SUBSCRIBE NEWS LETTER

manufacturing capacity

The Top 5: Indian Cement Manufacturers & Their Efforts Towards Sustainability

The Indian Cement industry is the second-largest producer of cement in the world, while the Indian market is also the second-biggest consumer on the planet. The country had over 200 large cement producing plants and more than 360 small ones recording a turnover of around Rs 64,000 Crore in FY-20. With a massive and ongoing […]

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Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd.

Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […]

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WAAREE Energies Builds Order Pipeline Worth $2.37 billion

Waaree Energies Limited, one of the major players in the solar energy industry in India focused on photo-voltaic (PV) module manufacturing has bagged new orders worth USD 2.37 billion from India and International markets to supply high efficiency bifacial solar panels of 540Wp and 600Wp. These panels will be produced in Waaree’s manufacturing facility using […]

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Adani Solar Rated as leader in PV module Product Qualification Program (PQP) by PVEL

Maintaining a clean slate that it started in 2018, Adani Solar is the top performer in PVEL’s (PV Evolution Labs LLP) Product Qualification Program (PQP), according to its 8th annual PV module reliability scorecard. With this recognition, Adani Solar emerges as the only Indian solar manufacturing company to win this distinction for five consecutive years […]

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As US Continues Pressure On Chinese Manufacturers, Solar Growth Stalls

The long running investigation into dumping, or imports from China into the US continues on its run, impacting firms, and now, it seems overall solar growth in the US in a big way. As one of the world’s largest solar export markets and one that offers higher margins than many, the US market has long […]

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PMI Electro’s upcoming plant to produce 2500 commercial EVs annually

PMI Electro Mobility Solutions Pvt Ltd – maker of electric buses in India – has said that it will set up company’s new electric commercial vehicle (CV) manufacturing plant in Pune, Maharashtra. The new plant will be PMI’s largest manufacturing facility in India and will be based at MIDC, Chakan. PMI says that the new […]

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Switch Mobility of Ashok Leyland to Invest Rs 1,000 Crore in EV Plant

Ashok Leyland is looking bullish on electrification of the buses business in a big way. The major Indian auto player in the large vehicles’ segment has planned to invest Rs 1,000 crore in a dedicated electric vehicle (EV) plant in coming days. Ashok Leyland will be investing through its subsidiary Switch Mobility in South India. […]

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Borosil Renewables Plans To Become Largest Non Chinese Solar Glass Manufacturer

Solar panel glass manufacturer Borosil Renewables has announced that it will invest Rs 1,500 crore  over the next two years to expand its capacity by nearly 2.5 times and supply glass for 15 GW of solar modules by FY25. As of March 2022, India has around 15 GW of solar module manufacturing capacity. Due to stiff […]

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US Investigations Into AD/CVD Circumvention Draws Howls Of Protests

The Department of Commerce (DoC), which started the investigation in March this year has managed to roil solar industry firms in the US across the board, as uncertainty starts impacting projects. The DoC had initiated a solar anti-circumvention investigation based on a petition from a small U.S. company called Auxin Solar. The petition asks for […]

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