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TOYO Announces Plans For 2 GW Solar Cell Manufacturing Facility

NASDAQ-listed solar company TOYO Co. Ltd has announced its plan to establish a solar cell manufacturing facility with an expected annual capacity of 2 Gigawatts (GW). The company has signed a lease agreement for the new facility that is strategically located in Hawassa, Ethiopia, taking advantage of the country’s favorable investment policies, tariff status, and […]

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After China & Europe, India Set To Embark On Offshore Wind Journey

After a thrust to offshore wind energy projects in China and Europe, swings of changes in this sector are now expected in India too. Last year, globally 10.8 GW of new offshore wind energy capacities were added, as per a report from the Global Wind Energy Council (GWEC). The lion’s share was taken by China […]

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Power Minister Launches National Electricity Plan (Transmission)

Union Power minister Manohar Lal Khattar today launched the Nation Electricity Plan (Transmission), prepared by the Central Electricity Authority (CEA). The central agency with the aim of transmitting of 500 GW of renewable energy installed capacity by the year 2030 and over 600 GW of renewable energy installed capacity by the year 2032 had earlier […]

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Saatvik Solar’s Module Orderbook Swells By 200 MW With Mahagenco ORder

Saatvik Green Energy Limited, has announced that it has won a contract with Maharashtra State Power Generation Company Limited (MAHAGENCO) to supply 200 MW of its cutting-edge N-TOPCon 580Wp modules to various locations across Maharashtra. The total value of the order is estimated to be ₹302 crore. MAHAGENCO is one of India’s largest power generation […]

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News Briefs Oct 13- Runergy’s US Capacity, MCPV Funding, Canada Funding

Runergy’s 2 GW Module Plant In US Operational Runergy, a Chinese Cell maker  with a global production footprint including silicon, wafer, solar cell and module factories in China, Thailand, Vietnam and now the US has started fulfilling its first module order from its plant in the US, With cumulative solar cell shipments exceeding 65GW by […]

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Focus On Avoiding Renewable Curtailments-IEA Prescriptions

Renewable energy sources such as solar and wind power are growing at a rapid pace. Naturally, the transition is also driving significant transformation for the global energy landscape. In 2024, global renewable energy capacity is expected to increase by almost 20 percent, building on the record growth of 60 percent seen in 2023. While this […]

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Renewable Fuels: A Powerful Ally in Decarbonisation, Yet Challenges Remain

The global transition to renewable energy is no longer limited to the rapid deployment of solar and wind power. As the world advances toward a low-carbon future, renewable fuels such as bioenergy, hydrogen, and e-fuels are also playing a critical role in decarbonising sectors that are harder to electrify, such as transport, industry, and heating.  […]

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Wave Solar Inverters Seeks A Place In The Sun

India’s solar push, and now boom, has been through multiple cycles already, but perhaps none more important than the one post 2020. That is the period when both the government, and other stakeholders finally realised that business as usual was not going to help achieve the lofty 500 GW renewables target, with solar accounting for […]

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Exide Industries Invests Rs.100 Cr For Bengaluru’s Lithium-ion Plant

Kolkata-based battery manufacturing company Exide Industries Limited recently announced infusion of about ₹100 crores into its subsidiary, Exide Energy Solutions Limited (EESL), to manufacture and sell lithium-ion battery cells, modules, and packs. The company has made a total investment of ₹2,852.24 crore. The equity investment in EESL, on a rights basis, aims to fund this […]

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