India’s Ministry of New and Renewable Energy (MNRE) has called on domestic solar manufacturers to update information on their installed capacities, operational capacities and annual production.
After two years of tumbling solar tariffs hitting the headlines, the Indian industry is feeling the consequences of its risk-taking for the first time, with a series of reversing market conditions and contract renegotiations sparking serious concern.
Global environmental and industrial analysis firm Vaisala said it was expanding its solar sector operations in India due to demand with plans to double its workforce in the country by the end of 2017.
India has enough tempered solar glass capacity to cater for its own PV manufacturers despite the introduction of anti-dumping duties against certain glass imports from China, according to the Indian firm that originally petitioned for the trade measures.
Indian manufacturer Borosil Glass Works has completed acceptance tests for a major line of 2mm fully-tempered glass, which a company executive claims to be the first such glass produced at this thickness in the world.
Indian integrated solar firm Tata Power Solar saw profits after tax more than triple in the 2017 fiscal year, driven mainly by a shift in focus from manufacturing towards providing EPC services.
India could become the fourth largest market for renewable energy in the world with 25% renewable energy in its mix by 2030, according to a new report by the International Renewable Energy Agency (IRENA).
