JMK Research projects that 21.2 GW of new solar capacity will be installed in India in fiscal 2025. The new additions will include 16.5 GW of utility-scale PV, 4 GW of rooftop solar, and 700 MW of off-grid installations.
Waaree Energies says it will supply 445 MW of its 540/545Wp dual-glass PV bifacial modules to Statkraft India’s single-location solar projects in Rajasthan, India.
India’s Pahal Solar has launched n-type tunnel oxide passivated contact (TOPCon) glass-backsheet modules with peak power outputs of 560 W to 595 W and efficiency ratings ranging from 21.68% to 23.03%.
Economic cooperation between India and Australia may open doors for investment in clean energy technology, but challenges still abound in a competitive global market. Vibhuti Garg and Shantanu Srivastava, of the Institute for Energy Economics and Financial Analysis (IEEFA), discuss the role that public funding and resource pooling could play in supporting manufacturing ambitions.
With PV module capacity ramping up, glass suppliers have been investing in new solar glass production capacity. As in India and China, new facilities are popping up in North America, with unique twists to ensure competitiveness, such as using recycled material.
Reliance Industries Ltd. (RIL) has completed the sale of REC Solar Holdings’ kerf-based polysilicon manufacturing division, REC Solar Norway, to Elkem ASA. However, it will retain the technology and intellectual property rights of kerf-based polysilicon.
In a new weekly update for pv magazine, Solcast, a DNV company, reports that, despite record rainfall in the middle of April, areas of the Arabian Peninsula still saw above-average irradiance through April, with the UAE and parts of Saudi Arabia seeing irradiance about 5% above normal.
India Ratings and Research says India will maintain its current pace of renewable-energy capacity additions due to a significant drop in equipment prices and ongoing policy support.
With solar module oversupply triggering a price freefall in 2023 and no recovery in sight, market consolidation, inventory pile-up, technology shifts, and challenges to reshoring PV manufacturing are set to affect all levels of the solar supply chain.
Praveer Sinha, CEO and managing director of Tata Power says the company’s 4 GW solar cell factory in the Indian state of Tamil Nadu will be commissioned from next month. It will reach peak production capacity of 4 GW over a period of three months.
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