The European Commission has launched the EU Solar PV Industry Alliance. SolarPower Europe has already joined the new entity, while EIT InnoEnergy said it will act as its secretariat.
Ratings agency Crisil estimates India will have 38-43GW of annual solar module manufacturing capacity by the end of March 2025. Production capacity will be driven by strong domestic demand, favorable government policy, raised module conversion efficiency, and price competitiveness, according to the ratings agency.
The U.S.-based manufacturer is planning a vertically integrated thin-film solar module manufacturing facility in India. The factory will likely be built in Tamil Nadu and become operational in the second half of 2023.
A national production-linked incentive scheme introduced to encourage domestic manufacturing will now encompass solar. The PV policy will reportedly offer increased rewards for the production of more efficient panels and for Indian content–although it is not clear how.
The 30 MW fab will assemble modules with power ratings from 260 W to more than 330 W.
Indian PV manufacturers have highlighted the need to find alternative supply chains and to push automation and Internet of Things applications on the factory floor, in order to keep production running amid raw material and labor shortages.
Algerian telecoms and renewable energy company Milltech is planning to begin producing panels at a new factory next month. The modules made there will chiefly be distributed in Algeria but the company also hopes to export.
The electronics manufacturer has a 130 MW capacity module production facility.
The government has unveiled a plan to help the PV industry reduce the cost of solar panels from around $0.23/W to $0.10/W by 2030. The plan also aims to reach module efficiencies of around 24% – up to 35% for multi-junction cells – by the end of the next decade.
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