Moser Baer Photovoltaic (MBPV), a subsidiary of the optics and technology company Moser Baer India, has postponed its October plans to set up a manufacturing facility. Originally, MBPV was to build an Rs 2,000 core facility to manufacture silicon PV film modules on a 120 acre site near Chennai. The company blames the process of choosing equipment partners and similar negotiations for the delay but provided no information on the financing of the project. “The going is tough for the solar sector because of over-supply, but the country is solar-friendly,” said a source.
This article requires Premium SubscriptionBasic (FREE) Subscription
Already a subscriber? Sign In
Try Premium for just $1
- Full premium access for the first month at only $1
- Converts to an annual rate after 30 days unless cancelled
- Cancel anytime during the trial period
Premium Benefits
- Expert industry analysis and interviews
- Digital access to PV Tech Power journal
- Exclusive event discounts