US-based First Solar will invest $684 million, or roughly Rs 4,965 crore, in India to build a solar PV (photovoltaic) module manufacturing plant with more than 3 GW (gigawatts) capacityContinue Reading
More than 80% of India’s local demand for solar modules have been met through imports from other Asian countries such as China, Vietnam and Malaysia. At present, the cumulative solarContinue Reading
US-based 1366 Technologies is looking to invest $300 million to set up a facility in India for solar wafer and cell production. The company is backed by Bill Gates’ BreakthroughContinue Reading
The Indian government has announced a new incentive scheme to boost manufacturing in the solar power sector. Through this scheme, the government plans to disburse more than $600 million overContinue Reading
The Indian government is funding research at the Indian Institute of Technology Bombay (IIT Bombay) and state-owned engineering firm Bharat Heavy Electricals Ltd (BHEL) to develop high-efficiency solar cells evenContinue Reading
Premier Energies said that it would commission a 1.5 GW solar photovoltaic cell manufacturing facility in the next two months at E-city, Hyderabad, tripling its existing production capacity. The Secunderabad-basedContinue Reading
The Union Cabinet’s decision to award ‘performance linked incentive’ (PLI) to high efficiency solar panel manufacturers is likely to give a boost to the domestic companies. Unlike wind power sectorContinue Reading
India is considering multiple efforts to discourage developers to import Chinese equipment and encourage investors to develop domestic manufacturing facilities. India first imposed a safeguard duty on Chinese solar cellsContinue Reading
