further accelerating module demand. The rooftop solar sector is also anticipated to see significant growth, […]

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Global Battery Deployment Surges 15%, BESS Gains 55%

2024 marked a year of continued growth and adaptation in the global battery industry. Global electric vehicle (EV) sales climbed 25% to 17.7 million units, with Battery Electric Vehicle (BEV) demand up 14%, while Plug-in hybrid electric vehicles  (PHEV) demand surged 50%. For the first time, battery electric vehicles (BEVs) in China have reached price […]

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MNRE Minister launches First AI Powered Solar Line At Goldi Solar

Union MNRE minister Pralhad Joshi, has launched India’s first AI-powered solar manufacturing line at Goldi Solar’s newly built, state-of-the-art facility in Kosamba, Surat, Gujarat. This achievement marks a major leap in India’s renewable energy sector, integrating cutting-edge AI-driven processes to revolutionize solar PV module production. The AI-powered facility enhances precision, scalability, and efficiency in solar […]

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First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide

First Solar, Inc. has announced financial results for the fourth quarter and year ended December 31, 2024. The US-based company’s net sales for the fourth quarter were $1.5 billion, an increase of $0.6 billion from the prior quarter. The increase was primarily a result of increased module sales in the fourth quarter. In an earnings […]

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