Solar Cell Manufacturing

Nomura bets on Waaree, Premier as Indian solar capacity to grow 3x by 2030

To meet the robust demand, Nomura analysts project India will add ~309GW of installed capacity between FY25-30F, with renewables (RE) accounting for the bulk of the expansion.

With Jupiter in its orbit, Andhra Pradesh emerges as India's solar hub

State government attracts Jupiter Renewables' Rs 2,700-cr investment for solar manufacturing and is in talks with Tata Power, Waaree, and Vikram Solar

Odisha govt allocates land to Inox Solar for solar cell manufacturing plant

INOXGFL Group on Tuesday said the Odisha government has allocated Inox Solar a land parcel to set up a cell module manufacturing plant in the state. The proposed 4.8-gigawatt (GW) solar cell and 4.8 GW solar module manufacturing plant will support India's renewable energy goals and bolster Odisha's industrial growth, INOXGFL Group said in a statement. Inox Solar, a subsidiary of Inox Clean, today announced the land allocation for a solar cell and solar module manufacturing plant in Dhenkanal, by the Odisha government, it said. Inox Clean is part of the INOXGFL Group. Earlier this year, INOXGFL Group had announced a Rs 4,000-crore investment through Inox Solar to establish a state-of-the-art solar cell and solar module manufacturing unit in Odisha. The High-Level Clearance Authority (HLCA)-approved project is expected to generate over 3,400 jobs, thereby driving investment, creating employment opportunities, and supporting Odisha's long-term economic development. Industry sources

Premier Energies halts US solar cell facility plans amid policy uncertainty

Concerns over US stance on clean energy have weighed on shares of Premier, which have lost about 23% since hitting a peak in December, after listing in September

Govt mandates use of locally-made solar cells from 2026 to curb imports

The government plans to increase its non-fossil fuel capacity to 500 GW by 2030 from about 156 GW at present

Green investments set to add spark to Tata Power, but challenges remain

This underlines Tata Power's ambitions to lead India's renewable energy or RE transition

India expects surge in solar cell output, says will curb imports from China

In a bid to wean itself off Chinese imports, India has levied taxes on some solar components and introduced a so-called approved list of models and manufacturers

Indosol Solar aims to complete Rs 15,000 crore ingot to module unit by 2025

Shirdi Sai Electricals Limited will make an initial investment of Rs 15,000 crore to build an integrated solar cell to module manufacturing facility at Ramayapatnam in Andhra Pradesh, its CEO Sharat Chandra said on Wednesday. The investments in the first phase are being made through subsidiary Indosol Solar to set up 5 gigawatts (GW) of moduleS, 5 GW wafers, 5 GW ingot and 5 GW glass capacities, he told PTI over the phone. "We have started the production of the module from Sunday (March 31). We call it Phase 1A, which is part of Phase 1. Initially, we started 500 MW module manufacturing by investing Rs 1,300 crore. The entire phase-1 (comprising 500 MW each of module, cell, wafer, and ingot) will be completed by 2025. Additionally, a manufacturing capacity of 5 GW of Glass, a raw material product, will also be set up," he said The entire project is of 30 GW upstream capacity. It is part of the government's PLI scheme for the solar industry, Chandra said without sharing the entire ..

First Solar invests $700 mn for solar manufacturing plant in Tamil Nadu

US-based First Solar said it has invested USD 700 million in setting up India's first integrated solar manufacturing plant in Tamil Nadu that was inaugurated on Thursday. The facility, which has an annual capacity of 3.3 gigawatts (GW), is located in Tamil Nadu. It will produce the 'company's series 7' Photovoltaic (PV) solar modules for the Indian market. The facility has provided a direct employment opportunity to around 1,000 people, according to a statement. Tamil Nadu's Minister for Industries, Promotions and Commerce TRB Rajaa was the chief guest at the plant's inaugural ceremony that was also attended by the United States Ambassador to India Eric Garcetti and Chief Executive Officer of the US International Development Finance Corporation (DFC) Scott Nathan. The factory sets a high bar for sustainability and advanced manufacturing and has created high-value jobs in the state. It will support India's ambition to become self-sufficient in solar technology, Rajaa said. Garcetti

Amp Energy India enters solar cell manufacturing; partners with Websol

Amp Energy on Friday announced its foray into solar cells and modules manufacturing, unveiling its plan to set up a joint venture with Websol Energy Systems. "Amp Energy India... has announced a joint venture (JV) with Websol Energy Systems Ltd for manufacturing and production of up to 1.2 GW monocrystalline PERC solar cells and modules," a company statement said. The production of monocrystalline PERC solar cells and modules would be in two phases of 600 MW each at Websol's existing unit at Falta in West Bengal. The company's entry into manufacturing solar cells will help it to provide a better control over the supply chain for critical components, Amp Energy said. In the JV, Websol will hold 51 per cent stake and Amp Energy will have the 49 per cent. The project is to be financed with a combination of debt and equity and will have an offtake agreement with Amp Energy India for up to 50 per cent of production. The rest of the produce shall be sold in market, helping fill the ...

Renewable ministry, Niti Aayog organise conference on solar cell production

The statement said solar deployment has been the flagship green growth story of the last decade and this would be instrumental to stimulate growth and build a climate-resilient world

ReNew Power to enter solar manufacturing with Rs 2,000 cr investment plan

Goldman Sachs-backed firm plans plant for 2 Gw of solar cells and modules, is in talks with several states to set up plant

Govt proposes Rs 11k-cr plan to boost domestic solar panel manufacturing

To promote manufacturing in India of solar photovoltaic cells and modules, the ministry of new and renewable energy (MNRE) has drafted a set of proposals for financial and other support. Direct financial support of Rs 11,000 crore is proposed."The objective is to eventually have the entire spectrum of manufacturing, from poly-silicon to modules," goes the draft, reviewed by Business Standard. Comment has been invited from the industry, after which the final scheme would follow.Domestic solar manufacturing had been hit by cheaper import in earlier years. So, MNRE initiated a Domestic Content Requirement (DCR) under the National Solar Mission. A portion of projects offered for bidding were to be built through domestic content. This was challenged by the American government at the World Trade Organization, as breaching global rules. In the new policy, the ministry will revise the DCR. Government procurement is proposed at 12,000 Mw, from the existing 1,000 Mw. A new quality order is ...