StarlinePS Enterprises Limited has approved the acquisition of a 50% stake in Celloraa Energy Private Limited, a solar cell manufacturing company, for a total cash consideration of Rs 160 crore. The approval was granted by the company’s Board of Directors. Under the transaction, StarlinePS will acquire 25,000 equity shares of Celloraa Energy at Rs 64,000…
Navitas Solar has announced plans to invest around Rs 1,500 crore to establish a 3.6 GW solar cell manufacturing facility and a pilot wafer-and-ingot production line at its Ankleshwar campus in Gujarat. The project marks the company’s entry into solar cell manufacturing and expands its presence across the solar value chain. The expansion will be…
Chinese TOPCon solar cell prices fell 1.22% to $0.0405/W this week amid weak export demand and contract renegotiations by Indian buyers following India’s proposed antidumping duty. The duty, recommended by the Directorate General of Trade Remedies, may impose up to 30% on Chinese solar cell imports for three years once approved. Manufacturers said Indian firms…
The Ministry of New and Renewable Energy (MNRE) has released detailed clarifications on the inclusion of solar cells in the Approved List of Models and Manufacturers (ALMM). The guidelines define how product families and minor changes will be handled during the enlistment process. Solar cells with and without potential induced degradation (PID) resistance will be…
US trade authorities have confirmed high tariffs on most solar cells imported from Cambodia, Malaysia, Thailand, and Vietnam. This follows a year-long investigation triggered by US manufacturers’ claims that Chinese-owned companies were underpricing products in the market. The investigation began after the American Alliance for Solar Manufacturing Trade Committee filed a petition in April 2024,…
Websol Energy Systems Private Limited has signed a purchase agreement with Luminous Power Technologies Private Limited for the supply of 100 MW of MONO PERC solar cells. The agreement was signed on April 5, 2025. The supply is scheduled to take place over a one-year period, from April 2025 to April 2026. The solar cells…
The Ministry of New and Renewable Energy (MNRE) has issued updated domestic content requirement (DCR) norms for solar cells. According to the new guidelines, only solar cells based on crystalline-silicon technology and manufactured in India using undiffused silicon wafers (black wafers) will qualify as domestically produced. These wafers fall under Customs Tariff Head 3818, and…
Gautam Solar has launched a new solar module manufacturing facility in Bhiwani, Haryana, achieving full-scale operations within a year. Spanning 60 acres, the fully automated plant has already surpassed a 2 GW production capacity, with plans for further expansion. The facility is currently installing two high-speed production lines sourced from Tier-1 suppliers, set to increase…
Premier Energies Limited’s subsidiaries, Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, secured contracts worth Rs 1.46 billion for solar module and cell supply in India on January 14, 2025. The companies won Rs 10.41 billion for solar modules and Rs 4.19 billion for solar cells….
Premier Energies Global Environment Private Limited, Premier Energies International Private Limited, and Premier Energies Photovoltaic Private Limited, subsidiaries of Premier Energies Limited, have secured contracts worth Rs 10.87 billion for the supply of solar modules and cells in India as of November 25, 2024. The contracts include Rs 9.64 billion for solar modules and Rs…