Latest news with #TOPCon
Time of India
2 days ago
- Business
- Time of India
Nearly 70% of Rajasthan's power capacity comes from renewable energy: Pralhad Joshi
New Delhi: Almost 70 per cent of Rajasthan's power capacity is now sourced from renewable energy, with over 35.4 gigawatts installed, 29.5 gigawatts from solar and 5.2 gigawatts from wind, according to Union Minister for New and Renewable Energy, Pralhad Joshi . The state is now a beacon of hope, energy independence, and self-reliance, said the minister while inaugurating the 435 megawatt Gorbea Solar Power Project , developed by Zelestra India, in Rajasthan. He described the Gorbea project as a shining example of what is possible through visionary leadership and honest intent. "With every megawatt we generate, we are not just producing power, we are building a New India," he remarked, adding that the project reflects the speed and scale of change. The Gorbea Solar Power Project, delivered in under eight months, spans 1,250 acres and is backed by a 25 year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India. It will generate 755 gigawatt hours of clean electricity annually, powering approximately 1.28 lakh homes and reducing nearly 7.05 lakh tonnes of carbon emissions each year. The minister highlighted that the project has turned farmers into partners in India's energy journey, as the land used has been leased from them, offering stable income. "Our farmers are no longer just food providers. They are now energy providers as well," he said. During construction, over 700 local workers were employed, contributing to livelihood generation and skill development. Joshi also noted that the entire evacuation infrastructure, including the on-site substation and a 6.5 kilometre transmission line, was completed in just five months. The project uses advanced solar panels (TOPCon bifacial mono PERC modules) and over 1300 robotic cleaning units to maintain peak performance. Joshi called this a world-class facility and urged broader adoption of such technologies. Referring to his visit to IIT Bombay, the Minister spoke about ongoing work on Perovskite Tandem Solar Cells and encouraged Zelestra and Rajasthan officials to explore pilot projects using this next-generation solar technology. He said such innovations could significantly boost energy yields in high-irradiance states like Rajasthan. Under the PM Surya Ghar Muft Bijli Yojana , over 49,000 rooftop installations have been completed in Rajasthan, with more than Rs 325 crore in subsidies disbursed. He urged faster implementation, given the 2.7 lakh applications already received. Under PM-KUSUM, nearly 1.45 lakh solar pumps have been installed. The minister said that India has already achieved its target of 50 percent installed capacity from non-fossil fuel sources, five years ahead of the 2030 deadline. -IANS na/
Time of India
5 days ago
- Business
- Time of India
UP nod to Rs8k cr solar park
Noida: Yamuna Expressway Industrial Development Authority (YEIDA) is planning to set up a solar plant on 200 acres in Sector 8 along the Yamuna Expressway. The state govt has approved a proposal by SAEL Solar P6 Private Limited to set up an integrated facility with a manufacturing capacity of 5 GW solar cells and 5 GW solar modules. Tired of too many ads? go ad free now The project will come up at an estimated cost of Rs 8,200 crore. SAEL Industries Limited, the parent company, is an integrated renewable energy firm that deals in providing affordable, sustainable, and clean energy. The integrated solar manufacturing project, being executed by its subsidiary Sael Solar P6 Pvt Ltd, will increase the company's total solar module manufacturing capacity to 8.5 GW. The plant will produce tunnel oxide passivated contact (TOPCon) solar cells, which will be assembled into solar panels on an in-house module manufacturing line. According to a YEIDA official, the project has been classified under the ultra mega category, reserved for investments of Rs 3,000 crore or more. "This will be a completely new greenfield project in the area and is among the largest investments received so far," the official added. On Feb 24, YEIDA issued a Letter of Intent (LOI) to the company and forwarded the proposal to the state govt. On July 10, Invest UP granted a Letter of Comfort approving the proposal, after which YEIDA expedited the land allotment process and is expected to formally hand over the 200-acre plot within this month. Company representatives have already visited the YEIDA office to discuss documentation and other formalities, officials said. "This project is expected to give a major boost to the solar sector and generate employment for around 2,500 people in the region. The state govt has started the process to allot land based on the Letter of Comfort issued," said a YEIDA official. SAEL Solar currently has over 6.7 GW of solar projects across India, including both operational and under construction, and an existing capacity to manufacture 3.5 GW of TOPCon solar modules. The integrated facility in Yamuna City will manufacture solar cells, which use photovoltaic technology to directly convert sunlight into electricity, starting from silicon wafers with specialised coatings and electrodes.
