10g W silicon wafer factory to be landed!

According to foreign media reports, Praveer Sinha, CEO of Tata Power, said recently that the company plans to build India's largest solar silicon ingot and wafer manufacturing plant with a capacity of 10 GW. Tata Power is considering building the new plant with financial support from the central and state governments

, Sinha said, adding that the company would finalise the total investment package in the next two months.

As for the reasons for the proposed construction of silicon ingot and wafer factories, Sinha explained on the earnings conference call that "we found that the module capacity in India is already quite sufficient, and there are many cell factories under construction."

Prior to this, the digital new energy DataBM. Com in another country "encirclement and suppression" of China's photovoltaic ? Reality: Shout the most, buy the most! In the article, it was pointed out that India's current photovoltaic capacity layout is obviously "partial"-mainly concentrated in the downstream component sector, the upstream silicon material, silicon wafer and battery gap is large, mainly relying on imports from China.

According to China's customs data, in recent years, the proportion of China's exports of photovoltaic wafers and cells to India has increased rapidly. From January to September this year, China's exports of photovoltaic wafers and cells to India accounted for 14.21% and 48.28% of the total exports of their respective products, respectively, ranking first.

In order to reduce the dependence on China's silicon wafers and batteries, the Indian government has taken many actions to support the development of local production capacity, such as the introduction of ALMM lists for batteries and silicon wafers. In addition, the Indian government also plans to provide financial support linked to production for the manufacture of silicon ingots and wafers. Data show that at present, Adani Group of India has built a silicon ingot and wafer factory with an annual output of 2G W .

While upstream raw materials are in short supply, India's downstream components are at risk of overcapacity. According to Wood Mackenzie's latest report, India's solar module production capacity is expected to exceed 125 GW by 2025. This is more than three times the demand of about 40 GW in its home market; At the same time, it is expected that this growth will lead to an increase of 29 GW in India's solar module inventory by the third quarter of 2025.