Loom Solar eyes Rs 100 crore turnover by FY21
The monocrystalline solar panel and AC module maker, has, on average, achieved a ten times revenue growth year-on-year since its inception. It now aims to generate over Rs 100 crore revenue by the end of FY 2021—a 300% increase within a year.
Manufacturers want 50% basic customs duty on solar imports
India imported solar cells and modules worth $1.3 billion from China in FY2019-20. Domestic manufacturers have demanded a level playing field to compete against cheaper imports.
REIL seeks 6500 quantities of 330Wp solar modules
Bids are invited from Indian manufacturers to supply polycrystalline solar modules with an efficiency of a minimum 16.75%. Bidding closes on September 3.
Waaree supplies 50 MW solar modules for an American project
The Mumbai-based manufacturer has a 2 GW state-of-the-art solar module manufacturing capacity in Gujarat and is setting up an additional Rs 11-billion modules and cells factory in the state.
New 610 W-plus photovoltaic panels
Chinese PV module maker JinkoSolar unveiled its new 610 W Tiger Pro TR solar modules on Saturday at the SNEC PV Power Expo in Shanghai. Furthermore, bifacial module specialist Jolywood launched the Niwa Super module series, which has a power output ranging from 570 W to 615 W and a reported efficiency of 22.1%.
REIL seeks 600,000 multi-crystalline silicon solar cells
August 21 is the deadline to submit bids for supply of 4.50W (4-/5-busbar), 4.60W (5-busbar) and 4.67W (5-busbar) multi-crystalline solar cells. Only Indian manufacturers are eligible to participate.
‘Spontaneous de-doping’ for 17.8%-efficient perovskite mini-module
U.S. scientists have found a new ‘de-doping’ process in perovskite solar cells that could cut production costs and produce better devices. They have used this to fabricate a mini-module with 17.8% efficiency.
REIL opens tender for 6500 quantities of 325Wp solar modules
Bids are invited from Indian manufacturers to supply 72-cell, 325Wp polycrystalline solar modules made using domestically manufactured cells. August 20 is the last date to lodge the interest.
Safeguard duty on solar cell imports extended by a year
The import duty will be levied on Chinese, Vietnamese and Thai solar cells – whether assembled into modules or not – at 14.9% from today and falling to 14.5% in six months’ time. Malaysian products are exempted as their imports have fallen dramatically since the duty was imposed, in July 2018.
Azure Power secures Letter of Award for 2 GW Greenshoe option
With this, the NYSE-listed developer has been awarded 4 GW in total as part of an auction won in December, which is one of the largest solar projects ever awarded globally.
