Myanmar Prime Minister Min Aung Hlaing called for greater domestic production of solar panels and raw materials during a recent visit to a factory in central Myanmar, citing the need to strengthen local supply chains for renewable energy.
In a new weekly update for pv magazine, OPIS, a Dow Jones company, reports that US-assembled modules with imported cells continue to be heard between $0.26/W and $0.33/W, while modules with domestic content – which are still limited to just a handful of producers – are generally quoted between $0.4/W and $0.5/W.
“Construction activities are actively ongoing, and contracts for the Odisha [solar manufacturing] facility have been duly awarded and are being executed as planned,” said Dr. Amit Paithankar, CEO and Whole-time Director of Waaree Energies.
Waaree Energies board of directors has approved a change in the location of its 6 GW ingot-to-solar module manufacturing project from Odisha to multiple sites across Gujarat, Maharashtra, and other potential states.
Solar module prices in Europe have fallen by up to €0.01 ($0.01)/W this month, according to pvXchange.com, as the PV market shows resilience amid policy uncertainty and geopolitical risks.
China’s Trina Solar has unveiled a perovskite‑silicon tandem solar module prototype delivering 841 W and 27.1% efficiency, based on 210 mm tandem cells.
Solar manufacturer Indosolar Ltd’s equity shares will resume trading on the stock exchanges from Thursday, June 19, 2025. The shares will be listed under the ‘T’ Group of Securities and will trade under the scrip ID WAAREEINDO.
The company expects to start operations on the 3 GW solar cell line by the first half of fiscal 2027.
Australia’s rooftop solar industry has renewed calls for a mandatory recycling scheme to deal with the growing problem of solar panel waste. Only about 10% of panels are currently recycled. The rest are stockpiled, sent overseas or dumped in landfill.
ReNew’s net profit for the quarter ended March 31, 2025 surged 415% year-on-year to INR 313.7 crore ($37 million) with external sales of solar modules and cells alone contributing INR 220 crore.
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