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News In Brief April 24- Vsun Wafer Plant, First Solar, Soltec, Nextracker

X-Elio Goes With Soltec Trackers For 367MW Utility-Scale Project Spanish solar tracker company Soltec has announced a supply deal with fellow Spanish solar developer X-Elio for its single-row, dual-axis SFOne trackers to an X-Elio solar PV project in the Spanish region of Murcia. The deal will see Soltec ship 5,948 trackers to the site. VSUN’s […]

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Atlas Renewable Energy Acquires Its First Solar Project In Colombia

Renewable Energy Company, Atlas Renewable Energy has announced that it acquired its first solar project in Colombia. The Shangri-La solar project, located in the Department of Tolima, will generate approximately 403.7 GWh per year and will supply clean energy through a power purchase agreement (PPA) that Atlas has entered into with a leading Colombian company […]

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Indore Wants To Be India’s First Solar City; To Have 25-30K Rooftops With Solar In Three Months

Indore – the cleanest city of India – is now aspiring to transform into India’s first solar-powered city in less than a year’s time from here. Following a high-level meeting aimed at advancing Indore’s transition to a solar city, Principal Secretary (Energy) Sanjay Dubey informed reporters about the determined timeline. “We have set an ambitious […]

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First Solar Inaugurates 3.3 GW Solar Manufacturing Facility In Tamil Nadu

American solar module manufacturer First Solar inaugurated its new solar manufacturing facility in Tamil Nadu. The global cleantech company claimed it to be the country’s first fully vertically integrated solar manufacturing plant. The Minister for Industries, Promotions and Commerce of the Government of Tamil Nadu, T R B Rajaa inaugurated the facility in a ceremony attended by […]

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First Solar Signs PPA With Cleantech Solar To Procure 150 MW Facility

First Solar, an American solar technology company entered into a 15-year, captive Power Purchase Agreement (PPA) with Cleantech Solar, a renewable energy solutions provider operating in India and Southeast Asia, the firm said. Under the agreement, Cleantech Solar will construct 150 megawatts (MW) of photovoltaic (PV) solar and 16.8 MW of wind-generating assets in Tamil […]

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First Solar, Fiserv Sign Tax Credit Transfer Pacts Under Inflation Reduction Act

First Solar, a solar technology company entered into two separate tax credit transfer agreements (TCTAs) between Fiserv, Inc. and First Solar. These agreements were made to sell $500 million and up to $200 million, respectively, of 2023 Inflation Reduction Act (IRA) Advanced Manufacturing Production tax credits to Fiserv, Inc. The agreement is subject to satisfaction […]

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Shakti Pumps Bags First Solar Pump Order Under PM-KUSUM’s Component C

Shakti Pumps, one of the largest Indian solar pumping companies and a prominent player in the renewable energy sector, has announced the receipt of its inaugural commercial order under the PM-KUSUM scheme Component-C from Ajmer Vidyut Vitran Nigam Limited for the total worth of INR 149.71 Crs. The win is a significant milestone as the […]

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Inox Bags Nitrogen Deal With First Solar For Tamil Nadu PV Plant

INOX Air Products (INOXAP), India’s largest manufacturer of industrial and medical gases, has signed a 20-year agreement with First Solar, the American manufacturer of thin film solar modules which is starting commercial production at Tamil Nadu soon. The agreement covers the design, engineering, installation, and operations of a Cryogenic Nitrogen Generator to supply high-purity Nitrogen […]

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