In the rapidly evolving world of solar energy, understanding the intricacies of international trade is not just beneficial but crucial. One such intricate aspect that has garnered significant attention in recent times is Trade Circumvention. This term refers to the strategic manoeuvre employed by powerhouse nations, most notably China, to bypass import duties through indirect routes. China, a dominant player in the global solar energy landscape, has woven an intricate trade web. It has been leveraging the geographical and economic advantages of Southeast Asia and exploiting Free Trade Agreemen ..read more

India has emerged as a leader in the global renewable energy market, propelled by India’s Energy Policy, technological advancements, and substantial foreign investments. This sector has attracted significant foreign investments, particularly in solar and wind power projects.  The decreasing cost of solar and wind power has been instrumental in India’s renewable energy growth. Over the past decade, the cost of solar power has dropped by 84%, making it more affordable than coal-based power in many regions. India’s Energy Landscape from the Past to the Future India, a nation home to 18% of the gl ..read more

Solar power is experiencing rapid growth, with the global installation of new solar capacity reaching 239 GW in 2022, surpassing the Terawatt (TW) scale. This marks a 45% increase in solar power capacity compared to the previous year. The favorable market trends observed in the early months of 2023 indicate the potential for another robust year of solar energy. It is expected that by the end of 2023, an additional 341 GW of solar capacity will be added to the grid, representing a remarkable 43% growth rate. The reason behind this remarkable achievement is clear. It can be attributed to the unp ..read more

In the realm of solar energy, the term “Tier 1” often appears to resonate as a badge of honor, symbolizing a manufacturer’s prominence in the photovoltaic (PV) module market. However, it is important to recognize that BNEF’s (Bloomberg New Energy Finance) Tier 1 status does not necessarily equate to superior module quality and reliability. BNEF itself underscores this fact in its criteria, stating unequivocally, “This classification is purely a measure of industry acceptance, and there are many documented examples of quality issues or bankruptcy of BNEF Tier 1 manufacturers.” Here are a few ke ..read more

Imagine a world where energy is harnessed directly from the sun, powering our homes, businesses, and industries with a clean and renewable source. As the global population continues to rise and the specter of climate change looms ever larger, the quest for sustainable energy solutions has never been more pressing. Solar energy, with its immense potential and environmentally friendly attributes, emerges as a beacon of hope in this challenging scenario. In the heart of this pursuit stands EMMVEE, a pioneering force in the solar energy industry. Solar Synergy: Illuminating Climate Change Solution ..read more

In a panel discussion on integrating micro, small, and medium enterprises (MSMEs) into the India growth story, lack of skilled workforce and fund-raising emerged as some of the major challenges faced by MSMEs. The panel discussion was conducted by The Hindu BusinessLine, as part of MSME Growth Conclave on June 27 in Bengaluru, to commemorate the International MSME Day. The conclave was sponsored by Dell Technologies, in association with Canara Bank. Speakers on the first panel included Ravi Machani, MD, Machani Group; Anant Koppar, serial entrepreneur & former President, Bangalor ..read more

In Part 1 of this blog, we’ll take a look at the need for innovations in the field of solar energy and learn more about Thin-film Solar Panels, Transparent Solar Panels, and Perovskite Cells. The need for innovations in solar energy Current estimates indicate that solar energy accounts for only 1% of the world’s total power consumption. However, the use of solar energy is expected to rise to 27% in the next 30 years. In the coming future, solar farms and concentrated solar power (CSP) plants are expected to generate more energy than fossil fuels, wind, or hydroelectric systems, reducing carbon ..read more

India’s solar module exports witnessed an unprecedented surge in 2022, recording a 321% hike year-over-year (YoY), totaling $561.6 million. It was primarily driven by demand from the United States, which accounted for over 95% of the shipments. The emergence of the U.S. as the primary market for Indian solar modules is because of sanctions imposed by the United States on Chinese imports, triggered by the implementation of the Uyghur Forced Labor Prevention Act. India’s solar module manufacturing capacity exceeded 39 GW at the end of September 2022 and is expected to reach ~95 GW by the end of ..read more

Emmvee Group breaks ground for its new solar cell & Module manufacturing facility at Dabaspet, Bengaluru. The facility will be the most advanced and fully automated production line with builtup area of region 500,000 square feet.    The project is part of the Emmvee expansion plan of a total of 1.50 GW solar cell line and 3.00 GW Module manufacturing capacity. The ground breaking ceremony is the official kick start of the phase 2 of capacity expansion of 1.50 GW solar cell line and 1.75 GW of module manufacturing facility construction. The module and cell facilities are sche ..read more

Emmvee Group, a global manufacturer and supplier of PV Modules, has signed a contract with Fraunhofer ISE, the largest solar research institute in Europe. The MoU appoints Fraunhofer ISE as Emmvee’s solar technology partner for its upcoming solar cell manufacturing facility near Bangalore. The collaboration aims to set up a 1.50 GW integrated Mono PERC/TOPCon cell production facility. “Partnering with Fraunhofer ISE will help us to improve our skill, quality and efficiency and allow us to produce high quality cells and modules in the industry. This association will help us to enhance our produ ..read more