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.
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.
The National Renewable Energy Laboratory noted an increase in spontaneous glass breakage in solar panels. The PV Module Index from the Renewable Energy Test Center investigates this and other glass-related trends in solar manufacturing.
Slovakian scientists have developed a novel hydrophobic, antireflective coating for solar glass with a silica-titania thin film as the bottom layer and an inorganic-organic upper layer made of silica modified with triethoxy(octyl)silane. This new coating increases glass transmittance by 7% compared to uncoated glass.
Large capacity addition in solar modules by 15-20 players is likely to drive domestic solar glass demand, say CRISIL analysts in an interview with pv magazine. New players have expressed interest to set up solar glass manufacturing in India, however, import duty removal last year on solar tempered glass has put them in a wait and watch mode.
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 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 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.
Gujarat-based Borosil Renewables has started trial production from its third solar glass furnace, raising its capacity in India to 1,000 tons per day (tpd). Its cumulative solar glass capacity has reached 1,300 tpd, which includes 300 tpd in Germany added through the acquisition of Interfloat Group.
Borosil Renewables had signed a binding offer for 100% equity in Interfloat Group, Europe’s largest solar glass manufacturer, in April this year.
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