manufacturer

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Borosil Renewables’ Q4 Profit Up 80% YoY Driven by Higher Solar Glass Sales

Solar glass manufacturer Borosil Renewables’ profit peaked by 80% year-over-year (YoY) to ₹105.01 million (~$1.2 million) for the fourth quarter (Q4) of the financial...

May 31, 2023

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Gourav Mishra

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Inverters & BOS

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Markets & Policy

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Solar
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SEG Solar Acquires 2 GW Solar Module Manufacturing Facility in Texas

California-based solar module maker SEG Solar announced the acquisition of a manufacturing facility in Texas with the capacity to produce over 2 GW of solar modules. The...

March 20, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Daqo’s Q4 Net Income Surges to $373 Million on Higher Polysilicon Sales

China-based manufacturer of photovoltaic (PV)-grade polysilicon Daqo New Energy Corporation posted a year-over-year (YoY) spike of 164% in its net income at $372.9...

March 1, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Borosil Renewables’ Q3 Profit Dips 52% to ₹224 Million on Higher Input Cost

The profit of solar glass manufacturer Borosil Renewables slumped by 52% year-over-year (YoY) to ₹223.8 million (~$2.7 million) for the third quarter (Q3) of the...

February 15, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Renewable Energy
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SolarEdge’s Q4 Revenue Jumps 61% on Higher Inverter Shipments

SolarEdge, an Israel-based solar inverters manufacturer, posted revenue of $890.7 million for the fourth quarter of the financial year 2023, a jump of 61.4%...

February 15, 2023

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Gourav Mishra

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Finance and M&A

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Solar
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Eicher Motors to Acquire 10.3% Stake in E-Motorcycle Firm for €50 million

India-based automobile conglomerate and the parent company of Royal Enfield, Eicher Motors (EML), said it would acquire a 10.35% stake in European electric motorcycle...

December 30, 2022

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Gourav Mishra

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Electric Vehicles

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Finance and M&A
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Investment Firms to Acquire 49% Stake in Goldwind’s 528 MW Wind Farm in Australia

California-based investment firm Palisade Investment Partners (Palisade) and Aware Super Pty, a trustee of Australian superannuation fund Aware Super, are acquiring a...

December 21, 2022

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Gourav Mishra

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Other

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Renewable Energy
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Jinko Solar Achieves Record Conversion Efficiency of 26.1% in N-type TOPCon Module

China-based solar cell and module manufacturer Jinko Solar announced achieving a record maximum solar conversion efficiency of 26.1% in its 182 mm N-type module, which...

November 17, 2022

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Gourav Mishra

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Solar

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Technology
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Northvolt Raises $1.1 Billion to Fund Expansion of Battery and Cathode Production

Northvolt, a Sweden-based manufacturer of lithium-ion batteries, has signed a $1.1 billion convertible note to finance the expansion of its battery and cathode material...

July 6, 2022

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Gourav Mishra

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Finance and M&A

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Other
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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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Higher Module Shipments Boost Canadian Solar’s Revenue to $1.25 Billion in Q1 2022

Canada-based solar photovoltaic module manufacturer Canadian Solar recorded revenue of $1.25 billion in the first quarter (Q1) of 2022, a year-over-year (YoY) growth of...

May 25, 2022

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Gourav Mishra

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Markets & Policy

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Solar
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Funding and M&A Roundup: Lithium-ion Battery Manufacturer Mitra Raises $20 Million

From: Mercom Capital Group Mitra Future Technologies (Mitra Chem), a lithium-ion battery materials manufacturer, raised $20 million in a Series A funding round. Social...

November 22, 2021

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Staff

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Finance and M&A

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Other
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Freight Charges and Bottlenecks Bring First Solar’s Net Sales Down by 7% in Q3 2021

First Solar, a U.S.-based manufacturer of solar modules, has released its financial results for the third quarter of 2021 (Q3 2021). The firm’s net sales in Q3 2021...

November 9, 2021

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Arjun Joshi

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Finance and M&A

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Solar
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Funding and M&A Roundup: Solar Cell Manufacturer Exeger Raises $38 Million

From: Mercom Capital Group Exeger, the Sweden-based solar cell manufacturer, secured $38 million in financing to start building its new solar cell factory in Stockholm,...

May 17, 2021

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Staff

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Finance and M&A

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Other
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First Solar Reports 56% Year-Over-Year Slide in Net Sales in Q4 2020

U.S.-based solar module maker First Solar has announced that its net sales in the fourth quarter of 2020 (Q4 2020) stood at $609.2 million, down 56% from about $1.4...

February 26, 2021

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Nithin Thomas

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Finance and M&A

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Solar

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