SUBSCRIBE NEWS LETTER

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Solitech to Begin 2 GW TOPCon Solar Module Manufacturing in Surat

New entrant in the solar module manufacturing business, Solitech has announced commencing the production of TOPCon based solar modules from Surat in Gujarat. The company said that orders have already been placed and work has started to start the production of the modules as soon as possible. Hardik Ramani, Managing Director of the company, said […]

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MNRE: Solar Cells Made With ‘Blue Wafers’ Won’t Qualify As DCR

In a latest move, the Ministry of New and Renewable Energy (MNRE) clarified that domestically manufactured solar cells which are produced using ‘blue wafers’ would not qualify under Domestic Content Requirement (DCR) norms. The ministry issued a formal notification today in this regard. Blue Wafers refer to diffused wafers, usually imported in India from other […]

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New Entrant-Army Solar Aims 3 GW Of Module Production Capacity

Army Solar, a new entrant in India’s solar module manufacturing sector, is set to carve out its own niche in the growing industry. Previously focused on the textile business, the company has now turned its attention to the booming solar market, aiming to establish itself as a key player in module production. Praful Radadiya, Co-Founder […]

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GUVNL Awards 250 MW Solar Tender With Greenshoe Option At ₹2.60/kWh

GUVNL has recently concluded its 250 MW solar auction with a greenshoe option. These projects were awarded to three winners: Welspun Renewable Energy, Avaada Energy, and SAEL Industries. GUVNL issued the tender for this project in January 2025, and the results were announced within a record time of two months. As per the tender announcements, […]

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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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Module Demand To Rise Significantly In FY26, FY27: SBI Caps

A latest report from SBI CAPS claimed that the annual module demand is likely to touch 100 GW soon. The report said the higher demand is likely to be triggered with the faster pace of adoption of solar power. The report also said that the faster pace of PM Surya Ghar scheme installations could also […]

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Module Scarcity Delaying Solar Projects In India, Hints NLC India

Indian Public Sector Utility (PSU), NLC India has hinted that the delay in the supply of domestic solar modules in the country is leading to delays in solar projects. The top management of the firm in a recent investor’s call revealed that the demand for domestic modules has led to a shortage of timely delivery […]

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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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