Time of India
14-07-2025
- Business
- Time of India
SAEL Industries to invest ₹8,200 crore in Greater Noida solar unit
New Delhi: SAEL Industries said on Monday that it will invest around ₹8,200 crore to set up a facility with a 5 GW solar cell manufacturing unit and a 5 GW module manufacturing line in Greater Noida. The integrated solar manufacturing project , being executed by subsidiary SAEL Solar P6 Pvt Ltd, will take the company's total solar module manufacturing capacity to 8.5 GW. The plant will produce tunnel oxide passivated contact (TOPCon) solar cells which will be assembled into solar panels at in-house module manufacturing line, the company said. SAEL is keen on backward integration to support its solar power business and the domestic solar value chain , it said. It has more than 6.7 GW of solar power assets that include operational and under-construction projects in India. It has a 3.5 GW TOPCon module assembly capacity.
Time of India
14-07-2025
- Business
- Time of India
SAEL to invest ₹8,200 crore in 10 GW solar manufacturing facility in Greater Noida
New Delhi: SAEL Industries Limited, through its subsidiary SAEL Solar P6 Private Limited, will invest ₹8,200 crore to establish an integrated solar cell and module manufacturing facility under the Yamuna Expressway Industrial Development Authority (YEIDA), taking the company's total solar manufacturing capacity to 8.5 GW. The plant, to be located in Greater Noida , will include a 5 GW solar cell manufacturing unit and a 5 GW module manufacturing line. Construction of the facility is scheduled to begin in 2024. Uttar Pradesh Chief Minister Yogi Adityanath handed over the Letter of Comfort to SAEL Director and Co-Founder Sukhbir Singh Awla. 'Uttar Pradesh is charting a bold and aggressive path towards renewable energy, setting an ambitious target of generating green energy. Projects like the one undertaken by SAEL's ₹8,000 crore are vital to achieving this. This is the future, and Uttar Pradesh is ready to lead," the Chief Minister said. Commenting on the project, Sukhbir Singh Awla said, 'We thank the Government of Uttar Pradesh for entrusting and facilitating SAEL Industries Ltd. to establish a solar manufacturing facility . This facility will be a major leap for scaling our manufacturing capabilities and reinforcing our contribution to the future of solar manufacturing in India.' The upcoming plant will manufacture Tunnel Oxide Passivated Contact (TOPCon) solar cells. These will be assembled into modules at the in-house line. The project supports SAEL's backward integration strategy to serve its solar Independent Power Producer (IPP) business and contribute to the domestic solar value chain. SAEL has a total of 6.7+ GW of Solar IPP assets, including operational and under-construction projects across India. The company already has a 3.5 GW TOPCon module assembly capacity—3.2 GW in Rajasthan and 300 MW in Punjab.
Yahoo
07-07-2025
- Business
- Yahoo
Photovoltaics (PV) Films Market worth $41.59 billion by 2034 - Exclusive Report by MarketsandMarkets™
DELRAY BEACH, Fla., July 7, 2025 /PRNewswire/ -- The report "Photovoltaics (PV) Films Market by Raw material (EVA, PVB, POE), Application (Ground-mounted PV, Building-integrated PV) - Forecast to 2034", photovoltaics (PV) films market size is projected to grow from USD 14.05 billion in 2025 to USD 41.59 billion by 2034, registering a CAGR of 12.8% during the forecast period. Browse in-depth TOC on "Photovoltaics (PV) Films Market" 140 – Tables60 – Figures200 – Pages Download PDF Brochure: The market for photovoltaic films is expanding driven primarily by emerging technologies, such as Tunnel Oxide Passivated Contact (TOPCon) and Heterojunction Technology (HJT)—that need encapsulation designed for them specifically to be successful. TOPCon and HJT cells have steadily improving efficiencies and energy conversion rates over existing silicon-based cells, making them the most widely implemented technologies in the solar industry. They are, however, more susceptible to environmental conditions that require advanced encapsulation films with improved UV protection, thermal stability, and electrical insulation. HJT cells, which have crystalline silicon combined with hybrid amorphous silicon layers, are an example of the necessity of films to mitigate potential-induced degradation (PID). PVB films based is anticipated to be the largest segment in photovoltaics (PV) films market, by raw material, in terms of value, during the forecast period PVB films account for the largest share of the photovoltaic films market. The preferred choice for encapsulation films is likely a result of its excellent physical and chemical properties, and compatibility with new PV (photovoltaic) technology. PVB was first developed for laminated safety glass use in the automotive and construction industries. The