India aims for second largest solar module producer by 2025

22 Nov 2023 CW Team

By 2025, India is poised to become the world's second-largest producer of solar modules, outpacing Southeast Asia and focusing primarily on meeting the demand in the United States, according to a report by Wood Mackenzie. This development occurs against the backdrop of China's anticipated dominance, holding over 80% of the global capacity for the solar module supply chain starting in 2024.

The report highlights India's strategic plan to boost module exports to the lucrative US market. However, the country faces hurdles in the form of high production costs, attributed to a 25% basic customs duty on imported solar cells. There is speculation that the Indian government may consider reducing the duty on Chinese modules, currently subject to a 40% tax, to support its export ambitions.

Conversely, the United States, propelled by the Inflation Reduction Act, is actively developing its photovoltaic manufacturing capabilities. Yet, the absence of domestic production for wafers, cells, or glass implies continued reliance on imports, particularly after the expiration of President Biden's temporary waiver on solar import tariffs in mid-2024.

In parallel, Southeast Asia's solar capacity, largely influenced by Chinese investments, and Europe's advocacy for protective tariffs on Chinese modules due to non-competitive prices underscore significant shifts in the global solar module supply chain.

The report also delves into China's dominance in N-type cell technology, constituting 95% of the announced global expansions in this field, and anticipates its consequential impact on the market. Despite challenges leading to tightened profit margins in the sector, the report suggests that vertically integrated manufacturers may still discover growth opportunities.

Infrastructure Urban

07 Nov 2025

Welspun Enterprises Wins 910 MLD Panjrapur WTP Contract

Welspun Enterprises (WEL), the infrastructure and energy arm of Welspun World, has secured a major contract from the Brihanmumbai Municipal Corporation (BMC) to design, build and operate a 910 million litres per day (MLD) Water Treatment Plant (WTP) at Panjrapur, Maharashtra.Valued at approximately Rs 31.45 billion, the project encompasses end-to-end civil, mechanical, electrical and instrumentation works, including the construction of a treated water sump and pumping station. Of the total value, nearly Rs 11.56 billion is allocated to Operations & Maintenance (O&M), with an additional..

Mitsubishi Power Wins Boiler Upgrade Contract for O Mon 1 Plant

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, (MHI), has been awarded a contract to support the oil-to-natural-gas fuel conversion at the O Mon 1 Thermal Power Plant in Can Tho, southern Vietnam. As the OEM of the plant’s existing boiler, Mitsubishi Power will supply key equipment—including new gas burners—and implement a selective catalytic reduction (SCR) system to reduce NOx emissions and help the plant meet stricter environmental standards.The O Mon 1 facility includes two 330 MW units that commenced operations in 2009 and 2015, with all major equipment or..

Liebherr’s 10,000th XPower Wheel Loader Joins BERGER’s Fleet

BERGER Rohstoffe GmbH has welcomed the 10,000th Liebherr XPower wheel loader to its operations at the Schlag granite quarry in Passau. The milestone machine, officially handed over at Liebherr’s Bischofshofen plant in May 2025, underscores the long-standing partnership between BERGER, Liebherr, and the Beutlhauser Group. Equipped with Liebherr’s signature power-split travel drive, the new L 580 XPower is already delivering strong results under demanding quarry conditions.At the Schlag quarry, BERGER Rohstoffe processes approximately 200,000 tonnes of Bayerwald granite annually into high-qu..