This renewable energy stock could be the biggest beneficiary of solar glass shortage

Over 90% of India’s demand for solar glass is met through imports mainly from China, which contributes 80% to the imports.


An estimated 20-25% shortage of solar glass that is used in coating photovoltaic panels, has raised its price by more than two times in the past six months. Given the demand push is due to the fundamental factor of technological shift, the stock is likely to stay on investors’ radar despite the rapid rise.

ET Intelligence Group: Shares of Borosil Renewables, the only manufacturer of solar glass, have shot up ten times from the March 2020 lows following a global shortage in the product supply. The shortage is due to the shift of global solar panel makers towards bigger, bifacial panel technology which not only increases the panel life to 40 years from 25 years but also increases power output and glass requirement.An estimated 20-25% shortage of

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