China

Sungrow will supply 1500V inverter solutions for Hero Future Energies’ multiple renewable energy projects located in India.

Amara Raja Energy & Mobility Ltd has secured the technology license from China’s Gotion High-Tech to manufacture lithium ferro phosphate (LFP) battery cells in both cylindrical and prismatic form factors.

Kabra Extrusion Technik will produce advanced battery energy storage system (BESS) solutions based on battery cells from China’s Eve Power.

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.

The influx of affordable Chinese green products is pressuring local industries in major economies, particularly the U.S. and Europe, driving down prices and potentially stifling domestic innovation due to competitive disadvantages.

The ongoing price war between top global suppliers could catalyse more competitive solar panel pricing in the Indian market, potentially leading to an increase in solar adoption at both the commercial and residential levels.

China’s SolarSpace has partnered with NTPC to provide dual-glass PV modules for NTPC’s 375 MW solar project in Bhuj, Gujarat, with Zetwerk as the supply partner.

Jolywood has suspended plans to build 100,000 metric tons (MT) of polysilicon capacity at a facility in Gujiao, China’s Shanxi province.

Sunpure will supply Larsen & Toubro with water-free PV cleaning robots for the world’s largest utility-scale hydrogen plant powered entirely by renewable energy.

Greenko founders-owned AM Green will partner with Chinese multinational Envision Energy to manufacture wind turbines in India for green energy projects of AM Green and its customers. The two companies will also collaborate on net-zero industrial parks and green hydrogen projects in India and globally.