In Short : Solar industry stakeholders have requested a dedicated manufacturing and business zone on Ajmer Road instead of the proposed site near Jodhpur. Industry players cite better connectivity, logistics, and access to markets as key advantages. Establishing the zone near Ajmer Road could attract investment, support manufacturing growth, and strengthen Rajasthan’s position as a […]
Government Extends PM-KUSUM Deadlines, Solar Industry Welcomes Relief for Ongoing Projects – EQ
In Short : The government has extended deadlines under the PM-KUSUM scheme, providing relief to developers and farmers working on solar pump and feeder solarization projects. The extension aims to address execution delays, improve participation, and ensure completion of pending installations. Industry stakeholders have welcomed the move, stating it will accelerate deployment, strengthen rural solar […]
Solar Industry Speeds Up Transition Away from Silver Amid Rising Costs – EQ
In Short : The global solar industry is accelerating efforts to reduce and replace silver in photovoltaic cell manufacturing as prices surge and supply volatility intensifies. Manufacturers are investing in copper-based metallization technologies and efficiency improvements to lower costs, secure supply chains, and maintain competitiveness, signaling a structural shift in materials innovation across the renewable […]
India’s Solar Industry Urges Full-Scale Domestic Manufacturing for Energy Independence – EQ
In Short : Industry leaders are urging the government to promote end-to-end solar manufacturing in India, covering everything from polysilicon to modules. Currently, the country relies heavily on imports for critical components. Strengthening the domestic supply chain will reduce dependence on foreign markets, create jobs, and support India’s goal of becoming a global hub for […]
Solex Energy Limited Reports 80% Revenue Growth, Strengthening Leadership in Solar Industry – EQ
Surat, Gujarat – Solex Energy Limited (NSE: SOLEX), one of India’s trusted solar brand, continues its growth trajectory, recording an 80% increase in revenue over the last fiscal year (FY 2023-2024). The company has also maintained an extraordinary compound annual growth rate (CAGR) of 110%, further solidifying its position as a leading player in the […]
Solar industry body seeks zero duty structure for cells modules under Indo-US trade pact – EQ
In Short : India’s solar industry is urging a zero-duty structure on solar cells and modules under the Indo-US trade pact to reduce project costs and boost growth. This follows the end of duty-free imports and new tariffs on solar glass. The industry seeks relief to make solar energy affordable and support India’s renewable energy […]
Union budget 2025: A bright future for India’s solar industry – EQ
In Short : The Union Budget 2025 boosts India’s solar industry with higher allocations, incentives for domestic manufacturing, and expanded rooftop subsidies. It emphasizes grid modernization, energy storage, and investment-friendly policies, strengthening India’s clean energy push. These measures align with the nation’s net-zero goals, ensuring a sustainable and self-reliant future for the renewable energy sector. […]
Import Dependence Of Solar Industry Set To Come-down To 10% by 2030 – EQ
In Short : India aims to reduce its solar industry’s import dependence to 10% by 2030, down from 90%. This shift is driven by investments in domestic manufacturing and government policies supporting renewable energy. However, reaching the 500 GW renewable energy target by 2030 may still require substantial imports, potentially costing India $30 billion annually. […]
Clean Energy Associates release alarming stats on the solar industry – EQ
In Short : Clean Energy Associates has released alarming statistics regarding the solar industry, highlighting challenges and opportunities. The report underscores issues like supply chain disruptions, material shortages, and increased demand impacting solar projects globally. It also outlines strategies for resilience, emphasizing supply chain diversification, technology innovations, and collaboration between stakeholders. These insights provide a […]
Comparison between PERC, TOPCon, and HJT technologies in Solar Industry Mr. Ankit Singhania, Director & Co-Founder, Navitas Solar – EQ Mag
There are two upcoming technologies in the module manufacturing industry named as TOPConand HJT. Chinese module manufacturing giants have already adopted TOPCon and HJT and in India also we’re in the transition phase of adopting the same. Indian module manufacturers have already installed PERC in the past 2-3 years andwill shift to TOPCon and HJTin […]