New US solar manufacturer to open 2.5 GW HJT factory
NuVision Solar – a newly formed, US-owned and operated manufacturer – has revealed plans to produce heterojunction (HJT) solar cells and modules.
ALMM cell mandate will drive up capital cost for solar developers, says Crisil report
The prices of domestically manufactured solar cells are 1.5-2 times more than alternatives from China even after basic customs duty. Such high prices can drive up the capital cost of solar power projects by INR 5-10 million/MW and, in turn, tariffs by 40-50 paise per kWh, says CRISIL Market Intelligence and Analytics.
Trump touts solar trade tariffs
While the Inflation Reduction Act (IRA) is reshoring solar manufacturing in the United States, raising import tariffs may slow momentum. The actions of the incoming Trump administration are tough to forecast at this point.
Shift to 2 kV voltage in solar projects tipped to gain traction
Amid record-low prices for solar modules, the focus of cost reduction for utility-scale solar projects is shifting to non-module balance-of-system (BoS) expenses. A transition from 1.5 kV voltage to 2 kV in solar projects is expected to gain traction through 2030.
Grew Energy to supply 500 MW of PV modules for Jindal Renewable’s solar project
Grew Energy will supply PV modules for Jindal Renewable’s upcoming solar project to power steel production.
India’s green hydrogen leap presents INR 8-10 trillion opportunity
India’s target of achieving 5 million tonnes per annum of green molecule production by 2030 presents an investment opportunity of INR 8-10 trillion across building the infrastructure for electrolyzer production, renewable energy generation and green molecule production.
China approves polysilicon futures
The China Securities Regulatory Commission (CSRC) has approved polysilicon derivatives to address rising price volatility and structural imbalances between supply and demand in the solar-grade polysilicon market.
The Hydrogen Stream: IGI Poseidon, Corinth Pipeworks test H2 transport pipes
IGI Poseidon has partnered with Corinth Pipeworks to test carbon-steel pipes for hydrogen transport under high pressure, while Axpo has begun building a green hydrogen plant in Switzerland to fuel vessels and other applications from 2026.
RMC Switchgears to set up 1 GW solar module, mounting structure manufacturing facility
RMC Switchgears will build a solar manufacturing facility with an annual production capacity of 1 GWp of PV modules and an equivalent capacity of module mounting structures in Rajasthan.
Waaree Energies secures module orders for 398 MW of solar projects
Waaree Energies has secured PV module supply orders for two solar projects of 249 MW and 149 MW, respectively. The orders have been placed by a domestic renewable power developer.
