RMC Switchgears sets up solar subsidiary
RMC Solar One will be engaged in the business of generation and distribution of power generated by solar and other resources.
Borosil Renewables posts INR 8.64 crore net loss in Q3
The solar glass manufacturer said all of its major export markets are showing lower demand due to low level of local manufacturing as cheap modules imported from China dominate the installations.
India imposes antidumping duty on solar glass from China, Vietnam
India’s Ministry of Finance has imposed an antidumping duty on solar glass imports from China in the range of $673 to $677 per metric ton and for imports from Vietnam at $565 per metric ton.
Borosil Renewables posts INR 13.13 crore net loss in Q2
Borosil Renewables has posted a consolidated net loss of INR 13.13 crore in the second quarter (July-Aug-Sep) of FY 2025, compared to INR 30.47 crore net profit in the corresponding period of FY 2024.
DGTR recommends anti-dumping duty on solar glass imports from China, Vietnam
India’s Directorate General of Trade Remedies (DGTR) has recommended an anti-dumping duty on solar glass imports from China and Vietnam after its investigation concluded that imports from these countries are undercutting the prices of the domestic industry. The landed value of the imports is below the selling price as well as the cost of the domestic industry.
Borosil Renewables completes acquisition of 49% stake in Clean Max Prithvi
Clean Max Prithvi, a special-purpose vehicle set up by Clean Max Enviro Energy Solutions, would develop and maintain a 16.5 MW hybrid solar-wind power plant for offtake by Borosil Renewables.
Borosil Renewables mulling solar module recycling
Solar glass manufacturer Borosil Renewables is seeking technology partners to develop and scale its PV module recycling initiative.
Borosil Renewables profit drops 47% as margins contract
The Indian solar glass manufacturer recorded a net profit (profit after tax) of INR 88.54 crore in FY 2023, a decrease of 47% over FY 2022.
Borosil Renewables’ solar glass capacity in Germany increases to 350 tpd
Borosil Renewables said the solar glass capacity of its German arm GMB Glasmanufaktur Brandenburg GmbH has increased to 350 tonnes per day (tpd) from 300 tpd following the modification and cold repair of its furnace.
Triveni Glass to build solar glass factory in Andhra Pradesh
Triveni Glass is the latest to venture into solar glass production after Asahi India Glass, Gold Plus Glass Industry, and Chiripal Group. It plans an 840tpd factory with an estimated investment of INR 1,000 crore.