films have some prized benefits, such as superior adhesion to glass, high optical clarity, and stronger protection from UV and moisture from extreme environmental conditions in regions, such as the Middle East & Africa, which relate to high heat, sand, and UV exposure. Furthermore, PVB provides structural support by enhancing the mechanical strength and impact resistance of the panel assembly, helping protect it from damage during transportation, installation, or exposure to adverse weather conditions. Much of the damage can lead to loss of efficiency and even shorten the product life of the solar panel. However, with new advances in bifacial and building integrated photovoltaics (BIPV) that use glass-glass module combinations, demand is expected to grow for encapsulation materials like PVB. Request Sample Pages: Ground is projected to be the largest segment in photovoltaics (PV) films market, by application, during the forecast period Ground solar applications constitute the largest share in the application segment of the global market for photovoltaic films because the geography, infrastructure, and economy in many regions support the deployment of large-scale solar energy. Globally, semi-arid and arid land areas with low vegetation cover and minimal land-use conflicts make them suitable for utility-scale solar installations. Ground-mounted photovoltaic (PV) systems and installations, particularly utility-scale solar farms, are heavily reliant on films since large quantities of encapsulation films are necessary to protect solar panels and enhance the durability and service life of solar panels that are subjected to harsh climate, energy, extreme UV radiation exposures, high temperatures, sand storms and high humidity conditions in coastal zones. Ground systems also provide optimal utilization of PV to achieve maximum energy yield with maximum power point tracking, coupled with ideal orientation/solar tracking, which is increasingly significant in areas experiencing rapid urbanization and industrialization. Asia Pacific is expected to be the largest region in the photovoltaics (PV) films market, during the forecast period Asia Pacific accounts for the largest share of the photovoltaic film market, owing to its strong manufacturing industries and rapidly developed solar energy sector. China, India, Japan, and South Korea continue to be leaders in deploying solar energy, with an active push to promote the use of renewable energy by the government. China is home to many of the global leaders in solar panel manufacturing, which creates great demand for encapsulation films that enclose and protect the solar cells and meet module efficiencies. Asia Pacific has local producers of encapsulation materials and a geographically well-established supply chain that enables producers to get high-quality, inexpensive substrate material. Thus, the region has heavily invested in energy security and promotes energy sustainability, which has led to considerable utility-scale solar development and rooftop installations. Encouraging policies like subsidies and long-term solar install targets also spur momentum. Moreover, skilled labor and access to raw materials provide a competitive advantage in the supply of photovoltaic films. Request Customization: To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the photovoltaics (PV) films market such as H.B. Fuller Company (US), 3M (US), Kuraray Co., Ltd (Japan), JA SOLAR Technology Co., Ltd. (China), Borealis AG (Austria)., Jiangsu Sveck Photovoltaic New Material Co., Ltd (China), HANGZHOU FIRST APPLIED MATERIAL CO.,LTD. (China), Shanghai HIUV New Materials Co.,Ltd. (China), Guangzhou Lushan New Materials Co., Ltd. (China), Betterial (China), Mitsui Chemicals, Inc. (Japan), Hanwha Group (South Korea), Zhejiang Sinopont Technology Co.,Ltd. (China), and Cybrid Technologies Inc. (China). Get access to the latest updates on Photovoltaics (PV) Films Companies and Photovoltaics (PV) Films Market Size Browse Adjacent Market: Foam and Insulation Market Research Reports & Consulting Related Reports: EVA Films Market - Global Forecast to 2029 Epoxy Resin Market - Global Forecast to 2030 Tower Crane Rental Market - Global Forecast to 2030 About MarketsandMarkets™ MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report. MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe. Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem. The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing. Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts. To find out more, visit or follow us on Twitter, LinkedIn and Facebook. Contact:Mr. Rohan SalgarkarMarketsandMarkets™ INC.1615 South Congress 103, Delray Beach, FL 33445USA: +1-888-600-6441Email: sales@ Our Website: Logo: View original content: SOURCE MarketsandMarkets Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
