India exported solar modules worth $782 million in April-Nov. period of 2024
India exported solar PV modules worth around $782 million in FY 2024-25 till Nov. 2024. The value of exports to USA stood at $756.08 million.
Grew Solar to set up 3 GW ingot-module factory in Madhya Pradesh
Grew Solar’s facility in Madhya Pradesh will produce 3 GW of ingots, wafers, cells and modules per year.
China adds export restrictions for minerals used in thin-film solar
Restriction on cadmium telluride exports is expected to increase costs for U.S.-based thin-film solar manufacturer First Solar.
Sinovoltaics updates PV module manufacturer financial stability ranking
The latest ranking based on Altmann-Z scores sees India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy retain the top three spots. But further below in the ranking, analysts see more firms with lower scores compared to the last quarter.
Gautam Solar’s Bhiwani factory close to achieving 3.2 GW capacity in March
Gautam Solar plans to achieve a total solar module manufacturing capacity of 5 GW by year end.
Waaree commissions first phase of 5.4 GW solar cell factory
Waaree Energies has started commercial production from the first 1.4 GW out of the planned 5.4 GW solar cell manufacturing capacity in Chikhli, Gujarat.
China exports 235.9 GW of solar panels in 2024
China exported 235.93 GW of PV panels in 2024, a 13% increase over the previous year. Of this, 94.4 GW were shipped to Europe, down 7% from 2023.
China polysilicon price rebound nears its limit
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
India hits 100 GW of installed solar power capacity
India’s total installed solar capacity stood at 100.33 GW as of Jan. 31, 2025, with 84.10 GW under implementation and an additional 47.49 GW under tendering.
German wholesalers hit by six-figure losses from new solar module scam
Suspected fraudsters are using false identities to claim they are interested in solar modules. The wholesalers typically respond by delivering the requested products, but the scammers never actually pay for their orders. These are not isolated cases, as a clear pattern has emerged.
