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domestic manufacturing

Q4: Jinko’s Solar Shipments Drop, Revenue Falls 37.1% YoY

JinkoSolar Holding Co., Ltd. (JinkoSolar), a solar module manufacturer, has released its unaudited financial results for the fourth quarter and full year ended December 31, 2024. The company reported an 18.3% year-over-year (YoY) increase in module shipments for the full year, reaching 92.9 GW. During its earnings call, JinkoSolar revealed that 60% of its modules […]

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Trump’s Energy Policies Reshape US Priorities, Challenge India

In line with US President Donald Trump’s commitment to reversing policies implemented by the outgoing Biden administration, he announced a series of provisions that prioritize contracts related to materials, equipment, and services, aiming to maximize domestic energy supplies under specific circumstances. The US Congress has introduced several provisions concerning domestic energy. Notably, Section 101(c) authorizes […]

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India Needs To Invest $600 Bn In Power Sector: Wood Mackenzie

India is set to become a major player in the global energy markets with a unique growth path, featuring lower energy intensity, a diverse energy mix and increased commodity imports, the latest report from Wood Mackenzie said. The latest Wood Mackenzie’s Horizons report is titled “Eye on the Tiger: How Higher Indian economic growth could […]

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Chinese Firms Dominate Global Wind Market But Profits Sink: Report

Wood Mackenzie’s latest report on global wind turbine original equipment manufacturers (OEMs) reveals that Chinese wind energy companies led the global market in 2024. For the first time, Goldwind, Envision, and MingYang secured the top three positions worldwide, highlighting China’s increasing influence in the sector. However, the dip in their profitability remained a concern, the […]

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With 50 GW Additions, Solar Momentum Strong In US in 2024

The United States installed a record-breaking 50 gigawatts (GW) of new solar capacity in 2024, the largest single year of new capacity added to the grid by any energy technology in over two decades. According to the U.S. Solar Market Insight 2024 Year in Review report released by the Solar Energy Industries Association (SEIA) and Wood […]

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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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Corning, Suniva & Heliene Launch ‘Made in US’ Solar Production

Suniva, a US-based manufacturer of monocrystalline silicon solar cells, and Heliene, a solar module manufacturer, have announced a deal with Corning Incorporated. The company claims this is one of the first ‘Made in America’ solar module supply chains. Under the agreement, the two companies will supply the domestic market with US-made polysilicon, wafers, and cells. […]

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Vikram Solar To Manufacture Solid-State Cell Batteries

Indian solar module manufacturer Vikram Solar has now planned to set up a 1GWh fully integrated Solid-state Cell and Battery manufacturing facility with proprietary Battery Management System (BMS) technology. This facility, initially designed to scale up to 5 GWh, is expected to cater to the growing energy demands of a rapidly evolving global market. “This […]

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Solar Yaan Eyes Utility Solar Market With New Launches

Solar inverter brand Solar Yaan has now planned to boost its presence in the Indian utility-scale solar market. The company, which started its business in 2019 with a focus on the residential rooftop market and C&I consumers, has now launched its large inverters to venture into India’s utility-scale solar market. Manoj Patel, Founder of Solar […]

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