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World largest polysilicon Haldia project gets delayed

It seems, the Rs.35000 million world largest solar project financial closure is delayed due to global recession. The project is promoted by West Bengal government, SREI Infrastructure and other equity from equipment providers. Centrotherm Photovoltaics AG has been awarded turnkey contract for the project on a turn-key basis and is expected to pick up minority stake of 10-15 per cent in the project. Currently, the project has acquired 200 acre for its current phase and is in talks with the government for another 600 acres for the other phases. The plant proposes to produce 2,500 tonne of polysilicon at an investment of Rs 2,5000 million.. The plant would also produce wafers in the subsequent phases. The project aimed to make all stages of production of solar panels. It was expected to play a significant role in contributing to the central government's target of having 5,000 MW of solar power by 2012.

BHEL and BEL forms joint-venture to manufacturer solar panels

Indian public sector units BHEL and BEL have signed a MoU to form a joint-venture company to manufacture solar photo voltaic cells with 250 MW capacity. The company will manufacture silicon wafers, solar cells and modules. They are looking for suitable technology and raw material suppliers like poly silicon and vendors. Currently, BHEL and BEL have 8 MW and 6 MW capacity respectively and with this unit they plant to garner domestic market as well as exports.

Numeric Power Systems ventures into solar equipment


Numeric Power Systems, a leading UPS manufacturer based in Chennai has formed a new unit styled as ‘Numeric Solar Energy Pvt Ltd’ to undertake integrated solar power installations. It plans to manufacturer LED lighting systems, solar street lighting systems, customized LED lighting solutions etc.,

It also plans to set up a 1 MW solar plant at its Palladam wind farm with investments around Rs.200 to 250 million. The company has 120 kW solar power installations at its Chemmancherry plant.
 


Solar Semiconductor commences commercial production from FabCity

Solar Semiconductor Pvt Ltd which was setting up a green field solar photovoltaic module plant in FabCity has commenced operations by exporting its first batch of consignment to Germany. The plant was put up at a cost of Rs.2000 million. The company plans to pump Rs. 4000 million more to expand its production lines of solar modules, cell line and thin films. It is also setting up a new unit with module making capacity of 70 MW a year at Kompally near Hyderabad.

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