Moser Baer increases capacity due to solar sector success

Facebook
Twitter
LinkedIn
Reddit
Email

Since the news of Moser Baer’s booming solar sector, the company has announced plans to raise Rs300-400 crore over the next couple of months to fund expansion. Moser Baer will increase the crystalline silicon capacity of its photovoltaic business from 140MW to 240MW. The expansion will take place in two phases, reports Business Standard.

“Our immediate plan or phase one of the expansion is about our crystalline silicon capacity. In PV, for the second consecutive quarter, we have been able to achieve strong shipment and corresponding revenue. We are now actively implementing our expansion plans of the crystalline silicon facility,” Yogesh Mathur, Moser Baer CFO. Phase two of the expansion will involve an increase in the combination of both thin-film and crystalline silicon facilities.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Moser Baer has also commissioned its largest thin-film solar farm at Chandrapur in Maharashtra, with an installed capacity of 1MW. It has announced further plans to commission two more solar farm in the country. The first 5MW farm will be loacted in Tamil Nadu, and involves an investment of US$20 million (Rs90 crore) while the second will be set up in Rajasthan.

Read Next

Premium
June 30, 2025
Solargis CEO Marcel Suri explores three areas where new standards could help underpin greater efficiency, accuracy and market resilience.
June 30, 2025
Heliene has completed the sale of Section 45X Advanced Manufacturing Production Tax Credits in association with Minnesota-based U.S. Bank.
June 30, 2025
Eni subsidiary Plentiude has started operations at the northern block of its 330MW Renopool solar portfolio in Spain.
June 30, 2025
Voting on the US tax reconciliation bill is expected to begin in the Senate today, following a draft published on Friday that hit clean energy tax credits hard.
June 30, 2025
The Spanish government has launched a €100 million (US$117 million) aid programme to help promote the recycling and reuse of materials from renewable energy projects.
June 30, 2025
US clean energy developer Clearway Energy Group has received corporate credit facilities over US$1 billion.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Media Partners, Solar Media Events
July 2, 2025
Bangkok, Thailand
Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico