SUBSCRIBE NEWS LETTER

solar manufacturing capacity

EV Maker Ola Takes Home INR 3,200 in Fundraising Round

Bengaluru’s electric vehicle firm Ola Electric has closed INR 3,200 crore in its fundraising round. The funds were raised from from marquee investors led by Singapore-based Temasek and project debt from State Bank of India respectively. The funds would be used be employed towards the expansion of Ola’s EV business and the establishment of a […]

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Bids For Standalone Wind In Tranche XIV In June 2023 Awarded Between INR 3.18-3.24 Per kWh: GWEC

The India’s Wind Energy Market Outlook 2023-2027 released by the Global Wind Energy Council, says that by the end of 2022, total renewable energy installed in India stood at 121 GW of total installations with wind contributing 35% of this, making India the fourth-largest wind market in the world, in terms of cumulative installed capacity. […]

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Solex Onboards Amit Thussu as Head of Marketing

Gujarat-based solar panel manufacturing Solex has announced the appointment of Amit Thussu as the Head of Marketing. Before he joined Solex, Amit held the role of Key Account Sales at Solar Labs. The marketing professional has also worked with China’s Suzhou Empire New Energy Ltd. He was Head Sales and Marketing India – Solar inverter […]

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IEA World Energy Outlook 2023-Focus on Affordability, Developing Nations To Achieve Targets

The International Energy Agency’s (IEA) Annual World Energy Outlook Report is out, and it does its best to paint an optimistic picture of the possibilities from energy demand and supply. Even as meeting the target of limiting global warming to 1.5°C from human activity looks increasingly difficult, which the report admits, it continues to provide […]

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We are looking at an expansion plan of 1 GW of TOPCon cell line: Surender Pal Singh, Premier Energies

Premier Energies has witnessed a remarkable journey of introducing the first solar panel assembly line with a 3 MW/year capacity, to setting up a fully-integrated 3.4 GW solar cell and module line. The firm is also capable of handling upcoming technologies of cells with larger sizes such as M10, M12 and Multi-Busbar cells. Surender Pal […]

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Qcells America Completes 2 GW Plant Expansion In US

Qcells, the clean energy solutions provider, has announced the successful completion of its Dalton, Georgia, factory expansion. Qcells added 2 gigawatts (GW) of solar capacity to Dalton, bringing the full factory’s output to more than 5.1 GW. The firms claims that the Qcells Dalton factory is the largest manufacturing plant of its kind in the Western […]

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Volvo Signs Up 1 GW Offshore Wind Project to Power Ops in Sweden

Sweden-based renewable energy developer Eolus Vind AB has entered into an agreement with Volvo Car AB, under which, Eolus will supply energy to the carmaker from its 1 GW Vastvind offshore wind project. The plant, located off the coast of Gothenburg, will power Volvo’s Torslanda factory in western Sweden. The said project includes a battery […]

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Trackers have shown that they are reliable unlike previous view that they are new technology: Siddharth Charkha, HCT Sun

Tell us about your firm. HCT Sun is an India-based, US-owned company. We are primarily in the OPEX (operating expense) business in India, catering especially to SMEs which no one else generally caters to. We employ high-performance components to increase the performance of the projects in the country. Besides, we have partnered with SolarGik, an […]

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Home Energy Consumption In India to Triple By 2050, Says EIA Report

The US Energy Information Administration (EIA), in its energy outlook report for 2023, has come out with a number of projections and scenarios that might surprise people. Not least of which is the attention to India, which the report projects, will become the world’s largest solar market by  capacity additions, overtaking China and the US, […]

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