Q4: Jinko’s Solar Shipments Drop, Revenue Falls 37.1% YoY Updated On Thu, Mar 27th, 2025 by Saurenergy 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 […] Read more
First Solar India’s Disconnect: Big Factory, Small Home Footprint Updated On Mon, Mar 24th, 2025 by Saurenergy First Solar, Inc., a US solar manufacturer, ventured into India manufacturing business with the intention of serving the domestic India market as it inaugurated a fully vertically integrated solar manufacturing plant in Tamil Nadu with a capacity of 3.3 GW. The firm also had the distinction of making it to India’s ALMM list as the […] Read more
COVER STORY: India’s Different Path For Solar Module Manufacturing Updated On Fri, Mar 21st, 2025 by Saurenergy On February 17, the Ministry of New and Renewable Energy (MNRE) issued its latest ALMM (Approved List of Models and Manufacturers) list. The issuing of the much-awaited list has been increasing in frequency over the year, as the rate of addition of new firms and module manufacturing capacity picks up pace. From just 26 manufacturers […] Read more
IIT Bombay’s 4T Silicon-Perovskite Tandem Solar Cell Hits 26% Efficiency Updated On Wed, Mar 19th, 2025 by Saurenergy The Indian Institute of Technology, Bombay (IIT-B) has conducted one of the first experimental demonstrations of a 4T silicon-perovskite tandem solar cell, achieving over 26% efficiency. A team at the National Centre for Photovoltaic Research and Education (NCPRE) at IIT Bombay fabricated a semi-transparent perovskite solar cell (PSC), which, when combined with a silicon-based solar […] Read more
Shakti Pump Secures Land To Setup Solar Cell, Module Manufacturing Facility Updated On Thu, Mar 13th, 2025 by Saurenergy Madhya Pradesh-based solar pump company, Shakti Pumps, has recently secured land for setting up a solar cell and PV module manufacturing facility using wafers as input material. The company announced this development in a regulatory filing, stating, “Madhya Pradesh Industrial Development Corporation Limited (MPIDC) has sanctioned 113 acres of land to our wholly owned subsidiary, […] Read more
First Solar Q4 Results Continue To Wait On India Surge, Ships 14.1 GW Worldwide Updated On Fri, Feb 28th, 2025 by Saurenergy 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 […] Read more
As Solar Developers In China, India Face June Deadline, Module Supply, Prices To Tighten Updated On Thu, Feb 27th, 2025 by Saurenergy China, which remains the heart of the solar industry worldwide, has finally seen an inching up of module prices in February, bringing some relief to its large solar manufacturers. However, the rise in prices may not be such good news for many markets where tariffs have been imposed on Chinese imports, as it was the […] Read more
India’s Solar Cell Capacity To Cross 50 GW By 2027: Crisil Updated On Thu, Feb 6th, 2025 by Saurenergy India’s solar cell manufacturing capacity is set to touch 50-55 GW by fiscal 2027, up five-fold from 10 GW at the end of fiscal 2024, propelled by the government’s policy thrust to reduce imports of cells and modules, a study by Crisil Ratings said. The expansion will entail a capital expenditure (capex) of Rs 28,000-30,000 […] Read more
French Wafers To Modules Solar Manufacturer Photowatt To Shut down Updated On Fri, Jan 31st, 2025 by Saurenergy Photowatt, one of the few European solar manufacturers that offered solar wafers,cells and modules has been shut down after parent firm EDF Renewables decided to switch off further support for the struggling maker. EDF had acquired Photowatt in 2012. The closure comes at a time when solar manufacturing in Europe is pretty much unviable in […] Read more
