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Polysilicon Maker REC Silicon In 10 year Deal With Hanwha In US For Supplies

Norwegian Polysilicon manufacturer REC Silicon has entered into a 10-year agreement with South Korean conglomerate Hanwha Solutions to offer fluidised bed reactor (FBR) polysilicon. REC’s two U.S.-based plants have a capacity of more than 20,000 MT of high-purity polysilicon. Readers will recall that the US had imposed severe restrictions on sourcing modules from firms that […]

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Boost to SMEs, Easy Imports, Cheaper Financing: Solar Expectations from Budget ’23

Budget 2022 made major announcements. Primary among them was the earmarking of Rs 19,500 crore for production linked incentives towards the manufacturing of high efficiency solar photo voltaic modules. While this has been a source of hope for the industry, a major mood dampener has been the imposition of duties on solar cells and modules. […]

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Investment In Renewable Energy Matches Fossil Fuels in 2022 For First Time – BNEF

Investments in the renewable energy sector continue to power the energy transition underway, away from fossil fuels. As per a Bloomberg NEF (BNEF) report called  ‘Energy Transition Investment Trends 2023’, for the first time, global investment in low-carbon energy technologies worldwide was roughly equivalent to amount invested in fossil fuels. The amount of investment in […]

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EV Industry Pins Hopes on GST Cuts, Charging Infra, FAME, PLI for Budget 2023

Though at its nascent stage, the EV sector has witnessed colossal growth. 2022, in particular, was a sterling year for it as the sales registers kept ringing as consumers finally began investing their faith in electric vehicles. The sales figures in FY 22 more than tripled when pitted against FY 2021. Major announcements at policy […]

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Modules for Egypt’s Largest PV Project to be Supplied by JA Solar

International solar cell and module manufacturing maker JA Solar has signed an agreement with AMEA Power, a UAE-based power developer. The firm has joined hands with a consortium consisting of China Energy Engineering Group, China Energy International Group and Zhejiang Thermal Power Construction aimed at the supply of integrated solutions for gigawatt-scale wind and photovoltaic […]

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View From WFES-India Risks Falling Behind In Solar and Other Renewables Push

At the World Future Energy Summit in Abu Dhabi, it was interesting to hear the views of delegates, both Indian and foreign when it came to the market attractiveness of India for renewable energy. While there is zero doubt about the emergence of the country as a renewable energy powerhouse that has even pushed many […]

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Global Battery Leader CATL In Tie-Up With UL To Improve Battery Safety

Global battery technology player Contemporary Amperex Technology Co. (CATL) has announced that it has signed an MoU with applied safety science provider UL Solutions for strategic cooperation to help create safer deployment and use of battery energy storage systems (BESS) and electric vehicle (EV) batteries. The agreement expects CATL to use its battery laboratory to […]

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