India’s government has approved the second round of the production-linked incentive (PLI) scheme to incentivise domestic solar PV module manufacturing.
Dutch thin film manufacturer HyET Solar has received backing from Australian green hydrogen producer Fortescue Future Industries (FFI) and Dutch investment fund Teslin Participaties that will help in the construction of its solar PV factory.
Heterojunction cell and module manufacturer Meyer Burger has started development of a new module facility with an additional 400MW in Germany to cater for European demand.
A new support scheme from India’s government to boost the domestic manufacture of PV modules has seen 18 bidders submit 54.8GW of applications, according to consultancy JMK Research & Analytics.
Solar manufacturers that plan on setting up integrated, higher capacity plants in India will be given preference in the country’s new production-linked incentive (PLI) programme.
Module manufacturer Seraphim is to invest in a 750MW module assembly facility in Vietnam to expand its global production footprint and serve US market.