Solex Energy targets 5 GW of solar cell and 15 GW of panel manufacturing capacity by 2030
Gujarat-based Solex Energy plans to invest INR 8,000 crore by 2030 to achieve 5 GW of solar PV cell manufacturing capacity and 15 GW of module capacity.
Sharp unveils 610 W TOPCon solar panel with 22.58% efficiency
Sharp’s new IEC61215- and IEC61730-certified solar panels have an operating temperature coefficient of -0.29% per C and a bifaciality factor of over 80%.
Tata Power begins solar cell production at 4.3 GW plant in Tamil Nadu
Tata Power’s step-down arm TP Solar Ltd has commenced commercial production of solar cells with an initial capacity of 2 GW at its 4.3 GW integrated PV cell and module plant in Tirunelveli.
Japan’s Toyo Solar announces 2 GW panel factory in US
Toyo Solar has revealed plans to open a 2 GW solar panel factory in the United States and has filed to raise $100 million for a future tunnel oxide passivated contact (TOPCon) solar cell facility.
Price range for US-delivered modules widens
In a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry.
Solar module installations could hit 592 GW in 2024
BloombergNEF says the global solar industry will install 592 MW of modules this year, up 33% on 2023. The consultancy has also lowered its estimate for 2024 polysilicon production, as manufacturers are temporarily scaling back output.
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.
Axitec opens new 300 MW solar module factory in Tamil Nadu
Axitec’s 300 MW plant in Tiruvallur, Tamil Nadu, is equipped to manufacture solar modules based on n-type TOPCon technology.
PV industry faces consolidation, says JinkoSolar
JinkoSolar has begun converting its production to n-type tunnel oxide passivated contact (TOPCon) products to stay competitive, says Frank Niendorf, the company’s general manager for Europe. He predicts that several market players in the value chain will exit the market soon.
Websol Energy System posts profit in Q1
The Kolkata-based solar cell and module manufacturer has reported a total income of INR 111.83 crore and a net profit of INR 22.88 crore for the April-May-June quarter of FY 2024-25
