Tata Power’s 8 GW Solar Manufacturing Plan
Tata Power To Establish 4 GW Solar Cell & 4 GW Module Production Plant In Tamil Nadu Creating 2,000 Jobs
Indian integrated energy company Tata Power has confirmed plans to set up an INR 30 billion greenfield manufacturing plant in Tamil Nadu with 4 GW annual solar cell and 4 GW solar module capacity, integrating mono-PERC bifacial technology with n-type TOPCon.
Indian Manufacturer To Expand Into TOPCon Tech
Websol Energy Unveils 1.8 GW Solar Cell & Module Production Capacity Plans
Solar cell and module producer from India, Websol Energy System Limited will set up a total of up to 1.8 GW new manufacturing capacity based on mono PERC and high efficiency TOPCon technology, after its board approved the proposal from the management.
SECI Tender For 1.68 GW DC Solar Modules
Domestically Manufactured Cells & Modules Required For CPSU Scheme Tranche III Projects
The Solar Energy Corporation of India (SECI) has launched a call to source solar PV modules worth 1.68 GW DC capacity, excluding mandatory spares, manufactured domestically using locally produced solar PV cells by manufacturers listed in the Approved.
ReNew Energy’s Q4/FY2022 Financial Results
ReNew Expands Manufacturing Ambitions To Secure Solar Module Supply
Indian renewable energy company ReNew Energy Global Plc increased its revenues and adjusted EBITDA for Q4/FY2022 (period ending March 31, 2022) by 27% and 31.7% YoY, but $174 million charges related to NASDAQ listing widened its net loss to $213 million during the period.
Azure Power Invests In Solar PV Manufacturer
Premier Energies Secures 600 MW/Annum Module Order & Azure Power As 26% Stakeholder
Indian renewable energy company Azure Power Global Limited will invest in local solar cell and module maker Premier Energies Group and also source up to 600 MW modules annually for the next 4 years under a module supply agreement.
RE & Power Manufacturing Zone On Pilot Basis
India Invites EOI For A Pilot Manufacturing Zone For Power & Renewable Sector
The Ministry of New and Renewable Energy (MNRE) and the Ministry of Power (MoP) in India have invited proposals to set up a brownfield manufacturing zone for power and renewable energy equipment on pilot basis, to promote local manufacturing.
India: 36 GW Module Production Capacity
IEEFA & JMK Research Estimate India’s Domestic Solar PV Manufacturing Can Meet 30 GW/Year Need By 2023
India’s nameplate solar module production capacity as of November 2021 was around 18 GW, and cell capacity 4.3 GW, but factoring in all expansion plans announced by various manufacturers, it can grow up to 36 GW and 18 GW by 2023-end, which they be.
First Solar’s 2021 Financial Results
US Module Maker Suffered Impacts Of Logistical Challenges In 2021; Plans To Sell Japan Project Business
Module shipment delays due to constraints related to container availability led US based First Solar, Inc to report its full year 2021 shipments at the lower end of its guidance at 7.7 GW, with 1.2 GW of inventory on hand and 675 MW shipments in transit not recognized as revenue.
Saatvik Solar Adds 500 MW Module Capacity
Indian Solar Module Maker Expands Cumulative Annual Production Capacity To 1 GW
Solar module maker from India’s Haryana state, Saatvik Solar has expanded its total annual manufacturing capacity to 1 GW, after it added a 500 MW facility in the state’s Ambala city where it already operates a 500 MW production.
Energy Transition On India’s Agenda In Budget
India Increases Solar PLI Budget From INR 45 Billion To INR 240 Billion Under FY 2022-23 Budget
Going by the success of its Production Linked Incentive (PLI) scheme for solar PV manufacturing, the Indian government has decided to pitch in with another INR 195 billion investment to support high efficiency solar module production in the country.
Downside Risks To India’s Solar Ambitions
India’s Solar Power Capacity To Grow To 140 GW By 2031, Says Fitch Solutions
Fitch Solutions Country Risk & Industry Research estimates India’s solar power capacity to grow to 140 GW in 2031 by an annual average of 11% from 59 GW in 2022, but fears supply and demand mismatch if domestic PV manufacturing doesn’t deliver on quantity and quality.
Indian PV Manufacturer To Go Public
Waaree Energies Files Draft Documents With India’s SEBI For IPO
Indian solar PV module manufacturer Waaree Energies Limited has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to be able to launch its initial public offering (IPO) for further expansion of its production capacity.
CIL Launches RFQ For 4 GW PV Manufacturing
Coal India Limited Launches Tender To Seek Prospective Equity Partners For 4 GW Solar PV Ingot To Module Manufacturing Capacity In India
Indian government’s coal mining company Coal India Limited (CIL) has launched a pre-qualification tender seeking to shortlist prospective equity partners to set up 4 GW solar PV ingot-wafer-cell-module manufacturing plant.
Indian Billionaire Wants 4 New Energy Gigafactories
One Of India’s Richest Persons, Mukesh Ambani Led Reliance Industries Limited Announces Plans To Build Integrated Solar PV Module, Energy Storage, Electrolyzer & Fuel Cell Fabs As 4 Gigafactories
Diversified Indian business conglomerate Reliance Industries Limited (RIL) has announced its grand plans to build 4 massive gigafactories as part of its New Energy Business strategy, all located in Jamnagar, Gujarat, in a major thrust of the group into renewable energy.
India’s IREDA Seeking Solar PV Module Manufacturers
IREDA Solicits Proposals To Set Up High Efficiency Solar PV Module Manufacturing Capacity Under Production Linked Incentive Scheme
A Government of India (GOI) entity, Indian Renewable Energy Development Agency Limited (IREDA) has invited applications to select companies that can set up high efficiency solar PV module manufacturing capacity in the country.
ReNew Power Unveils 2 GW Solar Manufacturing Plans
ReNew Power To Use Monocrystalline PERC & Large Wafer Technology To Develop 2 GW Solar Cell & Module Production Capacity In Gujarat
Less than a year after announcing its decision to enter into solar cell manufacturing, Indian renewable energy company ReNew Power said it has chosen Gujarat to develop a 2 GW solar cell and module manufacturing facility (see ReNew Power To Enter Cell Manufacturing).
India Details Production Linked Incentive Scheme For Solar
IREDA Appointed Implementing Agency For Production Linked Incentive Scheme For Solar; MNRE Says Preference To Be Given To Manufacturers Offering To Build Higher Capacities
Minimum capacity to bid for by interested solar PV manufacturers under India's PLI Scheme is 1 GW, according to MNRE. Bidders getting higher marks will get preference in allocation of manufacturing capacity.
Coal India Limited Signs Its 1st Solar PPA
World’s Largest Coal Producer Coal India Limited Secures Its 1st Power Purchase Agreement For 100 MW Solar Power With GUVNL
Coal India Limited (CIL), the world’s largest coal producer, has secured its 1st solar power purchase agreement (PPA), for a 100 MW solar power plant. It has entered the 25-year agreement with Gujarat Urja Vikas Nigam Limited (GUVNL).
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