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Waaree to Raise ₹30 Billion via IPO to Fund Solar Module Facility

Mumbai-based solar module manufacturer Waaree Energies has filed draft papers with the market regulator to raise ₹30 billion (~$361 million) in an initial public...

December 29, 2023

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B.S. Nagaraj

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Finance and M&A

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Solar
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Researchers Power Photo–Battery with Multi-Junction Organic Solar Cell

A team of scientists at the University of Freiburg’s Cluster of Excellence Living, Adaptive, and Energy-Autonomous Materials Systems and the University of Ulm...

November 23, 2023

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Staff

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Solar

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Technology
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China to Dominate 80% of Global Solar Manufacturing Capacity Until 2026

With an investment of $130 billion in the solar industry this year, China will hold more than 80% of the world’s polysilicon, wafer, cell, and module manufacturing...

November 15, 2023

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Staff

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Manufacturing

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Markets & Policy

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Solar
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Huasun Claims Record 750.54W Power Output in HJT Solar Modules

Chinese solar manufacturer Huasun has claimed to set a new benchmark in power output for heterojunction (HJT) photovoltaic modules by achieving a power output of 750....

November 14, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Canadian Solar to Set Up 5 GW Solar Wafer Production Facility in Thailand

Solar module manufacturer Canadian Solar announced it is setting up a 5 GW solar photovoltaic wafer production facility in Thailand. Headquartered in Ontario, Canada,...

November 10, 2023

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Staff

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Manufacturing

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Solar
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AmpIn, Jupiter International to Commission 1.3 GW Solar Module Unit by FY25

AmpIn Energy Transition, an Independent Power Producer (IPP) in India, has announced a joint venture with Jupiter International to set up a facility to manufacture up to...

October 25, 2023

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Gautamee Hazarika

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Manufacturing

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Solar
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Daily News Wrap-Up:  Bidding Calendar Issued for 50 GW of Solar, Wind, RTC Projects in FY24

The Ministry of New & Renewable Energy (MNRE) has issued an agency-wise bidding calendar for 50 GW of renewable energy projects for the current financial year (FY...

April 26, 2023

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Mercom Staff

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Daily Wrap-up
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Hyundai Motor and SK ON to Invest $5 Billion for EV Battery Plant in US

Hyundai Motor Group said it will form a 50:50 joint venture with EV battery maker SK On to invest $5 billion in an electric vehicle (EV) battery cell production facility...

April 25, 2023

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Solar Module Maker Silfab Raises $125 Million from ARC Financial

Canada-based solar module manufacturer Silfab Solar has completed the second investment round of $125 million led by ARC Financial Corp, an energy-focused private equity...

March 9, 2023

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Arjun Joshi

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Finance and M&A

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Solar
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Shirdi Sai Electricals to Bid for PLI-II, Expand Manufacturing Capacity to 10 GW

With an estimated 220 GW of solar capacity required by the decade’s end to meet the 280 GW goal set by the government, India needs a significant manufacturing...

February 7, 2023

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Satish Shetty

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Manufacturing

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Modules

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Solar
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Indian Solar Module Manufacturing Capacity to Reach 95 GW by 2025

India’s solar photovoltaic (PV) module manufacturing capacity exceeded 39 GW at the end of September 2022 and is expected to reach ~95 GW by the end of the...

January 24, 2023

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Arjun Joshi

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Manufacturing

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Mercom Research Focus

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Solar
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LONGi Plans New 100 GW Wafer and 50 GW Cell Production Capacity

LONGi Green Energy Technology has signed an investment agreement with the local government of Shaanxi province to manufacture 100 GW of monocrystalline silicon wafers...

January 20, 2023

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Arjun Joshi

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Manufacturing

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Solar
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Daily News Wrap-Up: Over 766,478 EVs Supported Under Phase II of FAME Program

Here are some noteworthy cleantech announcements of the day from around the world: The second phase of the Faster Adoption and Manufacturing of Electric Vehicles (FAME...

December 26, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Finland-Based Stora Enso and Northvolt to Produce Batteries Using Renewable Wood

Taking a step further to maintain sustainability in battery production, Finland-based forest products manufacturer Stora Enso and lithium-ion battery producer Northvolt...

July 25, 2022

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Gourav Mishra

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Energy Storage

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Technology
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Azure Power Signs Agreement to Secure Solar Module Supplies for the Next Four Years

Independent power producer Azure Power Global signed a Module Supply Agreement (MSA) with  Premier Energies Group to procure modules up to 600 MW annually for the next...

June 14, 2022

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Gourav Mishra

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Finance and M&A

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Solar

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