The solar industry’s freefall: A price war with no end in sight?
The future of the solar industry hangs in the balance as manufacturers, regulators, and market players grapple with a perfect storm of falling prices, rising costs, and a fiercely competitive global landscape.
ESG reporting standard in India requires holistic approach to build global comparability
ESG (environmental, social, and governance) measurement is often inconsistent, as there are multiple ESG rating agencies, sustainability reporting standards and data providers and all deploy their own methodologies and parameters. That makes it challenging for the investors and other stakeholders to evaluate critical ESG metrics and make well-informed choices.
U.S. solar industry standards for solar supply chain transparency
The Solar Energy Industries Association (SEIA) submitted a draft industry standard to help companies comply with Customs and Border Patrol (CBP) traceability requirements for solar component imports.
Solar industry faces collapse amid surplus and plunging prices
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.
Supply chain innovation vital for product transformation
Real-time data visibility is the most crucial aspect of modern supply chain management. Companies should utilize Internet of Things (IoT) devices, blockchain technology and cloud-based platforms to monitor their global supply chain networks. This gives key details on inventory levels, manufacturing progress, and shipping schedules.
Global battery market crisis: Will SECI benefit as oversupply sparks industry chaos?
The global battery glut is likely to influence the price discovery of Solar Energy Corp. of India’s tender for 2 GW solar with 1 GW/4 GWh energy storage system, writes Ali Imran Naqvi, executive director (ED), Gensol Engineering Ltd.
PM Surya Ghar Muft Bijli Yojana: Challenges and Solutions
Mandating stringent quality and performance standards is imperative to safeguard consumers from potential exploitation in the burgeoning rooftop solar market. The technology to do this exists, but we need to see if the will is there.
Solar industry grapples with oversupply and uncertainty
The solar industry stands at a critical juncture. Oversupply, regulatory hurdles, and technological advancements are all reshaping the landscape. Manufacturers must adapt swiftly, balancing production with demand while navigating the complexities of global trade.
Stepping up critical mineral production remains crucial for India’s energy security: ICRA
Advancement in mineral processing and beneficiation technology remains critical for commercialisation of domestic critical mineral resources.
China’s solar dominance set to continue amid price slide
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.
