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solar manufacturing

India’s Solar Power Tariffs Rising After Hitting Record Lows in 2020: IEEFA

Solar tariffs are deflationary. Prices have fallen by 75% in seven years in India, and in 2020 solar tariffs hit record lows, writes Vibhuti Garg, Energy Economist and Lead India at Institute for Energy Economics and Financial Analysis (IEEFA). From 2019 to the first quarter of 2020, most of India’s newly-auctioned solar projects saw tariffs […]

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US Moves To Sanction Chinese Solar Firms, Implications for India

Dynamics in the solar equipment market, dominated by China, just got more complicated with reports of the US Administration of President Joe Biden imposing sanctions against specific companies. That ramps up an already testy relationship when it comes to solar imports from China to the US, where the US under the Trump administration had first […]

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Togo Solar Plant With Jakson As EPC Inaugurated

The  President of Togo, Faure Essozimna Gnassingbé inaugurated a 50MWp Solar Power Plant in the West African country. The Sheikh Mohamed Bin Zayed Solar Power Plant Project is being developed by AMEA Power, Dubai and designed, installed, commissioned, and executed by Jakson Group from India. The West African Development Bank and Abu Dhabi Fund for […]

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JinkoSolar’s Subsidiary to Invest RMB315 million in Polysilicon Production Line

Leading solar module manufacturer, JinkoSolar Holding Co., Ltd., yesterday announced its holding subsidiary, Shangrao JinkoSolar Industry Development Co., Ltd. plans to invest RMB 315 million (China’s official currency) equivalent to USD 48.4 million (Rs 360 crores approx) of monetary capital to increase capital and shares in Inner Mongolia Xinte Silicon Materials Co., Ltd. Inner Mongolia […]

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Azure Q4 Results. Firm Expects Tariff Markdown for 4 GW Manufacturing Tender Win

Azure Power Global Limited announced its consolidated results under United States Generally Accepted Accounting Principles (“GAAP”) for the fiscal fourth quarter 2021, period ended March 31, 2021 yesterday. The firm is listed at the New York Stock Exchange, the first power firm from India to achieve the same. Key Operating Highlights: Megawatts (“MW”) Operating* were 1,990 MWs, […]

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Foxconn In Partnership With Gigasolar For EV Battery Components

Taiwanese multinational electronics contract manufacturer, Foxconn announced a partnership with a solar cell material maker, Gigasolar Materials Corp., to develop electric vehicle (EV) battery materials. A Foxconn subsidiary has invested NT$995.2 million (New Taiwan Dollar) which is equivalent to USD 36 million, for the partnership with Gigasolar. The investment via a private placement through a […]

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JinkoSolar Awarded as Overall High Achiever in RETC’s PVMI Report

One of the world’s largest solar panel manufacturers, Shanghai-based JinkoSolar Holding Co., Ltd. today announced receiving the ‘Overall High Achiever’s awards at RETC’s (Renewable Energy Testing Center) 2021 PVMI (PV Module Index) Report for the second consecutive year. Notably, JinkoSolar is one of only five solar module manufacturers to receive this status in 2021. As […]

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Goldi Solar to Expand Capacity to 2.5 GW with New Plant in Gujarat

Solar Panel manufacturer and EPC provider Goldi Solar has announced its plans to increase its manufacturing capacity to 2.5 GW with a new facility on the outskirts of Surat, Gujarat. Presently, the existing facility has a capacity of 500 MW and the expansion of 2 GW has been planned in two stages. The first phase […]

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BHEL Tenders for Solar Compact Station Of 8MW Farm in Mauritius

Engineering and manufacturing PSU, Bharat Heavy Electricals Limited (BHEL) has floated a tender for the supply and commissioning support of Solar Compact Station (SCS) for 8 MWac solar PV farm at Tamarind Falls, Henrietta, Mauritius. A Solar Compact Station (SCS) is a large-scale PV system devised for the supply of merchant power into the electricity […]

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