capacity expansion

GoodWe Expands Phase II Manufacturing Base, Capacity Upto 30 GW Now

China-based Global Inverter player GoodWe has expanded its  production capacity to 30 GW, post the inauguration of its manufacturing expansion at Guangde, Anhui province of China. For GoodWe, which enjoys leadership in the storage inverter space the expansion follows the strong growth and success it has had worldwide for its products, enabling the firm to […]

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Borosil Renewables Q4 Results Remain Strong, Faster Growth Awaits

India’s key solar float glass manufacturer, Borosil Renewables Limited has declared its results for Q4 of FY 2021-22, and the results have been on trend. The firm, which has enjoyed a very strong resurgence in prospects and its financials over the past two years as demand has grown worldwide, reported total income of Rs. 182.3 […]

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The Waaree Energies IPO Finally Moves Closer, Marks A Major Step for Manufacturers

Mumbai-based Waaree Energies, India’s largest solar module manufacturer, has filed a draft red herring prospectus (DRHP) with markets regulator Securities and Exchange Board of India (SEBI) to raise Rs 1,350 crore via an initial public offer (IPO). The issue will also have an offer for sale by promoters. The news comes even as enough indications […]

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Rayzon Solar Claims To Be On Course To Add 1.2 GW Capacity By 2021 End

Gujarat-based solar panel manufacturer RAYZON SOLAR claims that its will complete expansion of its production capacity by 1.2GW by the end of 2021. That will take its total operational capacity to 5 GW, placing it among the  top 10 manufacturers in India. This production capacity with ultramodern production technology having Half cut cell bussing system, […]

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Chinese Module Maker Yingli Solar Seeks A Comeback

Yingli Solar, which was once the largest manufacturer of solar panels in the world and the first Chinese company to sponsor the FIFA World Cup TM, has announced plans to make a serious comeback. The Hebei province-based firm, which slipped from a peak turnover of over $2.4 billion in 2011 to less than $650 million […]

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