Alpex Solar plans to double its PV module manufacturing capacity to 2.4 GW by FY 2026. The company is also exploring gigawatt-scale solar cell manufacturing.
In its 3Q 2024 global market outlook, Bloomberg forecast the world will install 592 GW in 2024, up one 33% from last year.
Jakson Engineers is setting up a 2.5 GW solar cell manufacturing plant and also expanding its existing module manufacturing facility to 2 GW with an investment of around INR 2,000 crore ($240 million).
A recent report by WalkWater Talent Advisors underscores a significant talent shortage in specialized roles such as project management, business development, and regulatory affairs within India’s renewable energy sector.
After closing its business, eligible SunPower customers will have their warranty supported by Maxeon.
QatarEnergy has unveiled plans for a 2 GW solar project in western Qatar, which will more than double the country’s cumulative installed solar capacity.
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.
Reliance Industries’ new energy business is currently developing first-generation bifacial solar panels using indigenized HJT technology with 26% cell efficiency. It is also working on perovskites and back-contact HJT-IBC, which it expects to commercialise within the next two years.
Conceived by Chinese scientists, the cell was built with new surface reconstruction strategy based on the use of 1,4-butanediamine (BDA) and ethylenediammonium diiodide (EDAI2) as surface modifiers. The device was able to retain 79.7% of its initial efficiency after 550 h.
The solar industry is at a crossroads. While demand for PV installations is higher than ever, systemic overcapacity, falling prices, and financial losses across the supply chain threaten to undermine the industry’s long-term sustainability.
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