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MNRE Launches Portal to Verify Domestic Content in Solar Cells and Modules

The Ministry of New & Renewable Energy (MNRE) has developed an online portal to ensure the traceability of domestically manufactured solar photovoltaic (PV) cells...

June 21, 2024

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Gautamee Hazarika

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Markets & Policy

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Modules

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Solar
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Threat of US Anti-Dumping Duties on Indian Solar Module Exports

India’s solar exports success story could run into trouble if the U.S. entertains petitions from domestic manufacturers to impose anti-dumping (AD) and...

April 22, 2024

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B.S. Nagaraj

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Markets & Policy

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Modules

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Solar
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MNRE Adds 4.1 GW of New Solar Module Capacity to ALMM

The Ministry of New and Renewable Energy (MNRE) has expanded the Approved List of Models and Manufacturers (ALMM) by adding 4,104 MW of new solar module capacity. The...

April 11, 2024

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Arjun Joshi

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Manufacturing

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Modules

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Solar
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India’s Total Solar Module Manufacturing Capacity Reached 64.5 GW in 2023

India added 20.8 GW of solar modules and 3.2 GW of solar cell capacity in calendar year (CY) 2023, according to the recently released State of Solar PV Manufacturing in...

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Module Maker Alpex Solar to Use IPO Proceeds to Expand Manufacturing

Greater Noida-based solar module manufacturer Alpex Solar’s ₹745 million (~$8.9 million) maiden initial public offering (IPO) of 6.48 million equity shares was...

February 13, 2024

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B.S. Nagaraj

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Manufacturing

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Markets & Policy

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Solar
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Waaree to Raise ₹30 Billion via IPO to Fund Solar Module Facility

Mumbai-based solar module manufacturer Waaree Energies has filed draft papers with the market regulator to raise ₹30 billion (~$361 million) in an initial public...

December 29, 2023

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B.S. Nagaraj

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Finance and M&A

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Solar
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Canadian Solar to Set Up 5 GW Cell Production Facility in the US

Solar module manufacturer Canadian Solar has announced it is setting up a 5 GW solar photovoltaic cell production facility in Jeffersonville, Indiana in the United...

October 30, 2023

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Staff

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Manufacturing

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Solar
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Solar Exports Surged 6,293% YoY in Q1 2023, Imports Fell 34%

India exported solar cells and modules worth $479 million (~₹39.5 billion) in the first quarter (Q1) of the calendar year (CY) 2023, a staggering increase of 6,293%...

May 22, 2023

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Arjun Joshi

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Markets & Policy

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Modules

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Solar
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Until There is Clarity on ALMM, Manufacturers May Push Their Capacities Out: Interview

Indian solar module manufacturing was dealt a severe blow when earlier this year, the government put the operation of the Approved List of Models and Manufacturers...

May 16, 2023

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B.S. Nagaraj

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Markets & Policy

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Solar
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Indian Solar Module Makers Must Revise Cost and Become Competitive: Interview

With expanding scale of domestic module manufacturing, the industry is incentivized to develop indigenous technologies and know-how, which China currently dominates,...

May 12, 2023

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Sumit Jha

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Markets & Policy

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Modules

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Solar
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China Securities Regulatory Commission Approves Canadian Solar’s IPO

The China Securities Regulatory Commission has approved the registration of CSI Solar, the engineering, procurement, and construction arm of solar module maker Canadian...

March 24, 2023

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Gourav Mishra

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Markets & Policy

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Solar
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SEG Solar Acquires 2 GW Solar Module Manufacturing Facility in Texas

California-based solar module maker SEG Solar announced the acquisition of a manufacturing facility in Texas with the capacity to produce over 2 GW of solar modules. The...

March 20, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Shirdi Sai Electricals to Bid for PLI-II, Expand Manufacturing Capacity to 10 GW

With an estimated 220 GW of solar capacity required by the decade’s end to meet the 280 GW goal set by the government, India needs a significant manufacturing...

February 7, 2023

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Satish Shetty

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Manufacturing

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Modules

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Solar
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JA Solar to Supply Modules for 875 MW Solar Project in Qatar

Beijing-based solar module maker JA Solar has signed a deal with Samsung C&T, a South Korea-based construction and engineering company, to supply photovoltaic...

January 23, 2023

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Gourav Mishra

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Other

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Renewable Energy
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Battery Tech Company Group14 Completes $614 Million Series C Funding Round

Global manufacturer of advanced silicon battery technology Group14 Technologies said it has raised $214 million in additional financing and completed its $614 million...

December 15, 2022

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Gautamee Hazarika

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Energy Storage

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Finance and M&A

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