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domestic manufacturing

H1 Revenues and Growth Powered By Global Expansion For Chinese Solar Majors

While protectionist moves in key global markets might be a factor in a couple of years or earlier, for now, Chinese solar manufacturers offering critical solar equipment are enjoying their day in the sun. Key players are all delivering record numbers, thanks to capacity increases and steady prices. H1 figures coming from firms across the […]

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Haryana Renewable Energy Department Awards Order for 7,781 Pumps to Shakti Pumps

Shakti Pumps has announced receiving its first work order under the KUSUM-3 Scheme from Haryana Renewable Energy Department (HAREDA). The contract is for 7,781 pumps. The work order for the pumps is valued at close to INR 358 crores. This is inclusive of GST. Recently,  Shakti Pumps reported a net sale at INR 101.01 crore […]

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Chinese Manufactucturers Flex Muscle In Wind Energy Too With 60% Market Share

While the world has been familiar with Chinese dominance of the solar sector, it is the wind energy sector where Chinese manufacturers have been making even faster strides. Onshore wind energy is dominated by Chinese firms today, even as Offshore wind, the last ‘frontier’ for western dominance, continues to crumble in the face of the […]

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Lack of Logistics Support Major Hurdle for EV Market Growth in Africa: UNCTAD

A recent report released by the United Nations Conference on Trade and Development (UNCTAD) suggests that Africa’s critical mineral industry can help manufacturers looking to diversify their supply chain. It can power their EV market and add value to their global supply chain. The report places the continent in the fifth position on the world’s […]

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Rakesh Singh to Steer RenewSys as CEO- Encapsulants & Backsheets

Rakesh Singh has been onboarded at RenewSys as the CEO – Encapsulants & Backsheets. Singh’s career spans 30 years in manufacturing, business excellence, Supply Chain Management, and domestic & international business. Rakesh’s previous stint was as the CEO & Executive Director at Mahindra Solarize. He has also worked with other firms such as Vickers System […]

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KORE Power Chosen by Energy Vault for US Battery Production from 2025 Onward

Swiss energy storage firm, Energy Vault, has chosen KORE Power, a company based in Coeur d’Alene, Idaho, to supply batteries produced domestically. The anticipated launch of Phase 1 at the KOREPlex facility in Arizona is set for 2025. A Master Supply Agreement was announced earlier this week, outlining an initial delivery capacity of 1.3 GWh […]

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First Solar Continues US Footprint with Announcement of New Factory in Louisiana

Solar solutions provider First Solar will be setting up is fifth thin-film solar module factory in the Acadiana Regional Airport in Iberia Parish, Louisiana in the USA. The unit will see an investment worth $1.1bn and aid America with capacity expansion for the production of photovoltaic solar modules domestically. The said investment will chalk out […]

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