SUBSCRIBE NEWS LETTER

solar manufacturing capacity

Research Firm Predicts Thin Film Solar Cell Market To Reach $25.3 Billion by 2030

Research firm Allied Market Research has signaled bright times for thin film solar manufacturers with a CAGR (Compounded Annual growth rate) of 8.4% predicted for the period upto 2030. Increasing electricity prices, reduced dependence on foreign oil and fossil fuels, and the storage and later usage of power will drive the growth of the global […]

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NHPC Hopes To Commission 1 GW Solar Power Projects in 2023 With Recent Contracts

India’s largest hydropower generation firm NHPC Ltd expects that three contracts recently awarded to Adani Infra, Tata Power Solar and Sri Sai would commission the 1 gigawatt solar power project by November 2023. Adani Infra, Tata Power Solar and a joint venture of Sri Sai had bagged the contract for producing 600 MW, 300 MW […]

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Waaree Energies Receives NCLT’s Nod For Acquisition of Indosolar Ltd.

Waaree Energies Limited, a leading solar PV module manufacturer in India, has received formal approval from the National Company Law Tribunal, Delhi Bench (NCLT) on 21st April 2022 for the resolution plan submitted by it towards the acquisition of Indosolar Limited, a manufacturer of solar cells, under the corporate insolvency resolution process (CIRP) initiated by the lenders […]

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EU’s New Energy Plans Include Mandatory Solar Panels On New Buildings

The European Union has recently decided to rapidly end its reliance on Russian oil and gas by making it mandatory for all new buildings to have solar panels. A news report published last week quoted the European Commission as saying, “There is a double urgency to transform Europe’s energy system: ending the EU’s dependence on […]

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SolarEdge Opens 2GWh New Battery Cell Facility in South Korea

SolarEdge Technologies, Inc. (“SolarEdge”), the Israel-based inverter major and SolarEdge’s subsidiary, Kokam Limited Company, a provider of lithium-ion batteries and integrated energy storage solutions, have announced the opening of “Sella 2”, a two gigawatt-hour (GWh) battery cell manufacturing facility. Located in the Eumseong Innovation City of Chungbuk, South Korea, Sella 2 is currently producing test […]

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Tata Power commissions 100 MW solar project in Maharashtra

Tata Power Renewable Energy Ltd has announced that it commissioned the 100 MW solar power project for Maharashtra State Electricity Distribution Company Limited (MSEDCL) in Maharashtra. Tata Power claims that the installation comprises over 4,11,900 numbers of monocrystalline PV modules and is expected to reduce around 234 million tons of CO2 annually. The official statement […]

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Sungrow Supplies India’s Largest BESS To Tata Power Solar Systems Limited At Leh

Sungrow, the global leading inverter solution supplier for renewables, has recently completed with Tata Power Solar Systems Limited, India’s largest specialized EPC player, India’s Largest BESS (Battery Energy Storage System) plant in Phyang, Leh, UT of Ladakh. The BESS capacity is up to 60.56 MWh. This plant is located at a high altitude of 3400 […]

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Tata Motors and Tata Power Continue Cooperation To Expand Solar Rooftop With 7 MWp

Continuing with the push towards sustainable manufacturing Tata Power and Tata Motors have joined hands for the development of a 7 MWp solar rooftop project at Tata Motors’ Passenger Vehicle Plant in Chikhali, Pune. This is the third phase of a joint 17 MWp on-site solar project developed by the two companies, of which a […]

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Solarspace Ropes In Krishan Sharma To Lead Asia Pacific Solar Business

Leading solar cell and module manufacturer Solarspace has onboarded Krishan Sharma as the Vice President (VP) to lead its Asia pacific solar business. Sharma was previously at Renesola India. For Solarspace, India is a key market, as it remains one of the largest suppliers of solar cells for module manufacturers in the country. Sharma, with […]

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