Manufacturing

The government’s production-linked incentive (PLI) scheme for electrolyzer manufacturing has received an overwhelming response with bids received for 2.28 times the capacity to be awarded.

Aether Industries has announced entry into the electrolyte additives and battery space after a substantial contract signed with an undisclosed lithium-ion battery producer.  

OCIM, a South Korean polysilicon manufacturer, will supply CubicPV with U.S.-compliant silicon for development of solar wafers.

Vikram Solar will supply mono PERC bifacial PV modules to NTPC’s Nokh solar power project in Rajasthan. This order will take Vikram Solar’s cumulative NTPC portfolio to 947 MW.

The Union Minister of State for New & Renewable Energy, Bhagwanth Khuba, also exhorted the manufacturers to be reasonable in pricing solar modules and not take undue advantage of basic customs duty by spiking domestic panel prices.

The Chinese PV inverter manufacturer has surpassed 10 GW of solar inverter shipments in India.

SMA Solar Technology AG says it will open a new 3.5 GW inverter factory at an unspecified location in the United States in 2025. The German manufacturer is currently talking with several US states and potential partners to select the best production site.

Akcome Technology has expanded its heterojunction (HJT) solar cell capacity by an additional 4.6 GW, while China Energy Construction Corporation (CECC) has kicked off a 42 GW inverter tender for 2024.

Oversupply is hitting some solar manufacturers hard but grid constraints and labor shortages are unlikely to hold the solar industry back in 2024.

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.