SUBSCRIBE NEWS LETTER

solar manufacturing capacity

India’s Solar Exports Drop from $1,969 Mn To $782.11 Mn

Solar PV module exports from India have evolved over the last few years. In FY 2021-22, the value of exports of solar PV modules was around 83 million USD, which rose to around 1,969 million USD in FY 2023-24. As of FY 2024-25 (till November 2024), solar PV modules worth around 782.11 million USD have […]

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GREW Solar Set To Establish 3 GW Solar Cell, Module Unit In MP

GREW Solar, a Chiripal Group venture, is poised to establish a three-stage backward integrated manufacturing unit in Bhopal for solar module production. The company is committed to investing Rs. 3000 crores for the project. Located at Narmadapuram (near Bhopal-MP), the facility spans over a total area of 60 acres. The project is projected to have […]

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Gautam Solar Establishes Its New Module Plant At Bhiwani

Indian solar module manufacturer Gautam Solar today announced the establishment of its new solar module manufacturing plant at Bhiwani in Haryana. The firm said that in a record time of one year, it successfully established its new solar module manufacturing plant from land acquisition to full-scale operations. This facility spans over 60 acres and is […]

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Inox Wind’s New Venture Inox Solar To Bid For Govt Tenders

Indian wind energy company Inox Wind is optimistic about entering the Indian solar market with its new venture, Inox Solar. The solar arm of the firm plans to participate in hybrid tenders, allowing the group to establish such projects independently without external involvement. The top management of the publicly listed company, in its latest investors’ […]

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Tata Power’s 4.3 GW Solar Cell & Module Plant In TN Inaugurated By CM

As MK Stalin, the Chief Minister of Tamil Nadu formally inaugurated its latest 4.3 MW cell and module manufacturing plant, TP Solar Ltd finds itself in a sweet spot. Tata Power’s Solar manufacturing arm & a subsidiary of Tata Power renewable Energy Limited new plant at Tirunelveli, Tamil Nadu underscores its position among the leaders […]

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CSP Capacity Needs To Touch 196.7 GW By 2030: Report

A latest report from the International Renewable Energy Agency (IRENA) claimed that in a scenario aligned with the Paris Agreement, global installed Concentrated Solar Power (CSP) capacity will need to reach 196.7 GW by 2030. The report dealt with various issues related to the growth and challenges to the sector. The report said that global […]

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India’s Solar Cell Capacity To Cross 50 GW By 2027: Crisil

India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, a study by Crisil Ratings said. The expansion will entail a capital expenditure (capex) of Rs 28,000-30,000 […]

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After Tax Credit Aid, US Solar Module Production Rises By 600%

Solar module manufacturing capacity in the United States (US) rose by around 600% after the federal government’s tax credit support to the industry, a report said. The latest update from the Solar Energy Industries Association (SEIA) said that the tax credit support bolstered the growth of the solar industry in the region significantly. These tax […]

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