The Indian industrial conglomerate is currently planning to build a 150 MW vertically integrated PV panel manufacturing facility.
The EC said the two PV module makers have violated the undertaking for the minimum price of solar products imported from China.
The Japanese equipment provider also reported a profit of JPY 446 million ($4.0 million) for the first three quarters of the current fiscal year.
The Indian manufacturer is reported to have completed a fully automatic solar module manufacturing plant in Sangareddy district of the Indian state of Telangana.
More than 100 research centers, associations and companies have signed the letter.
The provisional insolvency administrator of the German module manufacturer is now in talks with a potential investor for the acquisition of the company’s German manufacturing facilities in Freiberg and Arnstadt. Around 1,200 employees will be transferred to a transitional company.
The Norwegian polysilicon producer saw its revenue drop slightly Y-o-Y to $61.0 million in the latest quarter. Average solar grade polysilicon prices, on the other hand, dropped by 6.9% from the previous quarter.
The company said that continuing it’s business operations is possible only with reduced staff. Production must keep going in the interest of possible future investors.
A first agreement to start a feasibility study for the project, which also includes the construction of a giant solar plant, was signed in the presence of the country’s minister of energy Mohamed Shaker.
The Indian Ministry of New and Renewable Energy (MNRE) has forwarded to the World Trade Organization a draft quality order on solar modules announced by Energy Minister Piyush Goyal a week earlier.
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