Reliance Backed Wafer Manufacturing StartUp NexWafe Plans 6GW US Manufacturing Plant Updated On Mon, Jan 29th, 2024 by Saurenergy German solar startup NexWafe GmbH, which counts India’s Reliance among its key investors, is considering a major expansion in the US with 6 GW of solar wafer manufacturing capacity there. Towards this end, NexWafe GmbH has established a U.S. subsidiary to evaluate the development of multi-gigawatt-scale solar wafer production in the U.S. with an initial […] Read more
MHI Invites Re-Bidding For 10 GWh ACC Manufacturing Under PLI Updated On Thu, Jan 25th, 2024 by Saurenergy The Ministry of Heavy Industries (MHI) recently released a tender for re-bidding of Production Linked Incentives (PLI) for 10 GWh Advanced Chemistry Cell (ACC) manufacturing. The Ministry of Heavy Industries (MHI) invited applicants to submit bids to set up a domestic manufacturing facility for ACC. This can help them qualify for incentives under the PLI […] Read more
Enel Subsidiary 3Sun Secures €560 million For HJT Solar Manufacturing In Italy Updated On Thu, Jan 25th, 2024 by Saurenergy Italy, which has been a surprise beneficiary of the European push for more manufacturing, got another boost with 3Sun, the solar module manufacturing subsidiary of Italian utility Enel secured €560 million for its heterojunction module assembly plant in Sicily, Italy. Details on the number of jobs this would create are not available, but widely expected […] Read more
Meyer Burger Announces Halt On German Manufacturing Plant, US Focus Updated On Thu, Jan 18th, 2024 by Saurenergy The massive Chinese push into Europe with the resultant high inventory levels (estimated at 90 GW, almost equal to two years of capacity additions) and low prices has claimed its first big victim. Meyer Burger Technology AG, a long-time pioneer and technology leader in the global photovoltaic industry, has prepared a plan to cut losses […] Read more
Adani Green FY24 Update Highlights 16% Growth In Capacity, 59% In Power Sales Updated On Tue, Jan 16th, 2024 by Saurenergy In an operational update to the stock exchanges, Adani Green Energy Limited (AGEL), the renewable energy developer arm of the Adani Group, has shared the progress it has made in the first 9 months of FY24. With a target of 45GW of operational renewable energy by 2030, which would be close to10% of India targets, […] Read more
1.5 GW Electrolyser Manufacturing Allocations Done, India Looks To Green Hydrogen Updated On Mon, Jan 15th, 2024 by Saurenergy SECI has announced the winning bidders for the Capacity Allocation under the RfS for Selection of Electrolyser Manufacturers (EM) for Setting up Manufacturing Capacities for Electrolysers in India under the Strategic Interventions for Green Hydrogen Transition (SIGHT) Scheme (Tranche-I). The firms under the head of capacity built using any stack technology, include Reliance Electrolyser Manufacturing, […] Read more
First Solar Inaugurates 3.3 GW Solar Manufacturing Facility In Tamil Nadu Updated On Fri, Jan 12th, 2024 by Saurenergy 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 […] Read more
Top 5 Countries With The Fastest Increase In Solar Capacity In 2023 Updated On Thu, Jan 4th, 2024 by Saurenergy As 2023 comes to an end and 2024 is upon is, it could be considered an interesting exercise in retrospect to look upon the countries that shone in terms of adding solar capacity in the past year, leading the rest of us into the future. Here are the top 5 countries with the fastest increase […] Read more
Adani Green Concludes PPA For Entire 8GW Manufacturing-Linked SECI Tender Updated On Mon, Dec 25th, 2023 by Saurenergy Adani Green Energy Ltd (AGEL) has announced the execution of power purchase agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 1,799 MW of solar power. With the signing of this balance PPA, AGEL has completed the power offtake tie-up for the entire 8,000 MW manufacturing-linked solar tender awarded to it by […] Read more