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Sunkind to Set Up 4 GW Solar Module Facilities in India

Sunkind Energy entered into an agreement with ConfirmWare PV Manufacturing Solutions to establish a 4 GW solar module manufacturing capacity in India. Under this partnership, Sunkind will leverage the collaboration to bring ConfirmWare’s advanced stringer and automation technology to set up technologically advanced production lines. The TOPCon module based on M10 cells will be the first […]

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Solar’s Next Big Challenge- Sustainable Growth

It has been an abiding mystery how many business journalists, for all the knowledge they collect on their preferred sectors, usually ignore the financials of the firms they track. Relationships with firms, especially if they are not publicly traded, tend to be at an arm’s length, with information supplied on a need-to-know basis. The solar […]

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MNRE Releases Final ALMM Format for Solar Cell Enlistment

The Ministry of New and Renewable Energy (MNRE) has issued the final application form for the enlistment of solar cell manufacturers under the Approved List of Models and Manufacturers (ALMM). This move follows MNRE’s recent announcement to bring solar cell makers under the purview of the ALMM framework. According to the ministry, the final application […]

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Websol Signs 250 MW Solar Module Deal with CRI Pumps

Websol Energy System Ltd. said it has signed an agreement to supply up to 250 megawatts (MW) of solar modules to C.R.I. Pumps Private Ltd., a company engaged in the installation and sale of photovoltaic systems for solar-powered pumping. Under the deal, C.R.I. Pumps will procure Mono PERC solar modules with domestic content requirement (DCR) […]

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ReNew Bags $100 Mn BII Funding For Solar Manufacturing in India

Sumant Sinha led ReNew Energy Global Plc has secured an INR 8700 million (US$100 million) investment from British International Investment (“BII”), the UK’s development finance institution and impact investor, to accelerate the growth of its solar manufacturing business in India. The investment will be made in ReNew Photovoltaics Private Limited, ReNew’s dedicated solar manufacturing subsidiary […]

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Q1 2025: First Solar Lowers Outlook On Tariff Issues, Cites India Demand

First Solar Inc. revised its guidance in its Q1 2025 financial results to reflect the expected impact of new tariffs implemented in April 2025. The company reported net sales of $0.8 billion for the quarter ended March 31, down from $1.5 billion in the previous quarter. The decline was primarily attributed to an anticipated seasonal […]

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With A Focus On Non-DCR Cells, Future Solar Aims 4 GW Capacity

Indian solar module manufacturer Future Solar is on a fast growth track, with plans to scale its production capacity to 4 GW by July this year. According to Sanket Bhatia, General Manager (GM)-Sales and Marketing at Future Solar, the company is currently operating at 644 MW capacity and is in the process of adding 3.4 […]

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IndoSolar Turnaround Continues With Rs 40 cr Profit In Q4, Fy25

Waaree Energies owned Indosolar Limited continues to deliver a strong turnaround with a strong set of results for Q4 2025. For Q4 2025 ending March, the Greater Noida based company reported sales of Rs 192.00 crore versus Rs 103 crore in the December quarter.  Net profit was reported to be Rs 40.04 crore in the […]

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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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