Manufacturing

With solar module oversupply triggering a price freefall in 2023 and no recovery in sight, market consolidation, inventory pile-up, technology shifts, and challenges to reshoring PV manufacturing are set to affect all levels of the solar supply chain.

Researchers at the German research institute have found that indirect gravure printing for metallization of silicon heterojunction solar cells reduces silver consumption and cycle times to below 0.5 seconds per cell, while still enabling conversion efficiencies of up to 20.7%.

GP Eco Solar will use the funds raised through the initial public offering (IPO) on NSE Emerge to fuel its growth in the solar sector. It will allocate around INR 12.45 crore for working capital and expansion, and invest INR 7.6 crore in subsidiary Invergy India for a new solar inverter assembly facility in Noida.

SEG Solar has secured a land-use agreement for a solar-focused manufacturing site in an industrial zone on the Indonesian island of Java. The $500 million plan will involve the production of 5 GW of silicon wafers, 5 GW of solar cells, and 5 GW of PV modules.

Societe Generale will provide up to $1 billion of debt finance and advisory solutions, over the next three years, to support the development of ReNew’s energy transition projects.

Manufacturers now have until May 31 to submit bids for setting up electrolyzer manufacturing capacities in India under the second round of the government’s Strategic Interventions for Green Hydrogen Transition (SIGHT) program.

India Ratings and Research expects India to maintain pace of renewables capacity addition owing to a significant drop in equipment prices, continued policy support, availability of liquidity, and investment plans of some of the large corporate players.

The latest supply chain report from the Hong Kong-based technical compliance and quality assurance company covers India, providing information about current and planned capacity at 116 manufacturing plants.

Hydrogen, often lauded as a beacon of hope in the quest for a low-carbon future, stands at a pivotal crossroads. As the world grapples with the dual challenges of escalating energy demands and climate change, hydrogen presents a unique opportunity to harmonize industrial development with environmental stewardship. However, its path is fraught with complexities and obstacles that require careful navigation.

Exicom’s Harmony Gen 1.5 DC Fast charger features a modular construction enabling power outputs from 60 kW to 400 kW. The charger is suitable for in-city, highways or heavy duty fleets.