Policy Makers Continue To Trim Solar Export Incentives In China Updated On Mon, Nov 18th, 2024 by Saurenergy China has chosen to include solar PV products in a move to reduce or even cancel an export tax rebate for its domestic firms. While the amount is relatively small, a reduction from 13 to 9 percent, it does send a strong signal that the government is done with incentives for the sector, which is […] Read more
Financial Result: Alpex Solar Reports 265 Crore Revenue In H1 Updated On Thu, Nov 14th, 2024 by Saurenergy Greater Noida-based solar module manufacturer Alpex Solar has reported a total revenue of Rs 265. 66 crore for the half-year (H1) in FY25 ended on September 2024. The company reported a total revenue of Rs 213.07 crore in the H1 of FY24. Thus on a Year-on-Year (YoY) basis, the firm witnessed a rise in its […] Read more
India, SE Asia Host 15% Of Global Clean Energy Manufacturing Jobs: IEA Updated On Wed, Nov 13th, 2024 by Saurenergy While most emerging and developing economies face structural barriers to attracting new clean energy manufacturing jobs, India and Southeast Asia have fared relatively well on this front, according to a latest report by the International Energy Agency (IEA). Clean energy manufacturing jobs in this region represent nearly 15% of the global total. Several other countries, […] Read more
Are Indian Solar Module Makers Ready for ALMM For Solar Cells? Updated On Tue, Nov 12th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) in October 2024 released a draft proposal to include domestic solar cell production under its Approved List of Models and Manufacturers (ALMM), inviting responses from industry stakeholders. Soon after the announcement, a number of Indian module makers have announced starting new solar cell lines. However, this […] Read more
Saatvik Solar Pockets 200 MW Module Order Updated On Mon, Nov 11th, 2024 by Saurenergy Gurugram, Haryana based Saatvik Solar has signed a contract with GH2 Solar to supply 200MW of high-efficiency ‘Mono Perc Bifacial Half Cut’ solar PV modules, rated at 540/550Wp, for use across various solar projects in India. This collaboration, set to commence in January 2025, will span a 12-month period in which Saatvik will ensure the […] Read more
Solar Manufacturing Cuts Silicon Use By 88%, Makes Solar Affordable: Report Updated On Wed, Nov 6th, 2024 by Saurenergy Globally, solar energy has soared, from 1.22 GW in 2000 to 1,418.97 GW in 2023, with solar manufacturing projected to exceed demand, making solar more affordable. Solar jobs have followed suit, which have surged to 7.1 million, and global capacity is also expected to see gains, reaching 7,203 GW by 2030. The International Solar Alliance […] Read more
International News Briefs- Solarcycle, China’s Solar Bankruptcies, Tongwei’s HJT Modules Updated On Mon, Nov 4th, 2024 by Saurenergy China’s Solar Bankruptcy Provide Proof Of Pain From Low Prices With over 40 manufacturers boasting of GW plus manufacturing facilities, China’s solar juggernaut has screeched to a halt in the past year, at least on the manufacturing side. Overcapacity has plagued the sector, leading to crash in prices and the pain is showing. Even as […] Read more
Indian Solar Cell Production Set To Expand But Challenges Galore Updated On Wed, Oct 30th, 2024 by Saurenergy Indian solar manufacturing industry is now under transition. While currently, a handful of solar cell makers are into the production of solar cells, the numbers are set to expand. A number of existing solar module manufacturing companies have now planned to add new solar cell production lines in the next two to three years. This […] Read more
ALMM: India’s Enlisted Module Production Capacity Crossed 60 GW Updated On Tue, Oct 29th, 2024 by Saurenergy The Ministry of New and Renewable Energy (MNRE) today issued the fresh Approved List For Models and Manufacturers (ALMM) for the solar module makers. The latest list saw a surge in the enlisted production capacity of Indian solar module manufacturers. With the inclusion of the new enlisted capacities, India’s cumulative enlisted domestic module manufacturing capacity […] Read more