The Indian solar glass manufacturer reported net revenue of around INR 300 crore during the current fiscal’s nine months ended December 2020, with the best-ever quarterly earnings of INR 140 crore coming from the third quarter.
Xinyi Solar has posted bullish annual figures on the back of an astonishing rebound in the global market following Covid travails at the start of 2020. There is one national market, however, which has not been invited to the party.
The solar glass manufacturer plans to utilize the funds to more than double its solar glass production capacity from 450 tonnes per day (TPD) to 950 TPD.
The Indian solar glass maker posts revenue of INR 168.16 crore for the first half of FY2020-21, generating profits (after tax) of INR 12.19 crore.
Indian scientists have developed a hybrid production method combining metal mesh and a metal-oxide layer over a glass substrate which they say brings down production cost by 80% compared to the tin-doped, indium oxide-based technology currently in use.
A Turkish research team has analyzed how big changes in temperature can affect absorbance, light transmittance and reflectivity in two types of solar glass. The scientists demonstrated lower efficiency in solar cells and the glass itself were attributable to a large number of micro-cracks and deformations on the glass surface.
Borosil Glass Works plans to consolidate its solar business by amalgamating Gujarat Borosil, Vyline Glass and Fennel Investments, while simultaneously demerging its consumer and scientific glassware business. Post restructuring, Borosil Glass Works will be renamed as Borosil Renewables.
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