Bluebird Solar is expanding its PV module manufacturing capacity to 1.2 GW per year with the addition of an 800 MW fully automated line at its facility in Greater Noida. Cliantech Solutions will supply and install production equipment from leading companies.
Rays Power Infra will use the funds to develop solar and wind parks with a cumulative capacity of around 3 GW. Additionally, it will invest in both backward and forward integration of its business.
Hydrogen electrolysers are emerging as key players in grid balancing and energy storage strategies worldwide. By converting excess renewable electricity into hydrogen during periods of low demand, electrolysers offer a scalable solution to store energy for later use.
The new venture is expected to bring 2 GW of solar module manufacturing capacity to the US market within 18 to 24 months.
Trina Solar says it has started evaluating potential violations of some of its patents for tunnel oxide passivated contact (TOPCon) tech. One of the patents focuses on the number of busbars and their width in TOPCon solar panels.
Employment creation and skill development have been at the core of this budget. While there is a lot of emphasis on skill development, there needs to be an emphasis on how money is allocated for skilling and reselling of people for the clean energy sector.
National Solar Energy Federation of India (NSEFI) expects budget to accelerate renewable energy uptake across MSMEs and hard-to-abate industrial sectors.
Import of solar glass will attract 10% customs duty from October. Further, the list of exempted equipment for solar cell and panel production has been expanded.
The World Trade Organization (WTO) Secretariat has criticized China for an alleged lack of transparency in its state support framework and has urged the nation to improve its subsidy notification process.
While companies grapple with razor-thin margins, these price wars are accelerating the adoption of solar power globally.
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