Borosil Renewables to expand solar glass manufacturing capacity to 2,000 tons per day
The solar panel glass manufacturer expects strong growth in demand for its products at home and abroad with a significant rise expected in the production of PV modules in the USA and Europe.
New solar glass factory to come up in India
Auto glass producer Asahi India Glass and polyfilm maker Vishakha Group have teamed up to set up India’s largest solar glass plant in Gujarat. The factory is initially planned to have a capacity equivalent to 3 GW of solar installation per annum.
Surge in solar panel and polysilicon prices may impact projects in India
Modules represent 45 to 55% of the project capex. In a very competitive market like India, independent power producers have lower margins, and even a modest increase in module prices will put more pressure on them.
Indian solar glass maker’s revenues soared 85.4% in FY2020-21
Despite a Covid-hit first quarter, Borosil Renewables registered a strong growth in annual revenues driven by record sales and high price realizations in the fourth quarter.
Solar glass maker Borosil Renewables bags national award
The government of India has recognized the manufacturer for the development and commercialization of 2mm thick fully-tempered solar glass, Selene anti-glare solar glass, and Shakti solar glass in matt-matt finish.
Government to finance 100 MW Bangladeshi solar plant
The federal government will provide INR968 crore of soft loans for a INR1307 crore, 100 MW solar park near the Jamuna river in Bangladesh’s Jamalpur district, where a second park of a similar size is being planned by Dhaka and a Chinese partner.
Premji-backed Indian firm to make solar glass
Float glass manufacturer Gold Plus Glass Industry confirmed to pv magazine its plans to establish a solar glass factory with a capacity of 300 tonnes per day. The plant, located in south India, will be operational by September 2023.
Borosil Renewables posts a 74.3% y-o-y revenue growth in first nine months
The Indian solar glass manufacturer reported net revenue of around INR 300 crore during the current fiscal’s nine months ended December 2020, with the best-ever quarterly earnings of INR 140 crore coming from the third quarter.
Indian trough highlighted by Chinese solar glassmaker
Xinyi Solar has posted bullish annual figures on the back of an astonishing rebound in the global market following Covid travails at the start of 2020. There is one national market, however, which has not been invited to the party.
Borosil Renewables raises INR 200 crore though QIP issue
The solar glass manufacturer plans to utilize the funds to more than double its solar glass production capacity from 450 tonnes per day (TPD) to 950 TPD.
