Solar solutions provider Alpex Solar on Wednesday announced its expansion plans to double its photovoltaic solar module capacity to 2.4 GW by FY2025-26. A greenfield project of 1.2 GW solar PV modules capacity will be installed in the company's newly acquired land parcel at Kosi Kotwan, Mathura in Uttar Pradesh, a statement said. The company will also explore a foray into solar cell manufacturing in the range of gigawatt capacity. The new project will be funded through internal accruals and loans. Once the new line is set up, the company expects a capacity of 2.4 GW by FY2026, enabling it to meet the growing demand in India and other key global markets. The company aims at deeper integration with the solar cell foray building upon its presence in solar PV modules and aluminium frames. Ashwani Sehgal, Managing Director, Alpex Solar said, "We are exploring the foray into solar cell manufacturing. This may afford us multiple advantages, including cost, profitability, and branding, an
The Uttar Pradesh government plans to train 30,000 youngsters as "surya mitras" to achieve its goal of having solar panels on the rooftop every house in the state. Following the launch of the PM Surya Ghar Yojana in February last year, which aims to have one crore solar rooftops across the country, the Yogi adityanath-led Uttar Pradesh government has installed more than 25 lakh in the state. To achieve the target of having solar panels in every house in Uttar Pradesh, there will be a significant need for skilled workers in the solar energy sector, a senior official of the Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) told PTI. For this, the official, said the state agency has set a target of training 30,000 "surya mitras" at district centers and Industrial Training Institutes (ITIs). To develop this skilled manpower, the National Solar Energy Mission has outlined a plan, he said. More than 3,000 youngsters in Uttar Pradesh have completed training courses for s
India installed 20.8 GW of solar modules and 3.2 GW of cell manufacturing capacity in 2023, according to Mercom Capital. The country's cumulative solar module manufacturing capacity reached 64.5 GW, and solar cell manufacturing capacity 5.8 GW as of December 2023, the US-based research firm said in its latest report, State of Solar PV Manufacturing. "About 60 per cent of the installed module manufacturing capacity was equipped to manufacture solar modules in M10 and G12 wafer sizes," the report said. Monocrystalline modules accounted for 67.5 per cent of the country's module production capacity, followed by polycrystalline, tunnel oxide passivated contact (TOPCon), and thin film modules, Mercom said. Module manufacturing capacity is projected to surpass 150 GW, and cell capacity is expected to reach over 75 GW by 2026, it said. "As Indian manufacturers continue to invest in expanding their solar panel production capacities, they need to carefully navigate through the complexities
Recently, Sharma interacted with a delegation of Japanese entrepreneurs led by Japan Ambassador to India Hiroshi Suzuki in Lucknow
The state has set a target to generate 22,000 megawatt (Mw) of solar power over the next five years
As the consumption of electricity in Uttar Pradesh is predicted to shoot up to 53,000 MW in the next five years, Chief Minister Yogi Adityanath has directed officials to focus on alternative sources
The steep proliferation in the state energy demand is attributed to the projected setting up of new industries and manufacturing plants over the next five years
Survey begins to install solar panels on 40 hotels of UP State Tourism Corporation
Yogi government looking at Rs 50 billion private investment in phase I