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solar manufacturing capacity

Waaree Energies Bags 600 MW Solar Module Order

Waaree Energies, the module manufacturing arm of the Waaree Group today announced bagging a 600 MW solar module order. The company in its filing before the exchanges informed its investors about the new order. The delivery of these modules is scheduled to begin in FY 2025-26, the firm said. This contract involves the supply of […]

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5 Challenges That Can Increase Solar Module Costs In India

The Indian solar module manufacturing sector, once heavily reliant on Chinese imports for solar modules and cells, is gradually moving toward self-reliance. However, this transition brings its own set of hurdles, which could lead to increased costs for solar panels and project development, potentially pushing solar tariffs higher in the coming years. 1. Reduced Export […]

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News In Brief Nov 25: Sungrow Partners with Zenith Energy, HG Infra Secures BESS Contract, Ecoprogetti Delivers Solar Panels To SAEL

Sungrow Partners with Zenith Energy to Power Australia’s Largest Off-Grid Hybrid Project  Sungrow, a PV inverter and energy storage system provider, recently developed Australia’s off-grid hybrid renewable energy system in the Kathleen Valley Operation. Developed in collaboration with Zenith Energy and Liontown Resources, this initiative sets a new precedent for integrating renewable energy solutions in […]

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ReNew Foresees A Dip In Solar Cell Capacity With ALCM

NASDAQ-listed solar module manufacturer ReNew expects a significant shortfall in cell capacity in India with the imposition of the proposed Approved List of Cell Manufacturers (ALCM). The company in its latest investors presentation anticipated a transition in the Indian solar cell market with the introduction of ALCM. The company said that the proposed decision of […]

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China Seeks a fix For PV Overcapacity With New Norms

With its world leading PV sector hit by losses in the past year, China’s Ministry of Industry and Information Technology is focusing on what it can control, to try and nurse the sector back to health. We saw last week how export incentives on solar products were reduced last week in perhaps a signal to […]

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Indian Solar Module Makers Plan In-House Aluminium Frame Production

After exploring solar module and cell production, several Indian solar manufacturers are now venturing into in-house aluminium frame manufacturing—essential components of solar modules. Premier Energies, a notable solar module and cell maker, has committed Rs. 230 crore to this new venture. “We are also pleased to announce today our foray into aluminium frame manufacturing business […]

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Policy Makers Continue To Trim Solar Export Incentives In China

China has chosen to include solar PV products in a move to reduce or even cancel an export tax rebate for its domestic firms. While the amount is relatively small, a reduction from 13 to 9 percent, it does send a strong signal that the government is done with incentives for the sector, which is […]

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Financial Result: Alpex Solar Reports 265 Crore Revenue In H1

Greater Noida-based solar module manufacturer Alpex Solar has reported a total revenue of Rs 265. 66 crore for the half-year (H1) in FY25 ended on September 2024. The company reported a total revenue of Rs 213.07 crore in the H1 of FY24. Thus on a Year-on-Year (YoY) basis, the firm witnessed a rise in its […]

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